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10-Q

Quarterly Report

FTC SOLAR, INC. FTCI

0000950170-25-102455

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Filed
Aug 5, 2025 12:00 AM ET
Period of report
Restated figures. One or more values in this filing restate previously reported amounts.

On SEC.gov

Financials in this filing

Metric Period Value
Shares Outstanding Q2 2025 · Jul 25, 2025 14.87M sh
Shares Diluted Q2 2025 · Jun 30, 2025 13.1M sh
Shares Diluted Q2 2025 · Jun 30, 2025 12.95M sh
Shares Diluted restated Q2 2025 · Jun 30, 2024 12.62M sh
Shares Diluted restated Q2 2025 · Jun 30, 2024 12.58M sh
Capex Q2 2025 · Jun 30, 2025 $185K
Capex Q2 2025 · Jun 30, 2025 $268K
Capex Q2 2025 · Jun 30, 2024 $699K
Capex Q2 2025 · Jun 30, 2024 $1.13M
Operating Cash Flow Q2 2025 · Jun 30, 2025 −$10.78M
Operating Cash Flow Q2 2025 · Jun 30, 2024 −$15.64M
Cash And Equivalents Q2 2025 · Jun 30, 2025 $3.52M
Cash And Equivalents Q2 2025 · Dec 31, 2024 $11.25M
Cash And Equivalents Q2 2025 · Jun 30, 2024 $10.78M
Stockholders Equity Q2 2025 · Jun 30, 2025 $9.04M
Stockholders Equity Q2 2025 · Mar 31, 2025 $15.53M
Stockholders Equity Q2 2025 · Dec 31, 2024 $19.04M
Stockholders Equity Q2 2025 · Jun 30, 2024 $44.24M
Stockholders Equity Q2 2025 · Mar 31, 2024 $55.16M
Stockholders Equity Q2 2025 · Dec 31, 2023 $62.47M
Current Liabilities Q2 2025 · Jun 30, 2025 $60.63M
Current Liabilities Q2 2025 · Dec 31, 2024 $49.07M
Total Liabilities Q2 2025 · Jun 30, 2025 $73.91M
Total Liabilities Q2 2025 · Dec 31, 2024 $70.89M
Current Assets Q2 2025 · Jun 30, 2025 $70.3M
Current Assets Q2 2025 · Dec 31, 2024 $76.13M
Total Assets Q2 2025 · Jun 30, 2025 $82.96M
Total Assets Q2 2025 · Dec 31, 2024 $89.93M
Total Assets Q2 2025 · Jun 30, 2024 $100.35M
Eps Diluted Q2 2025 · Jun 30, 2025 −$1.18
Eps Diluted Q2 2025 · Jun 30, 2025 −$1.49
Eps Diluted restated Q2 2025 · Jun 30, 2024 −$0.97
Eps Diluted restated Q2 2025 · Jun 30, 2024 −$1.67
Eps Basic Q2 2025 · Jun 30, 2025 −$1.18
Eps Basic Q2 2025 · Jun 30, 2025 −$1.49
Eps Basic restated Q2 2025 · Jun 30, 2024 −$0.97
Eps Basic restated Q2 2025 · Jun 30, 2024 −$1.67
Sga Expense Q2 2025 · Jun 30, 2025 $5.16M
Sga Expense Q2 2025 · Jun 30, 2025 $10.21M
Sga Expense Q2 2025 · Jun 30, 2024 $6.01M
Sga Expense Q2 2025 · Jun 30, 2024 $12.58M
Rd Expense Q2 2025 · Jun 30, 2025 $1.13M
Rd Expense Q2 2025 · Jun 30, 2025 $2.05M
Rd Expense Q2 2025 · Jun 30, 2024 $1.54M
Rd Expense Q2 2025 · Jun 30, 2024 $2.97M
Net Income Q2 2025 · Jun 30, 2025 −$15.43M
Net Income Q2 2025 · Jun 30, 2025 −$19.25M
Net Income Q2 2025 · Mar 31, 2025 −$3.82M
Net Income Q2 2025 · Jun 30, 2024 −$12.24M
Net Income Q2 2025 · Jun 30, 2024 −$21.01M
Net Income Q2 2025 · Mar 31, 2024 −$8.77M
Operating Income Q2 2025 · Jun 30, 2025 −$11.5M
Operating Income Q2 2025 · Jun 30, 2025 −$22.06M
Operating Income Q2 2025 · Jun 30, 2024 −$11.92M
Operating Income Q2 2025 · Jun 30, 2024 −$24.43M
Gross Profit Q2 2025 · Jun 30, 2025 −$3.92M
Gross Profit Q2 2025 · Jun 30, 2025 −$7.37M
Gross Profit Q2 2025 · Jun 30, 2024 −$2.34M
Gross Profit Q2 2025 · Jun 30, 2024 −$4.45M
Cost Of Revenue Q2 2025 · Jun 30, 2025 $23.91M
Cost Of Revenue Q2 2025 · Jun 30, 2025 $48.16M
Cost Of Revenue Q2 2025 · Jun 30, 2024 $13.77M
Cost Of Revenue Q2 2025 · Jun 30, 2024 $28.47M
Revenue Q2 2025 · Jun 30, 2025 $19.99M
Revenue Q2 2025 · Jun 30, 2025 $40.8M
Revenue Q2 2025 · Jun 30, 2024 $11.43M
Revenue Q2 2025 · Jun 30, 2024 $24.02M