FTC Solar Inc (NASDAQ:FTCI) — Market Cap & Net Worth
Market Cap & Net Worth: FTC Solar Inc (FTCI)
FTC Solar Inc (NASDAQ:FTCI) has a market capitalization of $44.01 Million ($44.01 Million) as of August 3, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #22316 globally and #4882 in its home market, demonstrating a -20.52% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying FTC Solar Inc's stock price $2.75 by its total outstanding shares 16005294 (16.01 Million). See FTC Solar Inc (FTCI) reinvestment ratio to understand how much of operating cash flow is reinvested back into capital assets.
FTC Solar Inc Market Cap History: 2021 to 2026
FTC Solar Inc's market capitalization history from 2021 to 2026. Data shows change from $121.00 Million to $44.01 Million (-26.87% CAGR).
Index Memberships
FTC Solar Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$40.26 Trillion | 0.00% | #2126 of 3165 |
Weight: FTC Solar Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
FTC Solar Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how FTC Solar Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.75x
FTC Solar Inc's market cap is 1.75 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $121.00 Million | $270.52 Million | -$106.59 Million | 0.45x | N/A |
| 2022 | $42.89 Million | $123.07 Million | -$99.61 Million | 0.35x | N/A |
| 2023 | $11.09 Million | $127.00 Million | -$50.29 Million | 0.09x | N/A |
| 2024 | $88.19 Million | $47.35 Million | -$48.61 Million | 1.86x | N/A |
| 2025 | $174.62 Million | $99.69 Million | -$76.92 Million | 1.75x | N/A |
Competitor Companies of FTCI by Market Capitalization
Companies near FTC Solar Inc in the global market cap rankings as of August 3, 2026.
Key companies related to FTC Solar Inc by market ranking:
- First Solar Inc (NASDAQ:FSLR): Ranked #1144 globally with a market cap of $22.68 Billion USD.
- Nextracker Inc. Class A Common Stock (NASDAQ:NXT): Ranked #1774 globally with a market cap of $13.34 Billion USD.
- Waaree Energies Limited (NSE:WAAREEENER): Ranked #2521 globally with a market cap of $8.34 Billion USD ( Rs770.96 Billion INR).
- Tongwei Co Ltd (SHG:600438): Ranked #2653 globally with a market cap of $7.69 Billion USD ( CN¥52.58 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1144 | First Solar Inc | NASDAQ:FSLR | $22.68 Billion | $211.03 |
| #1774 | Nextracker Inc. Class A Common Stock | NASDAQ:NXT | $13.34 Billion | $89.87 |
| #2521 | Waaree Energies Limited | NSE:WAAREEENER | $8.34 Billion | Rs2680.20 |
| #2653 | Tongwei Co Ltd | SHG:600438 | $7.69 Billion | CN¥11.68 |
FTC Solar Inc Historical Marketcap From 2021 to 2026
Between 2021 and today, FTC Solar Inc's market cap moved from $121.00 Million to $ 44.01 Million, with a yearly change of -26.87%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $44.01 Million | -74.79% |
| 2025 | $174.62 Million | +98.00% |
| 2024 | $88.19 Million | +695.09% |
| 2023 | $11.09 Million | -74.14% |
| 2022 | $42.89 Million | -64.55% |
| 2021 | $121.00 Million | -- |
End of Day Market Cap According to Different Sources
On Aug 2nd, 2026 the market cap of FTC Solar Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $44.01 Million USD |
| MoneyControl | $44.01 Million USD |
| MarketWatch | $44.01 Million USD |
| marketcap.company | $44.01 Million USD |
| Reuters | $44.01 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About FTC Solar Inc
FTC Solar, Inc. engages in the manufacture and service of solar tracker systems in the United States, Asia, Europe, the Middle East, North Africa, South Africa, and Australia. The company provides a two modules-in-portrait solar tracker system under the Voyager brand name; and a one module-in-portrait solar tracker solution under the Pioneer brand name. It also offers trackers and software soluti… Read more