FTC Solar, Inc.
NASDAQ:FTCI
5.05 (USD) • At close July 17, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 | 2021 Q4 | 2021 Q3 | 2021 Q2 | 2021 Q1 | 2020 Q4 | 2020 Q3 | 2020 Q2 | 2020 Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities: | |||||||||||||||||||||
| Net Income
| -3.819 | -12.235 | -15.359 | -12.241 | -8.771 | -11.177 | -16.937 | -10.414 | -11.762 | -20.501 | -25.636 | -25.683 | -27.793 | -23.882 | -19.424 | -55.841 | -7.442 | -9.728 | -2.84 | -6.776 | 3.42 |
| Depreciation & Amortization
| 0.302 | 0.442 | 0.417 | 0.408 | 0.404 | 0.371 | 0.338 | 0.332 | 0.334 | 0.318 | 0.317 | 0.144 | 0.121 | -0.151 | 0.341 | 0.033 | 0.009 | 0.004 | 0.003 | 0.003 | 0.037 |
| Deferred Income Tax
| 0.426 | -0.137 | -0.003 | -0.002 | 0.225 | -0.083 | 0.037 | -0.032 | 0.216 | 0.196 | -0.331 | 0 | 0 | 6.386 | 0.341 | 0.02 | -0.02 | -0.001 | 1.323 | 0.001 | -0.003 |
| Stock Based Compensation
| 0.28 | 1.169 | 1.319 | 1.285 | 1.639 | -0.749 | 1.192 | 2.962 | 4.89 | 9.156 | 5.539 | 0.998 | 4.61 | 3.233 | 1.891 | 56.192 | 0.449 | 0.437 | 0.448 | 0.475 | 0.458 |
| Change In Working Capital
| 0 | -8.729 | -1.506 | 5.309 | -3.803 | 2.104 | -5.89 | -17.282 | -4.022 | -1.83 | 5.295 | 35.995 | -30.169 | -26.109 | 8.706 | -36.427 | -21.352 | 22.711 | 9.611 | -14.403 | -10.004 |
| Accounts Receivables
| -4.437 | -3.106 | 3.423 | 24.951 | -1.77 | 3.025 | -8.746 | -6.467 | -11.412 | 3.856 | 23.084 | 55.049 | -24.652 | -53.706 | -6.747 | -3.04 | -20.23 | 2.509 | 16.848 | -32.431 | 3.364 |
| Change In Inventory
| 3.316 | 4.98 | 1.937 | 0 | -0.116 | 1.305 | 1.39 | 2.565 | 5.078 | 0.672 | -3.745 | -4.771 | -0.058 | 2.326 | -3.467 | -3.536 | -2.587 | 4.342 | -5.644 | -0.007 | 4.128 |
| Change In Accounts Payables
| 1.688 | -5.659 | 1.139 | 5.494 | 3.989 | -1.8 | -17.407 | 3.365 | 7.882 | -11.073 | -7.924 | -11.201 | 7.258 | 22.194 | -10.254 | -3.194 | 12.913 | 4.927 | 3.86 | 1.085 | -0.936 |
| Other Working Capital
| 0 | -4.944 | -8.005 | -25.136 | -5.906 | -0.426 | 18.873 | -16.745 | -5.57 | 4.715 | -6.12 | 3.781 | -12.717 | 3.077 | 29.174 | -26.657 | -11.448 | 10.933 | -5.453 | 16.95 | -16.56 |
| Other Non Cash Items
| -5.672 | 2.799 | 12.759 | 1.463 | -1.207 | 3.261 | 5.686 | 1.941 | 2.028 | 7.236 | 2.129 | 0.286 | 0.125 | 0.082 | 0.027 | -21.284 | 1.368 | 0.704 | -0.268 | 4.085 | -0.208 |
| Operating Cash Flow
| -8.483 | -16.691 | -2.373 | -3.778 | -11.857 | -6.273 | -15.574 | -22.493 | -8.316 | -5.425 | -12.687 | 16.708 | -53.106 | -40.441 | -8.118 | -57.307 | -26.988 | 14.127 | 8.277 | -16.615 | -6.3 |
| Investing Activities: | |||||||||||||||||||||
| Investments In Property Plant And Equipment
| -0.083 | -0.29 | -0.224 | -0.699 | -0.432 | -0.356 | -0.265 | -0.167 | -0.028 | -0.171 | -0.131 | -0.16 | -0.523 | -0.246 | -0.486 | -0.208 | -0.085 | -0.256 | 0 | 0 | 0 |
| Acquisitions Net
| 0 | 4.722 | -2.285 | -0.765 | 3.05 | 0.421 | 0 | 0 | -0.002 | 0.086 | -3.703 | 0.018 | 0.337 | -0.21 | 0.21 | 22.122 | 0 | 0 | 0 | 0 | 0 |
| Purchases Of Investments
| 0 | 0 | 1.8 | 0 | -1.035 | 0.9 | 0 | 0 | -0.9 | 0 | -1.441 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales Maturities Of Investments
| 0 | 0 | -4.085 | 0 | 4.085 | 0.421 | 0 | 0 | 0 | -0.086 | 1.441 | 0.053 | 0.337 | 0 | 0.21 | 22.122 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activites
| 3.207 | 0.9 | 4.57 | 0 | 3.05 | -0.421 | 0 | 0 | 0.9 | 0 | 0.033 | 0.053 | 0.337 | 0.21 | 0.21 | 22.122 | 0 | 2.124 | 0 | 0 | 0 |
| Investing Cash Flow
| 3.124 | 5.332 | -0.224 | -1.464 | 2.618 | 0.065 | -0.265 | -0.167 | -0.03 | -0.171 | -3.801 | -0.089 | -0.186 | -0.246 | -0.276 | 21.914 | -0.085 | 1.868 | 0 | 0 | 0 |
| Financing Activities: | |||||||||||||||||||||
| Debt Repayment
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | -3 | -2 | -1.216 | 0 |
| Common Stock Issued
| 0 | 0 | -0.003 | 0.003 | 0 | -0.183 | 13.367 | 15.19 | 5.45 | 0.115 | 0.274 | 0.086 | 0.428 | -0.159 | 0.107 | 241.168 | 0.039 | 0 | 0 | 0 | 30 |
| Common Stock Repurchased
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -54.155 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities
| 0.003 | 14.495 | 0 | 0.003 | 0 | -0.183 | 0.189 | -0.164 | 0.019 | 0.115 | 0.274 | 0.086 | 0.428 | 2.388 | -0.726 | -6.209 | -1.084 | -1.14 | 0 | 0 | 0 |
| Financing Cash Flow
| 0.003 | 14.495 | 0 | 0.003 | 0 | -0.183 | 13.556 | 15.108 | 5.469 | 0.115 | 0.274 | 0.086 | 0.428 | 2.229 | -0.619 | 180.804 | -2.045 | -3 | -2 | -1.216 | 30 |
| Other Information: | |||||||||||||||||||||
| Effect Of Forex Changes On Cash
| 0.018 | -0.144 | 0.073 | 0.081 | -0.059 | 0.106 | -0.014 | -0.124 | -0.015 | 0.046 | 0.009 | -0.063 | 0.062 | -0.019 | 0.003 | 0.005 | 0.001 | 0.017 | -0.012 | -0.016 | 0.008 |
| Net Change In Cash
| -5.338 | 2.992 | -2.524 | -5.158 | -9.298 | -6.285 | -2.297 | -7.676 | -2.892 | -5.435 | -16.205 | 16.642 | -52.802 | -38.477 | -9.01 | 144.332 | -28.033 | 13.012 | 6.265 | -17.847 | 23.708 |
| Cash At End Of Period
| 5.909 | 11.247 | 8.255 | 10.779 | 15.937 | 25.235 | 31.52 | 33.817 | 41.493 | 44.385 | 49.82 | 66.025 | 49.383 | 102.185 | 140.662 | 149.672 | 5.34 | 33.373 | 20.361 | 14.096 | 31.943 |