Rankings
▼
Calendar
FTCI Q1 2024 Earnings — FTC Solar, Inc. Revenue & Financial Results | Market Cap Arena
FTCI
FTC Solar, Inc.
$75M
Q1 2024 Earnings
Energy
Solar
Income Statement
Revenue
$13M
-69.2% YoY
Gross Profit
-$2M
-16.7% margin
Operating Income
-$13M
-99.3% margin
Net Income
-$9M
-69.7% margin
EPS (Diluted)
$-0.07
QoQ Revenue Growth
-45.7%
Cash Flow
Operating Cash Flow
-$12M
Free Cash Flow
-$12M
Stock-Based Comp.
$2M
Balance Sheet
Total Assets
$115M
Total Liabilities
$60M
Stockholders' Equity
$55M
Cash & Equivalents
$14M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$13M
$41M
-69.2%
Gross Profit
-$2M
$2M
-203.6%
Operating Income
-$13M
-$12M
-0.8%
Net Income
-$9M
-$12M
+25.4%
Revenue Segments
Product
$11M
87%
Service
$2M
13%
← FY 2024
All Quarters
Q2 2024 →