FTC Solar FTCI Service — Cost of Goods Sold

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Questions, answered.

What is FTC Solar's service — cost of goods sold?

FTC Solar (FTCI) reported service — cost of goods sold of $4.68M in Q1 2026.

How has FTC Solar's service — cost of goods sold changed year-over-year?

FTC Solar's service — cost of goods sold increased by 13.2% year-over-year, from $4.14M to $4.68M.

What is the long-term trend for FTC Solar's service — cost of goods sold?

Over 4 years (2021 to 2025), FTC Solar's service — cost of goods sold has grown at a -21.6% compound annual growth rate (CAGR), from $63.92M to $24.17M.

What does service — cost of goods sold mean?

This metric reflects the direct costs incurred to deliver the services provided by the company, including labor, technical support resources, and direct service-related overhead. It serves as a key indicator of the operational efficiency and profitability margins associated with the service segment. Tracking this cost relative to service revenue allows for the evaluation of the scalability and cost-effectiveness of the company's service delivery model.