FTC Solar reports third-quarter revenue of $26 million, up 157% year-over-year

Reuters
Nov 12, 2025
<a href="https://laohu8.com/S/FTCI">FTC Solar</a> reports third-quarter revenue of $26 million, up 157% year-over-year

FTC Solar Inc. reported third quarter 2025 revenue of $26.0 million, a 156.8% increase year-over-year and a 30.2% rise compared to the previous quarter, surpassing its guidance range. GAAP gross profit for the quarter was $1.6 million, or 6.1% of revenue. Non-GAAP gross margin improved to 7.7%. The company recorded its lowest loss from operations and best adjusted EBITDA since 2020. During the quarter, FTC Solar secured a $75 million strategic financing facility, closing on $37.5 million, and announced a 1GW tracker supply agreement with Levona Renewables. For the fourth quarter, FTC Solar expects revenue between $30.0 million and $35.0 million, and non-GAAP gross margin between 12.7% and 23.4%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FTC Solar Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9573809-en) on November 12, 2025, and is solely responsible for the information contained therein.

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