FTC Solar Inc. (FTCI)
NASDAQ: FTCI
· Real-Time Price · USD
5.54
0.75 (15.66%)
At close: Aug 15, 2025, 3:59 PM
5.74
3.61%
After-hours: Aug 15, 2025, 06:51 PM EDT
FTC Solar Income Statement
Financials in USD. Fiscal
year is
January - December.
| Fiscal Year | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
| Period Ending | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
Revenue | 64.13M | 55.57M | 47.35M | 57.35M | 77.77M | 98.69M | 127M | 130.02M | 116.05M | 114.41M | 123.07M | 198.57M | 234.98M | 254.37M | 270.52M | 212.98M | 219.63M | 220.68M |
Cost of Revenue | 79.64M | 69.5M | 59.95M | 65.42M | 78.15M | 94.53M | 118.69M | 124.32M | 123.24M | 130.31M | 150.29M | 232.46M | 267.4M | 296.33M | 303.08M | 241.78M | 237.53M | 223.91M |
Gross Profit | -15.51M | -13.93M | -12.59M | -8.06M | -380K | 4.16M | 8.31M | 5.7M | -7.19M | -15.91M | -27.23M | -33.89M | -32.41M | -41.96M | -32.55M | -28.8M | -17.9M | -3.22M |
Operating Income | -50.46M | -50.89M | -52.83M | -51.14M | -52.44M | -50.88M | -50.78M | -58.9M | -69.32M | -84.19M | -99.57M | -103.25M | -99.33M | -150.06M | -130.3M | -118.09M | -97.85M | -27.84M |
Interest Income | 11K | 6K | n/a | n/a | n/a | n/a | n/a | 96K | 196K | 196K | 196K | 100K | n/a | n/a | n/a | n/a | n/a | n/a |
Pretax Income | -46.37M | -43.16M | -48.38M | -47.76M | -49.42M | -47.78M | -50.63M | -59.02M | -68.03M | -83.09M | -99.18M | -102.95M | -100.03M | -130.03M | -109.56M | -97.15M | -76.9M | -27.43M |
Net Income | -46.84M | -43.65M | -48.61M | -47.55M | -49.13M | -47.3M | -50.29M | -59.61M | -68.31M | -83.58M | -99.61M | -102.99M | -100.27M | -130.43M | -110.08M | -95.93M | -75.85M | -26.79M |
Selling & General & Admin | 29.96M | 31.55M | 34.32M | 37.18M | 45.71M | 48.36M | 51.92M | 56.48M | 53.79M | 59.12M | 62.4M | 59.94M | 57.5M | 95.81M | 86.2M | 78.46M | 69.8M | 18.54M |
Research & Development | 4.99M | 5.4M | 5.92M | 5.89M | 6.34M | 6.68M | 7.17M | 8.13M | 8.33M | 9.17M | 9.95M | 9.43M | 9.41M | 12.29M | 11.54M | 10.83M | 10.15M | 6.08M |
Other Expenses | n/a | n/a | 36K | 44K | -6K | -6K | -42K | -174K | -124K | -51K | -32K | 84K | 72K | -47K | -66K | -58K | -47K | -1K |
Operating Expenses | 34.95M | 36.95M | 40.24M | 43.07M | 52.06M | 55.05M | 59.08M | 64.6M | 62.13M | 68.28M | 72.34M | 69.36M | 66.92M | 108.1M | 97.74M | 89.29M | 79.95M | 24.62M |
Interest Expense | -20K | 711K | 136K | 195K | 303K | 331K | 253K | 290K | 442K | 841K | 1.08M | 1.28M | 1.32M | 1.09M | 814K | 692K | 461K | 382K |
Selling & Marketing Expenses | 6.88M | 7.63M | 8.88M | 11.75M | 15.67M | 15.49M | 14.81M | 11.65M | 7.32M | 8.4M | 8.66M | 7.29M | 7.53M | 7.86M | 6.98M | 7.75M | 6.57M | 4.13M |
Cost & Expenses | 114.6M | 106.46M | 100.19M | 108.49M | 130.21M | 149.58M | 177.78M | 188.92M | 185.36M | 198.6M | 222.64M | 301.82M | 334.31M | 404.43M | 400.82M | 331.07M | 317.48M | 248.52M |
Income Tax Expense | 391K | 495K | 230K | -215K | -293K | -480K | -338K | 595K | 278K | 490K | 435K | 47K | 239K | 264K | 169K | 169K | 152K | 56K |
Shares Outstanding (Basic) | 13.1M | 12.89M | 12.79M | 12.74M | 12.62M | 12.56M | 12.51M | 11.98M | 11.27M | 10.68M | 10.39M | 10.22M | 10.03M | 9.92M | 9.55M | 9.46M | 7.92M | 8.22M |
Shares Outstanding (Diluted) | 13.1M | 14.59M | 12.79M | 12.74M | 12.62M | 12.56M | 12.51M | 11.98M | 11.27M | 10.68M | 10.39M | 10.22M | 10.03M | 9.92M | 9.6M | 9.46M | 7.92M | 8.22M |
EPS (Basic) | -2.78 | -1.69 | -1.46 | -1.46 | -0.4 | -0.39 | -0.43 | -0.54 | -0.65 | -0.82 | -0.99 | -1.04 | -1.03 | -1.47 | -1.28 | -1.18 | -0.98 | -0.38 |
EPS (Diluted) | -3.06 | -1.97 | -1.46 | -1.46 | -0.4 | -0.39 | -0.43 | -0.54 | -0.65 | -0.82 | -0.99 | -1.04 | -1.03 | -1.47 | -1.28 | -1.17 | -0.97 | -0.37 |
EBITDA | -44.83M | -44.85M | -42.53M | -45.58M | -47.34M | -46M | -49.92M | -58.33M | -67.32M | -82.16M | -97.3M | -101.05M | -98.26M | -128.59M | -108.51M | -96.36M | -76.39M | -27.03M |
EBIT | -31.35M | -43.27M | -47.64M | -47.18M | -48.86M | -47.45M | -50.38M | -58.93M | -67.89M | -82.55M | -98.4M | -102.12M | -99.07M | -129.29M | -109.32M | -96.67M | -76.66M | -27.27M |
Depreciation & Amortization | -5.42M | -5.02M | 1.67M | 1.6M | 1.52M | 1.45M | 1.38M | 1.32M | 1.3M | 1.11M | 900K | 719K | 743K | 632K | 520K | 387K | 49K | 19K |