What is FTC Solar's EBITDA?

FTC Solar (FTCI) reported EBITDA of -$11.69M in Q1 2026.

How has FTC Solar's EBITDA changed year-over-year?

FTC Solar's EBITDA decreased by 14.0% year-over-year, from -$10.26M to -$11.69M.

What is the long-term trend for FTC Solar's EBITDA?

Over 4 years (2021 to 2025), FTC Solar's EBITDA has grown at a -27.9% compound annual growth rate (CAGR), from -$126.57M to -$34.15M.

What does EBITDA mean?

Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.

FTC Solar FTCI EBITDA

EBITDA at other companies

Array Technologies, Inc.ARRY

$15.19M-53.5%

Shoals Technologies Group, Inc.SHLS

$11.82M+55.5%

SolarEdge TechnologiesSEDG

-$49.1M+45.9%

SunrunRUN

$146.05M+166%

StemSTEM

-$3.73M+63.2%

Nextpower Inc. NXT

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Other financials

Income statement

See full

Revenue$17.3M-17.0%

Gross profit-$1.2M+64.4%

Operating income-$12.1M-14.2%

Net income$32.6M+954%

EPS (diluted)-$0.72-24.1%

Balance sheet

See full

Cash & equivalents$5.6M-4.6%

Total debt$23.4M+110%

Total equity-$6.1M-140%

Total assets$97.8M+16.4%

Cash flow

See full

Operating cash flow-$12.8M-50.6%

CapEx$276.0K+233%

Free cash flow-$13.0M-52.3%

Valuation

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Market cap$81.31M+35.9%

Enterprise value$99.09M+45.6%

P/S0.9×-0.1×

Profitability

See full

Gross margin-12%-1.5pp

Operating margin-38.4%-14.1pp

Net margin-44.9%-13.5pp

FCF margin-40.6%-9.6pp

Returns & leverage

See full

Return on equity-175.8%-1,003pp

Debt / equity1.3×+1.3×

Current ratio1.3×-0.1×

Where this comes from

Calculated from FTC Solar’s reported figures.

−$12.1Mebit+

$365.0KDepreciation Depletion & Amortization

=-$11.69M

The official record: FTC Solar’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FTC Solar's EBITDA?: FTC Solar (FTCI) reported EBITDA of -$11.69M in Q1 2026.
How has FTC Solar's EBITDA changed year-over-year?: FTC Solar's EBITDA decreased by 14.0% year-over-year, from -$10.26M to -$11.69M.
What is the long-term trend for FTC Solar's EBITDA?: Over 4 years (2021 to 2025), FTC Solar's EBITDA has grown at a -27.9% compound annual growth rate (CAGR), from -$126.57M to -$34.15M.
What does EBITDA mean?: Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.