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.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Revenue
| 47.355 | 127.002 | 123.066 | 270.525 | 187.352 | 53.124 |
| Cost of Revenue
| 59.949 | 118.695 | 150.294 | 303.07 | 183.713 | 55.075 |
| Gross Profit
| -12.594 | 8.307 | -27.228 | -32.545 | 3.639 | -1.951 |
| Gross Profit Ratio
| -0.266 | 0.065 | -0.221 | -0.12 | 0.019 | -0.037 |
| Reseach & Development Expenses
| 5.915 | 7.166 | 9.949 | 11.54 | 5.222 | 3.96 |
| General & Administrative Expenses
| 25.44 | 37.107 | 53.736 | 75.896 | 11.798 | 4.563 |
| Selling & Marketing Expenses
| 8.881 | 14.811 | 8.659 | 6.823 | 3.545 | 1.897 |
| SG&A
| 34.321 | 51.918 | 62.395 | 82.719 | 15.343 | 6.46 |
| Other Expenses
| 0 | 0 | -0.373 | -0.067 | 0 | 0 |
| Operating Expenses
| 40.236 | 59.084 | 72.344 | 94.259 | 20.565 | 10.42 |
| Operating Income
| -52.83 | -50.777 | -99.572 | -126.804 | -16.926 | -12.371 |
| Operating Income Ratio
| -1.116 | -0.4 | -0.809 | -0.469 | -0.09 | -0.233 |
| Total Other Income Expenses Net
| 4.454 | 0.149 | 0.394 | 20.384 | -0.48 | -1.163 |
| Income Before Tax
| -48.376 | -50.628 | -99.178 | -106.42 | -17.406 | -13.534 |
| Income Before Tax Ratio
| -1.022 | -0.399 | -0.806 | -0.393 | -0.093 | -0.255 |
| Income Tax Expense
| 0.23 | -0.338 | 0.435 | 0.169 | -0.083 | -0.039 |
| Net Income
| -48.606 | -50.29 | -99.613 | -106.589 | -17.323 | -13.495 |
| Net Income Ratio
| -1.026 | -0.396 | -0.809 | -0.394 | -0.092 | -0.254 |
| EPS
| -3.83 | -0.44 | -0.98 | -1.24 | -0.2 | -0.16 |
| EPS Diluted
| -3.83 | -0.44 | -0.98 | -1.24 | -0.2 | -0.16 |
| EBITDA
| -46.04 | -49 | -97.3 | -105.374 | -16.879 | -11.959 |
| EBITDA Ratio
| -0.972 | -0.386 | -0.791 | -0.39 | -0.09 | -0.225 |