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NASDAQ:FTCI

FTC Solar, Inc.

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FTC Solar, Inc.'s revenue grew 110.5% in fiscal 2025 to $99.7M while operating margin rose to −35.5%. Free cash flow was −$34.6M, −34.7% of revenue, and the diluted share count rose 10.5%.Summary generated from FTC Solar, Inc.'s SEC filings. Latest annual report filed Mar 24, 2026.

Key statistics

Fiscal 2025 from SEC filings. Methodology
Revenue (FY25)$99.7M
Revenue growth+110.5%
Revenue, 5-yr CAGR−11.9%
Gross margin−0.9%
Operating margin−35.5%
Net margin−79.8%
ROICn/a
Return on equityn/a
Debt / equityn/a
Free cash flow−$34.6M
FCF margin−34.7%
Share count change+10.5%

Financials

Fiscal years, $M
Item20212022202320242025
Revenue27112312747100
Operating income−127−100−51−53−35
Net income−107−100−50−49−80
Free cash flow−134−55−53−36−35

Recent filings

From SEC EDGAR

Peers

Semiconductors & related devices