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FTC Solar FTCI Provision for warranty

Provision for warranty at other companies

Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
$527K+105%

Other financials

Income statement

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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

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Cash & equivalents$5.6M-4.6%
Total debt$23.4M+110%
Total equity-$6.1M-140%
Total assets$97.8M+16.4%

Cash flow

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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

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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

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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:ProductWarrantyExpense.

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 provision for warranty?
FTC Solar (FTCI) reported provision for warranty of $438K in Q1 2026.
How has FTC Solar's provision for warranty changed year-over-year?
FTC Solar's provision for warranty decreased by 58.1% year-over-year, from $1.05M to $438K.
What is the long-term trend for FTC Solar's provision for warranty?
Over 4 years (2021 to 2025), FTC Solar's provision for warranty has grown at a -22.2% compound annual growth rate (CAGR), from $8.59M to $3.14M.
What does provision for warranty mean?
This reflects the estimated costs the company expects to incur for repairing or replacing products under warranty during the coverage period. It serves as a proxy for product quality and long-term reliability. A rising trend in this expense may signal potential manufacturing defects or increased future liabilities.