FTC Solar, Inc. (FTCI)
NASDAQ: FTCI · Real-Time Price · USD
4.160
-1.250 (-23.11%)
At close: Mar 6, 2026, 4:00 PM EST
4.280
+0.120 (2.88%)
After-hours: Mar 6, 2026, 6:31 PM EST
FTC Solar Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2019 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2019 |
| Revenue | 99.69 | 47.36 | 127 | 123.07 | 270.53 | Upgrade
|
| Revenue Growth (YoY) | 110.51% | -62.71% | 3.20% | -54.51% | 44.39% | Upgrade
|
| Cost of Revenue | 98.56 | 59.88 | 118.44 | 150.15 | 303.07 | Upgrade
|
| Gross Profit | 1.13 | -12.52 | 8.56 | -27.08 | -32.55 | Upgrade
|
| Selling, General & Admin | 30.16 | 33.88 | 47.94 | 62.26 | 82.76 | Upgrade
|
| Research & Development | 4.39 | 5.79 | 6.97 | 9.79 | 11.5 | Upgrade
|
| Operating Expenses | 34.54 | 39.67 | 54.91 | 72.05 | 94.26 | Upgrade
|
| Operating Income | -33.42 | -52.19 | -46.36 | -99.13 | -126.8 | Upgrade
|
| Interest Expense | -7.56 | -0.62 | -1.25 | -1.38 | -0.81 | Upgrade
|
| Interest & Investment Income | 0.02 | 0.3 | 1 | 0.4 | - | Upgrade
|
| Other Non Operating Income (Expenses) | -40.55 | -3.85 | -0.26 | -0.37 | -0.07 | Upgrade
|
| EBT Excluding Unusual Items | -81.5 | -56.37 | -46.87 | -100.48 | -127.69 | Upgrade
|
| Merger & Restructuring Charges | - | -0.64 | -4.42 | -0.44 | - | Upgrade
|
| Gain (Loss) on Sale of Investments | 3.2 | 8.81 | 1.32 | 1.75 | 20.83 | Upgrade
|
| Gain (Loss) on Sale of Assets | 0.14 | 0.91 | - | - | - | Upgrade
|
| Other Unusual Items | 0.2 | - | - | - | 0.79 | Upgrade
|
| Pretax Income | -77.95 | -47.29 | -49.97 | -99.18 | -106.07 | Upgrade
|
| Income Tax Expense | 0.53 | 0.23 | -0.34 | 0.44 | 0.17 | Upgrade
|
| Earnings From Continuing Operations | -78.47 | -47.52 | -49.63 | -99.61 | -106.24 | Upgrade
|
| Minority Interest in Earnings | 1.55 | -1.09 | -0.66 | - | -0.35 | Upgrade
|
| Net Income | -76.92 | -48.61 | -50.29 | -99.61 | -106.59 | Upgrade
|
| Net Income to Common | -76.92 | -48.61 | -50.29 | -99.61 | -106.59 | Upgrade
|
| Shares Outstanding (Basic) | 14 | 13 | 12 | 10 | 9 | Upgrade
|
| Shares Outstanding (Diluted) | 14 | 13 | 12 | 10 | 9 | Upgrade
|
| Shares Change (YoY) | 10.54% | 9.70% | 13.94% | 17.86% | 25.04% | Upgrade
|
| EPS (Basic) | -5.49 | -3.83 | -4.35 | -9.82 | -12.39 | Upgrade
|
| EPS (Diluted) | -5.49 | -3.83 | -4.35 | -9.82 | -12.40 | Upgrade
|
| Free Cash Flow | -34.57 | -36.34 | -53.47 | -55.5 | -133.88 | Upgrade
|
| Free Cash Flow Per Share | -2.47 | -2.87 | -4.63 | -5.47 | -15.56 | Upgrade
|
| Gross Margin | 1.13% | -26.45% | 6.74% | -22.01% | -12.03% | Upgrade
|
| Operating Margin | -33.52% | -110.21% | -36.50% | -80.55% | -46.87% | Upgrade
|
| Profit Margin | -77.16% | -102.64% | -39.60% | -80.94% | -39.40% | Upgrade
|
| Free Cash Flow Margin | -34.68% | -76.75% | -42.10% | -45.09% | -49.49% | Upgrade
|
| EBITDA | -32.14 | -51.27 | -45.65 | -98.62 | -126.63 | Upgrade
|
| EBITDA Margin | -32.24% | -108.26% | -35.94% | -80.13% | -46.81% | Upgrade
|
| D&A For EBITDA | 1.28 | 0.92 | 0.71 | 0.52 | 0.17 | Upgrade
|
| EBIT | -33.42 | -52.19 | -46.36 | -99.13 | -126.8 | Upgrade
|
| EBIT Margin | -33.52% | -110.21% | -36.50% | -80.55% | -46.87% | Upgrade
|
| Revenue as Reported | 99.69 | 47.36 | 127 | 123.07 | 270.53 | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.