$FTCI

FTC Solar (NASDAQ:FTCI) reported Q2 GAAP gross loss of $2.2M (8.5% of revenue) and GAAP net loss of $27.1M ($1.69 per diluted share). It booked about $60M per quarter in aggregate bookings over the past three quarters and expects improved margins as volume rises. The company won new Australia projects and entered India, and ended Q2 with ~$11.2M cash.

FTC Solar (Nasdaq: FTCI) reported Q2 2026 revenue of $26.2M, up 51.5% q/q and 30.8% y/y. GAAP gross loss was $2.2M and GAAP net loss was $27.1M ($1.69 diluted loss per share). The company reaffirmed 2026 revenue growth of 40% and cited new project awards, a ~$560M contracted backlog, and an equity line of credit up to $20M.

FTC Solar, Inc. (FTCI) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 5 ftci-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 FTC Solar Announces Second Quarter 2026 Financial Results Second Quarter Highlights and Recent Developments • Second quarter revenue up 52% q/q, 31% y/y, ahead of target • Awarded 400MW project with top EPC and top developer

FTC Solar, Inc. has filed an amended annual report (Form 10-K/A) to include detailed Part III disclosures on directors, executive compensation, ownership, and auditor matters, which were previously omitted. The amendment outlines corporate governance, including a classified board and committee structures, executive compensation for 2025 heavily utilizing restricted stock units, and beneficial ownership. It also details related-party transactions and the company's 2021 Stock Incentive Plan.

FTC Solar, Inc. announced its management team will attend upcoming investor conferences. They will participate in the UBS Global Energy and Utilities Conference on March 17, 2026, and the Roth Conference on March 23, 2026, where CEO Yann Brandt will host a fireside chat. Both events will include in-person investor meetings to discuss the company's solar tracker systems and services.

FTC Solar has secured an 840 MW tracker supply contract in South Africa with Lubanzi Inala and Green Axis Africa. The three-year agreement will involve providing 1P and 2P tracker technologies, along with software and engineering services for projects across the country. The first project is slated to begin in mid-2026, initiating phased deliveries.

Cathy Behnen, CFO of FTC Solar, Inc. (NASDAQ:FTCI), sold 1,646 shares of common stock for $17,990 to cover tax obligations. Despite the impressive stock surge of 98% over the past year and a 140.84% return in the last six months, expert analysis suggests the company is burning through cash and isn't expected to be profitable this year. Amidst these developments, FTC Solar reported strong Q3 2025 results and secured a $37 million term loan, leading to positive revisions in price targets from analysts.

FTC Solar (NASDAQ:FTCI) CEO Yann Brandt sold 37,775 shares of FTC Solar stock for approximately $409,481 on December 30th, reducing his holding by 4.64%. Despite beating recent quarterly estimates, the company remains unprofitable with negative return on equity and net margin. Analysts have a consensus price target of $9.20 with mixed ratings on the stock.

Here is how Daqo New Energy (DQ) and FTC Solar (FTCI) have performed compared to their sector so far this year.

FTC Solar Inc. ( NASDAQ:FTCI ) shares surged after the solar-tracking systems provider reported third-quarter 2025 results that topped Wall Street expectations, highlighting a sharp rebound in growth and profitability.