Company / Financials
FTC Solar, Inc. Financials
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableRevenue
$47.4M
FY2025 · -62.7% YoY
Net Income
-$48.6M
FY2025 · +3.3% YoY
Profit Margin
-102.6%
FY2025 · net income / revenue
ROE
-255.3%
FY2025 · return on equity
Total Assets
$111.8M
FY2025
Total Debt
$9.9M
0.52x debt/equity
Equity
$19.0M
FY2025
ROA
-43.5%
FY2025 · return on assets
Statement paths
Financial highlights
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.
Metric history
Revenue HistoryTotal revenue from operations$47.4M-62.7% YoYNet Income HistoryProfit after all expenses and taxes-$48.6M+3.3% YoYGross Profit HistoryRevenue minus cost of goods sold-$12.6M-251.6% YoYCost of Revenue HistoryDirect costs of producing goods and services sold$59.9M-49.5% YoYOperating Income HistoryProfit from core business operations before interest and taxes-$52.8M-4.0% YoYSG&A Expense HistorySelling, general, and administrative expenses$25.4M-31.4% YoYR&D Expense HistoryResearch and development spending$5.9M-17.5% YoYInterest Expense HistoryCost of borrowing and debt obligations$665.0K+151.8% YoYIncome Tax HistoryTotal income tax expense$230.0K+168.0% YoYEPS (Basic) HistoryBasic earnings per share-$3.83+12.0% YoY