FTC Solar annual operating margin
2019
2020
2021
2022
2023
2024
2025
FTC Solar Operating Margin Growth & History (FTCI)
FTC Solar's operating margin was −35.53% for fiscal 2025.
View full FTC Solar company overviewFTC Solar annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −35.53% | +76.03 pp |
| 2024 | 2024-12-31 | −111.56% | −71.58 pp |
| 2023 | 2023-12-31 | −39.98% | +40.93 pp |
| 2022 | 2022-12-31 | −80.91% | −34.04 pp |
| 2021 | 2021-12-31 | −46.87% | −37.84 pp |
| 2020 | 2020-12-31 | −9.03% | +14.25 pp |
| 2019 | 2019-12-31 | −23.29% | — |
FTC Solar quarterly operating margin
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −52.48% | +5.04 pp |
| Q1 2026 | 2026-03-31 | −69.84% | −19.08 pp |
| Q4 2025 | 2025-12-31 | −17.22% | +84.49 pp |
| Q3 2025 | 2025-09-30 | −29.60% | +118.15 pp |
| Q2 2025 | 2025-06-30 | −57.52% | +46.81 pp |
| Q1 2025 | 2025-03-31 | −50.76% | +48.56 pp |
| Q4 2024 | 2024-12-31 | −101.71% | −51.13 pp |
| Q3 2024 | 2024-09-30 | −147.75% | −94.47 pp |
| Q2 2024 | 2024-06-30 | −104.32% | −72.28 pp |
| Q1 2024 | 2024-03-31 | −99.32% | −69.01 pp |
| Q4 2023 | 2023-12-31 | −50.58% | +25.16 pp |
| Q3 2023 | 2023-09-30 | −53.28% | +107.80 pp |
| Q2 2023 | 2023-06-30 | −32.04% | +50.12 pp |
| Q1 2023 | 2023-03-31 | −30.31% | +25.74 pp |
| Q4 2022 | 2022-12-31 | −75.75% | −52.60 pp |
| Q3 2022 | 2022-09-30 | −161.08% | −118.11 pp |
| Q2 2022 | 2022-06-30 | −82.16% | +62.48 pp |
| Q1 2022 | 2022-03-31 | −56.06% | −43.85 pp |
| Q4 2021 | 2021-12-31 | −23.14% | +2.52 pp |
| Q3 2021 | 2021-09-30 | −42.97% | −38.74 pp |
| Q2 2021 | 2021-06-30 | −144.63% | −132.99 pp |
| Q1 2021 | 2021-03-31 | −12.20% | −21.15 pp |
| Q4 2020 | 2020-12-31 | −25.67% | — |
| Q3 2020 | 2020-09-30 | −4.23% | — |
| Q2 2020 | 2020-06-30 | −11.65% | — |
| Q1 2020 | 2020-03-31 | 8.94% | — |
FTC Solar operating margin trends
Over the last five reported fiscal years, FTC Solar's operating margin decreased from −9.03% to −35.53%, a change of −26.50 percentage points. The latest reported quarter, Q2 2026, shows −52.48%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review FTC Solar filings at SEC.gov ↗