FTC Solar, Inc. Quarterly Operating Margin in % from Q4 2020 to Q3 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
FTC Solar, Inc. quarterly/annual Operating Margin history and growth rate from Q4 2020 to Q3 2024.
  • FTC Solar, Inc. Operating Margin for the quarter ending September 30, 2024 was -89.2 %, a 96.8% decline year-over-year.
  • FTC Solar, Inc. annual Operating Margin for 2023 was -40 %, a 50.6% increase from 2022.
  • FTC Solar, Inc. annual Operating Margin for 2022 was -80.9 %, a 72.6% decline from 2021.
  • FTC Solar, Inc. annual Operating Margin for 2021 was -46.9 %, a 419% decline from 2020.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q3 2024 -89.2 -43.9 -96.8% Jul 1, 2024 Sep 30, 2024
Q2 2024 -67.4 -7.7 -12.9% Apr 1, 2024 Jun 30, 2024
Q1 2024 -51.6 +22 +29.9% Jan 1, 2024 Mar 31, 2024
Q4 2023 -40 +40.9 +50.6% Oct 1, 2023 Dec 31, 2023
Q3 2023 -45.3 +6.7 +12.9% Jul 1, 2023 Sep 30, 2023
Q2 2023 -59.7 -17.5 -41.3% Apr 1, 2023 Jun 30, 2023
Q1 2023 -73.6 -16 -27.7% Jan 1, 2023 Mar 31, 2023
Q4 2022 -80.9 -34 -72.6% Oct 1, 2022 Dec 31, 2022
Q3 2022 -52 +1.81 +3.36% Jul 1, 2022 Sep 30, 2022
Q2 2022 -42.3 +0.69 +1.61% Apr 1, 2022 Jun 30, 2022
Q1 2022 -57.6 -45 -357% Jan 1, 2022 Mar 31, 2022
Q4 2021 -46.9 -37.8 -419% Oct 1, 2021 Dec 31, 2021
Q3 2021 -53.8 Jul 1, 2021 Sep 30, 2021
Q2 2021 -43 Apr 1, 2021 Jun 30, 2021
Q1 2021 -12.6 Jan 1, 2021 Mar 31, 2021
Q4 2020 -9.03 Oct 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.