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 - Q2 2025 - Aug 5, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 135 % -29.7%
Quick Ratio 18.1 % +32.6%
Debt-to-equity 371 % +267%
Return On Equity -253 % -204%
Return On Assets -53.7 % -29.8%
Operating Margin -78.7 % -16.7%

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 13.1M shares +3.82%
Weighted Average Number of Shares Outstanding, Diluted 13.1M shares +3.82%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 64.1M USD -17.5%
Research and Development Expense 4.99M USD -21.3%
Selling and Marketing Expense 6.88M USD -56.1%
General and Administrative Expense 23.1M USD -23.2%
Operating Income (Loss) -50.5M USD +3.77%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -46.4M USD +6.16%
Income Tax Expense (Benefit) 469K USD -40%
Net Income (Loss) Attributable to Parent -46.8M USD +4.65%
Earnings Per Share, Basic -3 USD/shares +37.5%
Earnings Per Share, Diluted -3 USD/shares +32.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.52M USD -67.4%
Accounts Receivable, after Allowance for Credit Loss, Current 45.6M USD +9.97%
Inventory, Net 7.32M USD -57.1%
Other Assets, Current 3.66M USD -13%
Assets, Current 70.3M USD -16.6%
Property, Plant and Equipment, Net 1.93M USD -21.1%
Operating Lease, Right-of-Use Asset 930K USD -51.7%
Intangible Assets, Net (Excluding Goodwill) 0 USD -100%
Goodwill 7.27M USD +1.38%
Other Assets, Noncurrent 2.14M USD -20.7%
Assets 83M USD -17.3%
Accounts Payable, Current 17.9M USD +1.63%
Accrued Liabilities, Current 30.4M USD +33.2%
Contract with Customer, Liability, Current 1.49M USD -42.5%
Liabilities, Current 60.6M USD +18.2%
Operating Lease, Liability, Noncurrent 436K USD -60.6%
Other Liabilities, Noncurrent 1.95M USD -47.1%
Liabilities 73.9M USD +31.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -433K USD +1.14%
Retained Earnings (Accumulated Deficit) -367M USD -14.6%
Stockholders' Equity Attributable to Parent 9.04M USD -79.6%
Liabilities and Equity 83M USD -17.3%

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 5.91M USD -62.9%
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 929K USD -52.7%
Depreciation 300K USD 0%
Payments to Acquire Property, Plant, and Equipment 185K USD -73.5%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -46.8M USD +4.59%
Lessee, Operating Lease, Liability, to be Paid 1.07M USD -49.5%
Property, Plant and Equipment, Gross 5.28M USD +14.8%
Operating Lease, Liability, Current 493K USD -42.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 274K USD -69%
Lessee, Operating Lease, Liability, to be Paid, Year One 398K USD -14.4%
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 136K USD -6.85%
Lessee, Operating Lease, Liability, to be Paid, Year Three 242K USD -22.7%
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 376M USD +3.19%
Amortization of Intangible Assets 500K USD 0%
Deferred Tax Assets, Net of Valuation Allowance 534K USD -9.18%
Share-based Payment Arrangement, Expense 3.7M USD +10%
Interest Expense 731K USD +525%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%