FTCI
FTC Solar, Inc.
NASDAQ · USEnergySolar
$3.85+0.00%
Price as of Jul 20, 2026
FTCI financials
FTC Solar, Inc. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $99.7M | $47.4M | $127.0M | $123.1M |
| Cost of revenue | $98.6M | $59.9M | $118.7M | $150.3M |
| Gross profit | $1.1M | -$12.6M | $8.3M | -$27.2M |
| Operating expenses | $34.5M | $40.2M | $59.1M | $72.3M |
| Operating income | -$33.4M | -$52.8M | -$50.8M | -$99.6M |
| Net income | -$76.9M | -$48.6M | -$50.3M | -$99.6M |
| EBITDA | -$67.6M | -$46.4M | -$49.0M | -$97.3M |
| Basic EPS | $-5.49 | $-3.83 | $-4.35 | $-9.82 |
| Diluted EPS | $-5.49 | $-3.83 | $-4.35 | $-9.82 |
| Balance sheet | ||||
| Cash & equivalents | $21.1M | $11.2M | $25.2M | $44.4M |
| Total assets | $111.8M | $89.9M | $123.1M | $134.4M |
| Total liabilities | $152.1M | $70.9M | $60.6M | $67.9M |
| Stockholders’ equity | -$40.3M | $19.0M | $62.5M | $66.5M |
| Total debt | $33.9M | $10.6M | $1.9M | $1.2M |
| Net debt | $12.8M | -$615.0K | -$23.4M | -$43.2M |
| Cash flow | ||||
| Operating cash flow | -$33.4M | -$34.7M | -$52.7M | -$54.5M |
| Capital expenditure | -$1.1M | -$1.6M | -$816.0K | -$985.0K |
| Free cash flow | -$34.6M | -$36.3M | -$53.5M | -$55.5M |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | $0.00 | $0.00 | $0.00 | $0.00 |