FTCI

FTC Solar, Inc. (FTCI) Q2 2026 Earnings Call Transcript

FTC Solar NASDAQ: FTCI reported second-quarter revenue at the high end of its guidance range and reaffirmed its expectation for at least 40% revenue growth in 2026, as the solar-tracker company seeks to convert expanded customer approvals into larger project wins.

FTC Solar (FTCI) came out with a quarterly loss of $0.76 per share versus the Zacks Consensus Estimate of a loss of $0.49. This compares to a loss of $0.86 per share a year ago.

Second Quarter Highlights and Recent Developments Second quarter revenue up 52% q/q, 31% y/y, ahead of target Awarded 400MW project with top EPC and top developer Awarded 80+MW project in Australia for 2H delivery Scheduled to begin deliveries on 330+MW Australia project Announced entry into India market with multiple initial project wins Reaffirm outlook for 40% y/y revenue growth in 2026 Announced agreement for up to $20 million equity line of credit with institutional investor AUSTIN, Texas, Aug. 05, 2026 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced financial results for the second quarter ended June 30, 2026. “We're pleased to report that second quarter results were in line with or better than our targeted ranges,” said Anthony Carroll, President and CEO of FTC Solar, “and that we remain on track to outpace the market with 40% annual revenue growth in 2026.

AUSTIN, Texas, July 27, 2026 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, today announced it will report its second quarter 2026 financial results before market open on Wednesday, August 5, 2026.

FTC Solar (FTCI) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

The mean of analysts' price targets for FTC Solar (FTCI) points to a 94.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

AUSTIN, Texas, July 08, 2026 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, hosted its inaugural Robo Day at the company's ASTAAR training facility in Seguin, Texas, bringing together robotics companies, EPCs, developers, and technology partners to explore how automation can support the next phase of utility-scale solar construction. The event featured live demonstrations from leading robotic and autonomous solutions providers, including Aonics, BotCrew, Civ Robotics, Cosmic Robotics, Libra Robotics, Ozzies, Inc., and RoboForce.

FTC Solar (FTCI) came out with a quarterly loss of $0.67 per share versus the Zacks Consensus Estimate of a loss of $0.41. This compares to a loss of $0.84 per share a year ago.

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 05, 2026 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced financial results for the first quarter ended March 31, 2026 and a leadership transition. Leadership Transition Board Member Anthony Carroll has been appointed President and Chief Executive Officer of FTC Solar, effective April 29.