Companies/FTC Solar, Inc.
Company profile

FTC Solar, Inc.

NASDAQ: FTCI · Technology · Solar
PublicHQ Austin, TX · TravisCIK 0001828161Reports USD
#445 of 1,169 Technology companies by revenuetop-quartile growth
EA Score
39D
Revenue TTM
$96.1M
Rev growth YoY (TTM)
+73.0%
Net income (FY)
-$79.6M
Employees
232
as of 2026-08-18
Market cap
$35.0M
as of 2026-08-18

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$99.7M$99.7M2025
Net income-$79.6M-$79.6M2025
Operating income-$35.4M-$35.4M2025
Total assets$111.8M$111.8M2025
Liabilities$154.8M$154.8M2025
Equity-$43.0M-$43.0M2025

Revenue trend

FY2021 – FY2025 · USD
FY21
FY21
FY21
FY22
FY23
FY24
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Product81%
Service19%
By geography
UNITED STATES99%
AUSTRALIA1%
The read

What is FTC Solar, Inc.’s revenue?

FTC Solar, Inc. booked $99.7M in FY2025 revenue, growing 111% year over yearfaster than most Technology companies we track, at a -79.8% net margin.

Key facts
CEOAnthony Carroll
SectorTechnology
IndustrySolar
HeadquartersAustin, TX
ExchangeNASDAQ: FTCI
Employees232
IPO date2021-04-28
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.