Source-grounded facts extracted from FTC Solar, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
FTC Solar, Inc. reported the first quarter ended March 31, 2026 results: revenue $17.3 million, net income $32,599, EPS $(0.72).
“First Quarter Highlights and Recent Developments • Awarded 1GW agreement for 1P trackers from new customer with a leading global company offtaker • First quarter revenue of $17.3 million • Profitability metrics (ex-warrant gain) within target ranges • Leadership transition announced with Board Member Anthony Carroll appointed CEO AUSTIN, Texas — May 5, 2026– FTC”
Yann Brandt departed as Director at FTC Solar, Inc..
“Yann Brandt departed as the Company’s President and Chief Executive Officer and as a Company director, effective as of April 29, 2026.”
Yann Brandt departed as President and Chief Executive Officer at FTC Solar, Inc..
“As a result, Yann Brandt departed as the Company’s President and Chief Executive Officer and as a Company director, effective as of April 29, 2026.”
Anthony Carroll was appointed as President and Chief Executive Officer at FTC Solar, Inc..
“On April 29, 2026, the Board of Directors of the Company (the “Board”) appointed Anthony Carroll as the Company’s President and Chief Executive Officer, effective as of April 29, 2026.”
FTC Solar, Inc. amended credit facility of the $19.9 million term loan balance with Acquiom Agency Services LLC, as administrative agent for the Lenders.
“Agreement ”). As a result of such covenant default, the Company publicly disclosed in its earnings press release published on March 5, 2026 that the Company had reclassified the $19.9 million term loan balance under the Existing Credit Agreement from long-term debt to current for the period ended December 31, 2025. On March 23, 2026, the Company and the Agent on”
FTC Solar, Inc. amended Second Amendment and Limited Waiver to Credit Agreement with Acquiom Agency Services LLC, as administrative agent for the Lenders (effective 2026-03-23).
“On March 23, 2026, the Company and the Agent on behalf of the required Lenders, entered into a Second Amendment and Limited Waiver to Credit Agreement”
FTC Solar, Inc. reported the fourth quarter ended December 31, 2025 results: revenue $32.9 million, net income $33,734, EPS $(2.23).
“(EX-99.1) --- EX-99.1 Exhibit 99.1 FTC Solar Announces Fourth Quarter 2025 Financial Results Fourth Quarter Highlights and Recent Developments • Fourth quarter revenue of $32.9 million, up 26% q/q, 148.9% y/y, in line with target guidance • Gross margin improvement of approximately 1,500 basis points q/q and 4,900 points y/y • Awarded 1GW supply agreement with”
FTC Solar, Inc. incurred term loan of up to $75,000,000 with Acquiom Agency Services LLC at 12.00% per annum maturing July 2, 2029.
“The Credit Agreement provides for a senior secured term loan facility of up to $75,000,000”
Maximillian Sultan was appointed as independent director at FTC Solar, Inc..
“On April 28, 2025, the Board of Directors (the "Board") of the Company appointed Darrell Jackson and Maximillian Sultan as independent directors of the Company, effective immediately.”
Darrell Jackson was appointed as independent director at FTC Solar, Inc..
“On April 28, 2025, the Board of Directors (the "Board") of the Company appointed Darrell Jackson and Maximillian Sultan as independent directors of the Company, effective immediately.”
FTC Solar, Inc.: The Company filed a Certificate of Amendment to effect a 1-for-10 reverse stock split of its common stock, effective November 29, 2024 (effective 2024-11-29).
“As previously disclosed, at a special meeting of stockholders held on November 8, 2024, the stockholders of FTC Solar, Inc. (the “Company”) approved a proposal to authorize the Company’s board of directors (the “Board”) to amend the Company’s Amended and Restated Certificate of Incorporation to effect a reverse stock split (the “Reverse Stock Split”) of all outstanding shares of the Company’s common stock, par value $0.0001 per share (“Common Stock”), at a ratio ranging from 1-for-5 to 1-for-25, with the actual split ratio and the split effective time to be determined by the Board in its discretion. The Board has approved the Reverse Stock Split at a ratio of 1-for-10, and on November 26, 2024, the Company filed with the Delaware Secretary of State a Certificate of Amendment (the “Certificate of Amendment”) to the Company’s Amended and Restated Certificate of Incorporation to effect the Reverse Stock Split. The Reverse Stock Split will become effective at 5:00 p.m., Eastern Time, on No”
Pablo Barahona was appointed as independent director at FTC Solar, Inc..
“The Board of Directors (the “ Board ”) of the Company appointed Pablo Barahona as an independent director of the Company, effective August 12, 2024.”
Isidoro Quiroga Cortés resigned as director at FTC Solar, Inc..
“On August 15, 2024, the Company issued a press release announcing that Isidoro Quiroga Cortés resigned from his position as a director of FTC Solar, Inc. (the “Company”), effective August 11, 2024.”
Yann Brandt was appointed as President, Chief Executive Officer at FTC Solar, Inc..
“On July 23, 2024, FTC Solar, Inc. (the “ Company ”) announced that its Board of Directors (the “ Board ”) has appointed Yann Brandt as the Company’s President, Chief Executive Officer and a member of the Board, all effective as of August 19, 2024 (the “ Effective Date ”).”
Patrick Cook was appointed as Senior Vice President – Capital Markets & Business Development at FTC Solar, Inc..
“the Company will be transitioning Patrick Cook, its current Chief Commercial Officer, to a new role as Senior Vice President – Capital Markets & Business Development, effective immediately.”
Tamara Mullings was appointed as Senior Vice President – North American Sales at FTC Solar, Inc..
“the Company appointed Mrs. Mullings as Senior Vice President – North American Sales.”
Tamara Mullings resigned as Director at FTC Solar, Inc..
“Tamara Mullings resigned from her position as a director of FTC Solar, Inc. (the “Company”) on May 13, 2024, effective immediately.”
FTC Solar, Inc. reported the first quarter ended March 31, 2024 results: revenue $12.6 million, net income $8.8 million or $0.07 per share, EPS $0.07 per share.
“EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 FTC Solar Announces First Quarter 2024 Financial Results First Quarter Highlights and Recent Developments • First quarter revenue of $12.6 million • Company remains focused on purchase orders, operational efficiencies, quality and customer service • Total backlog now stands at $1.8 billion • Continue to expect to achieve”
FTC Solar, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $23.2 million, net income $11.2 million, EPS $0.09 per share. Guidance initiated.
“(EX-99.1) --- EX-99.1 Exhibit 99.1 FTC Solar Announces Fourth Quarter 2023 Financial Results Fourth Quarter Highlights and Recent Developments • Fourth quarter revenue of $23.2 million • Continue to improve cost structure to lower break-even revenue level • Added approximately $213 million to backlog 1 since Nov. 8; acceleration in contracted projects • Anthony”
FTC Solar, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).
“December 22, 2023, FTC Solar, Inc. (the “Company”) received notification from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company is not in compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1), because the closing bid price of the Company’s common stock (the “Common Stock”) was below $1.00 per share for 30 consecutive business days. The notification does not impact the listing of the Company’s Common Stock on the Nasdaq Global Market at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the”
FTC Solar, Inc. reported the third quarter ended September 30, 2023 results: revenue $30.5 million, net income GAAP net loss was $16.9 million or $0.14 per share, EPS $0.14 per share.
“--- EX-99.1 Exhibit 99.1 FTC Solar Announces Third Quarter 2023 Financial Results and Leadership Transition Third Quarter Highlights and Recent Developments • Revenue of $30.5 million up 84% y/y, down 5.6% q/q • Continue to improve cost structure, as evidenced by gross margin on sub-scale revenue levels • Project backlog of approximately $1.6 billion, with”
Cathy Behnen was appointed as Chief Financial Officer (interim) at FTC Solar, Inc..
“Additionally, on November 2, 2023, the Board appointed Cathy Behnen, the Company’s Chief Accounting Officer, to serve as the Chief Financial Officer of the Company on an interim basis, effective November 3, 2023.”
Robert Phelps Morris departed as Chief Financial Officer at FTC Solar, Inc..
“Also on November 2, 2023, Robert Phelps Morris and the Board agreed that Mr. Morris would step down from his position as Chief Financial Officer of the Company, effective as of such date, with Mr. Morris continuing to be employed as an advisor until December in order to ensure a smooth transition.”
Sean Hunkler departed as President and Chief Executive Officer at FTC Solar, Inc..
“On November 2, 2023, Sean Hunkler and the Board of Directors of the Company (the “Board”) agreed that Mr. Hunkler would step down from his position as President and Chief Executive Officer of the Company, effective as of such date, with Mr. Hunkler continuing to be employed as an advisor until December in order to ensure a smooth transition.”
FTC Solar, Inc. amended Equity Distribution Agreement with Barclays Capital Inc. valued at aggregate offering price of up to $100,000,000, of which $75,629,073 is remaining (effective 2023-08-09).
“On August 9, 2023, FTC Solar, Inc. (the “Company”) entered into Amendment No. 1 (the “Amendment”) to the equity distribution agreement, dated September 14, 2022, by and between the Company and Credit Suisse Securities (USA) LLC (the “Original Equity Distribution Agreement” and, together with the Amendment, the “Equity Distribution Agreement”), in order to, among other things, replace Credit Suisse Securities (USA) LLC as sales agent and/or principal with Barclays Capital Inc. (“Barclays”).”
FTC Solar, Inc. reported the second quarter ended June 30, 2023 results: revenue $32.4 million, net income $10.4 million, EPS $0.09 per share. Guidance lowered.
“Total second-quarter revenue was $32.4 million, coming in short of our target range, as customer project delays pushed revenue to future periods. This revenue level represents a decrease of 20.9% compared to the prior quarter, on lower product volume. Compared to the year-earlier quarter, revenue increased 5.3%, driven primarily by higher product volume. GAAP gross profit was $2.2 million, or 6.8% of revenue, compared to gross profit of $2.0 million, or 5.0% of revenue, in the prior quarter. Non-GAAP gross profit was $2.6 million or 8.2% of revenue. The result for this quarter compares to a non-GAAP gross loss of $5.4 million in the prior-year period, with the difference driven primarily by significantly improved product direct margins. GAAP operating expenses were $12.6 million. On a non-GAAP basis, excluding stock-based compensation and certain other costs, operating expenses were $9.7 million, compared to $12.4 million in the year-ago quarter. The year-over-year decrease was driven”
FTC Solar, Inc. shareholders approved Ratification of the Appointment of Independent Registered Public Accounting Firm at the 2023-06-01 meeting.
“The stockholders ratified the appointment of BDO USA, LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023.”
FTC Solar, Inc. shareholders approved Election of Directors at the 2023-06-01 meeting.
“The stockholders elected each of the following nominees to serve as a director to hold office until the 2026 Annual Meeting of Stockholders or until a successor is duly elected and qualified.”
FTC Solar, Inc. reported the second quarter of 2023 results: revenue $42.5 - $52.5. Guidance initiated.
“as our product cost-reduction initiatives continue to positively impact the income statement. (in millions) 1Q '23 Guidance 1Q '23 Actual 2Q '23 Guidance Revenue $36 - $40 $40.9 $42.5 - $52.5 Non-GAAP Gross Profit $0.7 - $3.2 $3.0 $4.0 - $6.5 Non-GAAP Gross Margin 2% - 8% 7.3% 9% - 12% Non-GAAP operating expenses $10 - $11 $10.1 $10 - $11 Non-GAAP adjusted”
FTC Solar, Inc. reported the first quarter ended March 31, 2023 results: revenue $40.9 million, net income $11.8 million, EPS $0.11 per share.
“$ (11,762 ) $ (27,793 ) $ (7,358 ) $ (20,284 ) Diluted loss per share $ (0.11 ) $ (0.28 ) $ (0.07 ) $ (0.20 ) (a) Adjusted EBITDA for Non-GAAP Total first quarter revenue was $40.9 million, slightly above our prior guidance range. This revenue level represents an increase of 56.0% compared to the prior quarter, continuing the momentum off the third-quarter 2022”
FTC Solar, Inc. engaged BDO USA, LLP as its auditor.
“On April 3, 2023, the Audit Committee (the “Committee”) of the Board of Directors of FTC Solar, Inc. (the “Company”) dismissed PricewaterhouseCoopers LLP (“PwC”), the Company’s independent registered public accounting firm and approved the appointment of BDO USA, LLP (“BDO”) as the Company’s new independent registered public accounting firm for the fiscal year ending December 31, 2023.”
FTC Solar, Inc. dismissed PricewaterhouseCoopers LLP as its auditor.
“On April 3, 2023, the Audit Committee (the “Committee”) of the Board of Directors of FTC Solar, Inc. (the “Company”) dismissed PricewaterhouseCoopers LLP (“PwC”), the Company’s independent registered public accounting firm and approved the appointment of BDO USA, LLP (“BDO”) as the Company’s new independent registered public accounting firm for the fiscal year ending December 31, 2023.”
FTC Solar, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $26.2 million, net income $20.5 million, EPS $0.20 per share. Guidance initiated.
“$ (20,501 ) $ (23,882 ) $ (11,499 ) $ (16,653 ) Diluted loss per share $ (0.20 ) $ (0.25 ) $ (0.11 ) $ (0.17 ) (a) Adjusted EBITDA for Non-GAAP Total fourth quarter revenue was $26.2 million, in line with our prior guidance range. This revenue level reflects the lower demand environment in the U.S., as customers struggle to navigate the regulatory environment and get”
Sasan Aminpour was appointed as Chief Operating Officer at FTC Solar, Inc..
“FTC Solar, Inc (the “ Company ”) will be appointing Sasan Aminpour, its current Senior Vice President of Operations, as Chief Operating Officer, effective March 1, 2023.”
Tamara Mullings was appointed as independent director at FTC Solar, Inc..
“appointed Tamara Mullings as an independent director of the Company, effective immediately, in order to fill the vacancy resulting from the resignation of Mr. Rodgers.”
Shaker Sadasivam was appointed as Chairman of the Board at FTC Solar, Inc..
“appointed Shaker Sadasivam as Chairman of the Board, effective immediately.”
T.J. Rodgers resigned as Director at FTC Solar, Inc..
“Thurman J. “T.J.” Rodgers resigned from his position as a director of FTC Solar, Inc. (the “ Company ”) on January 19, 2023, effective immediately.”
FTC Solar, Inc. reported the third quarter ended September 30, 2022 results: revenue $16,572, net income $(25,636), EPS $(0.25).
“Summary Financial Performance: Q3 2022 compared to Q3 2021 GAAP Non-GAAP Three months ended September 30, (in thousands, except per share data) 2022 2021 2022 2021 Revenue $ 16,572 $ 52,989 $ 16,572 $ 52,989 Gross margin percentage (57.4 %) (15.2 %) (49.8 %) (14.5 %) Total operating expenses $ 17,179 $ 14,731 $ 9,147 $ 8,412 Loss from operations (a) $”
Robert Phelps Morris was appointed as Chief Financial Officer at FTC Solar, Inc..
“the Board of Directors of FTC Solar, Inc. (the “Company”) appointed Robert Phelps Morris to serve as Chief Financial Officer of the Company, effective as of March 31, 2022.”
Phelps Morris was appointed as Chief Financial Officer at FTC Solar, Inc..
“The Company will be appointing Phelps Morris, its current Vice President, Corporate Finance, to succeed Mr. Cook as Chief Financial Officer, effective March 31, 2022.”
Patrick Cook changed role as Chief Commercial Officer at FTC Solar, Inc..
“As of March 15, 2022, the Company will be transitioning Patrick Cook, its current Chief Financial Officer, to a new expanded role as Chief Commercial Officer, effective March 31, 2022.”
Ali Mortazavi departed as Executive Vice President, Global Sales and Marketing at FTC Solar, Inc..
“On March 11, 2022, Ali Mortazavi and the Chief Executive Officer of the Company agreed that Mr. Mortazavi would cease to be employed by the Company as Executive Vice President, Global Sales and Marketing, after a transition period of approximately 30 days in order to facilitate an effective transition.”
Deepak Navnith departed as Chief Operations Officer at FTC Solar, Inc..
“On January 23, 2022, Deepak Navnith and the Chief Executive Officer of FTC Solar, Inc. (the “Company”) agreed that Mr. Navnith would step down from his position as Chief Operations Officer of the Company.”
Sean Hunkler was appointed as President and Chief Executive Officer at FTC Solar, Inc..
“Also on September 13, 2021, the Board appointed Sean Hunkler to serve as the President and Chief Executive Officer of the Company, effective as of September 24, 2021.”
Anthony Etnyre departed as President and Chief Executive Officer at FTC Solar, Inc..
“On September 13, 2021, Anthony Etnyre and the Board of Directors (the “Board”) of FTC Solar, Inc. (the “Company”) agreed that Mr. Etnyre would step down from his position as President and Chief Executive Officer of the Company, effective as of September 23, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.