FTC Solar, Inc. (FTCI) stock

FTCINasdaqSemiconductors & Related DevicesFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 5/30

$1.05−0.16 (-12.86%)

Close on Nov 13, 2026Market cap $17.28MP/E –Yield –

FTC Solar gross margin

Gross margin is gross profit as a percentage of revenue.

FTC Solar's gross margin for the twelve months ending Sep 30, 2026 was 3.1%. For fiscal 2025 it was -0.9%, against -26.6% the year before. The highest annual figure on record is 6.5% in fiscal 2023.

Annual gross margin

Period	Period end	Value	Change (pts)
FY2025	Dec 31, 2025	-0.9%	+25.7
FY2024	Dec 31, 2024	-26.6%	−33.1
FY2023	Dec 31, 2023	6.5%	+28.7
FY2022	Dec 31, 2022	-22.1%	−10.1
FY2021	Dec 31, 2021	-12.0%	−14.0
FY2020	Dec 31, 2020	1.9%	+5.6
FY2019	Dec 31, 2019	-3.7%	–

Quarterly gross margin

Change is against the same quarter a year earlier.

Period	Period end	Value	Change (pts)
Q3 FY2026	Sep 30, 2026	5.8%	−0.3
Q2 FY2026	Jun 30, 2026	-8.5%	+11.1
Q1 FY2026	Mar 31, 2026	-7.1%	+9.5
Q4 FY2025	Dec 31, 2025	14.9%	+44.0
Q3 FY2025	Sep 30, 2025	6.1%	+48.6
Q2 FY2025	Jun 30, 2025	-19.6%	+0.9
Q1 FY2025	Mar 31, 2025	-16.6%	+0.2
Q4 FY2024	Dec 31, 2024	-29.1%	−32.0
Q3 FY2024	Sep 30, 2024	-42.5%	−53.5
Q2 FY2024	Jun 30, 2024	-20.5%	−27.3
Q1 FY2024	Mar 31, 2024	-16.7%	−21.7
Q4 FY2023	Dec 31, 2023	3.0%	+10.3
Q3 FY2023	Sep 30, 2023	11.1%	+68.5
Q2 FY2023	Jun 30, 2023	6.8%	+28.0
Q1 FY2023	Mar 31, 2023	5.0%	+23.7
Q4 FY2022	Dec 31, 2022	-7.3%	+1.1
Q3 FY2022	Sep 30, 2022	-57.4%	−42.2
Q2 FY2022	Jun 30, 2022	-21.2%	−53.2
Q1 FY2022	Mar 31, 2022	-18.7%	−18.9
Q4 FY2021	Dec 31, 2021	-8.4%	+2.5
Q3 FY2021	Sep 30, 2021	-15.2%	−20.0
Q2 FY2021	Jun 30, 2021	32.0%	+34.7
Q1 FY2021	Mar 31, 2021	0.2%	−21.4
Q4 FY2020	Dec 31, 2020	-10.9%	–
Q3 FY2020	Sep 30, 2020	4.8%	–
Q2 FY2020	Jun 30, 2020	-2.7%	–
Q1 FY2020	Mar 31, 2020	21.6%	–