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FTC Solar FTCI Q4 2024 Annual earnings

Reported March 31, 2025 · Before market open

Revenue estimate$23.5M
EPS estimate-$0.83

Next report

Aug 4, 2026 (In 2 weeks)
Revenue estimate$24.4M
EPS estimate-$0.49

Financials

Q4 2024

Income statement

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Revenue$13.2M-43.1%
Gross profit-$3.8M-654%
Operating income-$13.4M-14.4%
Net income-$12.2M-9.5%
EPS (diluted)-$0.95+76.3%

Balance sheet

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Cash & equivalents$11.2M-55.4%
Total debt$10.6M+470%
Total equity$19.0M-69.5%
Total assets$89.9M-26.9%

Cash flow

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Operating cash flow-$16.7M-166%
CapEx$290.0K-18.5%
Free cash flow-$17.0M-156%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$70.43M-18.7%
Enterprise value$69.81M+10.4%
P/S1.5×+0.8×

Profitability

See full
Gross margin-26.6%-33.1pp
Operating margin-111.6%-253pp
Net margin-102.6%-276pp
FCF margin-76.7%+356pp

Returns & leverage

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Return on equity-119.3%+134pp
Debt / equity0.6×+0.5×
Current ratio1.6×-0.4×

Segments

By geography

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AU$1.1M

By product

See full
Service$2.8M+23.0%

Versus estimates

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Questions, answered.

When did FTC Solar report Q4 2024 earnings?
FTC Solar (FTCI) reported Q4 2024 earnings on March 31, 2025 before market open.
What were FTC Solar's Q4 2024 revenue and EPS?
FTC Solar reported revenue of $13.2M and diluted EPS of $-0.80 for Q4 2024.
Did FTC Solar beat estimates in Q4 2024?
Revenue missed the consensus estimate of $23.5M by $10.3M. EPS beat the consensus estimate of $-0.83 by $0.03.
Where can I find FTC Solar's Q4 2024 SEC filings?
You can read the 10-K periodic report (0000950170-25-047224) directly on SEC EDGAR. The filing index links above go to sec.gov.