FTC Solar (FTCI) Q2 Revenue Jumps 75%

FTC Solar (NASDAQ:FTCI), a provider of solar tracking systems and software for utility-scale solar projects, released its results on August 5, 2025. The report showed strong revenue growth of 74.9% year over year to $20.0 million (GAAP), but this figure fell short of analyst expectations of $21.1 million. Non‑GAAP earnings per share (EPS) registered a loss of $(0.86), also missing the consensus Non-GAAP EPS estimate of $(0.80). Despite tight cost controls and a multi-year low in operating expenses, negative margins and deep net losses persisted. Overall, the quarter demonstrated rising customer traction and advances in technology, but highlighted ongoing struggles to reach profitability, as reflected in continued Adjusted EBITDA losses and the impact of regulatory uncertainty on project timelines. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. FTC Solar (NASDAQ:FTCI) designs and supplies solar tracking systems, structural components that rotate solar panels to face the sun, and develops accompanying software platforms for better energy output and site management. The company’s offerings include both hardware, such as its Voyager and Pioneer trackers, and software like its SunOps performance tool.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool