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. Beyond hardware, FTC Solar develops crucial software platforms, including SunPath for optimizing energy production; Atlas, an enterprise-level, web-based database for managing extensive project portfolios; and SunDAT, a sophisticated tool for automated design and optimization of solar panel systems tailored for residential, commercial, and large-scale utility installations. FTC Solar's client base is diverse, comprising solar project developers, owners of solar assets, and engineering, procurement, and construction (EPC) contractors who are responsible for conceptualizing and executing solar energy ventures. The company was founded in 2017 and is based in Austin, Texas.
Regular session
$1.92
−$0.01 · -0.52%
Regular session · ET · Market data may be delayed.
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. Beyond hardware, FTC Solar develops crucial software platforms, including SunPath for optimizing energy production; Atlas, an enterprise-level, web-based database for managing extensive project portfolios; and SunDAT, a sophisticated tool for automated design and optimization of solar panel systems tailored for residential, commercial, and large-scale utility installations. FTC Solar's client base is diverse, comprising solar project developers, owners of solar assets, and engineering, procurement, and construction (EPC) contractors who are responsible for conceptualizing and executing solar energy ventures. The company was founded in 2017 and is based in Austin, Texas.
Day range
Current $1.92
52-week range
Current $1.92
Regular session · ET · Market data may be delayed.
GoAI Score
Sell
Valuation
57
Fair Value
Sentiment
54
Mixed
Risk
79
High Risk
Momentum
37
Weakening
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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. Beyond hardware, FTC Solar develops crucial software platforms, including SunPath for optimizing energy production; Atlas, an enterprise-level, web-based database for managing extensive project portfolios; and SunDAT, a sophisticated tool for automated design and optimization of solar panel systems tailored for residential, commercial, and large-scale utility installations. FTC Solar's client base is diverse, comprising solar project developers, owners of solar assets, and engineering, procurement, and construction (EPC) contractors who are responsible for conceptualizing and executing solar energy ventures. The company was founded in 2017 and is based in Austin, Texas.
Day range
Current $1.92
52-week range
Current $1.92
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 99.69M USD | 47.36M USD | 127M USD | 123.07M USD | 270.53M USD |
| Cost of goods sold | 98.56M USD | 59.95M USD | 118.7M USD | 150.29M USD | 303.07M USD |
| Gross profit | 1.13M USD | −12.59M USD | 8.31M USD | −27.23M USD | −32.55M USD |
| Research and development | 4.39M USD | 5.92M USD | 7.17M USD | 9.95M USD | 11.54M USD |
| Selling, general, and administrative | 30.16M USD | 34.32M USD | 51.92M USD | 62.4M USD | 82.72M USD |
| Operating expenses | 34.54M USD | 40.24M USD | 59.08M USD | 72.34M USD | 94.26M USD |
| Interest income | 23K USD | — | — | — | — |
| Interest expense | 7.56M USD | 319K USD | 253K USD | 978K USD | 814K USD |
| Depreciation and amortization | 1.28M USD | 1.67M USD | 1.38M USD | 900K USD | 232K USD |
| Operating income | −33.42M USD | −52.83M USD | −50.78M USD | −99.57M USD | −126.8M USD |
| Net income | −76.92M USD | −48.61M USD | −50.29M USD | −99.61M USD | −106.59M USD |
Company facts updated Oct 9, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Average target
$5.30
176.04% upside| Action | Effective date | Details | Record date | Payment date |
|---|---|---|---|---|
Stock split | Dec 2, 2024 | 1:10 | — | — |
Effective Dec 2, 2024
1:10
Funds reporting this stock among their holdings, ordered by reported position size.
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