Company / Cost of Revenue
FTC Solar, Inc. Cost of Revenue History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$59.9M
FY2025
5-year range
$55.1M / $303.1M
FY2021-FY2025
Trend
-49.5%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Improved from $303M to $60M over the past 2 years.
Based on SEC 10-K filings.
$60M in FY2025 with a 3-year CAGR of -31.2%.
Improved from $303M to $60M over the past 2 years.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- -31.2%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of -31.2%, indicating a declining trend.
- In FY2025, cost of revenue decreased 49.5% year-over-year.
- Peak cost of revenue was recorded in FY2023.
- Lowest cost of revenue in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score -0.77 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $59.9M | -49.5% |
| FY2024 | $118.7M | -60.8% |
| FY2023 | $303.1M | +65.0% |
| FY2022 | $183.7M | +233.6% |
| FY2021 | $55.1M | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026