---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-093276"
form_type: "8-K"
ticker: "FTCI"
cik: "0001828161"
company_name: "FTC Solar, Inc."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:11:03.902957+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FTC Solar Q2 revenue $11.4M (down 65% YoY), net loss $12.2M; names Yann Brandt CEO

## Summary
- Q2 revenue $11.4M, down 65% from $32.4M in Q2 2023.
- GAAP net loss $12.2M ($0.10 per diluted share) vs $10.4M loss ($0.09) prior year.
- GAAP gross margin -20.5% vs 6.8% in Q2 2023; operating expenses $9.6M.
- Contracted backlog $505M as of June 30, 2024.
- Yann Brandt named CEO effective Aug 19; brings deep solar industry experience.

## SEC filing metadata
- accession: 0000950170-24-093276
- form_type: 8-K
- ticker: FTCI
- cik: 0001828161
- company_name: FTC Solar, Inc.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828161/000095017024093276/0000950170-24-093276-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828161/000095017024093276/ftci-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-093276
- JSON: https://secwatch.observer/filing/0000950170-24-093276.json
- Plain text: https://secwatch.observer/filing/0000950170-24-093276.txt

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