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FTC Solar FTCI Change in fair value of warrant liabilities

Change in fair value of warrant liabilities at other companies

SLD
Solid PowerSLDP
-$2.25M-170%
SLD
Solid PowerSLDP
-$2.25M-170%
Eos Energy Enterprises, Inc. logo
Eos Energy Enterprises, Inc.EOSE
$22.59M-61.0%
Eos Energy Enterprises, Inc. logo
Eos Energy Enterprises, Inc.EOSE
$22.59M-61.0%
FTC Solar logo
FTC SolarFTCI
$8.89M+213%
FTC Solar logo
FTC SolarFTCI
$8.89M+213%

Other financials

Income statement

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Revenue$26.2M+30.8%
Gross profit-$2.2M+43.0%
Operating income-$13.7M-19.4%
Net income-$27.1M-75.8%
EPS (diluted)-$1.69-43.2%

Balance sheet

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Cash & equivalents$10.1M+186%
Total debt$24.3M+105%
Total equity-$30.3M-436%
Total assets$98.1M+18.2%

Cash flow

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Operating cash flow-$12.8M-50.6%
CapEx$319.0K+72.4%
Free cash flow-$13.0M-52.3%

Valuation

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Market cap$45.43M-41.5%
Enterprise value$59.63M-30.6%
P/S0.4×-0.8×

Profitability

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Gross margin-12%-1.5pp
Operating margin-38.3%-13.0pp
Net margin-53.6%-11.3pp
FCF margin-40.6%-9.6pp

Returns & leverage

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Return on equity-175.8%-1,003pp
Debt / equity1.3×+1.3×
Current ratio0.9×-0.2×

Where this comes from

Reported directly by FTC Solar in its filing.

Tagged under the XBRL concept us-gaap:FairValueAdjustmentOfWarrants.

The source filing: FTC Solar’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 9:14 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-334042
(in thousands, except shares and per share data)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Interest income551011
Gain from disposal of investment in unconsolidated subsidiary3,204
Gain on sale of Atlas26502650
Gain (loss) from change in fair value of warrant liability(8,887)(2,836)39,8551,768
Other income, net9711075
Loss from unconsolidated subsidiary(451)(563)
Income (loss) before income taxes(26,907)(15,391)5,887(18,956)
Provision for income taxes(217)(39)(412)(293)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is FTC Solar's change in fair value of warrant liabilities?
FTC Solar (FTCI) reported change in fair value of warrant liabilities of $8.89M in Q2 2026.
How has FTC Solar's change in fair value of warrant liabilities changed year-over-year?
FTC Solar's change in fair value of warrant liabilities increased by 213.4% year-over-year, from $2.84M to $8.89M.
What does change in fair value of warrant liabilities mean?
Change in fair value of warrant liabilities as reported by FTC Solar, Inc. Common Stock.

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