---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-008699"
form_type: "8-K"
ticker: "FTCI"
cik: "0001828161"
company_name: "FTC Solar, Inc."
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:58:25.932136+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FTC Solar Q1 rev $49.6M (incl. $5M reserve), net loss $27.8M; withdraws FY22 guidance

## Summary
- GAAP net loss $27.8M ($0.28 diluted EPS); non-GAAP net loss $20.3M ($0.20 EPS).
- Revenue fell 25% YoY to $49.6M, including $5M customer credit reserve.
- Q2 rev guidance $30-35M; non-GAAP gross margin negative 29% to negative 19%.
- Executed contracts and awarded orders $664M, with $112M added since March 15.
- Pipeline reaches record 32+ GW; HX Tracker acquisition on track for Q2 close.

## SEC filing metadata
- accession: 0000950170-22-008699
- form_type: 8-K
- ticker: FTCI
- cik: 0001828161
- company_name: FTC Solar, Inc.
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828161/000095017022008699/0000950170-22-008699-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828161/000095017022008699/ftci-20220510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-008699
- JSON: https://secwatch.observer/filing/0000950170-22-008699.json
- Plain text: https://secwatch.observer/filing/0000950170-22-008699.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.