Q2 FY2026 EarningsQ2 FY26 results exceeded revenue expectations with $26.2M vs. $24.4M consensus, driven by a 52% QoQ surge in product shipments. Non-GAAP gross margin of -5.1% beat the mean estimate of -5.37%, though GAAP EPS of -$1.69 significantly missed the -$0.52 consensus due to an $8.9M non-cash warrant liability charge. Q3 FY26 revenue guidance of $30M-$35M suggests continued momentum, well positioned to meet the reaffirmed 40% full-year growth target.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: FTC Solar(FTCI) the Revenue is 26.16 M (+30.83%), Beat estimate;the EBIT is -13.73 M (-19.38%), Miss estimate;the EPS is -1.69 (-43.22%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.03B30.83%
0.02B21.97%
+0.00B8.86%
EBITMiss expectations
-0.01B19.38%
-0.01B13.69%
-0.00B33.07%
EPSMiss expectations
-1.6943.22%
-0.517556.15%
-1.172599.37%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf