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FTC Solar (FTCI)
NASDAQ:FTCI
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FTC Solar (FTCI) Income Statement

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FTC Solar Income Statement

Last quarter (Q3 2024), FTC Solar's total revenue was $10.14M, a decrease of -66.82% from the same quarter last year. In Q3, FTC Solar's net income was $-15.36M. See FTC Solar’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 57.35M$ 127.00M$ 123.07M$ 270.52M$ 187.35M$ 53.12M
Cost of Revenue
$ 65.42M$ 118.69M$ 150.29M$ 303.07M$ 183.71M$ 55.08M
Gross Profit
$ -8.06M$ 8.31M$ -27.23M$ -32.55M$ 3.64M$ -1.95M
Operating Expense
$ 43.07M$ 59.08M$ 72.34M$ 94.26M$ 20.57M$ 10.42M
Operating Income
$ -51.14M$ -50.78M$ -99.57M$ -126.80M$ -16.93M$ -12.37M
Net Non Operating Interest Income Expense
$ -170.00K$ -253.00K$ -978.00K$ -814.00K$ -364.00K$ -454.00K
Other Income Expense
$ -2.74M$ 402.00K$ 1.37M$ -21.20M$ 1.28M-
Pretax Income
$ -47.76M$ -50.63M$ -99.18M$ -106.42M$ -16.01M$ -12.82M
Tax Provision
$ -215.00K$ -338.00K$ 435.00K$ 169.00K$ -83.00K$ -39.00K
Earnings From Equity Interest Net Of Tax
$ 3.42M$ 659.00K$ 1.75M$ 20.48M$ 1.40M$ -709.00K
Net Income Common Stockholders
$ -47.55M$ -50.29M$ -99.61M$ -106.59M$ -15.92M$ -13.49M
Basic EPS
$ -0.39$ -0.44$ -0.98$ -1.24$ -0.23$ -0.22
Diluted EPS
$ -0.39$ -0.44$ -0.98$ -1.24$ -0.23$ -0.22
Basic Average Shares
$ 502.05M$ 115.55M$ 101.41M$ 86.04M$ 68.81M$ 62.04M
Diluted Average Shares
$ 502.05M$ 115.55M$ 101.41M$ 86.04M$ 68.81M$ 62.04M
Dividend Per Share
------
Total Operating Income As Reported
------
Reported Normalized Basic E P S
----$ -1.86$ -1.53
Reported Normalized Diluted E P S
----$ -0.22-
Rent Expense Supplemental
------
Total Expenses
$ 108.49M$ 177.78M$ 222.64M$ 397.33M$ 204.28M$ 65.50M
Net Income From Continuing And Discontinued Operation
$ -47.55M$ -50.29M$ -99.61M$ -106.59M$ -15.92M$ -13.49M
Normalized Income
$ -36.77M$ -46.54M--$ -17.20M$ -13.49M
Interest Expense
----$ 364.00K$ 454.00K
EBIT
$ -47.59M$ -50.38M$ -98.20M$ -105.61M$ -15.64M$ -12.37M
EBITDA
$ -45.76M$ -49.00M$ -97.30M$ -104.91M$ -15.60M$ -11.96M
Currency in USD

FTC Solar Earnings and Revenue History

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