FTC Solar, Inc. (FTCI)
NASDAQ: FTCI · Real-Time Price · USD
2.160
-0.080 (-3.57%)
At close: Aug 20, 2026, 4:00 PM EDT
2.110
-0.050 (-2.31%)
After-hours: Aug 20, 2026, 5:21 PM EDT
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 | Jun '26 Jun 30, 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 | -54.85 | -79.58 | -48.61 | -50.29 | -99.61 | -106.59 |
Depreciation & Amortization | 1.23 | 1.04 | 1.42 | 0.71 | 0.52 | 0.17 |
Other Amortization | 8.31 | 4.04 | 0.54 | 1.37 | 1.09 | 0.52 |
Loss (Gain) From Sale of Assets | -0.11 | -0.14 | -0.91 | -0 | 0.18 | - |
Loss (Gain) From Sale of Investments | - | -3.2 | -8.81 | -1.32 | -1.75 | -20.83 |
Loss (Gain) on Equity Investments | -2.11 | -1.55 | 1.09 | 0.66 | - | 0.35 |
Stock-Based Compensation | 9.25 | 4.96 | 5.41 | 8.3 | 20.3 | 61.77 |
Provision & Write-off of Bad Debts | 1.12 | 1.35 | 2.07 | 7.37 | 1.16 | -0.09 |
Other Operating Activities | 10.84 | 47.94 | 13.61 | 6.24 | 14.8 | 7.42 |
Change in Accounts Receivable | 2.88 | -10.19 | 23.5 | -23.6 | 57.34 | -83.72 |
Change in Inventory | -2.43 | 1.43 | -6.42 | 10.34 | -7.9 | -7.26 |
Change in Accounts Payable | -11.18 | -4.51 | 4.96 | -7.96 | -22.94 | 21.66 |
Change in Unearned Revenue | 3.96 | 1.87 | 1.75 | -7.7 | 9.9 | -21.56 |
Change in Other Net Operating Assets | 5.96 | 3.1 | -24.33 | 3.23 | -27.59 | 15.31 |
Operating Cash Flow | -27.14 | -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 | Jun '26 Jun 30, 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 | -1.46 | -1.13 | -1.65 | -0.82 | -0.99 | -1.03 |
Sale of Property, Plant & Equipment | 0.12 | 0.15 | 0.9 | - | 0.09 | - |
Cash Acquisitions | 0.58 | 0.58 | - | - | -5.09 | - |
Investment in Securities | - | 3.2 | 7.01 | 0.42 | 1.75 | 22.33 |
Investing Cash Flow | -0.76 | 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 | Jun '26 Jun 30, 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 | - | - | - | - | - | -1 |
Net Debt Issued (Repaid) | 29.7 | 35.96 | 14.55 | - | - | -1 |
Issuance of Common Stock | 6.19 | 4.73 | 0.01 | 34.23 | 0.9 | 241.47 |
Repurchase of Common Stock | - | - | - | - | - | -54.16 |
Other Financing Activities | -0.49 | -0.28 | -0.06 | -0.28 | - | -5.95 |
Financing Cash Flow | 35.4 | 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 | Jun '26 Jun 30, 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 | 0.06 | 0.1 | -0.05 | -0.05 | 0.05 | -0.01 |
Net Cash Flow | 7.56 | 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 | Jun '26 Jun 30, 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 | -28.6 | -34.57 | -36.34 | -53.47 | -55.5 | -133.88 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -27.95% | -34.68% | -76.75% | -42.10% | -45.09% | -49.49% |
Free Cash Flow Per Share | -1.85 | -2.47 | -2.87 | -4.63 | -5.47 | -15.56 |
Levered Free Cash Flow | -14.28 | -23.21 | -14.52 | -35.16 | -15.48 | -84.35 |
Unlevered Free Cash Flow | -12.98 | -21.89 | -14.4 | -35.08 | -15.32 | -84.3 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Cash Interest Paid | 2.53 | 0.79 | 0.22 | 0.58 | 0.78 | 0.46 |
Cash Income Tax Paid | 0.23 | 0.01 | 0.13 | 0.18 | 0.12 | 0.08 |
Change in Working Capital | -0.81 | -8.3 | -0.53 | -25.7 | 8.8 | -75.58 |