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FTC Solar FTCI Product Warranty Expense

Product Warranty Expense at other companies

Astec Industries logo
Astec IndustriesASTE
$5.1M-16.4%
AMC Robotics Corporation logo
AMC Robotics CorporationAMCI
$7-99.8%
Stereotaxis logo
StereotaxisSTXS
$100K0.0%
AMC Robotics Corporation logo
AMC Robotics CorporationAMCI
$1.49K-76.5%
AMC Robotics Corporation logo
AMC Robotics CorporationAMCI
$1.5K-84.1%
Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
$500K+66.7%

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:ProductWarrantyExpense.

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
Loss from unconsolidated subsidiary563
Gain from disposal of investment in unconsolidated subsidiary(3,204)
Gain on sale of Atlas(26)(50)
Warranties issued and remediation added1,1071,614
Warranty recoverable from manufacturer160191
Credit loss provisions (credits)(38)192
Deferred income taxes207425
Lease expense528594

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is FTC Solar's product warranty expense?
FTC Solar (FTCI) reported product warranty expense of $669K in Q2 2026.
How has FTC Solar's product warranty expense changed year-over-year?
FTC Solar's product warranty expense increased by 17.6% year-over-year, from $569K to $669K.
What is the long-term trend for FTC Solar's product warranty expense?
Over 4 years (2021 to 2025), FTC Solar's product warranty expense has grown at a -22.2% compound annual growth rate (CAGR), from $8.59M to $3.14M.
What does product warranty expense mean?
Product Warranty Expense as reported by FTC Solar, Inc. Common Stock.

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