U.S.-based solar tracker provider FTC Solar’s revenue surged 148.9% year-over-year (YoY) to $32.9 million from $13.9 million in the fourth quarter (Q4) of 2025. The revenue was above the midpoint of the company’s guidance range of $30 million to $35 million. Higher sales volumes and increased absorption were the primary drivers of the significant YoY improvement, which was partially offset by higher tariff costs.
