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Side-by-side financial comparison of Avidia Bancorp, Inc. (AVBC) and FTC Solar, Inc. (FTCI). Click either name above to swap in a different company.

FTC Solar, Inc. is the larger business by last-quarter revenue ($32.9M vs $26.8M, roughly 1.2× Avidia Bancorp, Inc.). Avidia Bancorp, Inc. runs the higher net margin — 22.9% vs -110.7%, a 133.6% gap on every dollar of revenue. Avidia Bancorp, Inc. produced more free cash flow last quarter ($24.1M vs $-8.4M).

Avidia Bank is an American mutual community bank headquartered in Hudson, Massachusetts. It was founded in 2007 when it was formed by a merger between Hudson Savings Bank and Westborough Bank.

FTC Solar, Inc. is a leading global provider of advanced solar tracker systems, associated components, and supporting software for solar projects. It serves utility-scale, commercial, and industrial solar segments across key global markets, helping customers boost energy generation efficiency and lower overall project costs.

AVBC vs FTCI — Head-to-Head

Bigger by revenue
FTCI
FTCI
1.2× larger
FTCI
$32.9M
$26.8M
AVBC
Higher net margin
AVBC
AVBC
133.6% more per $
AVBC
22.9%
-110.7%
FTCI
More free cash flow
AVBC
AVBC
$32.5M more FCF
AVBC
$24.1M
$-8.4M
FTCI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVBC
AVBC
FTCI
FTCI
Revenue
$26.8M
$32.9M
Net Profit
$5.3M
$-36.4M
Gross Margin
14.9%
Operating Margin
33.3%
-17.2%
Net Margin
22.9%
-110.7%
Revenue YoY
148.9%
Net Profit YoY
-197.4%
EPS (diluted)
$-2.31

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVBC
AVBC
FTCI
FTCI
Q4 25
$26.8M
$32.9M
Q3 25
$28.0M
$26.0M
Q2 25
$25.9M
$20.0M
Q1 25
$22.9M
$20.8M
Q4 24
$13.2M
Q3 24
$10.1M
Q2 24
$11.4M
Q1 24
$12.6M
Net Profit
AVBC
AVBC
FTCI
FTCI
Q4 25
$5.3M
$-36.4M
Q3 25
$-907.0K
$-23.9M
Q2 25
$3.9M
$-15.4M
Q1 25
$-11.6M
$-3.8M
Q4 24
$-12.2M
Q3 24
$-15.4M
Q2 24
$-12.2M
Q1 24
$-8.8M
Gross Margin
AVBC
AVBC
FTCI
FTCI
Q4 25
14.9%
Q3 25
6.1%
Q2 25
-19.6%
Q1 25
-16.6%
Q4 24
-29.1%
Q3 24
-42.5%
Q2 24
-20.5%
Q1 24
-16.7%
Operating Margin
AVBC
AVBC
FTCI
FTCI
Q4 25
33.3%
-17.2%
Q3 25
-7.0%
-29.6%
Q2 25
19.4%
-57.5%
Q1 25
-72.0%
-50.8%
Q4 24
-101.7%
Q3 24
-147.8%
Q2 24
-104.3%
Q1 24
-99.3%
Net Margin
AVBC
AVBC
FTCI
FTCI
Q4 25
22.9%
-110.7%
Q3 25
-3.2%
-92.0%
Q2 25
15.0%
-77.2%
Q1 25
-50.5%
-18.4%
Q4 24
-92.7%
Q3 24
-151.5%
Q2 24
-107.1%
Q1 24
-69.7%
EPS (diluted)
AVBC
AVBC
FTCI
FTCI
Q4 25
$-2.31
Q3 25
$-0.05
$-1.61
Q2 25
$-1.18
Q1 25
$-0.58
Q4 24
$-0.95
Q3 24
$-1.21
Q2 24
$-0.97
Q1 24
$-0.70

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVBC
AVBC
FTCI
FTCI
Cash + ST InvestmentsLiquidity on hand
$275.0M
$21.1M
Total DebtLower is stronger
$9.9M
Stockholders' EquityBook value
$379.0M
$-43.0M
Total Assets
$2.8B
$111.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVBC
AVBC
FTCI
FTCI
Q4 25
$275.0M
$21.1M
Q3 25
$208.3M
$24.4M
Q2 25
$592.5M
$3.5M
Q1 25
$5.9M
Q4 24
$11.2M
Q3 24
$8.3M
Q2 24
$10.8M
Q1 24
$14.0M
Total Debt
AVBC
AVBC
FTCI
FTCI
Q4 25
$9.9M
Q3 25
$16.6M
Q2 25
$10.9M
Q1 25
$10.2M
Q4 24
$9.5M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AVBC
AVBC
FTCI
FTCI
Q4 25
$379.0M
$-43.0M
Q3 25
$372.0M
$-13.7M
Q2 25
$191.4M
$9.0M
Q1 25
$186.1M
$15.5M
Q4 24
$19.0M
Q3 24
$30.4M
Q2 24
$44.2M
Q1 24
$55.2M
Total Assets
AVBC
AVBC
FTCI
FTCI
Q4 25
$2.8B
$111.8M
Q3 25
$2.8B
$111.5M
Q2 25
$3.0B
$83.0M
Q1 25
$2.7B
$84.1M
Q4 24
$89.9M
Q3 24
$91.7M
Q2 24
$100.3M
Q1 24
$115.0M
Debt / Equity
AVBC
AVBC
FTCI
FTCI
Q4 25
Q3 25
Q2 25
1.20×
Q1 25
0.65×
Q4 24
0.50×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVBC
AVBC
FTCI
FTCI
Operating Cash FlowLast quarter
$28.4M
$-8.0M
Free Cash FlowOCF − Capex
$24.1M
$-8.4M
FCF MarginFCF / Revenue
89.9%
-25.7%
Capex IntensityCapex / Revenue
16.0%
1.3%
Cash ConversionOCF / Net Profit
5.32×
TTM Free Cash FlowTrailing 4 quarters
$40.2M
$-34.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVBC
AVBC
FTCI
FTCI
Q4 25
$28.4M
$-8.0M
Q3 25
$24.1M
$-14.6M
Q2 25
$-2.3M
$-2.3M
Q1 25
$-2.2M
$-8.5M
Q4 24
$-16.7M
Q3 24
$-2.4M
Q2 24
$-3.8M
Q1 24
$-11.9M
Free Cash Flow
AVBC
AVBC
FTCI
FTCI
Q4 25
$24.1M
$-8.4M
Q3 25
$23.3M
$-15.1M
Q2 25
$-3.3M
$-2.5M
Q1 25
$-3.9M
$-8.6M
Q4 24
$-17.0M
Q3 24
$-2.6M
Q2 24
$-4.5M
Q1 24
$-12.3M
FCF Margin
AVBC
AVBC
FTCI
FTCI
Q4 25
89.9%
-25.7%
Q3 25
83.2%
-57.9%
Q2 25
-12.8%
-12.4%
Q1 25
-16.9%
-41.2%
Q4 24
-128.6%
Q3 24
-25.6%
Q2 24
-39.2%
Q1 24
-97.6%
Capex Intensity
AVBC
AVBC
FTCI
FTCI
Q4 25
16.0%
1.3%
Q3 25
3.1%
1.7%
Q2 25
3.7%
0.9%
Q1 25
7.2%
0.4%
Q4 24
2.2%
Q3 24
2.2%
Q2 24
6.1%
Q1 24
3.4%
Cash Conversion
AVBC
AVBC
FTCI
FTCI
Q4 25
5.32×
Q3 25
Q2 25
-0.60×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVBC
AVBC

Segment breakdown not available.

FTCI
FTCI

Products$26.2M80%
Services$6.7M20%

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