---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-092594"
form_type: "8-K"
ticker: "FTCI"
cik: "0001828161"
company_name: "FTC Solar, Inc."
filed_at: "2026-03-05T23:59:59+00:00"
generated_at: "2026-05-15T19:50:25.687752+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FTC Solar Q4 2025 revenue $32.9M, up 149% YoY; gross margin improves to 21%

## Summary
- Revenue $32.9M, up 26% QoQ and 149% YoY, at high-end of guidance.
- GAAP gross margin 21.0% vs (29.1%) a year ago; non-GAAP gross margin 23.4%.
- GAAP net loss $33.7M ($2.23/share); non-GAAP adjusted net loss $2.5M ($0.17 loss).
- Awarded 1GW supply agreement in U.S. and 840MW in South Africa for 1P/2P trackers.
- Adjusted EBITDA best in six years; positive net bookings and added to multiple Tier 1 vendor lists.

## SEC filing metadata
- accession: 0001193125-26-092594
- form_type: 8-K
- ticker: FTCI
- cik: 0001828161
- company_name: FTC Solar, Inc.
- filed_at: 2026-03-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828161/000119312526092594/0001193125-26-092594-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828161/000119312526092594/ftci-20260305.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-092594
- JSON: https://secwatch.observer/filing/0001193125-26-092594.json
- Plain text: https://secwatch.observer/filing/0001193125-26-092594.txt

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