FTC Solar (FTCI) reported second-quarter 2026 revenue of $26.2 million, up 52% sequentially and 31% from a year earlier, for the quarter ended June 30, 2026. GAAP net loss was $27.1 million, or $1.69 per diluted share.
The company reaffirmed its outlook for 40% revenue growth in 2026 and guided third-quarter revenue of $30.0 million to $35.0 million. FTC Solar also announced an equity line of credit agreement with Lincoln Park Capital for up to $20 million of common shares.
- Second-quarter revenue was $26.2 million, above the company’s target range.
- GAAP gross loss was $2.2 million, or 8.5% of revenue.
- Contracted backlog stood at approximately $560 million.
- The company received a new 400 MW purchase order after quarter-end.
- FTC Solar announced entry into India with multiple initial project wins.
- The company expects roughly 24% sequential revenue growth in the third quarter at the guidance midpoint.
$FTCI Insider Trading Activity
$FTCI insiders have traded $FTCI stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $FTCI stock by insiders over the last 6 months:
- SHAKER SADASIVAM purchased 27,025 shares for an estimated $99,992
- ANTHONY CARROLL (Chief Executive Officer) purchased 7,250 shares for an estimated $24,867
- ANTONIO R ALVAREZ purchased 2,500 shares for an estimated $9,950
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$FTCI Hedge Fund Activity
We have seen 21 institutional investors add shares of $FTCI stock to their portfolio, and 20 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WALLEYE CAPITAL LLC removed 135,855 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $513,531
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 80,715 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $305,102
- INFORMED MOMENTUM CO LLC removed 76,591 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $289,513
- CAPTRUST FINANCIAL ADVISORS removed 68,327 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $258,276
- RENAISSANCE TECHNOLOGIES LLC added 59,800 shares (+178.0%) to their portfolio in Q1 2026, for an estimated $226,044
- GOLDMAN SACHS GROUP INC removed 48,435 shares (-59.2%) from their portfolio in Q1 2026, for an estimated $183,084
- SEI INVESTMENTS CO removed 46,630 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $176,261
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
