State Ledger
Company profile

FTC Solar, Inc. CIK 1828161

Ticker
FTCI (Nasdaq)
Industry
Semiconductors & Related Devices
Headquarters
Austin, TX
Fiscal year end
2025 (FY)
Market Data
Close
$1.83
Change
-$0.11
Change %
-5.67%
Volume
8,817

FTCI · trading date Oct 12, 2026 · previous close $1.94 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$99.69M
Net income
-$79.58M
Total assets
$111.81M
Total liabilities
$154.77M
Stockholders' equity
-$42.96M
Cash & equivalents
$21.11M
Operating income
-$35.42M
Operating cash flow
-$33.44M
Capital expenditures
$1.13M

Fiscal year 2025, via 10-K filed 2026-03-24. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-35.5%
Net margin
-79.8%
Free cash flow
-$34.57M
Free cash flow margin
-34.7%
Liabilities / assets
138.4%
Equity / assets
-38.4%
CapEx / revenue
1.1%
Operating cash flow / net income
0.42×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $99.69M -$79.58M $111.81M $154.77M -$42.96M
2024 $47.36M -$48.61M $89.93M $70.89M $19.04M
2023 $127.00M -$50.29M $123.07M $60.60M $62.47M
2022 $123.07M -$99.61M $134.40M $67.95M $66.45M
2021 $270.53M -$106.59M $243.02M $100.15M $142.87M
Company Details
SIC code
3674
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-01
Financials filed via
Form 10-K
filed 2026-03-24

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Austin, TX
10900 STONELAKE BLVD.
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:58 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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