FTC Solar, Inc.
FTCI Technology Solar
FTC Solar, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $99.7 million, up 110.5% from fiscal 2024. In the quarter to June 2026, revenue grew 30.8%, EPS fell 43.2%, free cash flow grew 429.0% and total debt rose 107.8%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years; insiders bought in the last twelve months.
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FTC Solar, Inc. (FTCI) EV/Sales
As of 16 October 2026, FTC Solar, Inc. (FTCI) trades at a EV/Sales of 0.5×. Over the past ten years it has ranged from 0.2× (November 2023) to 4.5× (June 2021); the current reading is higher than 12% of that period. That is below the Solar industry median of 0.6× and below the Technology sector median of 2.7×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 1.5× | 6.58% |
| FY2024 | 1.5× | 223.03% |
| FY2023 | 0.4× | (74.78%) |
| FY2022 | 1.8× | (12.30%) |
| FY2021 | 2.0× | (52.77%) |
| FY2020 | 4.3× | 0.00% |
| FY2019 | 4.3× | — |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 1.0× | 31.39% |
| Mar 2026 | 0.8× | (49.09%) |
| Dec 2025 | 1.5× | 26.38% |
| Sep 2025 | 1.2× | 16.51% |
| 22 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| PN PN Smart Energy Limited compare | n/m |
| ZEO Zeo Energy Corp. compare | 0.1× |
| SPIEQ SPI Energy Co., Ltd. compare | 0.2× |
| SMXT Solarmax Technology, Inc. compare | 0.4× |
| FTCI FTC Solar, Inc. | 0.5× |
| BEEM Beam Global compare | 0.7× |
| TYGO Tigo Energy, Inc. compare | 0.9× |
| SPRU Spruce Power Holding Corporation compare | 5.6× |
| ASTI Ascent Solar Technologies Inc. compare | 82.2× |
| Solar industry median | 0.6× |
| Technology sector median | 2.7× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)