Explore 3 Stock Ideas & Industry Insights Download Free Report

18889881171
Shopping Cart 0
countryflagUS
Login

FTC Solar Inc

Technology US FTCI

4.32USD
-0.17(3.79%)

Last update at 2026-06-12T20:02:00Z

Day Range

4.324.69
LowHigh

52 Week Range

2.7912.75
LowHigh

Fundamentals

  • Previous Close 4.49
  • Market Cap76.68M
  • Volume60572
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-34.20900M
  • Revenue TTM99.69M
  • Revenue Per Share TTM7.11
  • Gross Profit TTM -0.84600M
  • Diluted EPS TTM-5.68

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Analyst Recommendations

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -76.39600M -48.37600M -50.62800M -99.17800M -106.42000M
Minority interest - - - - -
Net income -76.92100M -48.60600M -50.29000M -99.61300M -106.58900M
Selling general administrative 23.95M 25.44M 37.11M 53.74M 75.90M
Selling and marketing expenses 6.20M 8.88M 14.81M 8.66M 6.82M
Gross profit 1.13M -12.59400M 8.31M -27.22800M -32.54500M
Reconciled depreciation 1.27M 1.67M 1.32M 0.90M 0.23M
Ebit -33.42700M -48.05700M -50.37500M -99.57200M -126.80400M
Ebitda -32.14000M -46.38600M -49.00000M -99.04500M -126.99300M
Depreciation and amortization 1.29M 1.67M 1.38M 0.53M -0.18900M
Non operating income net other - - - - 21.20M
Operating income -33.41500M -52.83000M -50.77700M -99.57200M -126.80400M
Other operating expenses 133.10M 100.19M 177.78M 222.64M 397.33M
Interest expense 7.56M 0.32M 0.25M 0.98M 0.81M
Tax provision 0.53M 0.23M 0.59M 0.43M -0.16900M
Interest income 0.02M 0.35M - - -
Net interest income -8.18200M -0.31900M -0.29000M -0.97800M 0.81M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.53M 0.23M -0.33800M 0.43M 0.17M
Total revenue 99.69M 47.35M 127.00M 123.07M 270.52M
Total operating expenses 34.54M 40.24M 59.08M 72.34M 94.26M
Cost of revenue 98.56M 59.95M 118.69M 150.29M 303.07M
Total other income expense net -42.98100M 4.45M 0.15M 0.39M 20.38M
Discontinued operations - - - - -
Net income from continuing ops -79.57700M -48.60600M -59.61400M -99.61300M -106.58900M
Net income applicable to common shares - - - -99.61300M -106.58900M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 111.81M 89.93M 123.07M 134.40M 243.02M
Intangible assets - - 0.54M 1.11M -
Earning assets - - - - -
Other current assets 11.29M 15.03M 7.90M 10.30M 1.06M
Total liab 152.11M 70.89M 60.60M 67.95M 100.15M
Total stockholder equity -40.30200M 19.04M 62.47M 66.45M 142.87M
Deferred long term liab - - - 0.90M 1.60M
Other current liab 21.74M 29.69M 42.33M 32.81M 52.11M
Common stock 0.00200M 0.00100M 0.01M 0.01M 0.00900M
Capital stock 0.00200M 0.00100M 0.01M 0.01M 0.00900M
Retained earnings -424.66200M -347.74100M -299.13500M -248.84500M -149.23200M
Other liab - - - 6.82M 5.57M
Good will 7.44M 7.14M 7.35M 7.54M -
Other assets - - 0.00000M 4.20M 3.93M
Cash 21.11M 11.25M 25.23M 44.38M 102.19M
Cash and equivalents - - - - -
Total current liabilities 75.49M 49.07M 54.66M 60.34M 93.25M
Current deferred revenue 7.17M 5.31M 3.61M 11.32M 1.42M
Net debt 12.78M -0.61500M -23.37100M -43.18200M -100.39300M
Short term debt 33.33M 0.76M 0.74M 0.42M 0.45M
Short long term debt 12.68M - - - -
Short long term debt total 33.88M 10.63M 1.86M 1.20M 1.79M
Other stockholder equity 384.65M 367.32M 361.89M 315.35M 292.08M
Property plant equipment - - - 2.86M 3.31M
Total current assets 97.77M 76.13M 108.51M 118.69M 235.78M
Long term investments 0.00000M 0.95M 0.24M - 0.00000M
Net tangible assets - - - 57.80M 142.87M
Short term investments - - - - -
Net receivables 55.74M 39.71M 65.28M 49.05M 107.55M
Long term debt 9.92M 9.47M - - -
Inventory 9.63M 10.14M 10.09M 14.95M 8.86M
Accounts payable 13.25M 12.99M 7.98M 15.80M 39.26M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -0.29000M -0.54200M -0.29300M -0.06100M 0.00700M
Additional paid in capital - - - - -
Common stock total equity - - - - 0.00900M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -149.23200M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1.82M 2.34M 2.24M 4.20M 3.93M
Deferred long term asset charges - - - - -
Non current assets total 14.04M 13.80M 14.56M 15.71M 7.24M
Capital lease obligations 0.96M 1.17M 1.86M 1.20M 1.34M
Long term debt total - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - 6.26M -0.63300M -4.24700M 22.33M
Change to liabilities - - - -13.04500M 0.10M
Total cashflows from investing activities 2.80M 6.26M -0.39700M -4.24700M 21.31M
Net borrowings 35.95M 14.55M 0.00000M - -1.00000M
Total cash from financing activities 40.40M 14.50M 33.95M 0.90M 180.37M
Change to operating activities - - - -27.59200M 18.07M
Net income -76.92100M -48.60600M -50.29000M -99.61300M -106.58900M
Change in cash 9.86M -13.98800M -19.15000M -57.80000M 68.81M
Begin period cash flow 11.25M 25.23M 44.38M 102.19M 33.37M
End period cash flow 21.11M 11.25M 25.23M 44.38M 102.19M
Total cash from operating activities -33.44400M -34.69900M -52.65600M -54.51000M -132.85400M
Issuance of capital stock 4.71M 0.00000M 34.01M 0.00000M 241.16M
Depreciation 1.27M 1.67M 1.38M 0.90M 0.23M
Other cashflows from investing activities 3.35M 0.90M - - -
Dividends paid - - - - 0.32M
Change to inventory 1.43M -6.41600M 10.34M -7.90200M -7.26400M
Change to account receivables -10.19100M 23.50M -23.60000M 57.34M -83.72300M
Sale purchase of stock - - 0.00000M 0.00000M -54.15500M
Other cashflows from financing activities - -0.05200M -0.05700M 0.90M -5.31400M
Change to netincome - - - 34.70M 45.86M
Capital expenditures 1.13M 1.65M 0.82M 0.98M 1.02M
Change receivables - - - - -83.72300M
Cash flows other operating - - - - -12.67700M
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - 68.82M
Change in working capital -10.95900M -0.53000M -24.72500M 9.29M -75.18200M
Stock based compensation 4.96M 5.41M 8.29M 20.30M 61.77M
Other non cash items 47.98M 12.68M 12.55M 14.74M -0.40200M
Free cash flow -34.57300M -36.34400M -53.47200M -55.49500M -133.87900M

Peer Comparison

Sector: Technology Industry: Solar

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
FTCI
FTC Solar Inc		 -0.17 3.79% 4.32 - 18.83 0.77 18.26 0.77 -0.7023
FSLR
First Solar Inc		 -3.86 1.42% 267.31 13.14 11.49 3.84 2.17 3.54 8.58
ENPH
Enphase Energy Inc		 -0.34 0.62% 54.59 136.61 18.32 6.79 9.24 6.51 53.17
NXT
Nextracker Inc. Class A Common Stock		 2.20 1.84% 121.88 16.44 12.44 2.71 15.50 2.46 15.56
XISHY
Xinyi Solar Holdings Limited		 - -% 6.41 11.55 14.93 0.22 1.24 0.24 1.12

Reports Covered

Stock Research & News

View All

Profile

FTC Solar, Inc. engages in the manufacture and service of solar tracker systems in the United States, Asia, Europe, the Middle East, North Africa, South Africa, and Australia. The company provides a two modules-in-portrait solar tracker system under the Voyager brand name; and a one module-in-portrait solar tracker solution under the Pioneer brand name. It also offers trackers and software solutions for the utility-scale solar energy markets, as well as for the project developers, solar asset owners, and engineering, procurement, and construction contractors that design and build solar energy projects. The company was incorporated in 2017 and is headquartered in Austin, Texas.

FTC Solar Inc

10900 Stonelake Boulevard, Austin, TX, United States, 78759

Key Executives

Name Title Year Born
Mr. Sean Hunkler Pres, CEO & Director 1962
Mr. Deepak Navnith Exec. Officer 1975
Mr. R. Phelps Morris Chief Financial Officer 1974
Ms. Cathy Behnen Chief Accounting Officer NA
Mr. Nagendra Cherukupalli Chief Technology Officer 1960
Mr. Bill Michalek VP of Investor Relations NA
Jacob D. Wolf Esq. Gen. Counsel & Sec. NA
Mr. Kristian Nolde VP of Marketing & Strategy 1978
Ms. Giselle Phan Chief People Officer NA
Mr. Patrick M. Cook Chief Commercial Officer 1984

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.