FTCI Q3 2025 Earnings — FTC Solar, Inc. Revenue & Financial Results | Market Cap Arena

FTCIFTC Solar, Inc.

$75M

Q3 2025 Earnings

Income Statement

Revenue

$26M+156.8% YoY

Gross Profit

$2M6.1% margin

Operating Income

-$8M-29.6% margin

Net Income

-$24M-92.0% margin

EPS (Diluted)

$-1.61

QoQ Revenue Growth

+30.2%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$15M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$112M

Total Liabilities

$125M

Stockholders' Equity

-$14M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$26M	$10M	+156.8%
Gross Profit	$2M	-$4M	+137.0%
Operating Income	-$8M	-$15M	+48.6%
Net Income	-$24M	-$15M	-55.9%

Revenue Segments

Product

$20M77%

Service

$6M23%