MARKETS / NASDAQ / FTCI
NASDAQ · SEMICONDUCTORS & RELATED DEVICES · SMALL CAP

FTC Solar, Inc. FTCI

7 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$99.7M
▲ 110.5% vs FY2024
EPS · FY25
$-5.68
Dividend / sh · FY25
Payout · FY25
ROE · FY25
Net margin · FY25
-79.8%
Dividend coverage
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Result
USD 99.7M
Revenue, FY2025 · full 7-year series below
Revenue Net income
0.080.160.240.320.1-0.1201920222025
0.080.160.240.320.1-0.1201920222025

The company lost 80 cents on every revenue dollar this year.

Per share
USD -5.68
Diluted EPS, FY2025
EPS
0.40.81.2-5.68201920222025
0.40.81.2-5.68201920222025

The company pays no cash dividend.

Profitability
Return on equity, FY2025
ROE
0.250.50.751201920222025
0.250.50.751201920222025
Operating margin-35.5%
Net margin-79.8%
Return on assets-78.9%

Returned to shareholders
returned in FY2025 · dividends + net buybacks
Dividends paid
Net buybacks
Share of profit
Consecutive raises

Growth
−11.9% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
−6.8%
−11.9%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.02B
Shares outstanding, FY2025
0.070.02201920222025
0.070.02201920222025
Change, 5 years
Change, 10 years

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 111.8M
total assets, end of FY2025
Total assetsUSD 111.8M
EquityUSD -43.0M
CashUSD 21.1M
Gross debtUSD 22.6M
Net debtUSD 1.5M
Current ratio1.43×

Net debt stands at -3% of equity.

History
7 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
Revenue $B
0.1
0.0
0.1
0.1
0.3
0.2
0.1
Operating income $B
−0.0
−0.1
−0.1
−0.1
−0.1
−0.0
−0.0
EBITDA $B
−0.0
−0.1
−0.0
−0.1
−0.1
−0.0
−0.0
Income tax $B
0.0
0.0
−0.0
0.0
0.0
−0.0
−0.0
Net income $B
−0.1
−0.0
−0.1
−0.1
−0.1
−0.0
−0.0
EPS, diluted $
−5.68
−3.83
−4.35
−0.98
−1.24
−0.23
−0.22
Dividend / sh $
·
·
·
·
·
·
·
Payout %
·
·
·
·
·
·
·
ROE %
·
−119.3
−78.0
−95.2
−141.8
·
·
Shares out B
0.02
0.01
0.01
0.11
0.09
0.07
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
26 of 26
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed