FTC Solar annual r&d spending
2019
2020
2021
2022
2023
2024
2025
FTC Solar R&D Spending Growth & History (FTCI)
FTC Solar's r&d spending was $4.4M for fiscal 2025.
View full FTC Solar company overviewFTC Solar annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.4M | −$1.5M | −25.83% |
| 2024 | 2024-12-31 | $5.9M | −$1.3M | −17.46% |
| 2023 | 2023-12-31 | $7.2M | −$2.8M | −27.97% |
| 2022 | 2022-12-31 | $9.9M | −$1.6M | −13.79% |
| 2021 | 2021-12-31 | $11.5M | $6.3M | +120.99% |
| 2020 | 2020-12-31 | $5.2M | $1.3M | +31.87% |
| 2019 | 2019-12-31 | $4.0M | — | — |
FTC Solar quarterly r&d spending
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 | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.2M | $80,000 | +7.09% |
| Q1 2026 | 2026-03-31 | $1.1M | $194,000 | +21.00% |
| Q4 2025 | 2025-12-31 | $1.1M | −$368,000 | −24.97% |
| Q3 2025 | 2025-09-30 | $1.2M | −$239,000 | −16.29% |
| Q2 2025 | 2025-06-30 | $1.1M | −$406,000 | −26.45% |
| Q1 2025 | 2025-03-31 | $924,000 | −$515,000 | −35.79% |
| Q4 2024 | 2024-12-31 | $1.5M | $24,000 | +1.66% |
| Q3 2024 | 2024-09-30 | $1.5M | −$454,000 | −23.63% |
| Q2 2024 | 2024-06-30 | $1.5M | −$338,000 | −18.05% |
| Q1 2024 | 2024-03-31 | $1.4M | −$483,000 | −25.13% |
| Q4 2023 | 2023-12-31 | $1.4M | −$961,000 | −39.86% |
| Q3 2023 | 2023-09-30 | $1.9M | −$205,000 | −9.64% |
| Q2 2023 | 2023-06-30 | $1.9M | −$838,000 | −30.91% |
| Q1 2023 | 2023-03-31 | $1.9M | −$779,000 | −28.84% |
| Q4 2022 | 2022-12-31 | $2.4M | $524,000 | +27.77% |
| Q3 2022 | 2022-09-30 | $2.1M | $10,000 | +0.47% |
| Q2 2022 | 2022-06-30 | $2.7M | −$2.9M | −51.44% |
| Q1 2022 | 2022-03-31 | $2.7M | $747,000 | +38.23% |
| Q4 2021 | 2021-12-31 | $1.9M | $712,000 | +60.60% |
| Q3 2021 | 2021-09-30 | $2.1M | $678,000 | +47.15% |
| Q2 2021 | 2021-06-30 | $5.6M | $4.1M | +268.51% |
| Q1 2021 | 2021-03-31 | $2.0M | $860,000 | +78.61% |
| Q4 2020 | 2020-12-31 | $1.2M | — | — |
| Q3 2020 | 2020-09-30 | $1.4M | — | — |
| Q2 2020 | 2020-06-30 | $1.5M | — | — |
| Q1 2020 | 2020-03-31 | $1.1M | — | — |
FTC Solar r&d spending trends
Over the last five fiscal years, FTC Solar's r&d spending decreased from $5.2M to $4.4M, a change of −$835,000. The latest reported quarter, Q2 2026, shows $1.2M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review FTC Solar source filings ↗