Superworth

FTC Solar profit margin FTCI

Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.

Net margin, 12 months
−53.6%
Operating margin, 12 months
−38.3%
Net margin on a year earlier
+19.4 pts
Peer median
6.0%

Over the twelve months to Jun 30, 2026, FTC Solar kept −53.6% of its revenue as net profit, with an operating margin of −38.3% and a gross margin of 3.0%.

Five years earlier its net margin was −32.9%.

The median for 10 technology stocks of a similar size is 6.0%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−79.8%−35.5%−0.9%
FY2024n/an/a−26.6%
FY2023−39.6%−40.0%6.5%
FY2022−80.9%−80.9%−22.1%
FY2021−39.4%−46.9%−0.2%
FY2020−8.5%−9.0%1.9%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−53.6%+19.4 pts−38.3%
Q1 FY26−44.9%+33.7 pts−38.4%
Q4 FY25−79.8%n/a−35.5%
Q3 FY25−69.3%+13.6 pts−54.0%
Q2 FY25−73.0%−9.9 pts−78.7%
Q1 FY25−78.6%−30.6 pts−91.6%
Q4 FY24n/an/an/a
Q3 FY24−82.9%−37.1 pts−89.2%
Q2 FY24−63.2%−4.3 pts−67.4%
Q1 FY24−47.9%+25.1 pts−51.6%
Q4 FY23−39.6%+41.3 pts−40.0%
Q3 FY23−45.8%+6.0 pts−45.3%

Against its peers

Companies in Technology nearest FTC Solar's size, closest first, today.

Where FTC Solar ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on FTC Solar

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.