FTCI Q2 2021 Earnings — FTC Solar, Inc. Revenue & Financial Results | Market Cap Arena

FTCIFTC Solar, Inc.

$72M

Q2 2021 Earnings

Income Statement

Revenue

$50M-2.1% YoY

Gross Profit

-$16M-32.0% margin

Operating Income

-$76M-151.6% margin

Net Income

-$56M-111.4% margin

EPS (Diluted)

$-0.70

QoQ Revenue Growth

-23.7%

Cash Flow

Operating Cash Flow

-$58M

Free Cash Flow

-$59M

Stock-Based Comp.

$53M

Balance Sheet

Total Assets

$241M

Total Liabilities

$60M

Stockholders' Equity

$181M

Cash & Equivalents

$150M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$50M	$51M	-2.1%
Gross Profit	-$16M	-$1M	-1061.9%
Operating Income	-$76M	-$6M	-1175.0%
Net Income	-$56M	-$7M	-724.1%

Revenue Segments

Product

$36M71%

Service

$14M29%

Geographic Segments

UNITED STATES

$50M100%

Other

$196,0000%