What is FTC Solar's provision for inventory obsolescence?

FTC Solar (FTCI) reported provision for inventory obsolescence of $194K in Q1 2026.

What does provision for inventory obsolescence mean?

This represents the accounting charge taken to write down the value of inventory that is no longer expected to be sold at its original cost due to technological shifts or product lifecycle changes. It serves as a critical indicator of inventory management efficiency and the risk of product obsolescence. High provisions suggest potential challenges in aligning product supply with market demand.

FTC Solar FTCI Provision For Inventory Obsolescence

Provision For Inventory Obsolescence at other companies

Bark, Inc.BARK

$764K+48.3%

Flotek IndustriesFTK

$396K+519%

Beta Bionics, Inc. Common StockBBNX

-$202K-196%

Axcelis TechnologiesACLS

$950K+8.6%

Outset Medical, Inc.OM

$95K+228%

Tempus AI, Inc.TEM

$225K—

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 ftci:ProvisionForInventoryObsolescence.

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

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What is FTC Solar's provision for inventory obsolescence?: FTC Solar (FTCI) reported provision for inventory obsolescence of $194K in Q1 2026.
What does provision for inventory obsolescence mean?: This represents the accounting charge taken to write down the value of inventory that is no longer expected to be sold at its original cost due to technological shifts or product lifecycle changes. It serves as a critical indicator of inventory management efficiency and the risk of product obsolescence. High provisions suggest potential challenges in aligning product supply with market demand.