FTC Solar, a US-based provider of solar tracker systems, has reported its Q4 and full-year 2025 financial results. According to the report, Q4 revenue was $32.9 million, compared with $13.2 million in the year-earlier quarter, reflecting a 148.9% increase. Adjusted EBITDA loss was $0.3 million in Q4 2025, compared with an adjusted EBITDA loss of $9.8 million in the year-earlier quarter. For full-year 2025, revenue was $99.7 million, compared with $47.4 million in 2024, showing continued operational recovery. Adjusted EBITDA loss for FY2025 was $24.3 million, compared with an adjusted EBITDA loss of $43.1 million in FY2024. The company secured tracker supply agreements totaling approximately 1 GW in the US and 840 MW in South Africa. For Q1 2026, FTC Solar expects revenue between $20.0 million and $25.0 million with non-GAAP gross margin between -2.5% and 9.2% and adjusted EBITDA between -$9.6 million and -$5.9 million.
FTC Solar discloses Q4 2025 financial results report
Quarterly results released by FTC Solar show revenue rising to $32.9 million with improved gross margins while tracker supply agreements expanded across the US and South Africa.
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