FTC Solar Lowers 2026 Revenue Growth Target to 25% From 40%

FTC Solar, Inc. (NASDAQ: FTCI) expects revenue growth of 25% for 2026, below its previous 40% target, while planning measures to expand liquidity as volume rises. The new growth estimate is 15 percentage points below the earlier target. The company provided no specific full-year 2027 revenue guidance. FTC Solar sells tracker hardware, software and engineering services for solar projects. Its third-quarter revenue was $32.813 million, up 25.4% from the second quarter. The company’s third-quarter results and going-concern warning provide context for its latest outlook. The fourth-quarter revenue forecast is $44 million to $52 million, putting the midpoint at $48 million, about 46% above the third-quarter result. The company forecasts adjusted EBITDA, a non-GAAP measure, from a $3.9 million loss to break-even.

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