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FTC Solar, Inc. supplies solar tracker systems supported by software and engineering services for solar power projects. Its tracker systems are designed to move solar panels during the day to maintain orientation toward the sun, and the company’s operating activity is centered on manufacturing and servicing solar tracker systems.
Company news typically covers quarterly financial results, outlook commentary, customer supply agreements, 1P and 2P tracker deployments, product and mounting-solution updates, investor conference participation, and executive or board changes. Recent commercial updates have included utility-scale tracker agreements in the United States and South Africa.
FTC Solar (FTCI) has begun tracker shipments for the 330‑megawatt Fraser Coast solar project with 180‑megawatt battery storage in Queensland, Australia.
The project is being developed by Global Power Generation, a Naturgy subsidiary, and is described as Naturgy’s largest renewable energy project in Australia and its second hybrid solar‑battery project in the country. Operations at Fraser Coast are expected to commence in 2028. FTC Solar’s 1P terrain‑following tracker solution is highlighted by the developer as reducing civil works, installation time and costs. The project’s aggregate value was added to FTC Solar’s backlog in 2025, and notice to proceed was issued in the second quarter of 2026, after which tracker production and shipments started.
FTC Solar (FTCI) plans to meet with investors at two upcoming conferences in September 2026.
The company’s management team is scheduled to participate in investor meetings at the H.C. Wainwright Global Investment Conference in New York on September 15, 2026, and at the TD Cowen Energy Conference in Austin on September 24, 2026. Both events will feature in-person meetings with investors. Interested investors are directed to contact their respective H.C. Wainwright or TD Cowen sales representatives to arrange meetings.
FTC Solar is described as a global provider of solar tracker systems, technology, software and engineering services that aim to improve solar energy production and reduce installation cost per watt.
FTC Solar (Nasdaq: FTCI) announced that Enertis Applus+ has completed an independent technical validation of its SUNPATH tracker optimization software on multiple operating utility-scale solar projects in the U.S. The study compared measured energy gains from sites using SUNPATH with gains modeled by FTC Solar’s tool.
Measured energy gains reached up to 2.65%, versus modeled gains of up to 3.15%, with modeled and measured results within about 0.5 percentage points at three sites. Enertis Applus+ concluded SUNPATH showed accuracy and consistency appropriate for its intended use and aligned with industry standards for underwriting production gains. SUNPATH optimizes energy through Terrain-Based Backtracking and Diffuse Optimization without requiring extra row-level sensors or a learning period.
FTC Solar (Nasdaq: FTCI) reported second quarter 2026 revenue of $26.2 million, up 51.5% quarter-over-quarter and 30.8% year-over-year, exceeding its guidance range. GAAP gross margin was -8.5%, while non-GAAP gross margin improved to -5.1% from -17.4% a year earlier.
GAAP net loss widened to $27.1 million (loss of $1.69 per diluted share), and adjusted EBITDA loss was $9.8 million. Non-GAAP operating expenses were $8.5 million. The contracted portion of backlog reached about $560 million. Cash and cash equivalents declined to $10.1 million from $21.1 million at year-end 2025.
Commercially, FTC Solar booked a new 400 MW U.S. 1P tracker order after quarter end, received notice to proceed on a 330+ MW Australia project, and entered the India market with multiple initial projects. The company reaffirmed its outlook for 40% year-over-year revenue growth in 2026 and guided third quarter 2026 revenue to $30–35 million (about 24% sequential growth at the midpoint). FTC Solar also established an equity line of credit of up to $20 million with Lincoln Park Capital as an additional funding source.
FTC Solar (Nasdaq: FTCI) will release its second quarter 2026 financial results before the market opens on Wednesday, August 5, 2026. The company will host a conference call for investors at 8:30 a.m. E.T. the same day to discuss results, outlook, and other business topics.
The live webcast and a 30-day replay will be available in the Investor Relations section of FTC Solar’s website at investor.ftcsolar.com. FTC Solar provides solar tracker systems, technology, software, and engineering services aimed at improving energy production and lowering installation cost per watt.
FTC Solar (Nasdaq: FTCI) hosted its inaugural Robo Day on July 8, 2026 at its ASTAAR training facility in Seguin, Texas. The event gathered robotics companies, EPCs, developers, and technology partners to demonstrate how automation can support utility-scale solar construction across tasks like pile marking, cable pulling, material staging, and module mounting.
Robo Day highlighted FTC Solar’s 1P Pioneer tracker, designed for constructability and automation-enabled installation, and emphasized collaboration between people, robotics, and smarter tracker design to improve safety, efficiency, and predictability in large, complex solar projects.
FTC Solar (Nasdaq: FTCI) reported Q1 2026 revenue of $17.3 million, a 47.5% sequential decline and 17.0% year-over-year decline. GAAP gross loss was $1.2 million (‑7.1% margin); adjusted EBITDA loss was $8.2 million. The board appointed Anthony Carroll as CEO effective April 29. The contracted backlog is ~$543 million and the company won a new 1 GW tracker award. Management expects Q1 as the year low and projects full-year 2026 revenue growth of ~40% vs 2025.
FTC Solar (Nasdaq: FTCI) will report first quarter 2026 financial results before market open on Tuesday, May 5, 2026.
A conference call for investors is scheduled for 8:30 a.m. ET that day; the webcast and a 30-day replay will be available in the Investor Relations section at investor.ftcsolar.com.
FTC Solar (Nasdaq: FTCI) announced management will meet investors at two upcoming conferences in March 2026. The company will host in-person investor meetings at the UBS Global Energy and Utilities Conference in London on March 17, 2026, and at the Roth Conference in Laguna Niguel on March 23, 2026.
FTC Solar said CEO Yann Brandt will take part in a fireside chat at the Roth Conference on March 23 at 4:00pm PT; a live webcast and replay will be available from the Events section of FTC Solar's website.
FTC Solar (Nasdaq: FTCI) announced a five-year expansion to its tracker supply agreement with Strata Clean Energy, adding 1,000MW of incremental Voyager 2P tracker volume. The amendment follows a prior ~500MW agreement, extends the term by five years, and targets first project start in H2 2027.