FTC Solar, Inc. (FTCI) Earnings History
Net Loss7 years of earnings data (2019–2025) · Currently unprofitable on a TTM basis
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FTC Solar, Inc. (FTCI) Earnings Overview
As of November 8, 2026, FTC Solar, Inc. (FTCI) reported trailing twelve-month net income of -$22M, reflecting -43.3% year-over-year growth. The company earned $-0.92 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 (-$111M net income, -4.1% margin), SHLS ($38M net income, 7.1% margin), NXT ($613M 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
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 $-0.92, 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 $-22M 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 $-22M. 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 $-22M. 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 Q3 2026. Net income was $7M with diluted EPS of $-0.54. For a full breakdown of all quarters, see the quarterly earnings table on this page.