ftc solar inc - FTCI

FTCI

Close Chg Chg %
10.80 0.11 1.02%

Closed Market

10.91

+0.11 (1.02%)

Volume: 58.74K

Last Updated:

Dec 31, 2025, 4:00 PM EDT

Company Overview: ftc solar inc - FTCI

FTCI Key Data

Open

$10.77

Day Range

10.46 - 10.97

52 Week Range

2.13 - 12.00

Market Cap

$161.36M

Shares Outstanding

14.94M

Public Float

9.82M

Beta

1.46

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$4.04

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

87.82K

 

FTCI Performance

1 Week
 
-9.55%
 
1 Month
 
14.53%
 
3 Months
 
43.43%
 
1 Year
 
96.01%
 
5 Years
 
N/A
 

FTCI Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 3
Full Ratings ➔

About ftc solar inc - FTCI

FTC Solar, Inc. provides solar tracker systems, technology, software, and engineering services. Solar trackers significantly increase energy production at solar power installations by dynamically optimizing solar panel orientation to the sun. The company was founded by David Springer and Ahmad R. Chatila in 2017 and is headquartered in Austin, TX.

FTCI At a Glance

FTC Solar, Inc.
10900 Stonelake Boulevard
Austin, Texas 78759
Phone 1-737-787-7906 Revenue 47.36M
Industry Packaged Software Net Income -48,606,000.00
Sector Technology Services Employees 202
Fiscal Year-end 12 / 2025
View SEC Filings

FTCI Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 1.475
Price to Book Ratio 3.721
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA -1.353
Enterprise Value to Sales 1.462
Total Debt to Enterprise Value 0.154

FTCI Efficiency

Revenue/Employee 234,430.693
Income Per Employee -240,623.762
Receivables Turnover 1.193
Total Asset Turnover 0.445

FTCI Liquidity

Current Ratio 1.551
Quick Ratio 1.157
Cash Ratio 0.229

FTCI Profitability

Gross Margin -28.994
Operating Margin -111.562
Pretax Margin -102.156
Net Margin -102.642
Return on Assets -45.64
Return on Equity -119.268
Return on Total Capital -163.833
Return on Invested Capital -105.085

FTCI Capital Structure

Total Debt to Total Equity 55.852
Total Debt to Total Capital 35.837
Total Debt to Total Assets 11.823
Long-Term Debt to Equity 51.886
Long-Term Debt to Total Capital 33.292
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Ftc Solar Inc - FTCI

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
270.52M 123.07M 127.00M 47.35M
Sales Growth
+44.39% -54.51% +3.20% -62.71%
Cost of Goods Sold (COGS) incl D&A
303.07M 150.93M 119.53M 61.09M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
232.00K 900.00K 1.38M 1.67M
Depreciation
232.00K 631.00K 833.00K 1.14M
Amortization of Intangibles
- 269.00K 542.00K 535.00K
COGS Growth
+64.96% -50.20% -20.80% -48.89%
Gross Income
(32.55M) (27.86M) 7.47M (13.73M)
Gross Income Growth
-997.55% +14.40% +126.83% -283.70%
Gross Profit Margin
-12.03% -22.64% +5.88% -28.99%
2021 2022 2023 2024 5-year trend
SG&A Expense
94.26M 71.71M 58.25M 39.10M
Research & Development
11.54M 9.32M 6.33M 4.78M
Other SG&A
82.72M 62.40M 51.92M 34.32M
SGA Growth
+358.64% -23.92% -18.77% -32.88%
Other Operating Expense
- - - -
-
Unusual Expense
- - (790.00K) 4.32M
-
EBIT after Unusual Expense
(126.01M) (99.57M) (50.78M) (57.15M)
Non Operating Income/Expense
20.41M 1.37M 402.00K 9.44M
Non-Operating Interest Income
- - - 346.00K
-
Equity in Earnings of Affiliates
- (354.00K) (660.00K) (1.09M)
Interest Expense
814.00K 978.00K 253.00K 665.00K
Interest Expense Growth
+69.58% +20.15% -74.13% +162.85%
Gross Interest Expense
814.00K 978.00K 253.00K 665.00K
Interest Capitalized
- - - -
-
Pretax Income
(106.42M) (99.18M) (50.63M) (48.38M)
Pretax Income Growth
-511.40% +6.81% +48.95% +4.45%
Pretax Margin
-39.34% -80.59% -39.86% -102.16%
Income Tax
169.00K 435.00K (338.00K) 230.00K
Income Tax - Current - Domestic
- 196.00K 204.00K (350.00K)
Income Tax - Current - Foreign
(27.00K) 231.00K 95.00K 355.00K
Income Tax - Deferred - Domestic
- - - -
-
Income Tax - Deferred - Foreign
- - (83.00K) (125.00K)
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- (354.00K) (660.00K) (1.09M)
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(106.59M) (99.61M) (50.29M) (48.61M)
Minority Interest Expense
- - - -
-
Net Income
(106.59M) (99.61M) (50.29M) (48.61M)
Net Income Growth
-569.36% +6.54% +49.51% +3.35%
Net Margin Growth
-39.40% -80.94% -39.60% -102.64%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(106.59M) (99.61M) (50.29M) (48.61M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(106.59M) (99.61M) (50.29M) (48.61M)
EPS (Basic)
-12.3879 -9.823 -4.3524 -3.8345
EPS (Basic) Growth
-561.71% +20.70% +55.69% +11.90%
Basic Shares Outstanding
8.60M 10.14M 11.55M 12.68M
EPS (Diluted)
-12.3879 -9.823 -4.3524 -3.8345
EPS (Diluted) Growth
-561.71% +20.70% +55.69% +11.90%
Diluted Shares Outstanding
8.60M 10.14M 11.55M 12.68M
EBITDA
(126.57M) (98.67M) (49.40M) (51.16M)
EBITDA Growth
-649.88% +22.04% +49.93% -3.56%
EBITDA Margin
-46.79% -80.18% -38.90% -108.03%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 13.75
Number of Ratings 3 Current Quarters Estimate -0.246
FY Report Date 03 / 2026 Current Year's Estimate -0.398
Last Quarter’s Earnings -0.26 Median PE on CY Estimate N/A
Year Ago Earnings -3.412 Next Fiscal Year Estimate 0.328
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 3 3 3 3
Mean Estimate -0.25 -0.17 -0.40 0.33
High Estimates -0.21 -0.02 0.16 0.98
Low Estimate -0.31 -0.30 -1.18 -0.95
Coefficient of Variance -22.79 -82.90 -175.08 337.25

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 2 2 1
OVERWEIGHT 0 0 0
HOLD 1 0 2
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Buy Overweight

Insider Actions for Ftc Solar Inc - FTCI

Date Name Shares Transaction Value
Apr 4, 2025 Ahmad R. Chatila Director 1,984,708 Open market or private purchase of non-derivative security Non-derivative transaction at $2.93 per share 5,815,194.44

Ftc Solar Inc in the News