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FTCI Q3 2024 Earnings — FTC Solar, Inc. Revenue & Financial Results | Market Cap Arena
FTCI
FTC Solar, Inc.
$75M
Q3 2024 Earnings
Energy
Solar
Income Statement
Revenue
$10M
-66.8% YoY
Gross Profit
-$4M
-42.5% margin
Operating Income
-$15M
-147.8% margin
Net Income
-$15M
-151.5% margin
EPS (Diluted)
$-1.20
QoQ Revenue Growth
-11.3%
Cash Flow
Operating Cash Flow
-$2M
Free Cash Flow
-$3M
Stock-Based Comp.
$1M
Balance Sheet
Total Assets
$92M
Total Liabilities
$61M
Stockholders' Equity
$30M
Cash & Equivalents
$8M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$10M
$31M
-66.8%
Gross Profit
-$4M
$3M
-227.4%
Operating Income
-$15M
-$16M
+8.0%
Net Income
-$15M
-$17M
+9.3%
Revenue Segments
Product
$7M
73%
Service
$3M
27%
← FY 2024
All Quarters
Q4 2024 →