FTC Solar FTCI Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | -38.4%+53.2pp | -35.5%+76.0pp | -54%+35.2pp | -78.7%-11.3pp | -91.6%-40.0pp | |
| Net margin | -44.9%+33.7pp | -79.8%+22.8pp | -69.3%+13.6pp | -73%-9.9pp | -78.6%-30.6pp | |
| Returns | ||||||
| Return on invested capital | -228%-67.8pp | —— | —— | -191.2%-65.3pp | -160.2%-18.8pp | |
| Efficiency | ||||||
| Asset turnover | 1.1×+0.5× | 1×+0.5× | 0.8×+0.3× | 0.7×0.0× | 0.6×-0.2× | |
| Liquidity | ||||||
| Current ratio | 1.3×-0.1× | 1.4×-0.1× | 1.7×+0.3× | 1.2×-0.5× | 1.4×-0.4× | |
| Per Share | ||||||
| Book value per share | -$0.27-126% | -$3.07-304% | -$0.92-139% | $0.69-80.3% | $1.06-75.8% | |
| Valuation | ||||||
| Market capitalization | $81.31M+38.1% | $163M+131% | $104.87M+21.0% | $59.4M+33.6% | $36.89M-45.5% | |
| Price / sales | 0.9×-0.1× | 1.6×+0.1× | 1.3×-0.2× | 0.9×+0.4× | 0.7×0.0× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are FTC Solar's profit margins?
- FTC Solar (FTCI) runs a -12.0% gross margin and a -38.4% operating margin, with a -44.9% net margin.
- Where do FTC Solar's ratios come from?
- Every ratio is computed from FTC Solar's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
