FTC Solar, Inc.

For the period ended Dec 31, 2025. Filed Mar 24, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 24, 2026

FTCI$1.55-2.5%Stored close · as of Nov 10, 2026

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Contents

Financial Statements and Supplementary Data

Item 8. Financial Statements and Supplementary Data.

INDEX TO FINANCIAL STATEMENTS

	Page
Audited Consolidated Financial Statements
Report of Independent Registered Public Accounting Firm (PCAOB ID 243)	66
Consolidated Balance Sheets	68
Consolidated Statements of Comprehensive Loss	69
Consolidated Statements of Changes in Stockholders' Equity (Deficit)	70
Consolidated Statements of Cash Flows	71
Notes to Consolidated Financial Statements	72
Note 1. Description of business	72
Note 2. Summary of significant accounting policies	72
Note 3. Acquisition and disposition	83
Note 4. Reduction in force	84
Note 5. Accounts receivable, net	85
Note 6. Inventories	86
Note 7. Prepaid and other current assets	86
Note 8. Leases	86
Note 9. Property and equipment, net	87
Note 10. Goodwill	87
Note 11. Equity method investment	88
Note 12. Accrued expenses and other current liabilities	88
Note 13. Income taxes	89
Note 14. Debt	91
Note 15. Commitments and contingencies	95
Note 16. Stockholders' equity	96
Note 17. ATM program	96
Note 18. Stock compensation and other employee benefit plans	97
Note 19. Related party transactions	100
Note 20. Net loss per share	101
Note 21. Fair value measurements	101
Note 22. Sale of investment in unconsolidated subsidiary	102
Note 23. Segment information and certain concentrations	102
Note 24. Subsequent events	104

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.