FTC Solar Q2 revenue up 75% to $20M, net loss $15.4M; secures $75M financing

FTC Solar, Inc.

2025-Q2 EPS reported -$1.49 revenue$40,796,000

Revenue $20.0M, +74.9% y/y; GAAP net loss $15.4M ($1.18/sh) vs $12.2M loss a year ago.
Adjusted EBITDA loss $10.4M; GAAP gross margin negative 19.6%, non-GAAP negative 17.4%.
Secured $75M strategic financing facility effective July 2, 2025 to support growth and profitability.
Tony Alvarez appointed as Independent Director and Audit Committee Chair; Dean Priddy retired.

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