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FTC Solar FTCI Operating Lease Cost

Operating Lease Cost at other companies

Lakeland Financial logo
Lakeland FinancialLKFN
$241K+21.7%
Allison Transmission Holdings logo
Allison Transmission HoldingsALSN
$5M+400%
Shake Shack logo
Shake ShackSHAK
$25.94M+20.2%
FTC Solar logo
FTC SolarFTCI
$272K+1.9%
CNB Financial logo
CNB FinancialCCNE
$1.05M+33.0%
The Honest Company logo
The Honest CompanyHNST
$1.69M-5.7%

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:OperatingLeaseCost.

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)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Operating lease cost$272$267$528$594
Short-term lease cost28782570148
Total lease cost$559$349$1,098$742
Reported in:
Cost of revenue$412$188$861$371
Research and development37265633
Selling and marketing9203147
General and administrative101115150291

ITEM 1. FINANCIAL STATEMENTS

FAQ

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

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