FTC Solar (FTCI) Financials: Revenue & Earnings
FTCI$1.32+0.01 +0.38%
$21.89M
Market Cap
-0.21
P/E
0.95
Forward P/E
66
Score
FTC Solar (FTCI) Financials: Revenue & Earnings
FTCI price $1.32 +0.01 +0.38%
- Ticker
- FTCI
- Price
- $1.32
- Change
- +0.01 +0.38%
- Market cap ?
- $21.89M
- P/E ?
- -0.21
- Forward P/E ?
- 0.95
- Dividend yield ?
- 0.00%
- Beta ?
- 1.77
- Sector
- Energy
- Industry
- Solar
- Stocklytics score
- 66
- Value
- 58
- Quality
- 39
- Growth
- 100
Stocklytics score rationale: value 58, quality 39, growth 100.
Financials
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 53124000 | 187352000 | 270525000 | 123066000 | 127002000 | 47355000 | 99687000 |
FTC Solar, Inc. operates internationally, with a significant presence in the United States and Vietnam, specializing in advanced solar energy solutions. The company provides cutting-edge solar tracker systems, supporting technology, specialized software, and expert engineering services. Among its core offerings is the Voyager single-axis tracker, designed to orient two solar panels in a portrait configuration…
Fair value
FTCI fair value $20.01. Price $1.32. Price is 93% below fair value.
Below fair value, and cheaper than usual. A larger discount than on more than 99% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 7.39M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 1.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 16.52M. Net debt 12.78M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-04 | — | -0.43 | — | 32.75M |
| 2026-08-05 | -1.69 | -0.44 | 26.16M | 24.39M |
| 2026-05-05 | -0.67 | -0.41 | 17.27M | 24.26M |
| 2026-03-05 | -2.23 | -0.26 | 32.86M | 32.81M |
| 2025-11-12 | -1.61 | -0.50 | 26.03M | 21.12M |
| 2025-08-05 | -1.18 | -0.70 | 19.99M | 21.13M |
| 2025-05-01 | -0.30 | -0.67 | 20.80M | 18.83M |
| 2025-03-31 | -0.96 | -0.93 | 13.20M | 11.62M |
| 2024-11-12 | -1.20 | -0.80 | 10.14M | 9.90M |
| 2024-08-08 | -0.90 | -0.90 | 11.43M | 13.04M |
| 2024-05-10 | -0.90 | -0.90 | 12.59M | 12.82M |
| 2024-03-13 | -0.80 | -0.08 | 23.20M | 22.76M |
| 2023-11-08 | -0.80 | -0.10 | 30.55M | 29.21M |
| 2023-08-09 | -0.60 | -0.45 | 32.36M | 47.38M |
| 2023-05-10 | -0.70 | -0.93 | 40.89M | 38.46M |
| 2023-02-28 | -1.10 | -0.19 | 26.22M | 24.78M |
| 2022-11-09 | -0.17 | -0.17 | 16.57M | 17.22M |
| 2022-08-09 | -0.18 | -1.60 | 30.72M | 32.44M |
| 2022-05-10 | -0.20 | -1.20 | 49.55M | 61.75M |
| 2022-03-15 | -0.25 | -1.20 | 101.72M | 72.58M |
| 2021-11-10 | -0.24 | -2.00 | 52.99M | 45.04M |
| 2021-08-11 | -2.10 | -1.30 | 50.11M | 50.11M |
| 2021-06-08 | -0.10 | -0.70 | 65.71M | 65.13M |
| 2020-12-31 | -1.41 | — | 44.18M | — |
| 2020-09-30 | -0.41 | — | 59.64M | — |
| 2020-06-30 | -0.98 | — | 51.16M | — |
| 2020-03-31 | 0.50 | — | 32.38M | — |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-22 | Springer David | Buy | 22.22K | — | — |
| 2026-10-22 | ALVAREZ ANTONIO R | Buy | 31.11K | — | — |
| 2026-10-22 | SADASIVAM SHAKER | Buy | 48.89K | — | — |
| 2026-10-22 | Chatila Ahmad R | Buy | 22.22K | — | — |
| 2026-10-22 | Barahona Pablo | Buy | 26.67K | — | — |
| 2026-10-22 | Carroll Anthony | Buy | 7.18K | — | — |
| 2026-08-28 | SADASIVAM SHAKER | Buy | 101.08K | $2.69 | 271.91K |
| 2026-08-27 | SADASIVAM SHAKER | Buy | 39.58K | $2.35 | 93.02K |
| 2026-08-26 | SADASIVAM SHAKER | Buy | 33.29K | $2.19 | 72.91K |
| 2026-08-25 | Carroll Anthony | Buy | 24.75K | $2.08 | 51.47K |
| 2026-05-07 | ALVAREZ ANTONIO R | Buy | 2.50K | $4.23 | 10.58K |
| 2026-05-06 | ALVAREZ ANTONIO R | Buy | 2.50K | $3.98 | 9.95K |
| 2026-05-06 | Carroll Anthony | Buy | 7.25K | $3.43 | 24.87K |
| 2026-05-06 | SADASIVAM SHAKER | Buy | 27.02K | $3.70 | 99.99K |
| 2026-05-04 | Carroll Anthony | Buy | 200.00K | — | — |
| 2026-05-04 | Carroll Anthony | Buy | 400.00K | — | — |
| 2026-01-15 | Aminpour Sasan | Buy | 25.00K | — | — |
| 2025-12-30 | Behnen Cathy | Sell | 1.65K | $10.93 | 17.99K |
| 2025-12-30 | Aminpour Sasan | Sell | 3.24K | $10.93 | 35.40K |
| 2025-12-30 | Brandt Yann | Sell | 37.45K | $10.83 | 405.58K |
| 2025-12-30 | Brandt Yann | Sell | 325 | $11.67 | 3.79K |
| 2025-12-16 | Carroll Anthony | Buy | 10.64K | $9.53 | 101.38K |
| 2025-12-15 | Carroll Anthony | Buy | 13.57K | — | — |
| 2025-12-15 | Carroll Anthony | Other | 45.00K | $6.70 | 301.50K |
| 2025-12-02 | Brandt Yann | Sell | 2.50K | — | — |
| 2025-11-18 | Springer David | Sell | 100.00K | $8.98 | 898.00K |
| 2025-10-20 | Aminpour Sasan | Buy | 125.00K | — | — |
| 2025-10-20 | Behnen Cathy | Buy | 150.00K | — | — |
| 2025-10-20 | Brandt Yann | Buy | 400.00K | — | — |
| 2025-08-05 | ALVAREZ ANTONIO R | Buy | 7.71K | — | — |
| 2025-08-05 | ALVAREZ ANTONIO R | Buy | 13.58K | — | — |
| 2025-08-05 | ALVAREZ ANTONIO R | Other | 0 | — | — |
| 2025-06-12 | Barahona Pablo | Buy | 9.04K | — | — |
| 2025-06-12 | PRIDDY WILLIAM A | Buy | 9.04K | — | — |
| 2025-06-12 | Chatila Ahmad R | Buy | 9.04K | — | — |
| 2025-06-12 | Springer David | Buy | 9.04K | — | — |
| 2025-06-12 | Jackson Darrell B. | Buy | 9.04K | — | — |
| 2025-06-12 | SADASIVAM SHAKER | Buy | 9.04K | — | — |
| 2025-06-12 | Hung Lisan | Buy | 9.04K | — | — |
| 2025-04-30 | Behnen Cathy | Buy | 50.00K | — | — |
| 2025-04-30 | Aminpour Sasan | Buy | 50.00K | — | — |
| 2025-04-30 | Brandt Yann | Buy | 125.00K | — | — |
| 2025-04-28 | Sultan Maximillian | Other | 0 | — | — |
| 2025-04-28 | Jackson Darrell B. | Other | 0 | — | — |
| 2025-04-02 | Chatila Ahmad R | Buy | 16.74K | $2.93 | 49.05K |
| 2025-04-02 | Chatila Ahmad R | Buy | 16.74K | $2.93 | 49.05K |
| 2025-04-01 | Chatila Ahmad R | Buy | 16.92K | $2.91 | 49.24K |
| 2025-04-01 | Chatila Ahmad R | Buy | 16.92K | $2.91 | 49.24K |
| 2025-04-01 | Behnen Cathy | Sell | 2.64K | $2.63 | 6.94K |
| 2024-12-13 | Brandt Yann | Buy | 31.45K | $3.12 | 98.12K |
| 2024-12-06 | Brandt Yann | Buy | 1.35K | $3.01 | 4.06K |
| 2024-12-06 | Brandt Yann | Buy | 8.90K | $2.98 | 26.52K |
| 2024-12-06 | Brandt Yann | Buy | 1.35K | $3.01 | 4.06K |
| 2024-12-06 | Brandt Yann | Buy | 8.90K | $2.98 | 26.52K |
| 2024-09-06 | Chatila Ahmad R | Buy | 238.00K | $0.21 | 49.98K |
| 2024-09-04 | Chatila Ahmad R | Buy | 110.00K | $0.23 | 25.30K |
| 2024-08-26 | Chatila Ahmad R | Buy | 100.00K | $0.25 | 25.00K |
| 2024-08-20 | Quiroga Cortes Isidoro Alfonso | Buy | 30.00K | $0.26 | 7.80K |
| 2024-08-19 | Quiroga Cortes Isidoro Alfonso | Buy | 160.00K | $0.25 | 40.00K |
| 2024-08-19 | Chatila Ahmad R | Buy | 100.00K | $0.25 | 25.00K |
| 2024-08-19 | Brandt Yann | Buy | 2.50M | — | — |
| 2024-08-19 | Brandt Yann | Buy | 4.00M | — | — |
| 2024-08-19 | Brandt Yann | Other | 0 | — | — |
| 2024-08-16 | Quiroga Cortes Isidoro Alfonso | Buy | 200.00K | $0.25 | 50.00K |
| 2024-08-15 | Quiroga Cortes Isidoro Alfonso | Buy | 106.05K | $0.24 | 25.45K |
| 2024-08-15 | Quiroga Cortes Isidoro Alfonso | Buy | 3.95K | $0.26 | 1.03K |
| 2024-08-14 | Quiroga Cortes Isidoro Alfonso | Buy | 321.34K | $0.25 | 80.33K |
| 2024-08-13 | Quiroga Cortes Isidoro Alfonso | Buy | 40.00K | $0.22 | 8.80K |
| 2024-08-12 | Barahona Pablo | Buy | 16.96K | — | — |
| 2024-08-12 | Barahona Pablo | Sell | 0 | — | — |
| 2024-08-12 | Quiroga Cortes Isidoro Alfonso | Buy | 500.00K | $0.22 | 110.00K |
| 2024-08-12 | Chatila Ahmad R | Buy | 212.80K | $0.23 | 48.94K |
| 2024-06-14 | Chatila Ahmad R | Buy | 108.06K | $0.45 | 48.63K |
| 2024-06-13 | Chatila Ahmad R | Buy | 114.73K | $0.44 | 50.48K |
| 2024-06-06 | Springer David | Buy | 90.45K | — | — |
| 2024-06-06 | Quiroga Cortes Isidoro Alfonso | Buy | 90.45K | — | — |
| 2024-06-06 | PRIDDY WILLIAM A | Buy | 90.45K | — | — |
| 2024-06-06 | Hung Lisan | Buy | 90.45K | — | — |
| 2024-06-06 | SADASIVAM SHAKER | Buy | 90.45K | — | — |
| 2024-03-26 | Chatila Ahmad R | Buy | 97.40K | $0.51 | 49.67K |
| 2024-03-22 | Chatila Ahmad R | Buy | 92.60K | $0.55 | 50.93K |
| 2024-03-21 | Cook Patrick | Sell | 23.00K | $0.58 | 13.34K |
| 2024-03-20 | Cook Patrick | Sell | 48.91K | $0.53 | 25.92K |
| 2024-03-20 | Mullings Tamara | Sell | 25.44K | $0.55 | 13.99K |
| 2024-03-20 | Chatila Ahmad R | Buy | 92.50K | $0.54 | 49.95K |
| 2024-03-18 | Chatila Ahmad R | Buy | 101.80K | $0.49 | 49.88K |
| 2024-02-12 | Behnen Cathy | Buy | 200.00K | — | — |
| 2023-12-13 | Morris Robert Phelps | Sell | 19.79K | $0.73 | 14.45K |
| 2023-12-12 | Cook Patrick | Buy | 600.00K | — | — |
| 2023-12-12 | Behnen Cathy | Buy | 400.00K | — | — |
| 2023-12-12 | Aminpour Sasan | Buy | 800.00K | — | — |
| 2023-12-08 | Chatila Ahmad R | Buy | 13.96K | $0.75 | 10.47K |
| 2023-12-01 | Chatila Ahmad R | Buy | 14.55K | $0.68 | 9.89K |
| 2023-11-17 | SADASIVAM SHAKER | Buy | 59.80K | $0.51 | 30.50K |
| 2023-11-17 | PRIDDY WILLIAM A | Buy | 20.00K | $0.52 | 10.40K |
| 2023-11-15 | Behnen Cathy | Buy | 100.00K | $0.52 | 52.00K |
| 2023-11-14 | Chatila Ahmad R | Buy | 213.03K | $0.47 | 100.12K |
| 2023-11-09 | Aminpour Sasan | Buy | 220.00K | $0.44 | 96.80K |
| 2023-09-14 | Morris Robert Phelps | Buy | 72.00K | $1.40 | 100.80K |
| 2023-09-14 | ARC Family Trust | Sell | 50.00K | $1.40 | 70.00K |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 37, holders -2 vs prior quarter. Ownership 8.92%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | 449.37K | 4.29K | +0.96% | 2.28M |
| GILDER GAGNON HOWE & CO LLC | 250.78K | 250.78K | New | 1.27M |
| GEODE CAPITAL MANAGEMENT, LLC | 121.24K | -1.86K | -1.51% | 616.35K |
| BLACKROCK, INC. | 114.35K | 12.30K | +12.05% | 580.88K |
| VANGUARD FIDUCIARY TRUST CO | 71.39K | 11.99K | +20.19% | 362.68K |
| CERITY PARTNERS LLC | 49.03K | 0 | 0.00% | 249.08K |
| MARSHALL WACE, LLP | 48.28K | -55.33K | -53.40% | 245.27K |
| GSA CAPITAL PARTNERS LLP | 46.37K | -3.10K | -6.26% | 236.00K |
| STATE STREET CORP | 45.47K | 0 | 0.00% | 230.99K |
| MORGAN STANLEY | 41.46K | 25.68K | +162.65% | 210.62K |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 29.03K | -10.00K | -25.62% | 147.49K |
| SQUAREPOINT OPS LLC | 28.01K | -66.02K | -70.21% | 142.31K |
| NORTHERN TRUST CORP | 26.57K | 7.34K | +38.16% | 135.00K |
| CITADEL ADVISORS LLC | 24.70K | 24.70K | New | 125.48K |
| UBS GROUP AG | 24.61K | 982 | +4.16% | 124.99K |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | 23.50K | 23.50K | New | 119.38K |
| XTX TOPCO LTD | 19.76K | 19.76K | New | 100.40K |
| CITADEL ADVISORS LLC | 16.96K | 16.96K | New | 86.15K |
| LAUREL OAK WEALTH MANAGEMENT, LLC | 16.00K | 0 | 0.00% | 81.28K |
| GOLDMAN SACHS GROUP INC | 14.13K | -19.23K | -57.64% | 71.78K |
| MERCER GLOBAL ADVISORS INC /ADV | 9.92K | 9.92K | New | 50.41K |
| VANGUARD GLOBAL ADVISERS, LLC | 5.85K | 0 | 0.00% | 29.74K |
| RICHARDSON CAPITAL MANAGEMENT LLC | 1.02K | 0 | 0.00% | 5.16K |
| WELLS FARGO & COMPANY/MN | 597 | 0 | 0.00% | 3.03K |
| BARCLAYS PLC | 242 | 241 | +24100.00% | 1.23K |
Earnings and financials
FTC Solar, Inc. (FTCI) trades at $1.32, with a market cap of $21.89M and a trailing P/E of -0.21. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 53124000 | 187352000 | 270525000 | 123066000 | 127002000 | 47355000 | 99687000 |
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