What is FTC Solar's goodwill?

FTC Solar (FTCI) reported goodwill of $7.53M in Q1 2026.

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

FTC Solar's goodwill increased by 4.9% year-over-year, from $7.17M to $7.53M.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

FTC Solar FTCI Goodwill

Goodwill at other companies

Array Technologies, Inc.ARRY

$135.17M-17.7%

Nextpower Inc. NXT

$488.95M+31.8%

Shoals Technologies Group, Inc.SHLS

$69.94M0.0%

SolarEdge TechnologiesSEDG

$49.85M+2.5%

First SolarFSLR

$30.58M+2.9%

Solaris Energy InfrastructureSEI

$105.37M+1.3%

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

See full

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

Reported directly by FTC Solar in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

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 goodwill?: FTC Solar (FTCI) reported goodwill of $7.53M in Q1 2026.
How has FTC Solar's goodwill changed year-over-year?: FTC Solar's goodwill increased by 4.9% year-over-year, from $7.17M to $7.53M.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.