Revenue breakdown: Product (80.1%), Service (19.9%).
8-K
FTC Solar, Inc. entered into a Second Amendment and Limited Waiver to its Credit Agreement on March 23, 2026, waiving breaches of purchase order and notice covenants for the quarter ended December 31, 2025, and amending financial covenants while requiring $10 million in principal repayments. This allows reclassification of the $19.9 million term loan balance from current to long-term debt, except for upcoming ECF Repayment Amounts.