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FTC Solar FTCI Net Income

Net Income at other companies

Array Technologies, Inc. logo
Array Technologies, Inc.ARRY
$24.35M-43.7%
Nextpower Inc. logo
Nextpower Inc.NXT
$150.6M-3.9%
SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
-$30.75M+75.3%
Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
-$297K-5.3%
Sunrun logo
SunrunRUN
$115.15M-58.8%
Stem logo
StemSTEM
-$14.38M-107%

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%
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$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

Reported directly by FTC Solar in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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, except shares and per share data)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Loss from unconsolidated subsidiary(451)(563)
Income (loss) before income taxes(26,907)(15,391)5,887(18,956)
Provision for income taxes(217)(39)(412)(293)
Net income (loss)(27,124)(15,430)5,475(19,249)
Other comprehensive income:
Foreign currency translation adjustments11981218109
Comprehensive income (loss)$(27,005)$(15,349)$5,693$(19,140)
Net income (loss) per share:

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is FTC Solar's net income?
FTC Solar (FTCI) reported net income of -$27.12M in Q2 2026.
How has FTC Solar's net income changed year-over-year?
FTC Solar's net income decreased by 75.8% year-over-year, from -$15.43M to -$27.12M.
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.

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