What are FTC Solar's profit margins?

FTC Solar (FTCI) runs a -12.0% gross margin and a -38.4% operating margin, with a -44.9% net margin.

Where do FTC Solar's ratios come from?

Every ratio is computed from FTC Solar's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

FTC Solar FTCI Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Operating margin	-35.5%+76.0pp	-111.6%-71.6pp	-40%+40.9pp	-80.9%-34.0pp
Net margin	-79.8%+22.8pp	-102.6%-63.0pp	-39.6%+41.3pp	-80.9%-41.5pp
EBITDA margin	-34.3%+73.8pp	-108%-69.1pp	-38.9%+41.3pp	-80.2%-33.4pp
Free cash flow margin	-34.7%+42.1pp	-76.7%-34.6pp	-42.1%—	——
Returns
Return on assets	-78.9%-33.3pp	-45.6%-6.6pp	-39.1%+13.7pp	-52.8%+15.0pp
Efficiency
Asset turnover	1×+0.5×	0.4×-0.5×	1×+0.3×	0.7×-1.1×
Inventory turnover	10.2×+1.6×	8.5×-4.1×	12.6×0.0×	12.6×-44.9×
Liquidity
Current ratio	1.4×-0.1×	1.6×-0.4×	2×0.0×	2×-0.6×
Quick ratio	1.3×-0.1×	1.3×-0.6×	1.9×+0.2×	1.7×-0.7×
Cash ratio	0.3×+0.1×	0.2×-0.2×	0.5×-0.3×	0.7×-0.4×
Leverage
Debt-to-assets	0.2×+0.1×	0.1×+0.1×	0×0.0×	0×0.0×
Interest coverage	-4.3×+75.1×	-79.4×—	——	——
Per Share
Book value per share	-$3.07-304%	$1.50-72.2%	$5.41+725%	$0.66-60.5%
Valuation
Market capitalization	$81.31M+35.9%	$70.43M-18.7%	$86.6M-68.7%	$276.81M-56.9%
Enterprise value	$99.09M+45.6%	$69.81M+10.4%	$63.23M-72.9%	$233.62M-56.9%
Price / sales	0.9×-0.1×	1.5×+0.8×	0.7×-1.6×	2.2×-0.1×
EV / sales	1×0.0×	1.5×+1.0×	0.5×-1.4×	1.9×-0.1×
Free cash flow yield	-48.8%+3.2pp	-51.6%+10.1pp	-61.7%—	——
Earnings yield	-53.9%+25.6pp	-69%-10.9pp	-58.1%-22.1pp	-36%-19.4pp

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Questions, answered.

What are FTC Solar's profit margins?: FTC Solar (FTCI) runs a -12.0% gross margin and a -38.4% operating margin, with a -44.9% net margin.
Where do FTC Solar's ratios come from?: Every ratio is computed from FTC Solar's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.