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FTC Solar FTCI Net Income

Net Income at other companies

Array Technologies, Inc. logo
Array Technologies, Inc.ARRY
$2M-88.1%
Nextpower Inc.
 logo
Nextpower Inc. NXT
$150.6M-3.9%
Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
-$297K-5.3%
SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
-$57.37M+41.8%
Sunrun logo
SunrunRUN
$167.64M+235%
Stem logo
StemSTEM
-$18.93M+24.3%

Other financials

Income statement

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Revenue$17.3M-17.0%
Gross profit-$1.2M+64.4%
Operating income-$12.1M-14.2%
EPS (diluted)-$0.72-24.1%

Balance sheet

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Cash & equivalents$5.6M-4.6%
Total debt$23.4M+110%
Total equity-$6.1M-140%
Total assets$97.8M+16.4%

Cash flow

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Operating cash flow-$12.8M-50.6%
CapEx$276.0K+233%
Free cash flow-$13.0M-52.3%

Valuation

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Market cap$81.31M+38.1%
Enterprise value$99.09M+47.5%
P/S0.9×-0.1×

Profitability

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Gross margin-12%-1.5pp
Operating margin-38.4%-14.1pp
Net margin-44.9%-13.5pp
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 ratio1.3×-0.1×

Where this comes from

Reported directly by FTC Solar in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: FTC Solar’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FTC Solar's net income?
FTC Solar (FTCI) reported net income of $32.6M in Q1 2026.
How has FTC Solar's net income changed year-over-year?
FTC Solar's net income increased by 953.6% year-over-year, from -$3.82M to $32.6M.
What is the long-term trend for FTC Solar's net income?
Over 4 years (2021 to 2025), FTC Solar's net income has grown at a -7.0% compound annual growth rate (CAGR), from -$106.59M to -$79.58M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.