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FTC Solar (FTCI)

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4.790
+0.290+6.44%

Close May 15 16:00 ET

4.619
-0.171-3.57%

Post 19:47 ET

76.67MMarket Cap-0.82P/E (TTM)

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

FTC Solar (FTCI) Income Statement

Quarterly+Annual

YOY

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(Q1)Mar 31, 2026

(FY)Dec 31, 2025

(Q4)Dec 31, 2025

(Q3)Sep 30, 2025

(Q2)Jun 30, 2025

(Q1)Mar 31, 2025

(FY)Dec 31, 2024

(Q4)Dec 31, 2024

(Q3)Sep 30, 2024

(Q2)Jun 30, 2024

Total revenue

-17.01%17.27M

110.51%99.69M

148.91%32.86M

156.81%26.03M

74.92%19.99M

65.27%20.8M

-62.71%47.36M

-43.10%13.2M

-66.82%10.14M

-64.68%11.43M

Operating revenue

-17.01%17.27M

110.51%99.69M

148.91%32.86M

156.81%26.03M

74.92%19.99M

65.27%20.8M

-62.71%47.36M

-43.10%13.2M

-66.82%10.14M

-64.68%11.43M

Cost of revenue

-23.74%18.49M

67.75%100.57M

64.15%27.97M

69.20%24.44M

73.62%23.91M

65.02%24.25M

-49.49%59.95M

-24.30%17.04M

-46.84%14.44M

-54.33%13.77M

Gross profit

64.40%-1.23M

93.01%-880K

227.50%4.89M

137.02%1.59M

-67.26%-3.92M

-63.52%-3.45M

-251.61%-12.59M

-654.48%-3.84M

-227.43%-4.31M

-206.45%-2.34M

Operating expense

52.27%10.83M

-14.15%34.54M

10.01%10.55M

-12.85%9.3M

-20.89%7.58M

-31.57%7.11M

-31.90%40.24M

-22.83%9.59M

-45.72%10.67M

-23.77%9.58M

Selling and administrative expenses

56.94%9.71M

-12.14%30.16M

16.36%9.45M

-12.30%8.07M

-19.82%6.45M

-30.89%6.19M

-33.89%34.32M

-26.06%8.12M

-48.11%9.2M

-24.77%8.05M

-Selling and marketing expense

50.97%1.72M

-30.18%6.2M

2.49%2.1M

-30.51%1.67M

-36.59%1.29M

-52.43%1.14M

-40.04%8.88M

-58.35%2.05M

-61.95%2.41M

9.94%2.04M

-General and administrative expense

58.28%8M

-5.84%23.96M

21.05%7.34M

-5.86%6.4M

-14.14%5.16M

-23.05%5.05M

-31.44%25.44M

0.20%6.07M

-40.43%6.8M

-32.04%6.01M

Research and development costs

21.00%1.12M

-25.83%4.39M

-24.97%1.11M

-16.29%1.23M

-26.45%1.13M

-35.79%924K

-17.46%5.92M

1.66%1.47M

-23.63%1.47M

-18.05%1.54M

Operating profit

-14.19%-12.06M

32.95%-35.42M

57.86%-5.66M

48.55%-7.71M

3.56%-11.5M

15.53%-10.56M

-4.04%-52.83M

-14.42%-13.43M

7.99%-14.98M

-15.02%-11.92M

Net non-operating interest income expense

-451.91%-3.89M

-2,464.89%-8.18M

-2,192.79%-4.77M

-8,358.33%-1.98M

-72,700.00%-726K

-418.38%-705K

-26.09%-319K

-252.54%-208K

122.22%24K

103.57%1K

Non-operating interest income

-16.67%5K

-93.35%23K

-33.33%6K

-84.21%6K

-95.76%5K

-96.69%6K

--346K

--9K

--38K

--118K

Non-operating interest expense

447.96%3.9M

1,133.83%8.21M

2,100.46%4.78M

14,100.00%1.99M

524.79%731K

124.29%711K

162.85%665K

--217K

--14K

--117K

Total other finance cost

----

-122.22%-24K

-103.57%-1K

Other net income (expense)

533.03%48.74M

-842.66%-35.45M

-2,033.53%-25.77M

-8,615.95%-14.21M

-1,151.38%-3.17M

99.69%7.7M

1,087.31%4.77M

1,169.52%1.33M

57.77%-163K

-79.43%-253K

Gain on sale of security

958.69%48.74M

-841.37%-40.69M

---26.39M

---16.07M

---2.84M

--4.6M

---4.32M

----

Earnings from equity interest

--0

242.82%1.55M

164.89%207K

844.92%1.91M

-83.33%-451K

57.74%-112K

-64.55%-1.09M

1.54%-319K

23.81%-256K

---246K

Special income (charges)

--0

-63.47%3.55M

-93.30%377K

---83K

--50K

-21.57%3.2M

636.39%9.71M

1,236.82%5.63M

--0

-Less：Restructuring and merger&acquisition

----

---377K

----

--0

----

-Less:Other special charges

----

--173K

--0

--173K

----

-Gain on sale of business

--0

-63.62%3.2M

--0

-21.57%3.2M

567.70%8.81M

1,021.62%4.72M

--0

-Gain on sale of property,plant,equipment

----

-84.55%140K

--0

--90K

--50K

----

--906K

--0

Other non- operating income (expenses)

-75.00%1K

-70.09%140K

-91.33%30K

-62.37%35K

1,114.29%71K

-88.89%4K

282.10%468K

4,225.00%346K

286.00%93K

95.04%-7K

Income before tax

1,019.89%32.79M

-63.41%-79.05M

-194.25%-36.2M

-58.08%-23.89M

-26.40%-15.39M

59.41%-3.57M

4.45%-48.38M

-5.24%-12.3M

9.87%-15.12M

-15.57%-12.18M

Income tax

-23.23%195K

128.26%525K

376.47%188K

-81.97%44K

-40.00%39K

2,409.09%254K

168.05%230K

86.74%-68K

46.99%244K

153.28%65K

Net income

953.60%32.6M

-63.72%-79.58M

-197.43%-36.39M

-55.86%-23.94M

-26.05%-15.43M

56.46%-3.82M

3.35%-48.61M

-9.47%-12.24M

9.32%-15.36M

-17.54%-12.24M

Net income continuous Operations

953.60%32.6M

-63.72%-79.58M

-197.43%-36.39M

-55.86%-23.94M

-26.05%-15.43M

56.46%-3.82M

3.35%-48.61M

-9.47%-12.24M

9.32%-15.36M

-17.54%-12.24M

Minority interest income

Net income attributable to the parent company

953.60%32.6M

-63.72%-79.58M

-197.43%-36.39M

-55.86%-23.94M

-26.05%-15.43M

56.46%-3.82M

3.35%-48.61M

-9.47%-12.24M

9.32%-15.36M

-17.54%-12.24M

Preferred stock dividends

Other preferred stock dividends

Net income attributable to common stockholders

953.60%32.6M

-63.72%-79.58M

-197.43%-36.39M

-55.86%-23.94M

-26.05%-15.43M

56.46%-3.82M

3.35%-48.61M

-9.47%-12.24M

9.32%-15.36M

-17.54%-12.24M

Basic earnings per share

796.67%2.09

-48.30%-5.68

-132.29%-2.23

-33.06%-1.61

-21.65%-1.18

57.14%-0.3

11.95%-3.83

-12.94%-0.96

13.57%-1.21

-7.78%-0.97

Diluted earnings per share

-24.14%-0.72

-48.30%-5.68

-132.29%-2.23

-33.06%-1.61

-21.65%-1.18

17.14%-0.58

11.95%-3.83

-12.94%-0.96

13.57%-1.21

-7.78%-0.97

Dividend per share

Currency Unit

USD

Accounting Standards

US-GAAP

Audit Opinions

Unqualified Opinion with Explanatory Notes

	(Q1)Mar 31, 2026	(FY)Dec 31, 2025	(Q4)Dec 31, 2025	(Q3)Sep 30, 2025	(Q2)Jun 30, 2025	(Q1)Mar 31, 2025	(FY)Dec 31, 2024	(Q4)Dec 31, 2024	(Q3)Sep 30, 2024	(Q2)Jun 30, 2024
Total revenue	-17.01%17.27M	110.51%99.69M	148.91%32.86M	156.81%26.03M	74.92%19.99M	65.27%20.8M	-62.71%47.36M	-43.10%13.2M	-66.82%10.14M	-64.68%11.43M
Operating revenue	-17.01%17.27M	110.51%99.69M	148.91%32.86M	156.81%26.03M	74.92%19.99M	65.27%20.8M	-62.71%47.36M	-43.10%13.2M	-66.82%10.14M	-64.68%11.43M
Cost of revenue	-23.74%18.49M	67.75%100.57M	64.15%27.97M	69.20%24.44M	73.62%23.91M	65.02%24.25M	-49.49%59.95M	-24.30%17.04M	-46.84%14.44M	-54.33%13.77M
Gross profit	64.40%-1.23M	93.01%-880K	227.50%4.89M	137.02%1.59M	-67.26%-3.92M	-63.52%-3.45M	-251.61%-12.59M	-654.48%-3.84M	-227.43%-4.31M	-206.45%-2.34M
Operating expense	52.27%10.83M	-14.15%34.54M	10.01%10.55M	-12.85%9.3M	-20.89%7.58M	-31.57%7.11M	-31.90%40.24M	-22.83%9.59M	-45.72%10.67M	-23.77%9.58M
Selling and administrative expenses	56.94%9.71M	-12.14%30.16M	16.36%9.45M	-12.30%8.07M	-19.82%6.45M	-30.89%6.19M	-33.89%34.32M	-26.06%8.12M	-48.11%9.2M	-24.77%8.05M
-Selling and marketing expense	50.97%1.72M	-30.18%6.2M	2.49%2.1M	-30.51%1.67M	-36.59%1.29M	-52.43%1.14M	-40.04%8.88M	-58.35%2.05M	-61.95%2.41M	9.94%2.04M
-General and administrative expense	58.28%8M	-5.84%23.96M	21.05%7.34M	-5.86%6.4M	-14.14%5.16M	-23.05%5.05M	-31.44%25.44M	0.20%6.07M	-40.43%6.8M	-32.04%6.01M
Research and development costs	21.00%1.12M	-25.83%4.39M	-24.97%1.11M	-16.29%1.23M	-26.45%1.13M	-35.79%924K	-17.46%5.92M	1.66%1.47M	-23.63%1.47M	-18.05%1.54M
Operating profit	-14.19%-12.06M	32.95%-35.42M	57.86%-5.66M	48.55%-7.71M	3.56%-11.5M	15.53%-10.56M	-4.04%-52.83M	-14.42%-13.43M	7.99%-14.98M	-15.02%-11.92M
Net non-operating interest income expense	-451.91%-3.89M	-2,464.89%-8.18M	-2,192.79%-4.77M	-8,358.33%-1.98M	-72,700.00%-726K	-418.38%-705K	-26.09%-319K	-252.54%-208K	122.22%24K	103.57%1K
Non-operating interest income	-16.67%5K	-93.35%23K	-33.33%6K	-84.21%6K	-95.76%5K	-96.69%6K	--346K	--9K	--38K	--118K
Non-operating interest expense	447.96%3.9M	1,133.83%8.21M	2,100.46%4.78M	14,100.00%1.99M	524.79%731K	124.29%711K	162.85%665K	--217K	--14K	--117K
Total other finance cost	----	----	----	----	----	----	----	----	-122.22%-24K	-103.57%-1K
Other net income (expense)	533.03%48.74M	-842.66%-35.45M	-2,033.53%-25.77M	-8,615.95%-14.21M	-1,151.38%-3.17M	99.69%7.7M	1,087.31%4.77M	1,169.52%1.33M	57.77%-163K	-79.43%-253K
Gain on sale of security	958.69%48.74M	-841.37%-40.69M	---26.39M	---16.07M	---2.84M	--4.6M	---4.32M	----	----	----
Earnings from equity interest	--0	242.82%1.55M	164.89%207K	844.92%1.91M	-83.33%-451K	57.74%-112K	-64.55%-1.09M	1.54%-319K	23.81%-256K	---246K
Special income (charges)	--0	-63.47%3.55M	-93.30%377K	---83K	--50K	-21.57%3.2M	636.39%9.71M	1,236.82%5.63M	--0	--0
-Less：Restructuring and merger&acquisition	----	---377K	----	----	----	----	--0	----	----	----
-Less:Other special charges	----	--173K	--0	--173K	----	----	----	----	----	----
-Gain on sale of business	--0	-63.62%3.2M	--0	--0	--0	-21.57%3.2M	567.70%8.81M	1,021.62%4.72M	--0	--0
-Gain on sale of property,plant,equipment	----	-84.55%140K	--0	--90K	--50K	----	--906K	--906K	--0	--0
Other non- operating income (expenses)	-75.00%1K	-70.09%140K	-91.33%30K	-62.37%35K	1,114.29%71K	-88.89%4K	282.10%468K	4,225.00%346K	286.00%93K	95.04%-7K
Income before tax	1,019.89%32.79M	-63.41%-79.05M	-194.25%-36.2M	-58.08%-23.89M	-26.40%-15.39M	59.41%-3.57M	4.45%-48.38M	-5.24%-12.3M	9.87%-15.12M	-15.57%-12.18M
Income tax	-23.23%195K	128.26%525K	376.47%188K	-81.97%44K	-40.00%39K	2,409.09%254K	168.05%230K	86.74%-68K	46.99%244K	153.28%65K
Net income	953.60%32.6M	-63.72%-79.58M	-197.43%-36.39M	-55.86%-23.94M	-26.05%-15.43M	56.46%-3.82M	3.35%-48.61M	-9.47%-12.24M	9.32%-15.36M	-17.54%-12.24M
Net income continuous Operations	953.60%32.6M	-63.72%-79.58M	-197.43%-36.39M	-55.86%-23.94M	-26.05%-15.43M	56.46%-3.82M	3.35%-48.61M	-9.47%-12.24M	9.32%-15.36M	-17.54%-12.24M
Minority interest income
Net income attributable to the parent company	953.60%32.6M	-63.72%-79.58M	-197.43%-36.39M	-55.86%-23.94M	-26.05%-15.43M	56.46%-3.82M	3.35%-48.61M	-9.47%-12.24M	9.32%-15.36M	-17.54%-12.24M
Preferred stock dividends
Other preferred stock dividends
Net income attributable to common stockholders	953.60%32.6M	-63.72%-79.58M	-197.43%-36.39M	-55.86%-23.94M	-26.05%-15.43M	56.46%-3.82M	3.35%-48.61M	-9.47%-12.24M	9.32%-15.36M	-17.54%-12.24M
Basic earnings per share	796.67%2.09	-48.30%-5.68	-132.29%-2.23	-33.06%-1.61	-21.65%-1.18	57.14%-0.3	11.95%-3.83	-12.94%-0.96	13.57%-1.21	-7.78%-0.97
Diluted earnings per share	-24.14%-0.72	-48.30%-5.68	-132.29%-2.23	-33.06%-1.61	-21.65%-1.18	17.14%-0.58	11.95%-3.83	-12.94%-0.96	13.57%-1.21	-7.78%-0.97
Dividend per share
Currency Unit	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD
Accounting Standards	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP
Audit Opinions	--	Unqualified Opinion with Explanatory Notes	--	--	--	--	Unqualified Opinion with Explanatory Notes	--	--	--

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