FY2025 · ended Dec 31, 2025 · Revenue $99.69M, +110.5% YoY · Filed Mar 24, 2026
FTC Solar, Inc. (FTCI) files with the SEC under industry code 3674, Semiconductors & Related Devices. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $99.7 million and a net loss of $79.6 million. Free cash flow was -$34.6 million. As of Sep 30, 2026 it held $5.1 million in cash and investments and $51.5 million in total debt.
Revenue (TTM)
$109.10M
+36.3% vs year-ago TTM
Net income (TTM)
$-24.21M
+56.3% vs year-ago TTM
Operating cash flow (TTM)
$-6.95M
+83.5% vs year-ago TTM
Free cash flow (TTM)
$-8.17M
+81.1% vs year-ago TTM
EPS (TTM)
$-1.16
+72.0% vs year-ago TTM
Dividend per share
None
Shares outstanding
15.59M
+21.1% vs prior year
Net cash
$-46.42M
as of Sep 30, 2026
Operating margin
-36.7%
FY 2026
Company profile
- Industry
- Semiconductors & Related Devices (SIC 3674)
- Listed as
- FTCI (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Austin, TX
- SEC filer status
- , Emerging growth company
- SEC CIK
- 1828161
- Former names
- FTC Solar, Inc. (until Nov 4, 2026)
Other Semiconductors & Related Devices companies
- Nvidia Corp NVDA
- Broadcom Inc. AVGO
- Micron Technology Inc MU
- Advanced Micro Devices Inc AMD
- Intel Corp INTC
- Applied Materials Inc /DE AMAT
- Texas Instruments Inc TXN
- Arm Holdings PLC /UK ARM
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $99.7M | $47.4M | $127.0M | $123.1M | $270.5M |
| Operating income | -$35.4M | -$52.8M | -$50.8M | -$99.6M | -$126.8M |
| Net income | -$79.6M | -$48.6M | -$50.3M | -$99.6M | -$106.6M |
| Diluted EPS | -$5.68 | -$3.83 | -$4.35 | -$0.98 | -$1.24 |
| Operating cash flow | -$33.4M | -$34.7M | -$52.7M | -$54.5M | -$132.9M |
| Free cash flow | -$34.6M | -$36.3M | -$53.5M | -$55.5M | -$133.9M |
| Total assets | $111.8M | $89.9M | $123.1M | $134.4M | $243.0M |
| Total liabilities | $154.8M | $70.9M | $60.6M | $67.9M | $100.2M |
| Stockholders' equity | -$43.0M | $19.0M | $62.5M | $66.5M | $142.9M |
| Cash and investments | $21.1M | $11.2M | $25.2M | $44.4M | $102.2M |
| Total debt | $36.2M | $10.6M | $1.9M | $1.2M | $1.8M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Regulation FD disclosure
|
Nov 4, 2026 | Nov 4, 2026 |
| 10-Q | Quarterly report | Nov 4, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Nov 4, 2026 | Nov 4, 2026 |
| ARS | Annual report to shareholders | Oct 19, 2026 | Dec 31, 2025 |
| 8-K |
Current report
Other events
|
Oct 9, 2026 | Oct 8, 2026 |
| 8-K |
Current report
Material agreement, Regulation FD disclosure
|
Oct 5, 2026 | Sep 30, 2026 |
All 548 FTC Solar, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.