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FTC Solar, Inc.

FTCI · XNAS

CIK 1828161fmd_1R3S7XPXBSPBM6K8920BM8991JManufacturing · Semiconductors & Related DevicesTemplate: Standard

Coverage: Jan 01, 2019 to Sep 30, 2026, 28 periods

Income Statement · Annual · Millions · USD
Line itemFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Total revenues5318727112312747100
Cost of revenue5518430315011960101
Net interest income(0)(0)(1)(1)(0)(0)–
Gross profit(2)4(33)(27)8(13)(1)
Research and development451210764
Selling, general and administrative6158362523430
Total operating expenses10219472594035
Operating income(12)(17)(127)(100)(51)(53)(35)
Interest expense––––(1)18
Other non-operating income (expense)––––(0)00
Income before taxes(14)(16)(106)(99)(51)(48)(79)
Income tax expense(0)(0)00(0)01
Net income from continuing operations(13)(16)(107)(100)(50)(49)(80)
Net income(13)(16)(107)(100)(50)(49)(80)
FTC Solar, Inc. (FTCI) financial statements · FinancialMD