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FTC Solar FTCI Free cash flow

Free cash flow at other companies

Array Technologies, Inc. logo
Array Technologies, Inc.ARRY
$113.65M+205%
Nextpower Inc. logo
Nextpower Inc.NXT
$153.61M-32.4%
SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
$3.13M-84.5%
Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
-$49.1M-498%
Sunrun logo
SunrunRUN
-$190.47M+35.1%
Stem logo
StemSTEM
-$8.32M-198%

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%

Valuation

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Market cap$37.83M-60.6%
Enterprise value$52.03M-50.2%
P/S0.4×-1.1×

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

Calculated from FTC Solar’s reported figures.

The source filing: FTC Solar’s 10-Q, filed May 5, 2026. Open the filing →

Filed
May 5, 2026, 9:15 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-205290

FAQ

What is FTC Solar's free cash flow?
FTC Solar (FTCI) reported free cash flow of -$13.05M in Q1 2026.
How has FTC Solar's free cash flow changed year-over-year?
FTC Solar's free cash flow decreased by 52.3% year-over-year, from -$8.57M to -$13.05M.
What is the long-term trend for FTC Solar's free cash flow?
Over 3 years (2021 to 2025), FTC Solar's free cash flow has grown at a -36.3% compound annual growth rate (CAGR), from -$133.88M to -$34.57M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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