FTC Solar (FTCI) Revenue & Revenue Breakdown
FTC Solar Revenue Highlights
Latest Revenue (Y)
$47.35M
Latest Revenue (Q)
$19.99M
Main Segment (Y)
Product
Main Geography (Y)
UNITED STATES
FTC Solar Revenue by Period
FTC Solar Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2024-12-31 | $47.35M | -62.71% |
| 2023-12-31 | $127.00M | 3.20% |
| 2022-12-31 | $123.07M | -54.51% |
| 2021-12-31 | $270.52M | 44.39% |
| 2020-12-31 | $187.35M | 252.67% |
| 2019-12-31 | $53.12M | - |
FTC Solar generated $47.35M in revenue during NA 2024, up -62.71% compared to the previous quarter, and up 89.14% compared to the same period a year ago.
FTC Solar Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2025-06-30 | $19.99M | -3.89% |
| 2025-03-31 | $20.80M | 57.57% |
| 2024-12-31 | $13.20M | 30.25% |
| 2024-09-30 | $10.14M | -11.32% |
| 2024-06-30 | $11.43M | -9.19% |
| 2024-03-31 | $12.59M | -45.75% |
| 2023-12-31 | $23.20M | -24.05% |
| 2023-09-30 | $30.55M | -5.60% |
| 2023-06-30 | $32.36M | -20.87% |
| 2023-03-31 | $40.89M | 55.96% |
| 2022-12-31 | $26.22M | 58.22% |
| 2022-09-30 | $16.57M | -46.06% |
| 2022-06-30 | $30.72M | -38.00% |
| 2022-03-31 | $49.55M | -51.29% |
| 2021-12-31 | $101.72M | 91.97% |
| 2021-09-30 | $52.99M | 5.75% |
| 2021-06-30 | $50.11M | -23.74% |
| 2021-03-31 | $65.71M | 48.73% |
| 2020-12-31 | $44.18M | -25.92% |
| 2020-09-30 | $59.64M | 16.58% |
| 2020-06-30 | $51.16M | 58.01% |
| 2020-03-31 | $32.38M | - |
FTC Solar generated $19.99M in revenue during Q2 2025, up -3.89% compared to the previous quarter, and up 158.84% compared to the same period a year ago.
FTC Solar Revenue Breakdown
FTC Solar Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|
| Product | $37.52M | $101.87M | $63.76M | $227.40M |
| Service | $9.84M | $25.13M | $59.31M | $43.13M |
FTC Solar's latest annual revenue breakdown by segment (product or service), as of Dec 24: Product (79.23%), and Service (20.77%).
Quarterly Revenue by Product
| Product/Service | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product | $15.87M | $18.20M | $19.20M | $7.41M | $10.90M | $20.95M | $27.27M | $21.07M | $32.58M | $20.08M | $3.54M | $9.17M | $30.97M | $89.60M | $45.58M | $35.76M | $56.46M |
| Service | $4.13M | $2.60M | $5.43M | $2.73M | $1.68M | $2.26M | $3.27M | $11.29M | $8.31M | $6.14M | $13.03M | $21.55M | $18.59M | $12.12M | $7.41M | $14.35M | $9.24M |
FTC Solar's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Product (79.36%), and Service (20.64%).
FTC Solar Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 24 | Dec 23 | Dec 22 |
|---|---|---|---|
| AUSTRALIA | $4.37M | $7.00M | $24.85M |
| All Other | $733.00K | $20.00K | $227.00K |
| UNITED STATES | $42.25M | $119.98M | $97.99M |
FTC Solar's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (89.23%), AUSTRALIA (9.23%), and All Other (1.55%).
Quarterly Revenue by Country
| Country | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|
| Other | $5.00K | $196.00K | $63.00K |
| UNITED STATES | $52.98M | $49.91M | $65.64M |
FTC Solar's latest quarterly revenue breakdown by geography, as of Sep 21: UNITED STATES (99.99%), and Other (0.01%).
FTC Solar Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| NXT | Nextracker | $2.96B | $864.25M |
| FLNC | Fluence Energy | $2.70B | $602.53M |
| AVAH | Aveanna Healthcare | $2.02B | $589.55M |
| ARRY | Array | $1.58B | $302.36M |
| MAXN | Maxeon Solar | $1.12B | $187.46M |
| SHYF | Shyft Group | $786.18M | $204.60M |
| SHLS | Shoals Technologies Group | $399.21M | $110.84M |
| FTCI | FTC Solar | $47.35M | $19.99M |
| AGFY | Agrify | $9.68M | $538.00K |