FTC Solar, Inc. Common Stock
FTCIFTC Solar, Inc. is a provider of advanced solar tracking and racking solutions designed to optimize the efficiency and performance of solar power projects. Founded in 2014, the company develops innovative, modular, and scalable solar technology that simplifies project deployment and reduces installation costs, serving utility-scale and commercial solar markets globally.
Company News
FTC Solar reported Q2 2025 revenue of $20.0 million, a 74.9% year-over-year increase, but missed analyst estimates. The company continues to struggle with profitability, experiencing negative gross margins and ongoing regulatory challenges.
FTC Solar, a leading provider of solar tracker systems, announced it will report its Q4 and full year 2024 financial results on March 31, 2025. The company will hold a conference call to discuss the results and its outlook.
FTC Solar, a leading provider of solar tracker systems, has been selected by Sandhills Energy to supply its innovative 1P Pioneer trackers for three large-scale solar projects in Nebraska, totaling 1 gigawatt of capacity. The projects are expected to be among the largest to be built in the state, supporting the growth of renewables.
FTC Solar, a leading provider of solar tracker systems, is showcasing its Pioneer 1P tracker at the RE+ 2024 event. The tracker is designed for fast and cost-effective installation, adaptability to various terrains and weather conditions, and reliable energy production.
FTC Solar, a leading provider of solar tracker systems, announced that its new CEO, Yann Brandt, will receive an employment inducement award consisting of restricted stock units and performance-based restricted stock units. The awards are intended to incentivize Brandt's leadership and align his interests with the company's long-term success.
