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FTC Solar Inc

FTCI
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2.750USD
+0.120+4.56%
Close 07-31 16:00ETQuotes delayed by 15 min
43.50MMarket Cap
LossP/E TTM

FTCI Income Statement

You can find the annual or quarterly income statement of FTC Solar Inc here for insights into the performance and operational efficiency of FTC Solar Inc.
Quarterly
Quarterly+Annual
Quarterly
Annual
YOY
Hide blank rows
FY2026Q1
FY2025Q4
FY2025Q3
FY2025Q2
FY2025Q1
FY2024Q4
FY2024Q3
FY2024Q2
FY2024Q1
FY2023Q4
FY2023Q3
FY2023Q2
FY2023Q1
FY2022Q4
FY2022Q3
FY2022Q2
FY2022Q1
FY2021Q4
FY2021Q3
FY2021Q2
FY2021Q1
FY2020Q4
FY2020Q3
FY2020Q2
FY2020Q1
Total revenue
-17.01%17.27M
148.91%32.86M
156.81%26.03M
74.92%19.99M
65.27%20.80M
-43.10%13.20M
-66.82%10.14M
-64.68%11.43M
-69.22%12.59M
-11.51%23.20M
84.34%30.55M
5.33%32.36M
-17.47%40.89M
-74.22%26.22M
-68.73%16.57M
-38.69%30.72M
-24.58%49.55M
130.25%101.72M
-11.15%52.99M
-2.05%50.11M
102.95%65.71M
--44.18M
--59.64M
--51.16M
--32.38M
Revenue
-17.01%17.27M
148.91%32.86M
156.81%26.03M
74.92%19.99M
65.27%20.80M
-43.10%13.20M
-66.82%10.14M
-64.68%11.43M
-69.22%12.59M
-11.51%23.20M
84.34%30.55M
5.33%32.36M
-17.47%40.89M
-74.22%26.22M
-68.73%16.57M
-38.69%30.72M
-24.58%49.55M
130.25%101.72M
-11.15%52.99M
-2.05%50.11M
102.95%65.71M
--44.18M
--59.64M
--51.16M
--32.38M
Cost of revenue
-23.74%18.49M
64.15%27.97M
69.20%24.44M
73.62%23.91M
65.02%24.25M
-24.30%17.04M
-46.84%14.44M
-54.33%13.77M
-62.18%14.70M
-19.99%22.51M
4.15%27.17M
-19.00%30.16M
-33.96%38.86M
-74.49%28.13M
-57.25%26.09M
-43.73%37.23M
-10.29%58.84M
125.08%110.30M
7.49%61.03M
25.94%66.17M
158.26%65.59M
--49.00M
--56.77M
--52.54M
--25.40M
Operating expenses
-6.45%29.19M
48.79%38.38M
40.44%33.54M
34.06%31.26M
24.53%31.20M
-20.76%25.80M
-42.31%23.88M
-45.45%23.32M
-52.88%25.06M
-23.28%32.56M
-0.94%41.40M
-17.50%42.75M
-28.41%53.17M
-66.12%42.44M
-44.84%41.79M
-58.90%51.82M
0.74%74.27M
125.63%125.26M
21.87%75.76M
120.73%126.07M
150.09%73.73M
--55.52M
--62.16M
--57.12M
--29.48M
R&D expenses
21.00%1.12M
-24.97%1.11M
-16.29%1.23M
-26.45%1.13M
-35.79%924.00K
1.66%1.47M
-23.63%1.47M
-18.05%1.54M
-25.13%1.44M
-39.86%1.45M
-9.64%1.92M
-30.91%1.87M
-28.84%1.92M
27.77%2.41M
0.47%2.13M
-51.46%2.71M
38.23%2.70M
60.60%1.89M
47.15%2.12M
268.65%5.58M
78.61%1.95M
--1.18M
--1.44M
--1.52M
--1.09M
Depreciation, depletion, and amortization
32.45%400.00K
-13.12%384.00K
-30.46%290.00K
-25.25%305.00K
-25.25%302.00K
19.14%442.00K
23.37%417.00K
22.89%408.00K
20.96%404.00K
16.67%371.00K
6.62%338.00K
130.56%332.00K
176.03%334.00K
132.12%318.00K
498.11%317.00K
336.36%144.00K
1244.44%121.00K
3325.00%137.00K
1666.67%53.00K
725.00%33.00K
-75.68%9.00K
--4.00K
--3.00K
--4.00K
--37.00K
Other operating expenses
16.15%-135.00K
83.77%-135.00K
84.21%-194.00K
-590.91%-228.00K
-387.88%-161.00K
65.04%-832.00K
77.35%-1.23M
-232.00%-33.00K
72.73%-33.00K
34.67%-2.38M
-267.43%-5.43M
100.60%25.00K
96.05%-121.00K
---3.64M
---1.48M
---4.14M
---3.06M
----
----
----
----
----
----
----
----
Operating profit
-14.66%-11.92M
56.14%-5.52M
45.36%-7.51M
5.21%-11.27M
16.60%-10.40M
-34.63%-12.60M
-26.70%-13.75M
-14.42%-11.89M
-1.57%-12.47M
42.31%-9.36M
56.97%-10.85M
50.74%-10.39M
50.33%-12.28M
31.11%-16.22M
-10.74%-25.22M
72.23%-21.10M
-208.21%-24.71M
-107.63%-23.54M
-801.82%-22.77M
-1174.97%-75.96M
-376.90%-8.02M
---11.34M
---2.52M
---5.96M
--2.90M
Net non-operating interest income (expenses)
Non-operating interest income
-16.67%5.00K
--6.00K
-75.00%6.00K
400.00%5.00K
--6.00K
----
--24.00K
--1.00K
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Non-operating interest expense
447.96%3.90M
2195.67%4.78M
--1.99M
--731.00K
422.79%711.00K
252.54%208.00K
----
----
134.48%136.00K
-38.54%59.00K
-32.50%108.00K
-93.44%28.00K
-80.34%58.00K
-67.89%96.00K
-46.84%160.00K
113.50%427.00K
2007.14%295.00K
390.16%299.00K
330.00%301.00K
65.29%200.00K
-87.50%14.00K
--61.00K
--70.00K
--121.00K
--112.00K
Return on equity
-100.00%0.00
-95.30%207.00K
844.92%1.91M
-83.33%-451.00K
-19.06%3.09M
945.84%4.40M
---256.00K
---246.00K
325.39%3.82M
--421.00K
-100.00%0.00
--0.00
166.47%898.00K
--0.00
570.48%1.41M
-100.00%0.00
--337.00K
--0.00
--210.00K
--20.62M
----
----
----
----
----
Special income (expenses)
994.01%48.61M
-407.30%-26.15M
-1237.10%-16.43M
-9184.85%-3.06M
13563.64%4.44M
-116.55%-5.15M
77.35%-1.23M
-232.00%-33.00K
72.73%-33.00K
34.67%-2.38M
-267.43%-5.43M
100.60%25.00K
96.05%-121.00K
---3.64M
---1.48M
---4.14M
-487.72%-3.06M
100.00%0.00
100.00%0.00
100.00%0.00
--790.00K
---41.00K
---34.00K
---41.00K
--0.00
- Gains from disposal of fixed assets
----
-100.00%0.00
--90.00K
--50.00K
----
--906.00K
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
----
Other non-operating income (expenses)
-75.00%1.00K
-91.33%30.00K
-62.37%35.00K
1114.29%71.00K
-88.89%4.00K
4225.00%346.00K
286.00%93.00K
95.04%-7.00K
148.65%36.00K
106.45%8.00K
85.34%-50.00K
-293.15%-141.00K
-489.47%-74.00K
-1450.00%-124.00K
-2523.08%-341.00K
258.70%73.00K
--19.00K
-900.00%-8.00K
-1200.00%-13.00K
---46.00K
----
--1.00K
---1.00K
----
----
Income before tax
1019.89%32.79M
-194.25%-36.20M
-58.08%-23.89M
-26.40%-15.39M
59.41%-3.56M
-8.24%-12.30M
8.03%-15.12M
-15.57%-12.18M
24.49%-8.78M
43.40%-11.37M
36.27%-16.43M
58.83%-10.54M
58.04%-11.63M
15.80%-20.08M
-12.73%-25.79M
53.96%-25.59M
-282.67%-27.72M
-108.48%-23.85M
-769.77%-22.88M
-808.33%-55.59M
-360.17%-7.24M
---11.44M
---2.63M
---6.12M
--2.78M
Income tax
-23.23%195.00K
376.47%188.00K
-81.97%44.00K
-40.00%39.00K
2409.09%254.00K
86.74%-68.00K
46.99%244.00K
153.28%65.00K
-108.40%-11.00K
-222.14%-513.00K
209.93%166.00K
-235.56%-122.00K
72.37%131.00K
1212.50%420.00K
-468.29%-151.00K
-21.74%90.00K
500.00%76.00K
0.00%32.00K
70.83%41.00K
505.26%115.00K
87.97%-19.00K
--32.00K
--24.00K
--19.00K
---158.00K
Equity earnings after tax
----
----
----
----
----
----
----
----
----
---324.00K
---336.00K
----
----
--0.00
--0.00
100.00%0.00
100.00%0.00
-100.00%0.00
100.00%0.00
78.65%-136.00K
-145.61%-218.00K
--1.74M
---186.00K
---637.00K
--478.00K
Income after tax
953.60%32.60M
-197.43%-36.39M
-55.86%-23.94M
-26.05%-15.43M
56.46%-3.82M
-12.73%-12.23M
7.48%-15.36M
-17.54%-12.24M
25.43%-8.77M
47.06%-10.85M
35.24%-16.60M
59.45%-10.41M
57.68%-11.76M
14.16%-20.50M
-11.87%-25.64M
53.89%-25.68M
-284.73%-27.79M
-108.18%-23.88M
-763.45%-22.92M
-807.40%-55.70M
-345.55%-7.22M
---11.47M
---2.65M
---6.14M
--2.94M
Net income from continuous operations
953.60%32.60M
-197.43%-36.39M
-55.86%-23.94M
-26.05%-15.43M
56.46%-3.82M
-9.47%-12.23M
9.32%-15.36M
-17.54%-12.24M
25.43%-8.77M
45.48%-11.18M
33.93%-16.94M
59.45%-10.41M
57.68%-11.76M
14.16%-20.50M
-11.87%-25.64M
54.01%-25.68M
-273.46%-27.79M
-145.50%-23.88M
-706.90%-22.92M
-724.10%-55.84M
-317.60%-7.44M
---9.73M
---2.84M
---6.78M
--3.42M
Other net gains and losses
----
----
----
----
----
---125.00K
----
----
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----
----
----
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Net income attributable to controlling interests
953.60%32.60M
-197.43%-36.39M
-55.86%-23.94M
-26.05%-15.43M
56.46%-3.82M
-9.47%-12.23M
9.32%-15.36M
-17.54%-12.24M
25.43%-8.77M
45.48%-11.18M
33.93%-16.94M
59.45%-10.41M
57.68%-11.76M
14.16%-20.50M
-11.87%-25.64M
54.01%-25.68M
-273.46%-27.79M
-145.50%-23.88M
-706.90%-22.92M
-724.10%-55.84M
-317.60%-7.44M
---9.73M
---2.84M
---6.78M
--3.42M
Net income attributable to common shareholders
953.60%32.60M
-197.43%-36.39M
-55.86%-23.94M
-26.05%-15.43M
56.46%-3.82M
-9.47%-12.23M
9.32%-15.36M
-17.54%-12.24M
25.43%-8.77M
45.48%-11.18M
33.93%-16.94M
59.45%-10.41M
57.68%-11.76M
14.16%-20.50M
-11.87%-25.64M
54.01%-25.68M
-273.46%-27.79M
-145.50%-23.88M
-706.90%-22.92M
-724.10%-55.84M
-317.60%-7.44M
---9.73M
---2.84M
---6.78M
--3.42M
Basic earnings per share
806.67%2.09
-151.63%-2.40
-33.24%-1.61
-21.42%-1.18
57.58%-0.30
-5.60%-0.95
14.71%-1.21
-4.97%-0.97
36.58%-0.70
54.33%-0.90
43.66%-1.41
63.90%-0.92
60.68%-1.10
20.42%-1.98
-3.58%-2.51
63.68%-2.56
-220.20%-2.80
48.77%-2.48
-625.52%-2.42
-784.76%-7.05
-317.58%-0.87
---4.85
---0.33
---0.80
--0.40
Diluted earnings per share
806.67%2.09
-151.63%-2.40
-33.24%-1.61
-21.42%-1.18
57.58%-0.30
-5.60%-0.95
14.71%-1.21
-4.97%-0.97
36.58%-0.70
54.33%-0.90
43.66%-1.41
63.90%-0.92
60.68%-1.10
20.42%-1.98
-3.58%-2.51
63.68%-2.56
-220.20%-2.80
48.77%-2.48
-625.52%-2.42
-784.76%-7.05
-317.58%-0.87
---4.85
---0.33
---0.80
--0.40
Dividend per share
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
--0.00
Currency unit
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
--USD
Audit opinions
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FAQs

How do I read FTC Solar Inc's income statement on TradingKey?

Start with total revenue, then review cost of revenue, gross profit, operating expenses, operating profit, income before tax, net income, and EPS. Revenue shows the scale of the business, while margins and profit lines show whether that revenue is being converted into earnings efficiently.

What is the difference between quarterly and annual income statements?

A quarterly income statement shows performance for a three-month fiscal period, while an annual income statement summarizes the full fiscal year. Quarterly data is useful for tracking recent momentum and seasonality, while annual data is better for judging long-term growth, profitability, and business cycles.

What does YOY mean on the income statement page?

YOY means year over year. It compares a financial metric with the same period in the previous year, such as this quarter's revenue versus revenue in the same quarter last year. YOY comparison helps investors see growth trends while reducing the impact of normal seasonal changes.

Which income statement metrics matter most when analyzing FTCI stock?

Important metrics include revenue growth, gross profit, gross margin, operating profit, operating margin, net income, EPS, R&D expenses, SG&A expenses, and tax expense. Investors usually look at these together to judge whether the company is growing, controlling costs, and improving profitability.

What was FTC Solar Inc's revenue at year end?

FTC Solar Inc reported 99.69M in revenue for fiscal year 2025, up from 47.35M in the previous year.

How much revenue did FTC Solar Inc report in the most recent quarter?

FTC Solar Inc reported 17.27M in revenue for the most recent quarter, an increase of -17.01% year over year.

What was FTC Solar Inc's net income for the year?

FTC Solar Inc posted -79.58M in net income for fiscal year 2025.

How much net income did FTC Solar Inc post in the last quarter?

FTC Solar Inc reported 32.60M in net income for the latest quarter。

What was FTC Solar Inc's annual operating profit?

FTC Solar Inc's operating income was -34.53M for fiscal year 2025.

How is EPS related to the income statement?

EPS, or earnings per share, is based on net income divided by the number of shares outstanding. It helps investors understand how much profit the company generated for each share, but it should be reviewed alongside share count changes, margins, cash flow, and valuation metrics.
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