Others was Founder’s largest revenue line in fiscal 2025, bringing in $51.26M of $120.70M (42%).
| Classes of intangible assets other than goodwill [axis] | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Others | $31.46M | $65.04M | $58.90M | $51.26M |
| Customer C | $25.19M | $44.23M | — | — |
| Customer E | — | — | — | $34.36M |
| Customer A | — | — | $21.01M | — |
| Customer F | — | — | — | $20.79M |
| Customer D | — | $15.69M | — | — |
| Customer G | — | — | — | $14.28M |
| Customer B | $6.85M | $23.10M | $10.44M | — |
| Total | $63.51M | $148.05M | $90.34M | $120.70M |
Founder brought in $120.70M from its four revenue lines in fiscal 2025, the year ended December 31, 2025. Founder regrouped these revenue lines after fiscal 2024, so the total does not compare directly with that year's $90.34M. Others was the largest at $51.26M (42.5%), ahead of Customer E at $34.36M (28.5%) and Customer F at $20.79M (17.2%). The remaining revenue line, Customer G, brought in $14.28M.
Founder began breaking out Customer E in fiscal 2025, Customer F in fiscal 2025 and Customer G in fiscal 2025. Founder stopped reporting Customer C ($44.23M in fiscal 2023), Customer A ($21.01M in fiscal 2024), Customer D ($15.69M in fiscal 2023) and one other as separate revenue lines.
Large Scale Solar Contract Services was Founder’s largest revenue line in fiscal 2025, bringing in $72.65M of $120.70M (60%).
| Products and services [axis] | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Large Scale Solar Contract Services | $32.66M | $100.38M | $50.64M | $72.65M |
| Commercial & Industrial Contract Services | $6.49M | $12.29M | $17.09M | $41.41M |
| Large Scale Solar Sales Of Goods | $19.10M | $31.61M | $18.22M | $1.06M |
| Commercial & Industrial Sales Of Goods | $5.26M | $3.78M | $4.39M | $5.59M |
| Total | $63.51M | $148.05M | $90.34M | $120.70M |
Founder brought in $120.70M from its four revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 33.6% from $90.34M in fiscal 2024. Large Scale Solar Contract Services was the largest at $72.65M (60.2%), ahead of Commercial & Industrial Contract Services at $41.41M (34.3%) and Commercial & Industrial Sales Of Goods at $5.59M (4.6%). The remaining revenue line, Large Scale Solar Sales Of Goods, brought in $1.06M.
Compared with fiscal 2024, Commercial & Industrial Contract Services grew fastest, up 142.3% to $41.41M. Every revenue line above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $63.51M to $120.70M, a compound annual growth rate of 23.9%. Large Scale Solar Contract Services' share of the total rose from 51.4% to 60.2%.
Over Time was Founder’s largest revenue line in fiscal 2025, bringing in $114.06M of $120.70M (94%).
| Timing of transfer of goods or services [axis] | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Over Time | $39.15M | $112.67M | $67.73M | $114.06M |
| Point In Time | $24.36M | $35.39M | $22.61M | $6.64M |
| Total | $63.51M | $148.05M | $90.34M | $120.70M |
Founder brought in $120.70M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 33.6% from $90.34M in fiscal 2024. Over Time was the largest at $114.06M (94.5%), ahead of Point In Time at $6.64M (5.5%).
Compared with fiscal 2024, Over Time grew 68.4% to $114.06M, while Point In Time fell 70.6% to $6.64M. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $63.51M to $120.70M, a compound annual growth rate of 23.9%. Over Time's share of the total rose from 61.6% to 94.5%.
Founder (FGL) reports its revenue by classes of intangible assets other than goodwill [axis], by products and services [axis] and by timing of transfer of goods or services [axis]. In fiscal 2025, Others was its largest revenue line, bringing in $51.26M (42.5% of the total), followed by Customer E at $34.36M (28.5%).
Others was Founder's largest revenue line in fiscal 2025, bringing in $51.26M, or 42.5% of the $120.70M total across its four revenue lines.
Among Founder's revenue lines that make up at least 2% of revenue, Commercial & Industrial Contract Services grew fastest in fiscal 2025, up 142.3% from $17.09M to $41.41M.
Every figure comes from Founder's annual financial filings, as reported. Each line keeps the name Founder gives it, and years follow its fiscal calendar.
Founder's revenue by classes of intangible assets other than goodwill [axis] goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.