FTC Solar (FRA:6YK0) Operating Margin %: -69.84% (As of Mar. 2026)


FRA:6YK0 FTC Solar Inc FRA:6YK0
59 GF Score
Price €4.32
GF Value €4.67
Valuation Modestly Undervalued
! 6 Warning Signs
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What is FTC Solar Operating Margin %?

FTC Solar FRA:6YK0 59 Operating Margin % is -69.84% as of Mar. 2026. GuruFocus rates FRA:6YK0 with a GF Score™ of 59/100 and a GF Value™ of €4.67 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,020 Semiconductors companies, FTC Solar ranks worse than 89.51% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. FTC Solar's Operating Income for the three months ended in Mar. 2026 was €-10.43 Mil. FTC Solar's Revenue for the three months ended in Mar. 2026 was €14.93 Mil. Therefore, FTC Solar's Operating Margin % for the quarter that ended in Mar. 2026 was -69.84%.

Warning Sign:

FTC Solar Inc operating margin has been in a 5-year decline. The average rate of decline per year is -28.4%.

The historical rank and industry rank for FTC Solar's Operating Margin % or its related term are showing as below:

FRA:6YK0' s Operating Margin % Range Over the Past 10 Years
Min: -111.56   Med: -39.98   Max: -9.03
Current: -38.4


FRA:6YK0's Operating Margin % is ranked worse than
89.51% of 1020 companies
in the Semiconductors industry
Industry Median: 5.295 vs FRA:6YK0: -38.40

FTC Solar's 5-Year Average Operating Margin % Growth Rate was -28.40% per year.

FTC Solar's Operating Income for the three months ended in Mar. 2026 was €-10.43 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €-31.80 Mil.


FTC Solar  (FRA:6YK0) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


FTC Solar Operating Margin % Related Terms


FTC Solar Operating Margin % Historical Data

* Premium members only.

The historical data trend for FTC Solar's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

FTC Solar Operating Margin % Chart

FTC Solar Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial -46.87 -80.91 -39.98 -111.56 -35.53

FTC Solar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -50.76 -57.52 -29.60 -17.22 -69.84

FRA:6YK0 vs SPWR, PN, SPRU: Operating Margin % Comparison

For the Solar subindustry, FTC Solar's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FTC Solar Operating Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, FTC Solar's Operating Margin % distribution charts can be found below:

* The bar in red indicates where FTC Solar's Operating Margin % falls into.


FRA:6YK0
59GF Score
FTC Solar Inc FRA:6YK0
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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FTC Solar Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

FTC Solar's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-30.251 / 85.133
=-35.53 %

FTC Solar's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-10.43 / 14.934
=-69.84 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of -69.84% mean?
FTC Solar (FRA:6YK0) has a Operating Margin % of -69.84% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on FTC Solar and its competitors. According to the industry distribution chart, FTC Solar ranks #913 out of 1020 companies in the Semiconductors industry, placing it in the top 89.5%.
Is FTC Solar's Operating Margin % too high?
FTC Solar's current Operating Margin % is -69.84%. Based on the distribution chart, FTC Solar ranks #913 out of 1020 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, FTC Solar has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FTC Solar's Operating Margin % compare to SPWR and PN?
According to the Semiconductors industry distribution chart, FTC Solar ranks #913 out of 1020 companies for Operating Margin %. This places FTC Solar in the lower half of its industry. The industry median Operating Margin % is 5.30. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Semiconductors company?
The median Operating Margin % among Semiconductors companies is 5.30, based on 1,020 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on FTC Solar and its competitors. For the Semiconductors industry, the median Operating Margin % is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FTC Solar's current Operating Margin % is -69.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FTC Solar stock overvalued right now?
Based on GuruFocus' analysis, FTC Solar (FRA:6YK0) is currently considered Modestly Undervalued. The stock's GF Value™ is €4.67, compared to a current price of €4.32 — trading 7.5% below its estimated fair value. The current Operating Margin % is -69.84%. FTC Solar's overall GF Score™ is 59/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For FTC Solar (FRA:6YK0), the current Operating Margin % is -69.84% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is FTC Solar (FRA:6YK0) Overvalued in 2026?

Based on GuruFocus' analysis, FTC Solar stock appears to be undervalued. The current stock price of €4.32 is trading 7.5% below its estimated GF Value™ of €4.67. GuruFocus considers FTC Solar to be Modestly Undervalued.

Key valuation signals for FRA:6YK0:

  • Operating Margin %: -69.84%
  • GF Value™: €4.67 vs. price of €4.32 (7.5% below fair value)
  • GF Score™: 59/100 with 6 warning signs

No single metric tells the full story. See the FRA:6YK0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FTC Solar Business Description

Other Exchanges FTCI:USA
Address 10900 Stonelake Boulevard, Suite 100, Quarry Oaks II Building, Austin, TX, USA, 78759
FTC Solar Inc is a provider of solar tracker systems, supported by proprietary software and value-added engineering services. The company's Solar tracker systems move solar panels throughout the day to maintain an optimal orientation relative to the sun, thereby increasing the amount of solar energy produced at a solar installation. It focuses on providing differentiated products, software, and services that maximize energy generation. The company has launched a new mounting solution to support the installation and use of U.S.-manufactured thin-film modules by project owners. The only segment the company is engaged in is the Manufacturing and Servicing of Solar tracker systems.
59GF Score

Get the complete analysis for FRA:6YK0

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.32
Price
€4.67
GF Value