FTC Solar Inc. (FTCI)
2.53
-0.11 (-4.17%)
At close: Mar 27, 2025, 3:59 PM
2.66
5.14%
After-hours: Mar 27, 2025, 05:33 PM EDT
FTC Solar Inc. Revenue Breakdown
| Quarter | Sep 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product Revenue | 7.41M | 10.9M | 20.95M | 27.27M | 21.07M | 32.58M | 20.08M | 3.54M | 9.17M | 30.97M | 89.6M | 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, 2023 | Dec 31, 2022 |
|---|---|---|
| Australia Revenue | 7M | 24.85M |
| Australia Revenue Growth | -71.83% | n/a |
| All Other Revenue | 20K | 227K |
| 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, 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 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selling, General, and Administrative Revenue | 9.2M | 8.05M | 8.96M | 10.98M | 17.73M | 10.7M | 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 | 2.7M | 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 | 402K | 2.22M | 3.26M | 1.1M | 1.17M | 1.04M | 818K | 515K |
| 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 |