FTC Solar, Inc. (FTCI)
NASDAQ: FTCI · Real-Time Price · USD
2.670
+0.040 (1.52%)
Jul 31, 2026, 1:28 PM EDT - Market open
FTC Solar Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -43.16 | -79.58 | -48.61 | -50.29 | -99.61 | -106.59 |
Depreciation & Amortization | 1.34 | 1.28 | 1.67 | 8.3 | 0.9 | 0.23 |
Stock-Based Compensation | 8.02 | 4.96 | 5.41 | 1.38 | 20.3 | 61.77 |
Other Adjustments | 9.4 | 48.2 | 7.35 | 13.66 | 15.1 | -12.69 |
Change in Receivables | -6.4 | -10.19 | 23.5 | -23.6 | 57.34 | -83.72 |
Changes in Inventories | -1.88 | 1.43 | -6.42 | 10.34 | -7.9 | -7.26 |
Changes in Accounts Payable | -7.83 | -4.51 | 4.96 | -7.96 | -22.94 | 21.66 |
Changes in Accrued Expenses | 1.88 | 2.56 | -19.29 | 10.58 | -32.67 | 34.1 |
Changes in Unearned Revenue | 2.6 | 1.87 | 1.75 | -7.7 | 9.9 | -21.56 |
Changes in Other Operating Activities | -1.35 | 0.54 | -5.04 | -7.35 | 5.08 | -18.78 |
Operating Cash Flow | -37.73 | -33.44 | -34.7 | -52.66 | -54.51 | -132.85 |
Operating Cash Flow Growth | - | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -1.32 | -1.13 | -1.65 | -0.82 | -0.99 | -1.03 |
Sale of Property, Plant & Equipment | 0 | 0.01 | - | - | 0.09 | - |
Proceeds from Sale of Investments | - | 3.2 | 8.81 | 1.32 | 1.75 | 22.33 |
Cash Acquisitions | - | 0.58 | - | - | -5.09 | - |
Proceeds from Business Divestments | - | 0.14 | 0.9 | -0.9 | - | - |
Other Investing Activities | - | - | -1.8 | - | - | - |
Investing Cash Flow | -0.6 | 2.8 | 6.26 | -0.4 | -4.25 | 21.31 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 35.96 | 14.55 | - | - | - |
Long-Term Debt Repaid | -3.03 | - | - | - | - | -1 |
Net Long-Term Debt Issued (Repaid) | -3.03 | 35.96 | 14.55 | - | - | -1 |
Issuance of Common Stock | 0.01 | 4.73 | 0.01 | 34.23 | 0.9 | 241.47 |
Repurchase of Common Stock | - | - | - | - | - | -54.16 |
Net Common Stock Issued (Repurchased) | 0.01 | 4.73 | 0.01 | 34.23 | 0.9 | 187.32 |
Other Financing Activities | - | -0.28 | -0.06 | -0.28 | - | -5.95 |
Financing Cash Flow | 37.98 | 40.4 | 14.5 | 33.95 | 0.9 | 180.37 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 0.09 | 0.1 | -0.05 | -0.05 | 0.05 | -0.01 |
Net Cash Flow | -0.27 | 9.86 | -13.99 | -19.15 | -57.8 | 68.81 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -39.06 | -34.57 | -36.34 | -53.47 | -55.5 | -133.88 |
Free Cash Flow Growth | - | - | - | - | - | - |
FCF Margin | -40.62% | -34.68% | -76.75% | -42.10% | -45.09% | -49.49% |
Free Cash Flow Per Share | -2.38 | -2.47 | -2.87 | -4.63 | -5.47 | -15.56 |
Levered Free Cash Flow | -52.76 | -41.59 | -58.06 | -44.91 | -148.24 | -100.23 |
Unlevered Free Cash Flow | -43.42 | -33.15 | -76.58 | -45.73 | -147.76 | -119.25 |