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
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −79.8% | −35.5% | −0.9% |
| FY2024 | n/a | n/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
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating 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 FY24 | n/a | n/a | n/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.
| Company | Profit margin |
|---|---|
| FTCIFTC Solar | −53.6% |
| MSGMMotorsport Games | 16.2% |
| FIEEFiEE | n/m |
| NSYSNortech Systems | 0.8% |
| IDNIntellicheck | 13.0% |
| TZOOTravelzoo | 0.5% |
| OPXSOptex Systems | 9.8% |
| WFCFWhere Food Comes From | 5.8% |
| RFILR F Industries | 2.8% |
| CCLDCareCloud | 6.2% |
| FATNFatpipe | n/m |
| Peer median | 6.0% |
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.