FTC Solar

FTCI

Market cap $93.3M

FTC Solar, Inc. (FTCI) Q1 2026 Earnings Call Transcript

FTC Solar (FTCI) came out with a quarterly loss of $0.67 per share versus the Zacks Consensus Estimate of a loss of $0.41. This compares to a loss of $0.84 per share a year ago.

First Quarter Highlights and Recent Developments   Awarded 1GW agreement for 1P trackers from new customer with a leading global company offtaker First quarter revenue of $17.3 million Profitability metrics (ex-warrant gain) within target ranges Leadership transition announced with Board Member Anthony Carroll appointed CEO AUSTIN, Texas, May 05, 2026 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced financial results for the first quarter ended March 31, 2026 and a leadership transition. Leadership Transition Board Member Anthony Carroll has been appointed President and Chief Executive Officer of FTC Solar, effective April 29.

AUSTIN, Texas, April 30, 2026 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, today announced it will report its first quarter 2026 financial results before market open on Tuesday, May 5, 2026.

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AUSTIN, Texas, March 12, 2026 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, announced today that members of its management team are scheduled to participate in meetings with investors at the following upcoming conferences:

AUSTIN, Texas, March 10, 2026 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, announced today that it has signed a five-year, 1,000MW (1 gigawatt) expansion to its tracker supply agreement with Strata Clean Energy (Strata). "As we conclude our first 500 megawatts of 2P projects with Strata, we're incredibly pleased to be selected to work with them again on an additional 1 gigawatt of future projects,” commented Yann Brandt, FTC Solar's President and Chief Executive Officer.

FTC Solar remains a Hold as operational losses and financing risks persist despite strong revenue growth and margin improvements. 4Q25 saw revenues up 146% YoY and record non-GAAP gross margin of 23%, but operational losses continue and cash burn remains high. A technical default on a credit covenant triggered a sharp stock drop; management clarified this risk, but financing sustainability is still in question.

FTC Solar, Inc. (FTCI) Q4 2025 Earnings Call Transcript

FTC Solar (FTCI) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to a loss of $0.8 per share a year ago.