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Side-by-side financial comparison of CAMDEN NATIONAL CORP (CAC) and FTC Solar, Inc. (FTCI). Click either name above to swap in a different company.
CAMDEN NATIONAL CORP is the larger business by last-quarter revenue ($64.3M vs $32.9M, roughly 2.0× FTC Solar, Inc.). CAMDEN NATIONAL CORP runs the higher net margin — 34.0% vs -110.7%, a 144.8% gap on every dollar of revenue. Over the past eight quarters, FTC Solar, Inc.'s revenue compounded faster (61.6% CAGR vs 22.6%).
Camden National Bank is a commercial bank headquartered in Camden, Maine, operating as the principal subsidiary of Camden National Corporation, a publicly traded bank holding company. Founded in 1875, the bank became a direct, wholly owned subsidiary of the holding company following a corporate reorganization in 1984. Following the 2025 merger with Northway Financial, the combined institution has approximately $7.0 billion in assets.
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.
CAC vs FTCI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.3M | $32.9M |
| Net Profit | $21.9M | $-36.4M |
| Gross Margin | — | 14.9% |
| Operating Margin | — | -17.2% |
| Net Margin | 34.0% | -110.7% |
| Revenue YoY | — | 148.9% |
| Net Profit YoY | — | -197.4% |
| EPS (diluted) | $1.29 | $-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.
| Q1 26 | $64.3M | — | ||
| Q4 25 | $68.1M | $32.9M | ||
| Q3 25 | $65.4M | $26.0M | ||
| Q2 25 | $62.3M | $20.0M | ||
| Q1 25 | $60.1M | $20.8M | ||
| Q4 24 | $47.6M | $13.2M | ||
| Q3 24 | $45.0M | $10.1M | ||
| Q2 24 | $42.8M | $11.4M |
| Q1 26 | $21.9M | — | ||
| Q4 25 | $22.6M | $-36.4M | ||
| Q3 25 | $21.2M | $-23.9M | ||
| Q2 25 | $14.1M | $-15.4M | ||
| Q1 25 | $7.3M | $-3.8M | ||
| Q4 24 | $14.7M | $-12.2M | ||
| Q3 24 | $13.1M | $-15.4M | ||
| Q2 24 | $12.0M | $-12.2M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 41.5% | -17.2% | ||
| Q3 25 | 40.5% | -29.6% | ||
| Q2 25 | 28.5% | -57.5% | ||
| Q1 25 | 10.3% | -50.8% | ||
| Q4 24 | 38.7% | -101.7% | ||
| Q3 24 | 35.2% | -147.8% | ||
| Q2 24 | 34.7% | -104.3% |
| Q1 26 | 34.0% | — | ||
| Q4 25 | 33.1% | -110.7% | ||
| Q3 25 | 32.4% | -92.0% | ||
| Q2 25 | 22.6% | -77.2% | ||
| Q1 25 | 12.2% | -18.4% | ||
| Q4 24 | 30.8% | -92.7% | ||
| Q3 24 | 29.1% | -151.5% | ||
| Q2 24 | 28.0% | -107.1% |
| Q1 26 | $1.29 | — | ||
| Q4 25 | $1.33 | $-2.31 | ||
| Q3 25 | $1.25 | $-1.61 | ||
| Q2 25 | $0.83 | $-1.18 | ||
| Q1 25 | $0.43 | $-0.58 | ||
| Q4 24 | $1.00 | $-0.95 | ||
| Q3 24 | $0.90 | $-1.21 | ||
| Q2 24 | $0.81 | $-0.97 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $21.1M |
| Total DebtLower is stronger | $514.4M | $9.9M |
| Stockholders' EquityBook value | $710.0M | $-43.0M |
| Total Assets | $7.0B | $111.8M |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $21.1M | ||
| Q3 25 | — | $24.4M | ||
| Q2 25 | — | $3.5M | ||
| Q1 25 | — | $5.9M | ||
| Q4 24 | — | $11.2M | ||
| Q3 24 | — | $8.3M | ||
| Q2 24 | — | $10.8M |
| Q1 26 | $514.4M | — | ||
| 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 26 | $710.0M | — | ||
| Q4 25 | $696.6M | $-43.0M | ||
| Q3 25 | $676.4M | $-13.7M | ||
| Q2 25 | $652.1M | $9.0M | ||
| Q1 25 | $640.1M | $15.5M | ||
| Q4 24 | $531.2M | $19.0M | ||
| Q3 24 | $529.9M | $30.4M | ||
| Q2 24 | $508.3M | $44.2M |
| Q1 26 | $7.0B | — | ||
| Q4 25 | $7.0B | $111.8M | ||
| Q3 25 | $7.0B | $111.5M | ||
| Q2 25 | $6.9B | $83.0M | ||
| Q1 25 | $7.0B | $84.1M | ||
| Q4 24 | $5.8B | $89.9M | ||
| Q3 24 | $5.7B | $91.7M | ||
| Q2 24 | $5.7B | $100.3M |
| Q1 26 | 0.72× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.20× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-8.0M |
| Free Cash FlowOCF − Capex | — | $-8.4M |
| FCF MarginFCF / Revenue | — | -25.7% |
| Capex IntensityCapex / Revenue | — | 1.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-34.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $63.9M | $-8.0M | ||
| Q3 25 | $36.1M | $-14.6M | ||
| Q2 25 | $6.0M | $-2.3M | ||
| Q1 25 | $1.0M | $-8.5M | ||
| Q4 24 | $60.9M | $-16.7M | ||
| Q3 24 | $-14.5M | $-2.4M | ||
| Q2 24 | $14.5M | $-3.8M |
| Q1 26 | — | — | ||
| Q4 25 | $58.2M | $-8.4M | ||
| Q3 25 | $35.4M | $-15.1M | ||
| Q2 25 | $4.5M | $-2.5M | ||
| Q1 25 | $-727.0K | $-8.6M | ||
| Q4 24 | $55.4M | $-17.0M | ||
| Q3 24 | $-16.2M | $-2.6M | ||
| Q2 24 | $13.2M | $-4.5M |
| Q1 26 | — | — | ||
| Q4 25 | 85.5% | -25.7% | ||
| Q3 25 | 54.1% | -57.9% | ||
| Q2 25 | 7.3% | -12.4% | ||
| Q1 25 | -1.2% | -41.2% | ||
| Q4 24 | 116.4% | -128.6% | ||
| Q3 24 | -36.0% | -25.6% | ||
| Q2 24 | 30.8% | -39.2% |
| Q1 26 | — | — | ||
| Q4 25 | 8.4% | 1.3% | ||
| Q3 25 | 1.1% | 1.7% | ||
| Q2 25 | 2.4% | 0.9% | ||
| Q1 25 | 2.9% | 0.4% | ||
| Q4 24 | 11.7% | 2.2% | ||
| Q3 24 | 3.8% | 2.2% | ||
| Q2 24 | 3.0% | 6.1% |
| Q1 26 | — | — | ||
| Q4 25 | 2.83× | — | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 0.43× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 4.15× | — | ||
| Q3 24 | -1.11× | — | ||
| Q2 24 | 1.21× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CAC
| Net Interest Income | $52.4M | 81% |
| Noninterest Income | $12.0M | 19% |
FTCI
| Products | $26.2M | 80% |
| Services | $6.7M | 20% |
