ftc solar inc - FTCI

FTCI

Close Chg Chg %
4.92 0.13 2.64%

Open Market

5.05

+0.13 (2.64%)

Volume: 19.29K

Last Updated:

Apr 22, 2026, 11:24 AM EDT

Company Overview: ftc solar inc - FTCI

FTCI Key Data

Open

$5.01

Day Range

4.97 - 5.22

52 Week Range

2.65 - 12.74

Market Cap

$74.34M

Shares Outstanding

15.59M

Public Float

10.01M

Beta

1.69

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$5.31

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

171.47K

 

FTCI Performance

1 Week
 
6.03%
 
1 Month
 
6.26%
 
3 Months
 
-56.88%
 
1 Year
 
54.72%
 
5 Years
 
N/A
 

FTCI Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 4
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 99.69M
Industry Packaged Software Net Income -79,577,000.00
Sector Technology Services 2025 Sales Growth 110.51%
Fiscal Year-end 12 / 2026 Employees 232
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 1.534
Price to Book Ratio N/A
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA -4.572
Enterprise Value to Sales 1.558
Total Debt to Enterprise Value 0.152

FTCI Efficiency

Revenue/Employee 429,685.345
Income Per Employee -343,004.31
Receivables Turnover 1.788
Total Asset Turnover 0.987

FTCI Liquidity

Current Ratio 1.428
Quick Ratio 1.193
Cash Ratio 0.309

FTCI Profitability

Gross Margin -2.128
Operating Margin -35.359
Pretax Margin -79.30
Net Margin -79.827
Return on Assets -78.824
Return on Equity N/A
Return on Total Capital 410.212
Return on Invested Capital N/A

FTCI Capital Structure

Total Debt to Total Equity N/A
Total Debt to Total Capital -121.444
Total Debt to Total Assets 21.038
Long-Term Debt to Equity N/A
Long-Term Debt to Total Capital -53.992
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Ftc Solar Inc - FTCI

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
123.07M 127.00M 47.35M 99.69M
Sales Growth
-54.51% +3.20% -62.71% +110.51%
Cost of Goods Sold (COGS) incl D&A
150.93M 119.53M 61.09M 101.81M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
900.00K 1.38M 1.67M 1.27M
Depreciation
631.00K 833.00K 1.14M 1.28M
Amortization of Intangibles
269.00K 542.00K 535.00K (6.00K)
COGS Growth
-50.20% -20.80% -48.89% +66.67%
Gross Income
(27.86M) 7.47M (13.73M) (2.12M)
Gross Income Growth
+14.40% +126.83% -283.70% +84.55%
Gross Profit Margin
-22.64% +5.88% -28.99% -2.13%
2022 2023 2024 2025 5-year trend
SG&A Expense
71.71M 58.25M 39.10M 33.13M
Research & Development
9.32M 6.33M 4.78M 3.11M
Other SG&A
62.40M 51.92M 34.32M 30.02M
SGA Growth
-23.92% -18.77% -32.88% -15.28%
Other Operating Expense
- - - -
-
Unusual Expense
- - 4.32M 41.03M
-
EBIT after Unusual Expense
(99.57M) (50.78M) (57.15M) (76.28M)
Non Operating Income/Expense
1.37M 402.00K 9.44M 5.43M
Non-Operating Interest Income
- - 346.00K 23.00K
-
Equity in Earnings of Affiliates
- (660.00K) (1.09M) 1.55M
Interest Expense
978.00K 253.00K 665.00K 8.21M
Interest Expense Growth
+20.15% -74.13% +162.85% +1,133.83%
Gross Interest Expense
978.00K 253.00K 665.00K 8.21M
Interest Capitalized
- - - -
-
Pretax Income
(99.18M) (50.63M) (48.38M) (79.05M)
Pretax Income Growth
+6.81% +48.95% +4.45% -63.41%
Pretax Margin
-80.59% -39.86% -102.16% -79.30%
Income Tax
435.00K (338.00K) 230.00K 525.00K
Income Tax - Current - Domestic
- - 204.00K (350.00K)
-
Income Tax - Current - Foreign
231.00K 95.00K 355.00K 304.00K
Income Tax - Deferred - Domestic
- - - -
-
Income Tax - Deferred - Foreign
- (83.00K) (125.00K) 221.00K
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- (660.00K) (1.09M) 1.55M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(99.61M) (50.29M) (48.61M) (79.58M)
Minority Interest Expense
- - - -
-
Net Income
(99.61M) (50.29M) (48.61M) (79.58M)
Net Income Growth
+6.54% +49.51% +3.35% -63.72%
Net Margin Growth
-80.94% -39.60% -102.64% -79.83%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(99.61M) (50.29M) (48.61M) (79.58M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(99.61M) (50.29M) (48.61M) (79.58M)
EPS (Basic)
-9.823 -4.3524 -3.8345 -5.6791
EPS (Basic) Growth
+20.70% +55.69% +11.90% -48.11%
Basic Shares Outstanding
10.14M 11.55M 12.68M 14.01M
EPS (Diluted)
-9.823 -4.3524 -3.8345 -5.6791
EPS (Diluted) Growth
+20.70% +55.69% +11.90% -48.11%
Diluted Shares Outstanding
10.14M 11.55M 12.68M 14.01M
EBITDA
(98.67M) (49.40M) (51.16M) (33.97M)
EBITDA Growth
+22.04% +49.93% -3.56% +33.59%
EBITDA Margin
-80.18% -38.90% -108.03% -34.08%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 11.333
Number of Ratings 4 Current Quarters Estimate -0.284
FY Report Date 06 / 2026 Current Year's Estimate -0.90
Last Quarter’s Earnings -0.465 Median PE on CY Estimate N/A
Year Ago Earnings -5.49 Next Fiscal Year Estimate -0.35
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 4 4 4 3
Mean Estimate -0.28 -0.12 -0.90 -0.35
High Estimates -0.11 0.08 -0.35 0.55
Low Estimate -0.55 -0.40 -1.85 -1.23
Coefficient of Variance -67.47 -184.49 -78.00 -254.64

Analysts Recommendations

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

Ftc Solar Inc in the News