FTC Solar, Inc.
FTCINASDAQEnergy● Active
$4.66
$-0.09(-1.89%)
Market Cap$74584670
P/E Ratio—
52W High$12.75
52W Low$3.205
FTC Solar, Inc. (FTCI) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · FTCI · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $99.69M | $47.35M | $127.00M | $123.07M | $270.52M |
| Cost of Revenue | $98.56M | $59.95M | $118.69M | $150.29M | $303.07M |
| Gross Profit | $1.13M | ($12.59M) | $8.31M | ($27.23M) | ($32.55M) |
| Gross Margin %(computed) | 1.13% | -26.59% | 6.54% | -22.12% | -12.03% |
| Operating Expenses | |||||
| R&D Expenses | $4.39M | $5.92M | $7.17M | $9.95M | $11.54M |
| G&A Expenses | $23.95M | $25.44M | $37.11M | $53.74M | $75.90M |
| Total Operating Expenses | $34.54M | $40.24M | $59.08M | $72.34M | $94.26M |
| Operating Income | ($33.41M) | ($52.83M) | ($50.78M) | ($99.57M) | ($126.80M) |
| Operating Margin %(computed) | -33.52% | -111.56% | -39.98% | -80.91% | -46.87% |
| Interest Income | $0.02M | $0.00M | $0.00M | $0.00M | $0.00M |
| Interest Expense | $7.56M | $0.32M | $0.25M | $0.98M | $0.81M |
| Income Before Tax | ($76.40M) | ($48.38M) | ($50.63M) | ($99.18M) | ($106.42M) |
| Income Tax Expense | $0.53M | $0.23M | ($0.34M) | $0.43M | $0.17M |
| Net Income | ($76.92M) | ($48.61M) | ($50.29M) | ($99.61M) | ($106.59M) |
| Net Margin %(computed) | -77.16% | -102.64% | -39.60% | -80.94% | -39.40% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $-5.49 | $-3.83 | $-4.35 | $-9.82 | $-12.39 |
| Wtd Avg Shares | 14.01M | 12.68M | 11.55M | 10.14M | 8.60M |
| EBITDA | ($32.14M) | ($46.39M) | ($49.00M) | ($97.30M) | ($105.37M) |
| EBITDA Margin %(computed) | -32.24% | -97.95% | -38.58% | -79.06% | -38.95% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · M
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About FTC Solar, Inc. (FTCI) Income Statement
FTC Solar, Inc. (FTCI) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, FTCI reported revenue of $0.10B, gross profit of $0.00B (gross margin 1.13%), and net income of ($0.08B) — a net profit margin of -77.16%.
Frequently asked questions
FTCI · 4 questionsFTC Solar, Inc. (FTCI) reported revenue of $0.10B for 2025, up 110.5% year-over-year.
FTCI revenueFTCI salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08