FTC Solar, Inc. (FTCI)
↓ Download CSV- Sector Manufacturing
- Incorporated DE
- Fiscal year ends Dec 31
In fiscal 2025, FTC Solar, Inc. reported revenue of $99.69M, up 110.5% from the prior year. The company ran a net loss, with a net margin of -79.8% and a gross margin of -0.9%. It held $111.81M in total assets against $154.77M in total liabilities.
Key ratios (FY2025)
-0.9%
Gross margin
-35.5%
Operating margin
-79.8%
Net margin
+110.5%
Revenue growth (YoY)
| Metric (FY) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $99.69M | $47.35M | $127.00M | $123.07M | $270.52M | $187.35M | $53.12M | — |
| Cost of Revenue | $100.57M | $59.95M | $118.69M | $150.29M | $303.07M | $183.71M | $55.08M | — |
| Gross Profit | -$880.0K | -$12.59M | $8.31M | -$27.23M | -$32.55M | $3.64M | -$1.95M | — |
| Operating Income | -$35.42M | -$52.83M | -$50.78M | -$99.57M | -$126.80M | -$16.93M | -$12.37M | — |
| Net Income | -$79.58M | -$48.61M | -$50.29M | -$99.61M | -$106.59M | -$15.92M | -$13.49M | — |
| EPS (Diluted) | $-5.68 | $-3.83 | $-4.35 | $-0.98 | $-1.24 | $-0.23 | $-0.22 | — |
| Total Assets | $111.81M | $89.93M | $123.07M | $134.40M | $243.02M | $71.39M | — | — |
| Total Liabilities | $154.77M | $70.89M | $60.60M | $67.95M | $100.15M | $63.94M | — | — |
| Shareholders' Equity | -$42.96M | $19.04M | $62.47M | $66.45M | $142.87M | $7.45M | -$8.45M | -$1.86M |
| Cash & Equivalents | $21.11M | $11.25M | $25.23M | $44.38M | $102.19M | $32.36M | $7.22M | — |
| Operating Cash Flow | -$33.44M | -$34.70M | -$52.66M | -$54.51M | -$132.85M | $629.0K | -$254.0K | — |
| Capital Expenditures | $1.13M | $1.65M | $816.0K | $985.0K | $1.02M | $256.0K | $18.0K | — |
| Shares Outstanding | 14.01M | 12.68M | 11.55M | 101.41M | 86.04M | 68.81M | 62.04M | — |