Revenue Growth Year-over-Year
Revenue for the second quarter of 2025 was $20 million, representing a 75% increase compared to the year-earlier quarter due to higher product volume.
Strategic $75 Million Financing Facility
FTC Solar entered into a $75 million financing facility with Cleanhill Partners, providing financial stability and opening doors to new business opportunities.
Innovative Product Offerings
FTC Solar introduced multiple product advancements, including a high hail stow solution capable of an 80-degree stow angle and an extra-long tracker for 2,000-volt systems, aiming to improve product appeal and customer flexibility.
Reduced Operating Expenses
Non-GAAP operating expenses reduced to $6.5 million, marking the seventh consecutive quarter of OpEx reductions and the lowest level since 2020.