FTC Solar Inc.
3.99
-0.13 (-3.16%)
At close: Jan 15, 2025, 12:42 PM

FTC Solar Inc. Revenue Breakdown

Quarter Sep 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021
Product Revenue 7.41M 10.90M 20.95M 27.27M 21.07M 32.58M 20.08M 3.54M 9.17M 30.97M 89.60M 45.58M 35.76M 56.46M
Product Revenue Growth -32.04% -47.94% -23.21% +29.42% -35.31% +62.22% +466.84% -61.35% -70.40% -65.44% +96.56% +27.48% -36.67% n/a
Service Revenue 2.73M 1.68M 2.26M 3.27M 11.29M 8.31M 6.14M 13.03M 21.55M 18.59M 12.12M 7.41M 14.35M 9.24M
Service Revenue Growth +62.01% -25.44% -31.09% -70.99% +35.72% +35.49% -52.90% -39.55% +15.98% +53.30% +63.67% -48.39% +55.25% n/a

Revenue by Geography

Quarter Dec 31, 2023Dec 31, 2022
Australia Revenue 7.00M 24.85M
Australia Revenue Growth -71.83% n/a
All Other Revenue 20.00K 227.00K
All Other Revenue Growth -91.19% n/a
United States Revenue 119.98M 97.99M
United States Revenue Growth +22.44% n/a

Operating Expense Breakdown

Quarter Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020
Selling, General, and Administrative Revenue 9.20M 8.05M 8.96M 10.98M 17.73M 10.70M 12.51M 15.54M 15.05M 16.02M 15.79M 13.08M 12.62M 54.32M 6.18M 5.34M 3.95M 3.06M 2.99M
Selling, General, and Administrative Revenue Growth +14.38% -10.15% -18.43% -38.10% +65.83% -14.51% -19.48% +3.21% -6.01% +1.43% +20.71% +3.69% -76.78% +778.41% +15.83% +35.06% +29.14% +2.37% n/a
Research and Development Revenue 1.47M 1.53M 1.44M 1.45M 1.92M 1.87M 1.92M 2.41M 2.13M 2.71M 2.70M 1.89M 2.12M 5.58M 1.95M 1.18M 1.44M 1.51M 1.09M
Research and Development Revenue Growth -4.43% +6.67% -0.76% -24.52% +2.56% -2.55% -20.28% +13.41% -21.58% +0.37% +43.14% -10.82% -62.11% +185.82% +66.30% -18.29% -5.08% +38.48% n/a
Sales and Marketing Revenue 2.41M 2.04M 2.39M 4.92M 6.32M 1.85M 1.71M 1.77M 1.99M 2.93M 1.97M 402.00K 2.22M 3.26M 1.10M 1.17M 1.04M 818.00K 515.00K
Sales and Marketing Revenue Growth +18.17% -14.74% -51.50% -22.14% +241.47% +8.24% -3.11% -11.43% -31.88% +48.43% +390.55% -81.92% -31.74% +196.18% -6.06% +12.49% +27.26% +58.83% n/a