Filing Flows › FTC Solar (FTCI) › Q3 2026 › vs Q2 2026
FTC Solar (FTCI) Q3 2026 vs Q2 2026 (quarter over quarter)
FTC Solar's revenue rose $6.7M (+25%) from $26.2M in Q2 2026 to $32.8M in Q3 2026. The biggest changes: Product +$9.8M (+44%); Service −$3.1M (-83%).
FTC Solar, Q3 2026: revenue $32.8M (+26% year over year), operating margin -26.0%, net earnings $6.7M, operating cash flow $5.6M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Free cash flow margin | 16.9% | 30.5% | -13.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Product | $32.2M | $22.4M | $9.8M | +44% |
| Service | $628K | $3.8M | −$3.1M | -83% |
| Revenue | $32.8M | $26.2M | $6.7M | +25% |
| Other income, net | $15.5M | −$13.2M | $28.6M | — |
| Costs & expenses | $48.3M | $53.3M | −$5.0M | -9% |
| Operating costs | $41.4M | $39.9M | $1.5M | +4% |
| Income tax | $210K | $217K | −$7K | -3% |
| Net earnings | $6.7M | −$27.1M | $33.8M | — |
| Cost of revenue | $30.9M | $28.4M | $2.5M | +9% |
| Research & development | $930K | $1.2M | −$279K | -23% |
| Sales & marketing | $2.2M | $2.1M | $183K | +9% |
| General & admin | $7.3M | $8.2M | −$956K | -12% |
| Operating cash sources | $9.2M | −$24.5M | $33.8M | — |
| Depreciation & amortization | $430K | $430K | $0 | 0% |
| Share-based compensation | $2.1M | $2.2M | −$65K | -3% |
| Working capital & other | $3.7M | −$32.8M | $36.5M | — |
| Operating cash flow | $5.6M | $8.3M | −$2.7M | -33% |
| Free cash flow (OCF − capex) | $5.5M | $8.0M | −$2.4M | -31% |
| Capital expenditures | $14K | $319K | −$305K | -96% |
Questions
How much did FTC Solar's revenue grow quarter over quarter in Q3 2026?
FTC Solar's revenue rose $6.7M (+25%) from $26.2M in Q2 2026 to $32.8M in Q3 2026.
What drove FTC Solar's revenue change in Q3 2026?
Product +$9.8M (+44%); Service −$3.1M (-83%).