FTC Solar, Inc.FTCINASDAQ
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R&D Expenses Over TimeContracting
Percentile Rank17
3Y CAGR-23.9%
5Y CAGR-3.4%
Year-over-Year Change
Research and development spending
3Y CAGR
-23.9%/yr
Annual compound
5Y CAGR
-3.4%/yr
Recent deceleration
Percentile
P17
Within normal range
vs 5Y Ago
0.8x
Contraction
Streak
4 yr
Consecutive declineContracting
| Period | Value | YoY Change |
|---|---|---|
| TTM | $4.39M | -25.8% |
| 2024 | $5.92M | -17.5% |
| 2023 | $7.17M | -28.0% |
| 2022 | $9.95M | -13.8% |
| 2021 | $11.54M | +121.0% |
| 2020 | $5.22M | +31.9% |
| 2019 | $3.96M | - |