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FTCI · NASDAQ · Solar

FTC Solar (FTCI)

Supplies solar trackers, software, and engineering for utility-scale projects.

$2.78

After-hours close+0.15 (+5.70%)

At close$2.63(+12.39%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	31	23	13	11	10	13	21	20	26	33	17	26
Cost of revenue	27	23	15	14	14	17	24	24	24	26	18	28
Gross profit	3	1	−2	−2	−4	−4	−3	−4	2	7	−1	−2
	20	12	10	10	11	10	7	8	9	11	11	11
Research & development	2	1	1	2	1	1	1	1	1	1	1	1
	18	11	9	8	9	8	6	6	8	9	10	10
Selling & marketing	6	5	2	2	2	2	1	1	2	2	2	2
General & administrative	11	6	7	6	7	6	5	5	6	7	8	8
Other expenses	0	0	0	0	0	0	0	0	0	0	0	0
Operating income	−16	−12	−13	−12	−15	−13	−11	−11	−8	−4	−12	−14
	0	0	4	0	0	1	7	−4	−16	−30	45	−13
Interest income	0	0	0	0	0	0	0	0	0	0	0	0
Interest expense	0	0	0	0	0	0	1	1	2	4	4	4
Other non-operating income	0	0	−4	0	0	−1	−6	3	14	26	−49	−9
Income before tax	−17	−12	−9	−12	−15	−12	−4	−15	−24	−34	33	−27
Income tax expense	0	−1	0	0	0	0	0	0	0	0	0	0
Net income from continuing operations	−17	−11	−9	−12	−15	−12	−4	−15	−24	−34	33	−27
Net income	−17	−11	−9	−12	−15	−12	−4	−15	−24	−34	33	−27
EPS, basic	−$0.14	−$0.09	−$0.70	−$0.97	−$1.20	−$0.96	−$0.30	−$1.18	−$1.61	−$2.23	−$0.72	−$1.69
EPS, diluted	−$0.14	−$0.09	−$0.70	−$0.97	−$1.20	−$0.96	−$0.58	−$1.18	−$1.61	−$2.23	−$0.72	−$1.69
Weighted average shares, basic	12	13	13	13	13	13	13	13	15	15	15	16
Weighted average shares, diluted	12	13	13	13	13	13	15	13	15	15	15	16
EBITDA	−16	−11	−8	−12	−15	−12	−4	−14	−22	−29	37	−4
Depreciation & amortization	0	0	0	0	0	0	0	0	0	0	0	0
EBIT	−17	−12	−9	−12	−15	−12	−4	−15	−22	−29	37	−5