FTCI
FTC Solar, Inc.Company Information
- Company Name
- FTC Solar, Inc.
- CIK
- CIK0001828161
- Category
- Non-accelerated filer<br>Smaller reporting company<br>Emerging growth company
- Ticker: Exchange
- FTCI: Nasdaq
- Fiscal Year End
- December 31
- Owner Organization
- 04 Manufacturing
- SIC
- 3674
- SIC Description
- Semiconductors & Related Devices
- Ticker
- FTCI
SEC filing data through
Insider Sentiment
- Last purchase
- 2026-08-28
- Last sale
- 2025-12-30
- Shares purchased (TTM)
- 248,614
- Shares sold (TTM)
- 142,660
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 1,385,352
- Shares outstanding
- 16,048,941
- Ownership
- 8.63%
Earnings Market Reaction
- Filing date
- 2026-08-05
- Price on filing date
- —
- 1-month reaction
- -13.56%
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets Current | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 10 | 6 | 21 | 24 | 4 | 6 | 11 | 8 | 11 | 14 | 25 | 32 | ||||||
| Restricted Cash Current | - | - | - | - | - | - | - | - | - | 2 | - | - | ||||||
| Restricted Cash | 1 | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Accounts Receivable Net Current | 49 | 56 | 56 | 49 | 46 | 44 | 40 | 37 | 42 | 66 | 65 | 71 | ||||||
| Inventory Net | 10 | 9 | 10 | 8 | 7 | 7 | 10 | 15 | 17 | 4 | 4 | 5 | ||||||
| Prepaid Expense And Other Assets Current | 14 | 12 | 11 | 15 | 14 | 14 | 15 | 16 | 15 | 14 | 14 | 13 | ||||||
| Assets Current | 83 | 84 | 98 | 97 | 70 | 71 | 76 | 76 | 84 | 100 | 109 | 121 | ||||||
| Operating Lease Right Of Use Asset | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | ||||||
| Property Plant And Equipment Net | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||
| Goodwill | 8 | 8 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | ||||||
| Intangible Assets Net Excluding Goodwill | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 1 | 1 | ||||||
| Equity Method Investments | - | - | 0 | 2 | 0 | 1 | 1 | 1 | 2 | 1 | 0 | 1 | ||||||
| Other Assets Noncurrent | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | ||||||
| Assets | 98 | 98 | 112 | 112 | 83 | 84 | 90 | 92 | 100 | 115 | 123 | 136 | ||||||
Liabilities Current | ||||||||||||||||||
| Accounts Payable Current | 11 | 12 | 13 | 16 | 18 | 15 | 13 | 19 | 18 | 12 | 8 | 10 | ||||||
| Short Term Borrowings | 23 | 10 | 13 | - | - | - | 0 | - | - | - | - | - | ||||||
| Accrued Liabilities Current | 40 | 26 | 24 | 27 | 30 | 23 | 20 | 24 | 23 | 30 | 35 | 26 | ||||||
| Taxes Payable Current | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Contract With Customer Liability Current | 5 | 5 | 7 | 4 | 1 | 2 | 5 | 4 | 3 | 5 | 4 | 11 | ||||||
| Other Liabilities Current | 11 | 10 | 11 | 10 | 10 | 10 | 10 | 10 | 8 | 8 | 8 | 9 | ||||||
| Liabilities Current | 91 | 63 | 68 | 58 | 61 | 51 | 49 | 57 | 51 | 55 | 55 | 56 | ||||||
| Long Term Debt | 0 | 13 | 10 | 17 | 11 | 10 | 9 | - | - | - | 0 | - | ||||||
| Operating Lease Liability Noncurrent | 1 | 0 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | ||||||
| Deferred Income Tax Liabilities Net | 0 | 0 | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Liabilities Noncurrent | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 4 | 5 | 5 | ||||||
| Liabilities | 128 | 104 | 155 | 125 | 74 | 69 | 71 | 61 | 56 | 60 | 61 | 62 | ||||||
Stockholders Equity | ||||||||||||||||||
| Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Treasury Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Additional Paid In Capital | 392 | 389 | 385 | 378 | 376 | 368 | 367 | 366 | 365 | 364 | 362 | 363 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | -0 | -0 | -0 | -0 | -0 | -1 | -1 | -0 | -0 | -0 | -0 | -1 | ||||||
| Retained Earnings Accumulated Deficit | -422 | -395 | -427 | -391 | -367 | -352 | -348 | -336 | -320 | -308 | -299 | -288 | ||||||
| Stockholders Equity | -30 | -6 | -43 | -14 | 9 | 16 | 19 | 30 | 44 | 55 | 62 | 74 | ||||||
| Liabilities And Stockholders Equity | 98 | 98 | 112 | 112 | 83 | 84 | 90 | 92 | 100 | 115 | 123 | 136 | ||||||
| Accounts And Financing Receivable Allowance For Credit Loss | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 1 | 0 | 9 | 9 | - | ||||||
| Preferred Stock Par Or Stated Value Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Preferred Stock Shares Authorized | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | ||||||
| Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Common Stock Par Or Stated Value Per Share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||
| Common Stock Shares Authorized | 850 | 850 | 850 | 850 | 850 | 850 | 850 | 850 | 850 | 850 | 850 | 850 | ||||||
| Common Stock Shares Issued | 16 | 16 | 16 | 2 | 15 | 13 | 13 | 13 | 13 | 13 | 13 | 12 | ||||||
| Shares Outstanding | 16 | 16 | 16 | 15 | 15 | 13 | 13 | 13 | 13 | 13 | 13 | 12 | ||||||
| Treasury Stock Common Shares | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 11 | - | 11 | 1 | 1 | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
Financial statements beyond 3 years are for subscribers only.
Unlock 17+ years of income statements, balance sheets, and cash flow statements
Start 7-day free trialFTC Solar, Inc. (FTCI) — SEC Financial Statements & Analysis
FTC Solar, Inc. (FTCI) is a semiconductors & related devices company, incorporated in DE. FTC Solar, Inc. trades on Nasdaq as: FTCI. FTC Solar, Inc. (FTCI)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-05. Based on that filing, FTC Solar, Inc. carries a market cap of $81.53M, a P/E ratio of -1.49x, a P/B ratio of -2.69x, a P/S ratio of 0.80x, an enterprise value of $93.09M, and an EV/EBITDA multiple of -2.47x. On profitability, it posts a gross margin of 2.96%, an operating margin of -38.26%, a net margin of -53.61%, a Return on Equity (ROE) of 514.95%, a Return on Assets (ROA) of -60.61%, and a Return on Invested Capital (ROIC) of -219.17%. Per share, it reports EPS of $-3.42, diluted EPS of $-3.42, free cash flow per share of $-1.78, and a dividend per share of $0.00. Over the trailing year, it posted revenue growth of 59.53% year-over-year, net income growth of 17.10% year-over-year, and EPS growth of -4.43% year-over-year. On the balance sheet, it maintains a current ratio of 0.91x, a quick ratio of 0.65x, working capital of $-7.91M, a debt-to-equity ratio of -4.23x, a debt ratio of 1.31, an interest coverage ratio of -2.61x, free cash flow of $-28.60M (TTM), and net debt of $11.57M. Figures sourced from SEC EDGAR.
- Market Cap
- $81.53M
- P/E TTM
- -1.49x
- EPS TTM
- $-3.42
- P/B TTM
- -2.69x
- ROE TTM
- 514.95%
- ROA TTM
- -60.61%
- Debt To Equity
- -4.23x
- Free Cash Flow TTM
- $-28.60M
- Net Revenue TTM Growth 1Y
- 59.53%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is FTC Solar, Inc. in?
FTC Solar, Inc. (FTCI) operates in the Semiconductors & Related Devices industry.
What exchange does FTCI trade on?
FTC Solar, Inc. (FTCI) trades on the Nasdaq.
Where is FTC Solar, Inc. incorporated?
FTC Solar, Inc. is incorporated in DE.
When was FTC Solar, Inc. (FTCI)'s most recent SEC filing?
FTC Solar, Inc. (FTCI)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-05.
What is FTCI's market cap?
FTC Solar, Inc. (FTCI) has a market capitalization of $81.53M as of 2026-06-30.
What is FTCI's EPS (earnings per share)?
FTC Solar, Inc. (FTCI)'s trailing twelve month EPS is $-3.42 as of 2026-06-30.
What is FTCI's ROE (return on equity)?
FTC Solar, Inc. (FTCI)'s trailing twelve month Return on Equity (ROE) is 514.95% as of 2026-06-30.
What is FTCI's ROA (return on assets)?
FTC Solar, Inc. (FTCI)'s trailing twelve month Return on Assets (ROA) is -60.61% as of 2026-06-30.
What is FTCI's ROIC (return on invested capital)?
FTC Solar, Inc. (FTCI)'s trailing twelve month Return on Invested Capital (ROIC) is -219.17% as of 2026-03-31.
What is FTCI's EV/EBITDA?
FTC Solar, Inc. (FTCI)'s trailing twelve month EV/EBITDA is -2.47x as of 2026-06-30.

