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FTC Solar, Inc. revenue

FTC Solar, Inc.'s revenue was $99.7m in fiscal 2025, up 110.5% on the year before. Since fiscal 2019 ($53.1m) it has grown at a compound 11.1% a year. Over the last twelve months it was $102m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue5318727112312747100102
Growth on the year before—+252.7%+44.4%−54.5%+3.2%−62.7%+110.5%—
Gross profit−24−33−278−13−13

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Products $80.3M 80.6% ▲ 114.0%
Services $19.4M 19.4% ▲ 97.0%
Geography
Region Revenue Share YoY
United States $98.2M 98.5% ▲ 132.5%
Australia $1.4M 1.5% ▼ 66.8%
All Other $0 0.0% ▼ 100.0%

From FTC Solar, Inc.'s 10-K filed March 24, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Electrical Components & Equipment: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
FTC Solar, Inc. $102m 59.5% -4.1%
Ballard Power Systems Inc. $99.4m 42.5% —
Blink Charging Co. $96.5m -7.9% 0.8%
Skyx Platforms Corp. $96.2m 8.1% 85.7%
Amprius Technologies, Inc. $109m 143.6% 203.2%
Tigo Energy, Inc. $111m 49.5% -13.6%

Compare with peers

Head to head: BLDP vs FTCIBLNK vs FTCIFTCI vs SKYXAMPX vs FTCI

More: Electrical Components & Equipment stocks compared, Industrials sector, rankings of US companies

Figures from FTC Solar, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to FTC Solar, Inc.