Ftc Solar, Inc. ( (FTCI) ) has released its Q3 earnings. Here is a breakdown of the information Ftc Solar, Inc. presented to its investors.
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FTC Solar, Inc. is a global provider of solar tracker systems, technology, software, and engineering services, known for its innovative designs that enhance energy production at solar power installations. In its third-quarter 2025 financial results, FTC Solar reported a significant increase in revenue, reaching $26 million, which marks a 156.8% year-over-year growth and surpasses its target guidance. The company also achieved its lowest loss from operations and best adjusted EBITDA since 2020, alongside securing a $75 million strategic financing facility and announcing a 1GW tracker supply agreement with Levona Renewables. Key financial metrics include a gross margin improvement of over 2,500 basis points quarter-over-quarter and 4,500 points year-over-year, with a return to positive gross margin for the first time since late 2023. Despite a GAAP net loss of $23.9 million, the company showed improvement in adjusted EBITDA, reducing its loss to $4 million from $12.2 million in the previous year. Looking ahead, FTC Solar expects fourth-quarter revenue to increase by approximately 25% compared to the third quarter, reflecting management’s optimistic outlook on the company’s growth trajectory.