Company / SG&A Expense
FTC Solar, Inc. SG&A Expense History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$25.4M
FY2025
5-year range
$4.6M / $75.9M
FY2021-FY2025
Trend
-31.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Improved from $76M to $25M over the past 2 years.
Based on SEC 10-K filings.
$25M in FY2025 with a 3-year CAGR of +29.2%.
Improved from $76M to $25M over the past 2 years.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +29.2%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of +29.2%, indicating consistent growth.
- In FY2025, sg&a expense decreased 31.4% year-over-year.
- Peak sg&a expense was recorded in FY2023.
- Lowest sg&a expense 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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $25.4M | -31.4% |
| FY2024 | $37.1M | -51.1% |
| FY2023 | $75.9M | +543.3% |
| FY2022 | $11.8M | +158.6% |
| FY2021 | $4.6M | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026