# FTC Solar, Inc. (FTCI)

- Sector: Technology · Industry: Solar
- SEC CIK: 0001828161 ([filings on EDGAR](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001828161))
- Full page: https://inspectstocks.com/stocks/ftci
- Data as of: price 2026-09-28; newest filing used 2026-08-05; latest fiscal period ended 2026-06-30

## Grade

**C** on the growth-and-cash rubric, 3 of 5 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Revenue growing overall | failed | $102.3M | $116M |
| Revenue growing recently | passed | $102.3M | $99.7M |
| Free cash flow positive | failed | -$28.5M |  |
| Free cash flow growing overall | passed | -$28.5M | -$49.4M |
| Free cash flow growing recently | passed | -$28.5M | -$34.6M |

Business quality (the + / − mark): 2 of 6 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | failed | -53.6% |  |
| Healthy profit margin | failed | -53.6% |  |
| Strong operating margin | failed | -38.3% |  |
| Good return on equity | passed | 127.7% |  |
| Debt under control | passed | -0.55 |  |
| Turns sales into cash | failed | -27.9% |  |

How the grade works: the letter counts failed checks (none → A, one → B, two → C, three → D, four or more → F). It is built from SEC filings only — the share price never enters it — and describes the business, not whether the stock is worth buying.

## Key figures

In US dollars, as filed.

| Measure | Value |
| --- | --- |
| Revenue, trailing twelve months | $102.3M |
| Net income, trailing twelve months | -$54.9M |
| Free cash flow, trailing twelve months | -$28.5M |
| Net margin | -53.6% |
| Operating margin | -38.3% |
| Return on equity | 127.7% |
| Debt to equity | -0.55 |
| Diluted EPS, trailing twelve months | -$4.35 |
| Share price | $2.37 |
| Market value | $39M |
| Price / sales | 0.4x |

## More on this company

- [Overview](https://inspectstocks.com/stocks/ftci)
- [Financial statements](https://inspectstocks.com/stocks/ftci/financials)
- [Competitors](https://inspectstocks.com/stocks/ftci/peers)
- [Earnings](https://inspectstocks.com/stocks/ftci/earnings)

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Source: InspectStocks, built from the company’s own SEC filings. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.