Filing Flows › FTC Solar (FTCI) › Q2 2026
FTC Solar (FTCI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
FTC Solar (FTCI) reported revenue of $26.2M for the second quarter 2026 (Q2 2026), +31% from a year earlier and +52% from the quarter before. Operating margin was -52.5%, net loss $27.1M (103.7% of revenue).
FTC Solar, Q2 2026: revenue $26.2M (+31% year over year), operating margin -52.5%, net loss $27.1M, operating cash flow $8.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $26.2M | +52% | +31% |
| Operating profit | −$13.7M | — | — |
| Net earnings | −$27.1M | -183% | — |
| Operating cash flow | $8.3M | — | — |
| Free cash flow | $8.0M | — | — |
What changed
Revenue was $26.2M in Q2 2026, up 31% year over year and up 52% from the previous quarter. Product was the largest line at 86% of revenue. Product added $6.5M year over year (up 41%), 106% of the total change. Service declined 9%.
Operating costs exceeded revenue by $13.7M, an operating margin of -52.5%. Total costs grew 27% against revenue growth of 31%. The fastest-growing cost line was Sales & marketing (+60%). The quarter ended with a net loss of $27.1M, after a profit of $32.6M the previous quarter.
Operating cash flow was $8.3M. Non-cash charges added back $430K of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items added $32.8M. Capital expenditures of $319K left free cash flow of $8.0M.
Questions
What was FTC Solar's revenue in the second quarter 2026?
FTC Solar (FTCI) reported revenue of $26.2M for the second quarter 2026 (Q2 2026), +31% from a year earlier and +52% from the quarter before.
Was FTC Solar profitable in the second quarter 2026?
Operating loss was $13.7M (-52.5% of revenue) and net loss $27.1M.
Source: FTC Solar 10-Q on SEC EDGAR.