FTC Solar, Inc. (FTCI)
NASDAQ: FTCI · Real-Time Price · USD
9.43
+0.24 (2.61%)
Nov 28, 2025, 1:00 PM EST - Market closed

FTC Solar Statistics

Total Valuation

FTC Solar has a market cap or net worth of $140.89 million. The enterprise value is $134.17 million.

Market Cap140.89M
Enterprise Value 134.17M

Important Dates

The last earnings date was Wednesday, November 12, 2025, before market open.

Earnings Date Nov 12, 2025
Ex-Dividend Date n/a

Share Statistics

FTC Solar has 14.94 million shares outstanding. The number of shares has increased by 6.89% in one year.

Current Share Class 14.94M
Shares Outstanding 14.94M
Shares Change (YoY) +6.89%
Shares Change (QoQ) +13.75%
Owned by Insiders (%) 22.56%
Owned by Institutions (%) 3.87%
Float 10.40M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 1.58
Forward PS 0.71
PB Ratio n/a
P/TBV Ratio n/a
P/FCF Ratio n/a
P/OCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.68
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.66

Current Ratio 1.66
Quick Ratio 1.27
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -11.75

Financial Efficiency

Return on equity (ROE) is -651.67% and return on invested capital (ROIC) is -147.40%.

Return on Equity (ROE) -651.67%
Return on Assets (ROA) -26.18%
Return on Invested Capital (ROIC) -147.40%
Return on Capital Employed (ROCE) -79.70%
Revenue Per Employee $396,178
Profits Per Employee -$274,366
Employee Count202
Asset Turnover 0.79
Inventory Turnover 7.86

Taxes

In the past 12 months, FTC Solar has paid $269,000 in taxes.

Income Tax 269,000
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +188.12% in the last 52 weeks. The beta is 1.46, so FTC Solar's price volatility has been higher than the market average.

Beta (5Y) 1.46
52-Week Price Change +188.12%
50-Day Moving Average 8.38
200-Day Moving Average 5.29
Relative Strength Index (RSI) 55.23
Average Volume (20 Days) 421,364

Short Selling Information

The latest short interest is 1.05 million, so 7.03% of the outstanding shares have been sold short.

Short Interest 1.05M
Short Previous Month 1.03M
Short % of Shares Out 7.03%
Short % of Float 10.11%
Short Ratio (days to cover) 3.24

Income Statement

In the last 12 months, FTC Solar had revenue of $80.03 million and -$55.42 million in losses. Loss per share was -$4.13.

Revenue80.03M
Gross Profit -9.54M
Operating Income -42.55M
Pretax Income -54.07M
Net Income -55.42M
EBITDA -41.96M
EBIT -42.55M
Loss Per Share -$4.13
Full Income Statement

Balance Sheet

The company has $24.37 million in cash and $17.66 million in debt, giving a net cash position of $6.71 million or $0.45 per share.

Cash & Cash Equivalents 24.37M
Total Debt 17.66M
Net Cash 6.71M
Net Cash Per Share $0.45
Equity (Book Value) -13.73M
Book Value Per Share -0.92
Working Capital 38.46M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$42.11 million and capital expenditures -$1.08 million, giving a free cash flow of -$43.19 million.

Operating Cash Flow -42.11M
Capital Expenditures -1.08M
Free Cash Flow -43.19M
FCF Per Share -$2.89
Full Cash Flow Statement

Margins

Gross margin is -11.92%, with operating and profit margins of -53.17% and -69.25%.

Gross Margin -11.92%
Operating Margin -53.17%
Pretax Margin -67.56%
Profit Margin -69.25%
EBITDA Margin -52.43%
EBIT Margin -53.17%
FCF Margin n/a

Dividends & Yields

FTC Solar does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -6.89%
Shareholder Yield -6.89%
Earnings Yield -39.34%
FCF Yield -30.66%

Analyst Forecast

The average price target for FTC Solar is $6.63, which is -29.69% lower than the current price. The consensus rating is "Buy".

Price Target $6.63
Price Target Difference -29.69%
Analyst Consensus Buy
Analyst Count 4
Revenue Growth Forecast (5Y) 46.83%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

The last stock split was on December 2, 2024. It was a reverse split with a ratio of 1:10.

Last Split Date Dec 2, 2024
Split Type Reverse
Split Ratio 1:10

Scores

FTC Solar has an Altman Z-Score of -4.75 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -4.75
Piotroski F-Score 4