FTC Solar, Inc. financial data

Symbol
FTCI on Nasdaq
Location
9020 N Capital Of Texas Hwy, Suite I 260, Austin, TX
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2025 - Nov 12, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 144 % -15.3%
Quick Ratio 14.6 % -20.3%
Debt-to-equity 1.13K % +816%
Return On Equity -742 % -650%
Return On Assets -60.2 % -36.1%
Operating Margin -54 % +39.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 14.9M shares -88.3%
Common Stock, Shares, Outstanding 14.9M shares -88.3%
Entity Public Float 29.8M USD -87%
Common Stock, Value, Issued 1K USD -92.3%
Weighted Average Number of Shares Outstanding, Basic 14.9M shares +17%
Weighted Average Number of Shares Outstanding, Diluted 14.9M shares +17%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 80M USD +39.5%
Research and Development Expense 4.76M USD -19.3%
Selling and Marketing Expense 6.15M USD -47.7%
General and Administrative Expense 22.7M USD -10.8%
Operating Income (Loss) -43.2M USD +15.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -55.2M USD -15.5%
Income Tax Expense (Benefit) 269K USD -82%
Net Income (Loss) Attributable to Parent -55.4M USD -16.6%
Earnings Per Share, Basic -4 USD/shares +41.4%
Earnings Per Share, Diluted -4 USD/shares +37.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 24.4M USD +195%
Accounts Receivable, after Allowance for Credit Loss, Current 49.2M USD +31.7%
Inventory, Net 7.66M USD -49.4%
Other Assets, Current 3.49M USD -15.6%
Assets, Current 96.6M USD +26.7%
Property, Plant and Equipment, Net 2.23M USD -7.47%
Operating Lease, Right-of-Use Asset 1.03M USD -40.3%
Intangible Assets, Net (Excluding Goodwill) 0 USD -100%
Goodwill 7.31M USD -1.47%
Other Assets, Noncurrent 2.07M USD -17.5%
Assets 112M USD +21.6%
Accounts Payable, Current 16.3M USD -13%
Accrued Liabilities, Current 26.9M USD +12%
Contract with Customer, Liability, Current 4.41M USD -0.81%
Liabilities, Current 58.1M USD +1.37%
Operating Lease, Liability, Noncurrent 583K USD -34%
Other Liabilities, Noncurrent 1.77M USD -42.2%
Liabilities 125M USD +104%
Accumulated Other Comprehensive Income (Loss), Net of Tax -396K USD -71.4%
Retained Earnings (Accumulated Deficit) -391M USD -16.5%
Stockholders' Equity Attributable to Parent -13.7M USD -145%
Liabilities and Equity 112M USD +21.6%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -8.48M USD +28.5%
Net Cash Provided by (Used in) Financing Activities 0 USD -100%
Net Cash Provided by (Used in) Investing Activities 3.12M USD +19.3%
Common Stock, Shares Authorized 850M shares 0%
Common Stock, Shares, Issued 14.9M shares -88.3%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -5.34M USD +42.6%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 24.4M USD +195%
Deferred Tax Assets, Valuation Allowance 86.6M USD +14.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 87.1M USD +14%
Operating Lease, Liability 1.01M USD -42.6%
Depreciation 300K USD 0%
Payments to Acquire Property, Plant, and Equipment 1M USD +97.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -55.6M USD -17.6%
Lessee, Operating Lease, Liability, to be Paid 1.22M USD -35.2%
Property, Plant and Equipment, Gross 5.86M USD +21%
Operating Lease, Liability, Current 424K USD -51.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 475K USD -46.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 171K USD -26.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) 426K USD +89.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 210K USD +70.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 420K USD +34.2%
Deferred Tax Assets, Operating Loss Carryforwards 74.6M USD +16.5%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 1.04M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 70K USD -75.9%
Additional Paid in Capital 378M USD +3.13%
Amortization of Intangible Assets 500K USD 0%
Deferred Tax Assets, Net of Valuation Allowance 534K USD -9.18%
Share-based Payment Arrangement, Expense 3.51M USD +0.52%
Interest Expense 2.32M USD +14100%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%