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FTC Solar, Inc.

FTCI

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Financial Statements

Values in Millions ($)
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
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Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
10621244611811142532
Restricted Cash Current
---------2--
Accounts Receivable Net Current
495656494644403742666571
Inventory Net
10910877101517445
Prepaid Expense And Other Assets Current
141211151414151615141413
Assets Current
838498977071767684100109121
Operating Lease Right Of Use Asset
211111122222
Property Plant And Equipment Net
444222222222
Goodwill
887777777777
Intangible Assets Net Excluding Goodwill
------000011
Equity Method Investments
--0201112101
Other Assets Noncurrent
222222233333
Assets
989811211283849092100115123136
Liabilities And Stockhold…
Liabilities Current
Accounts Payable Current
11121316181513191812810
Short Term Borrowings
231013---0-----
Accrued Liabilities Current
402624273023202423303526
Taxes Payable Current
101000000000
Contract With Customer Liability Current
5574125435411
Other Liabilities Current
11101110101010108889
Liabilities Current
916368586151495751555556
Long Term Debt
013101711109---0-
Operating Lease Liability Noncurrent
101100011111
Deferred Income Tax Liabilities Net
00----------
Other Liabilities Noncurrent
112222234455
Liabilities
1281041551257469716156606162
Stockholders Equity
Preferred Stock Value
000000000000
Common Stock Value
000000000000
Treasury Stock Value
000000000000
Additional Paid In Capital
392389385378376368367366365364362363
Accumulated Other Comprehensive Income Loss Net Of…
-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
-30-6-43-14916193044556274
Liabilities And Stockholders Equity
989811211283849092100115123136
Accounts And Financing Receivable Allowance For Cr…
-3322221099-
Preferred Stock Par Or Stated Value Per Share
000000000000
Preferred Stock Shares Authorized
101010101010101010101010
Preferred Stock Shares Issued
000000000000
Common Stock Par Or Stated Value Per Share
000000000000
Common Stock Shares Authorized
850850850850850850850850850850850850
Common Stock Shares Issued
16161621513131313131312
Shares Outstanding
161616151513131313131312
Treasury Stock Common Shares
111111111-1111

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
202659.42%38.84%-14.20%---------
20255.42%28.31%52.11%15.96%33.77%63.73%-16.04%10.18%-6.49%-1.49%1.70%-8.28%
202411.16%-24.25%2.15%-6.32%154.94%161.26%-29.89%33.19%-12.53%10.80%21.95%48.43%
2023----13.48%-44.35%-51.30%62.41%63.83%34.75%24.89%22.85%17.19%

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Performance and Valuation Metrics

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Metrics
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
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Liquidity Ratios
Current Ratio
0.91
1.32
1.43
1.66
1.16
1.40
1.55
1.33
1.64
1.84
1.98
2.18
Quick Ratio
0.65
0.98
1.13
1.27
0.81
0.99
1.04
0.80
1.02
1.51
1.66
1.85
Working Capital
-7.91M
20.38M
29.54M
38.46M
9.66M
20.20M
27.06M
18.88M
33.00M
45.70M
53.84M
65.43M
Leverage & Debt
Debt to Equity
-4.23
-16.91
-3.60
-9.12
8.17
4.41
3.72
2.02
1.27
1.09
0.97
0.84
Interest Coverage TTM
-2.61
-3.24
-4.32
-11.84
-30.16
-48.05
-79.44
-100.86
-87.25
-99.38
-200.70
-203.11
Debt Ratio
1.31
1.06
1.38
1.12
0.89
0.82
0.79
0.67
0.56
0.52
0.49
0.46
Efficiency & Turnover
Asset Turnover TTM
1.13
1.06
0.99
0.79
0.70
0.56
0.44
0.50
0.65
0.78
0.99
0.91
Days Sales Outstanding TTM
168.24
191.00
174.75
197.35
248.02
363.28
404.61
345.95
261.05
236.11
164.29
174.48
Receivables Turnover TTM
2.17
1.91
2.09
1.85
1.47
1.00
0.90
1.06
1.40
1.55
2.22
2.09
Per Share Metrics
Diluted EPS TTM
-3.42
-1.93
-5.68
-3.72
-3.58
-2.99
-3.83
-3.73
-3.89
-3.77
-4.35
-4.98
Free Cash Flow Per Share TTM
-1.51
-2.51
-2.47
-2.32
-1.69
-2.53
-2.87
-2.04
-3.11
-4.57
-4.63
-4.38
Dividend Per Share TTM
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Margin Metrics
Gross Profit Margin TTM
2.96%
1.39%
-0.88%
-12.01%
-24.18%
-25.07%
-26.59%
-14.06%
-0.49%
4.22%
6.54%
4.38%
Operating Profit Margin TTM
-38.26%
-38.40%
-35.53%
-53.97%
-78.68%
-91.57%
-111.56%
-89.16%
-67.43%
-51.55%
-39.98%
-45.30%
Net Profit Margin TTM
-53.61%
-44.89%
-79.83%
-69.25%
-73.04%
-78.56%
-102.64%
-82.90%
-63.17%
-47.92%
-39.60%
-45.85%
Growth Metrics
Net Revenue Growth (1Y)
59.53%
73.02%
110.51%
39.53%
-17.53%
-43.69%
-62.71%
-55.89%
-32.99%
-13.73%
3.20%
-34.52%
Net Income Growth (1Y)
17.10%
-1.13%
63.72%
16.56%
-4.65%
-7.71%
-3.35%
-20.24%
-28.09%
-43.41%
-49.51%
-42.12%
EPS Growth (1Y)
-4.43%
-18.15%
48.10%
-0.35%
-8.15%
-10.08%
-11.90%
-24.99%
-35.78%
-51.87%
-55.69%
-50.64%
Valuation Metrics
P/E TTM
-1.49
-1.36
-1.92
-1.90
-1.27
-0.85
-1.44
-1.82
-0.91
-1.43
-1.59
-2.57
P/B TTM
-2.69
-9.57
-3.56
-7.65
6.56
2.38
3.67
2.85
1.01
1.23
1.28
2.07
P/S TTM
0.80
0.61
1.53
1.31
0.93
0.67
1.47
1.51
0.57
0.69
0.63
1.18
Market Cap
81.53M
58.85M
152.87M
105.04M
59.34M
36.99M
69.84M
86.75M
44.54M
67.68M
80.07M
153.34M
Enterprise Value
93.09M
75.81M
154.37M
97.32M
66.71M
41.25M
68.06M
78.49M
33.76M
51.74M
54.84M
121.82M
Calculated Values
Free Cash Flow TTM
-24.31M
-39.06M
-34.57M
-34.62M
-22.14M
-32.62M
-36.34M
-25.99M
-39.23M
-57.42M
-53.47M
-52.44M
Net Debt
11.57M
16.96M
1.50M
-7.72M
7.38M
4.26M
-1.78M
-8.26M
-10.78M
-15.94M
-25.24M
-31.52M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-05-07Purchase
Owner: Alvarez, Antonio R
Title: -
Shares: 2,500
Price/Share: $4.23
Value: $10,575.00
Shares Owned: 51,283
Relationship: Director
Ownership: Direct
2026-05-06Purchase
Owner: Sadasivam, Shaker
Title: -
Shares: 27,025
Price/Share: $3.70
Value: $99,992.50
Shares Owned: 81,508
Relationship: Director
Ownership: Direct
2026-05-06Purchase
Owner: Alvarez, Antonio R
Title: -
Shares: 2,500
Price/Share: $3.98
Value: $9,950.00
Shares Owned: 48,783
Relationship: Director
Ownership: Direct
2026-05-06Purchase
Owner: Carroll, Anthony
Title: Chief Executive Officer
Shares: 7,250
Price/Share: $3.43
Value: $24,867.50
Shares Owned: 641,455
Relationship: Director,Officer
Ownership: Direct
2025-12-30Sale
Owner: Behnen, Cathy
Title: CHIEF FINANCIAL OFFICER
Shares: 1,646
Price/Share: $10.93
Value: $17,990.78
Shares Owned: 143,534
Relationship: Officer
Ownership: Direct

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Institutional Ownership

No data available for chart
2026-03-31
9.44%
Inst. Shares: 1,469,894
Shares Outstanding: 15,568,299
2025-12-31
12.13%
Inst. Shares: 1,699,192
Shares Outstanding: 14,012,298
2025-09-30
4.93%
Inst. Shares: 733,835
Shares Outstanding: 14,899,638
2025-06-30
5.19%
Inst. Shares: 679,776
Shares Outstanding: 13,098,825
2025-03-31
5.08%
Inst. Shares: 654,938
Shares Outstanding: 12,888,695

FTC 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. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), FTC Solar, Inc. reported a 59.53% year-over-year revenue growth, a Gross Profit Margin of 2.96% (TTM), a Debt-to-Equity ratio of -4.23x, a Price-to-Sales (P/S) ratio of 0.80x (TTM), a Price-to-Book (P/B) ratio of -2.69x (TTM), at a market cap of $81.53M. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
59.53%
Gross Profit Margin TTM
2.96%
Debt To Equity
-4.23x
P/S TTM
0.80x
P/B TTM
-2.69x
Market Cap
$81.53M

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 is FTCI's market cap?

FTC Solar, Inc. (FTCI) has a market capitalization of $81.53M as of 2026-06-30.

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.

Wall Street's data.
Main Street's price.