FTC Solar Inc.

NASDAQ: FTCI · Real-Time Price · USD
4.15
-0.02 (-0.48%)
At close: May 30, 2025, 3:59 PM
4.10
-1.20%
After-hours: May 30, 2025, 04:50 PM EDT

FTC Solar Revenue Breakdown

Period Ending Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Product Revenue 37.52M 101.87M 63.76M 227.4M
Product Revenue Growth -63.17% +59.77% -71.96% n/a
Service Revenue 9.84M 25.13M 59.31M 43.13M
Service Revenue Growth -60.86% -57.63% +37.51% n/a

Revenue by Geography

Period Ending Dec 31, 2024 Dec 31, 2023 Dec 31, 2022
Australia Revenue 4.37M 7M 24.85M
Australia Revenue Growth -37.59% -71.83% n/a
All Other Revenue 733K 20K 227K
All Other Revenue Growth +3565.00% -91.19% n/a
United States Revenue 42.25M 119.98M 97.99M
United States Revenue Growth -64.78% +22.44% n/a

Operating Expense Breakdown

Period Ending 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 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Selling, General, and Administrative Revenue 6.19M 8.12M 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 -23.75% -11.80% +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 924K 1.47M 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 -37.31% +0.48% -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 1.14M 2.05M 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 -44.61% -14.75% +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