FTCI Q1 2025 Earnings — FTC Solar, Inc. Revenue & Financial Results | Market Cap Arena

FTCIFTC Solar, Inc.

$75M

Q1 2025 Earnings

Income Statement

Revenue

$21M+65.3% YoY

Gross Profit

-$3M-16.6% margin

Operating Income

-$11M-50.8% margin

Net Income

-$4M-18.4% margin

EPS (Diluted)

$-0.58

QoQ Revenue Growth

+57.6%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$9M

Stock-Based Comp.

$280,000

Balance Sheet

Total Assets

$84M

Total Liabilities

$69M

Stockholders' Equity

$16M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$21M	$13M	+65.3%
Gross Profit	-$3M	-$2M	-63.5%
Operating Income	-$11M	-$13M	+15.5%
Net Income	-$4M	-$9M	+56.5%

Revenue Segments

Product

$18M87%

Service

$3M13%