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FTC Solar FTCI Purchase Of Property And Equipment Included In Account Payable

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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$46.76M-32.8%
Enterprise value$60.95M-21.8%
P/S0.5×-0.6×

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 ftci:PurchaseOfPropertyAndEquipmentIncludedInAccountPayable.

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)Six months ended June 30, 2026Six months ended June 30, 2025
Cash and cash equivalents at beginning of period21,10511,247
Cash, cash equivalents and restricted cash at end of period$11,075$3,519
Supplemental disclosures of cash flow information:
Purchases of property and equipment included in ending accounts payable and accruals$59$104
Fair value of common stock issued upon warrant exercise$7,927
Right-of-use asset and lease liability recognition for new leases$921$165
Paid-in-kind and exit fee non-cash interest added to debt$2,144$1,001
Cash paid during the period for interest$1,760$14

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is FTC Solar's purchase of property and equipment included in account payable?
FTC Solar (FTCI) reported purchase of property and equipment included in account payable of $42K in Q2 2026.
How has FTC Solar's purchase of property and equipment included in account payable changed year-over-year?
FTC Solar's purchase of property and equipment included in account payable decreased by 58.0% year-over-year, from $100K to $42K.
What does purchase of property and equipment included in account payable mean?
Purchase Of Property And Equipment Included In Account Payable as reported by FTC Solar, Inc. Common Stock.

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