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FTC Solar Q3 net income swings to $6.7 million year over year; Q3 revenue rises 26% to $32.81 million

PUBT·11/04/2026 11:31:56
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FTC Solar Q3 net income swings to $6.7 million year over year; Q3 revenue rises 26% to $32.81 million
  • FTC Solar swung to third-quarter 2026 GAAP net income of $6.7 million from a year-earlier loss.
  • Revenue climbed 26% year over year to $32.8 million, up 25% from the previous quarter.
  • Contracted backlog stood at approximately $640 million; a newly contracted 750-megawatt North American project will begin in 2027.
  • Fourth-quarter 2026 revenue guidance ranges from $44 million to $52 million, targeting 46% sequential growth at the midpoint.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FTC Solar Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611040630PRIMZONEFULLFEED9869881) on November 04, 2026, and is solely responsible for the information contained therein.