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Stocks Technology FTCI

NASDAQ · Technology

FTC Solar, Inc. (FTCI)

FTC Solar, Inc. brought in $102.3M of revenue over the twelve months to June 30, 2026, up 59.5% from a year earlier. It posted a net loss of $54.9M. In fiscal 2025 capital spending exceeded operating cash flow by $34.6M. At June 30, 2026 it held $10.1M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 5, 2026.

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Price
$1.55
-2.52% on the day · November 10, 2026
52-week range $1.17 to $12.75
Market cap
$25.6M
Revenue (last 12 months)
$102.3M
+59.5% year on year
Net margin
-53.6%

Key facts about FTC Solar, Inc.

Net worth
FTC Solar, Inc. has a market value (market cap) of $25.6M at the latest share price, and shareholders' equity of -$30.3M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2025 revenue was $99.7M (+110.5% year on year), with a net loss of $79.6M. Over the 12 months to June 30, 2026: revenue $102.3M, net loss $54.9M.
Cash flow
In fiscal 2025 operations used $33.4M of cash.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 5, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
Next earnings report
FTC Solar, Inc.'s next report is expected around November 11, 2026. That is an estimate from its filing rhythm, not a date the company has announced.

What FTC Solar, Inc. does

FTC Solar, Inc. is registered with the SEC under industry code SIC 3674 (Semiconductors & Related Devices). Its shares trade on NASDAQ under the ticker FTCI.

Revenue and profit by year

Revenue
FY19: $53.1M $53.1M FY19FY21: $187.4M $187.4M FY21FY21: $270.5M $270.5M FY21FY22: $123.1M $123.1M FY22FY23: $127M $127M FY23FY24: $47.4M $47.4M FY24FY25: $99.7M $99.7M FY25
Net income
FY19: -$13.5M -$13.5M FY19FY21: -$15.9M -$15.9M FY21FY21: -$106.6M -$106.6M FY21FY22: -$99.6M -$99.6M FY22FY23: -$50.3M -$50.3M FY23FY24: -$48.6M -$48.6M FY24FY25: -$79.6M -$79.6M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$99.7M-$35.4M-$79.6M-$5.68-$34.6M
2024$47.4M-$52.8M-$48.6M-$3.83-$36.3M
2023$127M-$50.8M-$50.3M-$4.35-$53.5M
2022$123.1M-$99.6M-$99.6M-$9.69-$55.5M
2021$270.5M-$126.8M-$106.6M-$12.26-$133.9M
2021$187.4M-$16.9M-$15.9M-$2.27$373K

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around November 11, 2026.

Estimated from its filing rhythm: 52 weeks after its report of November 12, 2025. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where FTCI ranks in Technology

Revenue$99.7M
#448 of 751 in Technology · Bottom 40%
Revenue growth+110.5%
#30 of 604 in Technology · Top 5%
Net margin-79.8%
#562 of 611 in Technology · Bottom 8%
Free cash flow margin-34.7%
#511 of 568 in Technology · Bottom 10%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Technology

Latest SEC filings

What FTC Solar, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. October 5, 2026
    Material agreement8-KFTC Solar amended its credit agreement to defer a $5,000,000 debt repayment and postpone financial covenant tests into 2027.
  2. August 11, 2026
  3. August 11, 2026
  4. August 5, 2026
    Quarterly report 10-Q · period to June 30, 2026Revenue rose 31% to $26.2M versus the same quarter last year; diluted EPS -$1.69 versus -$1.18.
  5. August 5, 2026
  6. June 15, 2026
    Annual report (amended) 10-K/A · period to December 31, 2025Revenue rose 111% to $99.7M versus the prior year; diluted EPS -$5.68 versus -$3.83.
  7. May 29, 2026
  8. May 5, 2026
    Quarterly report 10-Q · period to March 31, 2026Revenue fell 17% to $17.3M versus the same quarter last year; diluted EPS -$0.72 versus -$0.58.
  9. May 5, 2026
  10. April 28, 2026
    Annual report (amended) 10-K/A · period to December 31, 2025Revenue rose 111% to $99.7M versus the prior year; diluted EPS -$5.68 versus -$3.83.

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 1, 2026. Insider transactions on SEC

Insider trades

What the people running FTC Solar, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders bought $489.3K worth of shares on the open market in the last 90 days and sold none.

Bought (open market)
$489.3K
last 90 days
Sold
$0
last 90 days
Net bought
198,701
$489.3K
DateInsiderWhatSharesPriceValueFiling
August 28, 2026 Sadasivam ShakerDirector Bought 101,083 $2.69 $271.9K Form 4
August 27, 2026 Sadasivam ShakerDirector Bought 39,583 $2.35 $93K Form 4
August 26, 2026 Sadasivam ShakerDirector Bought 33,290 $2.19 $72.9K Form 4
August 25, 2026 Carroll AnthonyChief Executive Officer, Director Bought 24,745 $2.08 $51.5K Form 4
May 7, 2026 Alvarez Antonio RDirector Bought 2,500 $4.23 $10.6K Form 4
May 6, 2026 Sadasivam ShakerDirector Bought 27,025 $3.70 $100K Form 4
May 6, 2026 Carroll AnthonyChief Executive Officer, Director Bought 7,250 $3.43 $24.9K Form 4
May 6, 2026 Alvarez Antonio RDirector Bought 2,500 $3.98 $10K Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns FTCI

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Shaker Sadasivam13G, passive with 1 related filers 11.7% 1,508,788 February 14, 2025
David Springer13G, passive 5.3% 830,158 February 13, 2026

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

7 insiders reported holding 2,851,862 shares in total, about $4.4M at the last price.

HolderSharesAs of
Brandt YannChief Executive Officer, Director 776,425 December 30, 2025
Springer DavidDirector 689,222 November 18, 2025
Carroll AnthonyChief Executive Officer, Director 666,200 August 25, 2026
Aminpour SasanChief Operating Officer 269,734 December 30, 2025
Sadasivam ShakerDirector 255,464 August 28, 2026
Behnen CathyCHIEF FINANCIAL OFFICER 143,534 December 30, 2025
Alvarez Antonio RDirector 51,283 May 7, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about FTCI

What does FTC Solar, Inc. do?

FTC Solar, Inc. is a company in the Technology sector, listed on NASDAQ as FTCI. Its shares trade on NASDAQ under the ticker FTCI.

What is FTC Solar, Inc.'s net worth?

FTC Solar, Inc. has a market value (market cap) of $25.6M at the latest share price, and shareholders' equity of -$30.3M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is FTC Solar, Inc. profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $54.9M on revenue of $102.3M.

How much revenue does FTC Solar, Inc. make?

Over the twelve months to June 30, 2026 FTC Solar, Inc. reported revenue of $102.3M. That is 59.5% more than a year earlier.

When did FTC Solar, Inc. last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 5, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the material agreement from October 5, 2026.

When is FTC Solar, Inc.'s next earnings report?

FTC Solar, Inc.'s next report is expected around November 11, 2026. That is an estimate from its filing rhythm, not a date the company has announced.

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Where the numbers come from

Financial figures are the values FTC Solar, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.