Compare
FTC Solar, Inc. vs AXT Inc vs Lightpath Technologies Inc vs Valens Semiconductor Ltd.
| Latest fiscal year | FTC Solar, Inc. FTCI | AXT Inc AXTI | Lightpath Technologies Inc LPTH | Valens Semiconductor Ltd. VLN |
|---|---|---|---|---|
| Year ended | 2025-12-31 | 2025-12-31 | 2026-06-30 | 2025-12-31 |
| Revenue | $99.69M | $88.33M | $71.72M | $70.62M |
| Revenue growth (YoY) | +110.5% | -11.1% | +92.8% | +22.1% |
| Gross margin | -0.9% | 12.7% | 36.0% | 62.4% |
| Operating margin | -35.5% | -24.9% | -27.4% | -48.2% |
| Net margin | -79.8% | -24.1% | -28.6% | -44.7% |
| Net income | -$79.58M | -$21.26M | -$20.55M | -$31.58M |
| EPS (Diluted) | -$5.68 | -$0.49 | -$0.38 | -$0.31 |
| Operating cash flow | -$33.44M | -$12.78M | -$10.23M | -$12.72M |
| Free cash flow | -$34.57M | -$18.78M | -$16.49M | -$13.79M |
| Cash & equivalents | $21.11M | $120.27M | $93.20M | $27.86M |
| Total assets | $111.81M | $433.75M | $194.01M | $134.70M |
| Total liabilities | $154.77M | $99.12M | $35.63M | $29.72M |
| Shareholders' equity | -$42.96M | $296.57M | $149.47M | $104.98M |
| Return on year-end equity | n/a | -7.2% | -13.7% | -30.1% |
| Shares outstanding | 15.54M | 55.34M | n/a | 103.05M |
Revenue, most recent five fiscal years
| Fiscal year | FTC Solar, Inc. | AXT Inc | Lightpath Technologies Inc | Valens Semiconductor Ltd. |
|---|---|---|---|---|
| Latest | $99.69M Ended 2025-12-31 | $88.33M Ended 2025-12-31 | $71.72M Ended 2026-06-30 | $70.62M Ended 2025-12-31 |
| 1 year earlier | $47.35M Ended 2024-12-31 | $99.36M Ended 2024-12-31 | $37.20M Ended 2025-06-30 | $57.86M Ended 2024-12-31 |
| 2 years earlier | $127.00M Ended 2023-12-31 | $75.80M Ended 2023-12-31 | $31.73M Ended 2024-06-30 | $84.16M Ended 2023-12-31 |
| 3 years earlier | $123.07M Ended 2022-12-31 | $141.12M Ended 2022-12-31 | $32.93M Ended 2023-06-30 | $90.72M Ended 2022-12-31 |
| 4 years earlier | $270.52M Ended 2021-12-31 | $137.39M Ended 2021-12-31 | $35.56M Ended 2022-06-30 | $70.68M Ended 2021-12-31 |