Earnings summaries and quarterly performance for FTC Solar.
Executive leadership at FTC Solar.
Board of directors at FTC Solar.
Research analysts who have asked questions during FTC Solar earnings calls.
JO
Jeffrey Osborne
TD Cowen
3 questions for FTCI
Also covers: ASPN, AUR, BLDP +14 more
PS
Philip Shen
ROTH MKM
3 questions for FTCI
Also covers: ARRY, CSIQ, DQ +12 more
Sameer Joshi
H.C. Wainwright & Co.
2 questions for FTCI
Also covers: ALTO, AMTX, BEEM +24 more
AD
Amit Dayal
H.C. Wainwright & Co., LLC
1 question for FTCI
Also covers: ACHR, AIRJ, AMPX +26 more
GP
Graham Price
Raymond James
1 question for FTCI
Also covers: ADSE, SOL
Recent press releases and 8-K filings for FTCI.
FTCI Reports Strong Q3 2025 Results and Positive Q4 Outlook
FTCI
Earnings
Guidance Update
M&A
- FTC Solar reported Q3 2025 revenue of $26 million, exceeding guidance, and achieved its best Adjusted EBITDA loss of $4 million since Q3 2020, marking the highest levels in five years. The company also returned to positive non-GAAP gross profit of $2 million, or 7.7% of revenue, for the first time since late 2023.
- For Q4 2025, the company projects revenue between $30 million and $35 million and adjusted EBITDA between a loss of $5.4 million and breakeven. Management expects to be adjusted EBITDA positive for the full year in 2026.
- FTC Solar acquired the remaining 55% interest in Alpha Steel, becoming the sole owner, a move anticipated to lower COGS, improve gross margin, and increase adjusted EBITDA.
- The company's Master Supply Agreements (MSAs) have grown to over 7.5 gigawatts, including a new 1-gigawatt agreement with Livona Renewables. FTC Solar continues to highlight its product innovation, such as a washerless tracker, and its tracker's installation efficiency of 0.053 labor hours per module, which is nearly two times faster than competitors.
Nov 12, 2025, 1:30 PM
FTCI Announces Strong Q3 2025 Financial Results and Provides Q4 2025 Guidance
FTCI
Earnings
Guidance Update
Revenue Acceleration/Inflection
- FTCI reported Q3 2025 revenue of $26.0 million, surpassing its guidance range and marking a 157% year-over-year increase, the highest level in eight quarters.
- The company achieved a positive Non-GAAP Gross Margin of 7.7% in Q3 2025, a substantial improvement from (38.3%) in Q3 2024, and reported Adjusted EBITDA of $(4.0) million, which was better than guidance and the best level in five years.
- FTCI enhanced its balance sheet by securing a $75 million facility and closing on $37.5 million in Q3 2025, and provided Q4 2025 revenue guidance of $30.0 million to $35.0 million.
Nov 12, 2025, 1:30 PM
FTC Solar Announces Q3 2025 Financial Results
FTCI
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- FTC Solar reported third-quarter revenue of $26.0 million, marking a 156.8% increase year-over-year and a 30.2% increase compared to the prior quarter.
- The company achieved a GAAP gross profit of $1.6 million, or 6.1% of revenue, and a Non-GAAP gross profit of $2.0 million, or 7.7% of revenue, representing a return to positive gross margin for the first time since late 2023.
- FTC Solar recorded its lowest loss from Operations and best Adjusted EBITDA since 2020.
- During the quarter, the company secured a $75 million strategic financing facility and announced a 1GW tracker supply agreement with Levona Renewables.
Nov 12, 2025, 11:40 AM
Quarterly earnings call transcripts for FTC Solar.
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