What is FTC Solar's PP&E (net)?

FTC Solar (FTCI) reported PP&E (net) of $3.72M in Q1 2026.

How has FTC Solar's PP&E (net) changed year-over-year?

FTC Solar's PP&E (net) increased by 90.7% year-over-year, from $1.95M to $3.72M.

What is the long-term trend for FTC Solar's PP&E (net)?

Over 5 years (2020 to 2025), FTC Solar's PP&E (net) has grown at a 64.9% compound annual growth rate (CAGR), from $311K to $3.79M.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

FTC Solar FTCI PP&E (Net)

PP&E (Net) at other companies

Array Technologies, Inc.ARRY

$62.14M+116%

Nextpower Inc. NXT

$78.36M+29.7%

Shoals Technologies Group, Inc.SHLS

$59.07M+96.6%

SolarEdge TechnologiesSEDG

$264.97M-22.0%

SunrunRUN

$66.61M-39.0%

StemSTEM

$36.24M-34.8%

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+38.1%

Enterprise value$99.09M+47.5%

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:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: FTC Solar (FTCI) reported PP&E (net) of $3.72M in Q1 2026.
How has FTC Solar's PP&E (net) changed year-over-year?: FTC Solar's PP&E (net) increased by 90.7% year-over-year, from $1.95M to $3.72M.
What is the long-term trend for FTC Solar's PP&E (net)?: Over 5 years (2020 to 2025), FTC Solar's PP&E (net) has grown at a 64.9% compound annual growth rate (CAGR), from $311K to $3.79M.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.