FTC Solar Inc.

2.70
0.17 (6.72%)
At close: Apr 17, 2025, 3:59 PM
2.67
-1.03%
After-hours: Apr 17, 2025, 05:20 PM EDT

FTC Solar Revenue Breakdown

Period Ending 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

Period Ending 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

Period Ending 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