FTCI - Company ID 0001828161
The table below shows FTC Solar, Inc.'s income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
| Line item | Q1 2026 | Q3 2025 | Q2 2025 | Q1 2025 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|---|---|
| Revenue | $17.27M | $26.03M | $19.99M | $20.80M | $10.14M | $11.43M |
| Cost of revenue | $18.49M | $24.44M | $23.91M | $24.25M | $14.44M | $13.77M |
| Gross profit | -$1.23M | $1.59M | -$3.92M | -$3.45M | -$4.31M | -$2.34M |
| R&D | $1.12M | $1.23M | $1.13M | $924.00K | $1.47M |
FTC Solar, Inc. reported annual revenue of $99.69M for fiscal year 2025. That is up 110.5% from $47.35M in fiscal 2024. Over the 7 fiscal years shown, annual revenue grew from $53.12M (FY 2019) to $99.69M. Figures come from the company's audited annual reports as filed with the SEC.
Data parsed from SEC EDGAR XBRL filings. See the full market cap rankings.
| $1.53M |
| SG&A | $8.00M | $6.40M | $5.16M | $5.05M | $6.80M | $6.01M |
| Operating income | -$12.06M | -$7.71M | -$11.50M | -$10.56M | -$14.98M | -$11.92M |
| Income tax | $195.00K | $44.00K | $39.00K | $254.00K | $244.00K | $65.00K |
| Net income | $32.60M | -$23.94M | -$15.43M | -$3.82M | -$15.36M | -$12.24M |
| EPS (diluted) | -$0.72 | -$1.61 | -$1.18 | -$0.58 | -$1.21 | -$0.97 |