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FTCIFTC Solar, Inc.
$5.24$84M
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HomeStocksFTCIEarnings History

FTCI logoFTC Solar, Inc. (FTCI) Earnings History

Net Loss

7 years of earnings data (2019–2025) · Currently unprofitable on a TTM basis

TTM Net Income
-$41M
● Net Loss
TTM EPS (Diluted)
$-2.68
Per share, diluted
YoY EPS Growth
-43.3%
Declining
Net Margin
-77.2%
After-tax profitability
EPS Growth Rate (CAGR)
1YN/A
3YN/A
5YN/A
10YN/A
Operating Margin-33.5%
Gross Margin1.1%
Return on EquityN/A
Return on Assets-76.3%
Record Annual Net Income-$13MFY2019
Record Quarterly EPS$0.05Q1 2020
Consecutive Profitable Years0years
Q1 2026
Net Income$33M
EPS (Diluted)$-0.72
YoY Growth-43.3%Declining
QoQ Growth+196.6%Excellent

Loading earnings history...

FTC Solar, Inc. (FTCI) Earnings Overview

As of June 23, 2026, FTC Solar, Inc. (FTCI) reported trailing twelve-month net income of -$41M, reflecting -43.3% year-over-year growth. The company earned $-2.68 per diluted share over the past four quarters, with a net profit margin of -77.2%.

Looking at the long-term picture, FTCI's historical earnings data spans multiple years. The company achieved its highest annual net income of -$13M in fiscal 2019.

FTC Solar, Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →

Compared to peers including ARRY (-$67M net income, -4.1% margin), SHLS ($34M net income, 7.1% margin), NXT ($586M net income, 16.5% margin), FTCI has room to improve margins relative to the peer group. Compare FTCI vs ARRY →

FTCI Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
FTCI logoFTCICurrent
-$41M$-2.68-77.2%--43.3%—
ARRY logoARRY
-$67M$-0.44-4.1%-19.0%+62.6%
SHLS logoSHLS
$34M$0.207.1%5.8%+42.9%
NXT logoNXT
$586M$3.7916.5%29.6%+10.7%
FSLR logoFSLR
$1.7B$15.4729.3%17.4%+18.2%
ENPH logoENPH
$135M$1.0311.7%17.9%+72.0%
Best in group
Lowest in group

FTCI Historical Earnings Data (2019–2025)

7 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025-$77M-58.3%-$33M$-5.49-77.2%-33.5%
2024-$49M+3.3%-$53M$-3.83-102.6%-111.6%
2023-$50M+49.5%-$51M$-4.35-39.6%-40.0%
2022-$100M+6.5%-$100M$-9.82-80.9%-80.9%
2021-$107M-569.4%-$127M$-12.39-39.4%-46.9%
2020-$16M-18.0%-$17M$-0.20-8.5%-9.0%
2019-$13M--$12M$-0.16-25.4%-23.3%

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FTCI — Frequently Asked Questions

Quick answers to the most common questions about buying FTCI stock.

What is FTCI earnings per share (EPS)?

FTCI trailing twelve-month (TTM) diluted EPS is $-2.68, reflecting -43.3% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2019 to 2025 is available in the table on this page.

What is FTC Solar, Inc.'s net income?

FTC Solar, Inc. (FTCI) trailing twelve-month net income is $-41M as of 2025. Earnings declined -43.3% year-over-year.

Is FTCI profitable?

FTCI is not currently profitable on a TTM basis, reporting a net loss of $-41M. Net margin is -77.2%. Investors should monitor for a return to profitability.

What is FTCI's earnings growth rate?

FTCI compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2019 to 2025.

What are FTCI's profit margins?

FTC Solar, Inc. net profit margin is -77.2%, operating margin is -33.5%, and gross margin is +1.1%. Below-average margins reflect competitive or cost pressures. Return on Equity is N/A.

Is FTCI growing earnings?

FTCI earnings are declining — EPS fell -43.3% year-over-year. TTM net income dropped to $-41M. This contrasts with the 5-year CAGR of N/A.

What was FTCI's best earnings year?

FTC Solar, Inc.'s highest annual net income on record is $-13M, achieved in fiscal year 2019. Earnings history on this page spans 2019 to 2025 and includes all annual and quarterly figures.

What were FTCI's earnings last quarter?

FTCI's most recent reported quarter was Q1 2026. Net income was $33M with diluted EPS of $-0.72. For a full breakdown of all quarters, see the quarterly earnings table on this page.

FTCI Earnings Over Time (2019–2025)

Net income & EPS — annual and quarterly view