FTCI — FTC Solar Inc
NASDAQ · Technology · Solar
$2.35
+$0.06 (+2.39%)
FTC Solar Inc (FTCI) is a solar company listed on NASDAQ. It is led by Anthony Carroll, based in 10900 Stonelake Boulevard, Austin, TX, United States, 78759, with about 232 employees. 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.
Latest reported FTCI revenue for 2025-09-30 was $26.0M. Net income was -$23.9M. Revenue was up 30.2% from 2025-06-30 to 2025-09-30. FTCI currently screens at market cap $76.0M.
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About FTC Solar Inc
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.
FTCI Key Statistics
Market Cap
$76.03M
Volume
429,905
Previous Close
$2.13
Day Range
$1.99 – $2.19
EPS
-$3.83
Revenue
$47.35M
Net Income
-$48.61M
Gross Profit
$0.00
Free Cash Flow
$0.00
Revenue Growth
-62.7%
Profit Margin
-102.6%
Employees
232
FTCI Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Revenue | $47.35M | $127.00M | $123.07M | $270.52M |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | -$48.61M | -$50.29M | -$99.61M | -$106.59M |
| EPS (Diluted) | -$3.83 | -$4.35 | -$0.98 | -$1.24 |
Total Assets
$89.93M
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$11.25M
Operating Cash Flow
-$34.70M
Free Cash Flow
$0.00
FTC Solar Inc Company Information
- President, CEO & Director
- Anthony Carroll
- Headquarters
- 10900 Stonelake Boulevard, Austin, TX, United States, 78759
- Website
- ftcsolar.com
- Phone
- (512) 481-4271
- IPO / Founded
- 2021-04-28
- Sector
- Technology
- Industry
- Solar