S&P 500 7,400.41 â–ŧ 72.38 (-0.97%) DOW 51,805.87 ▲ 93.16 (+0.18%) NASDAQ 25,787.56 â–ŧ 379.04 (-1.45%) US Markets Open â€ĸ 12:19 PM ET

FTCI

FTC Solar, Inc.

Price Chart
Latest Quote

$5.30

+0.06 (+1.15%)
Current Price
Previous Close $5.24
Open $5.14
Day High $5.40
Day Low $5.03
Volume 37,192
Fetched: 2026-06-23T16:19:05
Stock Information
Shares Outstanding 16.01M
Total Debt $23.42M
Cash Equivalents $5.64M
Revenue $96.15M
Net Income $-43.16M
Sector Technology
Industry Solar
Market Cap $84.83M
EPS (TTM) $-5.82
Exchange NCM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$101.65M
Sales$96.15M
Income$-43.16M
Book/sh$-0.39
Cash/sh$0.35
Employees232
Financial Ratios
Quick Ratio0.98
Current Ratio1.32
Returns & Margins
ROA-25.25%
ROE-955.79%
Gross Margin1.43%
Operating Margin-69.84%
Profit Margin-44.89%
Ownership
Insider Ownership36.26%
Institutional Ownership10.08%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E131.19
P/S0.88
P/B-13.62
Analyst Data
Recommendationnone
Target Price$10.25
Technical Indicators
SMA20$5.02
SMA50$4.74
SMA200$7.42
RSI42.14
ATR0.4864
Shares Float10.58M
Short Float8.83%
Short Ratio4.12
Volatility1.80
Rel Volume0.39
Performance History
Week+17.52%
Month+11.34%
Quarter+4.95%
6 Months-46.79%
YTD-56.66%
Year+24.41%
3 Years-80.37%
5 Years-95.23%
10 Years-96.28%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-23 $5.30 37,192
2026-06-22 $5.24 68,500
2026-06-18 $5.14 220,300
2026-06-17 $5.08 182,000
2026-06-16 $4.43 92,000
2026-06-15 $4.51 31,000
2026-06-12 $4.32 60,600
2026-06-11 $4.49 93,600
2026-06-10 $4.29 65,600
2026-06-09 $4.49 59,000
2026-06-08 $4.66 47,800
2026-06-05 $4.75 101,400
2026-06-04 $5.39 41,200
2026-06-03 $5.23 93,000
2026-06-02 $5.83 72,800
2026-06-01 $5.63 94,500
2026-05-29 $5.50 166,700
2026-05-28 $5.51 159,600
2026-05-27 $5.40 89,900
2026-05-26 $5.11 118,900
About FTC Solar, Inc.

FTC Solar, Inc. engages in the manufacture and service of solar tracker systems in the United States, Asia, Europe, the Middle East, North Africa, South Africa, and Australia. The company provides a two modules-in-portrait solar tracker system under the Voyager brand name; and a one module-in-portrait solar tracker solution under the Pioneer brand name. It also offers trackers and software solutions for the utility-scale solar energy markets, as well as for the project developers, solar asset owners, and engineering, procurement, and construction contractors that design and build solar energy projects. The company was incorporated in 2017 and is headquartered in Austin, Texas.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $100,567,000 $59,949,000 $118,695,000 $150,294,000
Cost Of Revenue $100,567,000 $59,949,000 $118,695,000 $150,294,000
Total Revenue $99,687,000 $47,355,000 $127,002,000 $123,066,000
Operating Revenue $99,687,000 $47,355,000 $127,002,000 $123,066,000
Expenses
Interest Expense $8,205,000 $665,000 $253,000 $978,000
Total Expenses $135,110,000 $100,185,000 $177,779,000 $222,638,000
Other Income Expense $-35,447,000 $4,773,000 $402,000 $1,372,000
Other Non Operating Income Expenses $140,000 $468,000 $-257,000 $-373,000
Net Non Operating Interest Income Expense $-8,182,000 $-319,000 $-253,000 $-978,000
Interest Expense Non Operating $8,205,000 $665,000 $253,000 $978,000
Operating Expense $34,543,000 $40,236,000 $59,084,000 $72,344,000
Selling And Marketing Expense $6,201,000 $8,881,000 $14,811,000 $8,659,000
General And Administrative Expense $23,955,000 $25,440,000 $37,107,000 $53,736,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-79,577,000 $-48,606,000 $-50,290,000 $-99,613,000
Net Interest Income $-8,182,000 $-319,000 $-253,000 $-978,000
Interest Income $23,000 $346,000 - -
Normalized Income $-50,237,980 $-52,864,890 $-51,600,194 $-100,991,550
Net Income From Continuing And Discontinued Operation $-79,577,000 $-48,606,000 $-50,290,000 $-99,613,000
Total Operating Income As Reported $-35,423,000 $-52,830,000 $-50,777,000 $-99,572,000
Net Income Common Stockholders $-79,577,000 $-48,606,000 $-50,290,000 $-99,613,000
Net Income $-79,577,000 $-48,606,000 $-50,290,000 $-99,613,000
Net Income Including Noncontrolling Interests $-79,577,000 $-48,606,000 $-50,290,000 $-99,613,000
Net Income Continuous Operations $-79,577,000 $-48,606,000 $-50,290,000 $-99,613,000
Pretax Income $-79,052,000 $-48,376,000 $-50,628,000 $-99,178,000
Special Income Charges $3,548,000 $9,713,000 $1,319,000 $1,745,000
Earnings From Equity Interest $1,551,000 $-1,086,000 $-660,000 $0
Interest Income Non Operating $23,000 $346,000 - -
Operating Income $-35,423,000 $-52,830,000 $-50,777,000 $-99,572,000
Gross Profit $-880,000 $-12,594,000 $8,307,000 $-27,228,000
Per Share
Diluted EPS $-5.49 $-3.83 $-4.35 $-9.80
Basic EPS $-5.49 $-3.83 $-4.35 $-9.80
Other
Tax Effect Of Unusual Items $-7,798,980 $1,132,110 $8,806 $366,450
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-32,434,000 $-51,431,000 $-50,319,000 $-99,045,000
Total Unusual Items $-37,138,000 $5,391,000 $1,319,000 $1,745,000
Total Unusual Items Excluding Goodwill $-37,138,000 $5,391,000 $1,319,000 $1,745,000
Reconciled Depreciation $1,275,000 $1,671,000 $1,375,000 $900,000
EBITDA (Bullshit earnings) $-69,572,000 $-46,040,000 $-49,000,000 $-97,300,000
EBIT $-70,847,000 $-47,711,000 $-50,375,000 $-98,200,000
Diluted Average Shares $14,012,298 $12,675,923 $11,554,615 $10,140,826
Basic Average Shares $14,012,298 $12,675,923 $11,554,615 $10,140,826
Diluted NI Availto Com Stockholders $-79,577,000 $-48,606,000 $-50,290,000 $-99,613,000
Tax Provision $525,000 $230,000 $-338,000 $435,000
Gain On Sale Of Ppe $140,000 $906,000 $0 -
Gain On Sale Of Business $3,204,000 $8,807,000 $1,319,000 $1,745,000
Other Special Charges $173,000 - - -
Restructuring And Mergern Acquisition $-377,000 $0 - -
Gain On Sale Of Security $-40,686,000 $-4,322,000 - -
Research And Development $4,387,000 $5,915,000 $7,166,000 $9,949,000
Selling General And Administration $30,156,000 $34,321,000 $51,918,000 $62,395,000
Other Gand A $23,955,000 $25,440,000 $37,107,000 $53,736,000
Fetched: 2026-06-21
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $-50,402,000 $11,897,000 $54,576,000 $57,799,000
Total Assets $111,812,000 $89,928,000 $123,070,000 $134,398,000
Total Non Current Assets $14,043,000 $13,800,000 $14,562,000 $15,708,000
Other Non Current Assets $1,823,000 $2,341,000 $2,785,000 $4,201,000
Goodwill And Other Intangible Assets $7,444,000 $7,139,000 $7,895,000 $8,651,000
Current Assets $97,769,000 $76,128,000 $108,508,000 $118,690,000
Other Current Assets $3,096,000 $3,969,000 $5,538,000 $1,405,000
Current Deferred Assets $360,000 $433,000 $666,000 $0
Prepaid Assets $7,838,000 $10,626,000 $7,885,000 $8,792,000
Inventory $9,627,000 $10,144,000 $3,905,000 $14,949,000
Receivables $55,743,000 $39,709,000 $65,279,000 $49,052,000
Receivables Adjustments Allowances $-3,069,000 $-1,717,000 $-8,557,000 $-1,184,000
Other Receivables $36,090,000 $15,936,000 $26,816,000 $14,869,000
Accounts Receivable $22,722,000 $22,369,000 $46,152,000 $35,367,000
Cash Cash Equivalents And Short Term Investments $21,105,000 $11,247,000 $25,235,000 $44,385,000
Cash And Cash Equivalents $21,105,000 $11,247,000 $25,235,000 $44,385,000
Other Intangible Assets - - $542,000 $1,113,000
Restricted Cash - - $0 $107,000
Debt
Net Debt $1,497,000 - - -
Total Debt $23,559,000 $10,632,000 $1,864,000 $1,203,000
Long Term Debt And Capital Lease Obligation $10,474,000 $9,877,000 $1,124,000 $786,000
Long Term Debt $9,921,000 $9,466,000 - -
Current Debt And Capital Lease Obligation $13,085,000 $755,000 $740,000 $417,000
Current Debt $12,681,000 - - -
Other Current Borrowings $12,681,000 - - -
Liabilities
Total Liabilities Net Minority Interest $154,770,000 $70,892,000 $60,599,000 $67,948,000
Total Non Current Liabilities Net Minority Interest $86,545,000 $21,819,000 $5,934,000 $7,608,000
Other Non Current Liabilities $1,556,000 $2,422,000 $4,810,000 $6,822,000
Derivative Product Liabilities $74,515,000 $9,520,000 $0 -
Current Liabilities $68,225,000 $49,073,000 $54,665,000 $60,340,000
Current Deferred Liabilities $7,172,000 $5,306,000 $3,612,000 $11,316,000
Payables And Accrued Expenses $34,912,000 $29,843,000 $39,176,000 $35,915,000
Interest Payable $399,000 $0 - -
Payables $13,841,000 $13,396,000 $8,186,000 $16,707,000
Total Tax Payable $594,000 $401,000 $207,000 $906,000
Income Tax Payable $630,000 $325,000 $88,000 $443,000
Accounts Payable $13,247,000 $12,995,000 $7,979,000 $15,801,000
Other Current Liabilities - - - -
Equity
Common Stock Equity $-42,958,000 $19,036,000 $62,471,000 $66,450,000
Total Equity Gross Minority Interest $-42,958,000 $19,036,000 $62,471,000 $66,450,000
Stockholders Equity $-42,958,000 $19,036,000 $62,471,000 $66,450,000
Gains Losses Not Affecting Retained Earnings $-290,000 $-542,000 $-293,000 $-61,000
Other Equity Adjustments $-290,000 $-542,000 $-293,000 $-61,000
Retained Earnings $-427,318,000 $-347,741,000 $-299,135,000 $-248,845,000
Long Term Equity Investment $0 $954,000 $240,000 $0
Other
Treasury Shares Number $1,076,257 $1,076,257 $1,076,256 $1,076,256
Ordinary Shares Number $15,537,344 $12,853,823 $12,544,532 $10,503,258
Share Issued $16,613,601 $13,930,080 $13,620,788 $11,579,514
Tangible Book Value $-50,402,000 $11,897,000 $54,576,000 $57,799,000
Invested Capital $-20,356,000 $28,502,000 $62,471,000 $66,450,000
Working Capital $29,544,000 $27,055,000 $53,843,000 $58,350,000
Capital Lease Obligations $957,000 $1,166,000 $1,864,000 $1,203,000
Total Capitalization $-33,037,000 $28,502,000 $62,471,000 $66,450,000
Treasury Stock $0 $0 $0 $0
Additional Paid In Capital $384,648,000 $367,318,000 $361,898,000 $315,345,000
Capital Stock $2,000 $1,000 $1,000 $11,000
Common Stock $2,000 $1,000 $1,000 $11,000
Preferred Stock $0 $0 $0 $0
Long Term Capital Lease Obligation $553,000 $411,000 $1,124,000 $786,000
Current Deferred Revenue $7,172,000 $5,306,000 $3,612,000 $11,316,000
Current Capital Lease Obligation $404,000 $755,000 $740,000 $417,000
Pensionand Other Post Retirement Benefit Plans Current $2,699,000 $3,687,000 $3,858,000 $4,688,000
Current Provisions $10,357,000 $9,482,000 $7,279,000 $8,004,000
Current Accrued Expenses $21,071,000 $16,447,000 $30,990,000 $19,208,000
Investments And Advances $0 $954,000 $240,000 $0
Goodwill $7,444,000 $7,139,000 $7,353,000 $7,538,000
Net PPE $4,776,000 $3,366,000 $3,642,000 $2,856,000
Accumulated Depreciation $-4,027,000 $-2,746,000 $-1,610,000 $-827,000
Gross PPE $8,803,000 $6,112,000 $5,252,000 $3,683,000
Leases $696,000 $338,000 $157,000 $22,000
Other Properties $5,930,000 $4,104,000 $3,895,000 $3,056,000
Machinery Furniture Equipment $2,177,000 $1,670,000 $1,200,000 $605,000
Properties $0 $0 $0 $0
Inventories Adjustments Allowances $-495,000 $-516,000 - -
Finished Goods $9,443,000 $10,660,000 $3,905,000 $14,949,000
Work In Process $227,000 $0 - -
Raw Materials $452,000 $0 - -
Duefrom Related Parties Current $0 $3,121,000 $868,000 $0
Investmentsin Subsidiariesat Cost - - - -
Fetched: 2026-06-21
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-34,573,000 $-36,344,000 $-53,472,000 $-55,495,000
Operating Activities
Operating Cash Flow $-33,444,000 $-34,699,000 $-52,656,000 $-54,510,000
Cash Flow From Continuing Operating Activities $-33,444,000 $-34,699,000 $-52,656,000 $-54,510,000
Operating Gains Losses $35,964,000 $-4,305,000 $-661,000 $-1,562,000
Investing Activities
Capital Expenditure $-1,129,000 $-1,645,000 $-816,000 $-985,000
Investing Cash Flow $2,801,000 $6,262,000 $-397,000 $-4,247,000
Cash Flow From Continuing Investing Activities $2,801,000 $6,262,000 $-397,000 $-4,247,000
Financing Activities
Issuance Of Capital Stock $4,710,000 $0 $34,007,000 $0
Financing Cash Flow $40,399,000 $14,498,000 $33,950,000 $903,000
Cash Flow From Continuing Financing Activities $40,399,000 $14,498,000 $33,950,000 $903,000
Net Other Financing Charges $-281,000 $-60,000 $-283,000 -
Net Common Stock Issuance $4,710,000 $0 $34,007,000 $0
Common Stock Issuance $4,710,000 $0 $34,007,000 $0
Repurchase Of Capital Stock - - $0 $0
Dividends Received Cfi - - - -
Other
Issuance Of Debt $35,955,000 $14,550,000 $0 $0
Interest Paid Supplemental Data $786,000 $222,000 $576,000 $784,000
Income Tax Paid Supplemental Data $12,000 $133,000 $177,000 $123,000
End Cash Position $21,105,000 $11,247,000 $25,235,000 $44,385,000
Beginning Cash Position $11,247,000 $25,235,000 $44,385,000 $102,185,000
Effect Of Exchange Rate Changes $102,000 $-49,000 $-47,000 $54,000
Changes In Cash $9,756,000 $-13,939,000 $-19,103,000 $-57,854,000
Proceeds From Stock Option Exercised $15,000 $8,000 $226,000 $903,000
Net Issuance Payments Of Debt $35,955,000 $14,550,000 $0 $0
Net Long Term Debt Issuance $35,955,000 $14,550,000 $0 $0
Long Term Debt Issuance $35,955,000 $14,550,000 $0 $0
Net Business Purchase And Sale $3,784,000 $7,007,000 $419,000 $-3,348,000
Sale Of Business $3,784,000 $8,807,000 $1,319,000 $1,745,000
Purchase Of Business $0 $-1,800,000 $-900,000 $-5,093,000
Net Intangibles Purchase And Sale $140,000 $900,000 - -
Sale Of Intangibles $140,000 $900,000 - -
Net PPE Purchase And Sale $-1,123,000 $-1,645,000 $-816,000 $-899,000
Sale Of PPE $6,000 $0 $0 $86,000
Purchase Of PPE $-1,129,000 $-1,645,000 $-816,000 $-985,000
Change In Working Capital $-6,940,000 $501,000 $-24,725,000 $9,291,000
Change In Other Working Capital $1,866,000 $1,754,000 $-7,704,000 $9,895,000
Change In Other Current Liabilities $-1,629,000 $-2,696,000 $-3,083,000 $-599,000
Change In Other Current Assets $35,000 $-376,000 $383,000 $-1,019,000
Change In Payables And Accrued Expense $-1,948,000 $-14,329,000 $2,622,000 $-55,610,000
Change In Accrued Expense $2,559,000 $-19,292,000 $10,582,000 $-32,670,000
Change In Payable $-4,507,000 $4,963,000 $-7,960,000 $-22,940,000
Change In Account Payable $-4,507,000 $4,963,000 $-7,960,000 $-22,940,000
Change In Prepaid Assets $3,498,000 $-934,000 $-3,681,000 $7,189,000
Change In Inventory $1,429,000 $-6,416,000 $10,338,000 $-7,902,000
Change In Receivables $-10,191,000 $23,498,000 $-23,600,000 $57,337,000
Changes In Account Receivables $-10,191,000 $23,498,000 $-23,600,000 $57,337,000
Other Non Cash Items $6,161,000 $1,092,000 $823,000 $5,106,000
Stock Based Compensation $4,960,000 $5,412,000 $8,295,000 $20,303,000
Provisionand Write Offof Assets $4,492,000 $9,453,000 $12,389,000 $11,200,000
Deferred Tax $221,000 $83,000 $138,000 $-135,000
Deferred Income Tax $221,000 $83,000 $138,000 $-135,000
Depreciation Amortization Depletion $1,275,000 $1,671,000 $1,375,000 $900,000
Depreciation And Amortization $1,275,000 $1,671,000 $1,375,000 $900,000
Gain Loss On Investment Securities $40,686,000 $4,322,000 - -
Gain Loss On Sale Of PPE $-140,000 $-906,000 $-2,000 $183,000
Gain Loss On Sale Of Business $-4,755,000 $-7,721,000 $-1,319,000 $-1,745,000
Net Income From Continuing Operations $-79,577,000 $-48,606,000 $-50,290,000 $-99,613,000
Earnings Losses From Equity Investments - $1,086,000 $660,000 $0
Repayment Of Debt - - $0 $0
Common Stock Payments - - $0 $0
Long Term Debt Payments - - $0 $0
Change In Interest Payable - - - $0
Asset Impairment Charge - - - $1,159,000
Fetched: 2026-06-21