United States was FTC Solar’s largest region in fiscal 2025, bringing in $98.24M of $99.69M (99%).
| Geography | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| United States | $97.99M | $119.98M | $42.25M | $98.24M | ||
| Australia | $24.85M | $7.00M | $4.37M | $1.45M | ||
| All Other | $227.00K | $20.00K | $733.00K | — | ||
| Total | $123.07M | $127.00M | $47.36M | $99.69M |
FTC Solar brought in $99.69M from its two regions in fiscal 2025, the year ended December 31, 2025. FTC Solar regrouped these regions after fiscal 2024, so the total does not compare directly with that year's $47.36M. United States was the largest at $98.24M (98.5%), ahead of Australia at $1.45M (1.5%).
FTC Solar stopped reporting All Other as a separate region after fiscal 2024, when it brought in $733.00K.
Product was FTC Solar’s largest product and service line in fiscal 2025, bringing in $80.31M of $99.69M (81%).
| Product and Service | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| Product | $63.76M | $101.87M | $37.52M | $80.31M | |||
| Service | $59.31M | $25.13M | $9.84M | $19.38M | |||
| Total | $123.07M | $127.00M | $47.36M | $99.69M |
FTC Solar brought in $99.69M from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 110.5% from $47.36M in fiscal 2024. Product was the largest at $80.31M (80.6%), ahead of Service at $19.38M (19.4%).
Compared with fiscal 2024, Product grew 114.0% to $80.31M and Service grew 97.0% to $19.38M. From fiscal 2022 to 2025, combined revenue from these lines fell from $123.07M to $99.69M, a compound annual decline of 6.8%. Product's share of the total rose from 51.8% to 80.6%.
FTC Solar (FTCI) reports its revenue by geography and by product and service. In fiscal 2025, United States was its largest region, bringing in $98.24M (98.5% of the total), followed by Australia at $1.45M (1.5%).
United States was FTC Solar's largest region in fiscal 2025, bringing in $98.24M, or 98.5% of the $99.69M total across its two regions.
Product was FTC Solar's largest product and service line in fiscal 2025, bringing in $80.31M, or 80.6% of the $99.69M total across its two product and service lines.
Product grew faster than Service in fiscal 2025, up 114.0% from $37.52M to $80.31M. Service grew 97.0% to $19.38M.
Every figure comes from FTC Solar's annual financial filings, as reported. Each line keeps the name FTC Solar gives it, and years follow its fiscal calendar.
FTC Solar's revenue by geography goes back to fiscal 2020, 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.