FTC Solar FTCI Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | -38.4%-2.9pp | -35.5%+18.4pp | -54%+24.7pp | -78.7%+12.9pp | -91.6%+20.0pp | |
| Net margin | -44.9%+34.9pp | -79.8%-10.6pp | -69.3%+3.8pp | -73%+5.5pp | -78.6%+24.1pp | |
| Returns | ||||||
| Return on invested capital | -228%— | —— | —— | -191.2%-31.1pp | -160.2%+23.5pp | |
| Efficiency | ||||||
| Asset turnover | 1.1×+0.1× | 1×+0.2× | 0.8×+0.1× | 0.7×+0.1× | 0.6×+0.1× | |
| Liquidity | ||||||
| Current ratio | 1.3×-0.1× | 1.4×-0.2× | 1.7×+0.5× | 1.2×-0.2× | 1.4×-0.2× | |
| Per Share | ||||||
| Book value per share | -$0.27+91.0% | -$3.07-233% | -$0.92-234% | $0.69-35.1% | $1.06-29.1% | |
| Valuation | ||||||
| Market capitalization | $81.31M+38.1% | $163M+55.4% | $104.87M+76.5% | $59.4M+61.0% | $36.89M-47.6% | |
| Price / sales | 0.9×-0.1× | 1.6×+0.3× | 1.3×+0.4× | 0.9×+0.3× | 0.7×-0.8× |
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.
