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FTC Solar FTCI Lease Expense

Lease Expense at other companies

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PlexusPLXS
$6.76M-1.9%
Seacor Marine Holdings Inc. logo
Seacor Marine Holdings Inc.SMHI
$266K-18.2%
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Seacor Marine Holdings Inc.SMHI
$191K-5.4%
Seacor Marine Holdings Inc. logo
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$0-100%
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Seacor Marine Holdings Inc.SMHI
$75K+4.2%
U-Haul Holding logo
U-Haul HoldingUHAL
$853.84M+4.3%

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$44.94M-35.4%
Enterprise value$59.13M-24.1%
P/S0.4×-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:LeaseExpense.

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
Warranty recoverable from manufacturer160191
Credit loss provisions (credits)(38)192
Deferred income taxes207425
Lease expense528594
Impact on cash from changes in operating assets and liabilities:
Accounts receivable7,111(5,956)
Inventories(1,029)2,828
Prepaid and other current assets(2,322)1,193

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is FTC Solar's lease expense?
FTC Solar (FTCI) reported lease expense of $272K in Q2 2026.
How has FTC Solar's lease expense changed year-over-year?
FTC Solar's lease expense increased by 1.9% year-over-year, from $267K to $272K.
What does lease expense mean?
Lease Expense as reported by FTC Solar, Inc. Common Stock.

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