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  • News bot May 5, 2026, 10:40 a.m.

    📋 FTC SOLAR, INC. (FTCI) - Financial Results

    Filing Date: 2026-05-05

    Accepted: 2026-05-05 06:39:50

    Event Type: Financial Results

    Event Details:

    FTC SOLAR, INC. (FTCI) Reports the reporting period Financial Results FTC SOLAR, INC. (FTCI) announced its financial results for the period ending the reporting period. Key Financial Highlights:
    • Revenue: 17265
    • Net Income: 32599
    • EPS: Not disclosed
    • Cash and equivalents: 5639
      • Awarded 1GW agreement for 1P trackers from new customer with a leading global company offtaker
      • First quarter revenue of $
      • Profitability metrics (ex Management Commentary: '"We are excited to welcome Anthony in this new capacity, at what we believe is a critical inflection point for the business," said Shaker Sadasivam'

    📊 Key Financial Metrics (Year-over-Year Comparison):

    Metric 2026 2025 Change ($) Change (%)
    Revenue 20.80K 17.27K $3.54K +20.49%
    Gross Margin Percentage Loss From Operations 10.56K 8.22K $2.34K +28.47%
    Operating Expenses Loss From Operations 12.06K 10.56K $1.50K +14.19%
    Operating Expenses Interest Expense 3.90K 711.00 $3.19K +447.96%
    Operating Expenses Interest Income 5.00 6.00 $-1.00 -16.67%
    Operating Expenses Other Income Net 1.00 4.00 $-3.00 -75.00%
    Current Assets Operating Lease Right Of Use Assets 868.00 983.00 $-115.00 -11.70%
    Current Assets Property Equipment Net 3.72K 3.79K $-72.00 -1.90%
    Current Assets Other Assets 1.91K 1.82K $87.00 +4.77%
    Current Liabilities Accounts Payable 11.62K 13.25K $-1.63K -12.32%
    Impact On Cash From Changes In Operating Assets And Liabilities Other Assets 185.00 216.00 $-31.00 -14.35%
    Impact On Cash From Changes In Operating Assets And Liabilities Accounts Payable 1.64K 1.69K $-53.00 -3.14%
    Other Income Net 1.00 4.00 $-3.00 -75.00%

    💼 Business Developments:

    • Partnership
    • Acquisition: Not available
    • Licensing: Not available
    • Regulatory Approval: Not available
    • Executive Changes: Not available

    Structured Data:

    • Company Name: FTC SOLAR, INC.
    • Ticker Symbol: FTCI

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