The table below shows FTC Solar, Inc.'s income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
$17.27M
$26.03M
$19.99M
$20.80M
$10.14M
$11.43M
Cost of revenue
$18.49M
$24.44M
$23.91M
$24.25M
$14.44M
$13.77M
Gross profit
-$1.23M
$1.59M
-$3.92M
-$3.45M
-$4.31M
-$2.34M
R&D
$1.12M
$1.23M
$1.13M
$924.00K
$1.47M
$1.53M
FTCI annual revenue (10-K history)
FTC Solar, Inc. reported annual revenue of $99.69M for fiscal year 2025. That is up 110.5% from $47.35M in fiscal 2024. Over the 7 fiscal years shown, annual revenue grew from $53.12M (FY 2019) to $99.69M. Figures come from the company's audited annual reports as filed with the SEC.