FTC Solar, Inc.
FTCINasdaq
$3.85
↓ -10.5%Jul 17 close · end-of-day
Price
1Y↓ -20.3%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$86.2M
Enterprise Value
$103.2M
P/E
—
P/S
0.9
P/B
—
EV/EBITDA
—
PEG
—
FCF Yield
-45.3%
Dividend Yield
—
Revenue (TTM)
$96.1M
Net Income (TTM)
-$43.2M
Free Cash Flow (TTM)
-$39.1M
Gross Margin
1.4%
Operating Margin
-38.4%
Net Margin
-44.9%
ROE
701.9%
ROIC
-269.8%
Debt / Equity
-3.7
Net Cash
-$17.0M
Return 1Y
-23.8%
Company profile
FTC Solar, Inc. provides solar tracker systems, technology, software, and engineering services. It offers two-panel in-portrait single-axis tracker solutions under the Voyager brand name. The company also provides SunPath, a software solution to enhance energy production. FTC Solar was incorporated in 2017 and is headquartered in Austin, Texas.
- CEO
- Sean Hunkler
- Sector
- Manufacturing
- Industry
- Electronic Equipment
- Employees
- 220
- Headquarters
- Texas
- Website
- ftcsolar.com
Management & directors
- Carroll AnthonyChief Executive Officer
- Aminpour SasanChief Operating Officer
- Behnen CathyCHIEF FINANCIAL OFFICER
- Brandt YannChief Executive Officer
Roles derived from SEC Form 4 filings.
Earnings
FTCI Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$17.3M↓ -17.0%
Diluted EPS-$0.72↑ +24.1%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $187.4M | $270.5M | $123.1M | $127.0M | $47.4M | $99.7M |
| Gross profit | $3.6M | -$32.5M | -$27.2M | $8.3M | -$12.6M | -$880,000.00 |
| Operating income | -$16.9M | -$126.8M | -$99.6M | -$50.8M | -$52.8M | -$35.4M |
| Net income | -$15.9M | -$106.6M | -$99.6M | -$50.3M | -$48.6M | -$79.6M |
| Diluted EPS | -$0.23 | -$1.24 | -$0.98 | -$4.35 | -$3.83 | -$5.68 |
| Operating cash flow | $629,000.00 | -$132.9M | -$54.5M | -$52.7M | -$34.7M | -$33.4M |
| Free cash flow | $373,000.00 | -$133.9M | -$55.5M | -$53.5M | -$36.3M | -$34.6M |
| Gross margin | 1.9% | -12.0% | -22.1% | 6.5% | -26.6% | -0.9% |
| Operating margin | -9.0% | -46.9% | -80.9% | -40.0% | -111.6% | -35.5% |
| Net margin | -8.5% | -39.4% | -80.9% | -39.6% | -102.6% | -79.8% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.4M | $10.1M | $13.2M | $20.8M | $20.0M | $26.0M | $32.9M | $17.3M |
| Gross profit | -$2.3M | -$4.3M | -$3.8M | -$3.4M | -$3.9M | $1.6M | $4.9M | -$1.2M |
| Operating income | -$11.9M | -$15.0M | -$13.4M | -$10.6M | -$11.5M | -$7.7M | -$5.7M | -$12.1M |
| Net income | -$12.2M | -$15.4M | -$12.2M | -$3.8M | -$15.4M | -$23.9M | -$36.4M | $32.6M |
| Diluted EPS | -$0.97 | -$1.21 | -$0.95 | -$0.58 | -$1.18 | -$1.61 | -$2.31 | -$0.72 |
| Operating cash flow | -$3.8M | -$2.4M | -$16.7M | -$8.5M | -$2.3M | -$14.6M | -$8.0M | -$12.8M |
| Free cash flow | -$4.5M | -$2.6M | -$17.0M | -$8.6M | -$2.5M | -$15.1M | -$8.4M | -$13.0M |
| Gross margin | -20.5% | -42.5% | -29.1% | -16.6% | -19.6% | 6.1% | 14.9% | -7.1% |
| Operating margin | -104.3% | -147.8% | -101.7% | -50.8% | -57.5% | -29.6% | -17.2% | -69.8% |
| Net margin | -107.1% | -151.5% | -92.7% | -18.4% | -77.2% | -92.0% | -110.7% | 188.8% |
Company news
May 17, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-05-07 | ALVAREZ ANTONIO R | Buy | 2,500 | $4.23 | $10,575.00 | filing |
| 2026-05-06 | SADASIVAM SHAKER | Buy | 27,025 | $3.70 | $99,992.50 | filing |
| 2026-05-06 | Carroll Anthony· Chief Executive Officer | Buy | 7,250 | $3.43 | $24,867.50 | filing |
| 2026-05-06 | ALVAREZ ANTONIO R | Buy | 2,500 | $3.98 | $9,950.00 | filing |
| 2026-05-04 | Carroll Anthony· Chief Executive Officer | Award | 400,000 | $0.00 | $0.00 | filing |
| 2026-05-04 | Carroll Anthony· Chief Executive Officer | Award | 200,000 | $0.00 | $0.00 | filing |
| 2025-12-30 | Brandt Yann· Chief Executive Officer | Sale | 37,450 | $10.83 | $405,583.50 | filing |
| 2025-12-30 | Aminpour Sasan· Chief Operating Officer | Sale | 3,239 | $10.93 | $35,402.27 | filing |
| 2025-12-30 | Behnen Cathy· CHIEF FINANCIAL OFFICER | Sale | 1,646 | $10.93 | $17,990.78 | filing |
| 2025-12-30 | Brandt Yann· Chief Executive Officer | Sale | 325 | $11.67 | $3,792.75 | filing |
| 2025-12-16 | Carroll Anthony | Buy | 10,638 | $9.53 | $101,380.14 | filing |
| 2025-12-15 | Carroll Anthony | Award | 13,567 | $0.00 | $0.00 | filing |
| 2025-12-02 | Brandt Yann· Chief Executive Officer | Gift | 2,500 | $0.00 | $0.00 | filing |
| 2025-11-18 | Springer David | Sale | 100,000 | $8.98 | $898,000.00 | filing |
| 2025-08-05 | ALVAREZ ANTONIO R | Award | 13,576 | $0.00 | $0.00 | filing |
| 2025-08-05 | ALVAREZ ANTONIO R | Award | 7,707 | $0.00 | $0.00 | filing |
Latest 16 transactions.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.