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Side-by-side financial comparison of Elme Communities (ELME) and FTC Solar, Inc. (FTCI). Click either name above to swap in a different company.
Elme Communities is the larger business by last-quarter revenue ($62.1M vs $32.9M, roughly 1.9× FTC Solar, Inc.). FTC Solar, Inc. runs the higher net margin — -110.7% vs -198.9%, a 88.1% gap on every dollar of revenue. On growth, FTC Solar, Inc. posted the faster year-over-year revenue change (148.9% vs 1.7%). Elme Communities produced more free cash flow last quarter ($7.2M vs $-8.4M). Over the past eight quarters, FTC Solar, Inc.'s revenue compounded faster (61.6% CAGR vs 2.7%).
Elme Communities is a publicly traded U.S. real estate investment trust that primarily owns, operates and develops high-quality multifamily residential communities. It focuses on key growth markets across the U.S. Mid-Atlantic and Southeast, offering affordable to mid-tier housing options for diverse renter groups.
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.
ELME vs FTCI — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $62.1M | $32.9M |
| Net Profit | $-123.5M | $-36.4M |
| Gross Margin | 61.1% | 14.9% |
| Operating Margin | -183.3% | -17.2% |
| Net Margin | -198.9% | -110.7% |
| Revenue YoY | 1.7% | 148.9% |
| Net Profit YoY | -4058.7% | -197.4% |
| EPS (diluted) | $-1.40 | $-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.
| Q4 25 | — | $32.9M | ||
| Q3 25 | $62.1M | $26.0M | ||
| Q2 25 | $62.1M | $20.0M | ||
| Q1 25 | $61.5M | $20.8M | ||
| Q4 24 | $61.3M | $13.2M | ||
| Q3 24 | $61.1M | $10.1M | ||
| Q2 24 | $60.1M | $11.4M | ||
| Q1 24 | $59.5M | $12.6M |
| Q4 25 | — | $-36.4M | ||
| Q3 25 | $-123.5M | $-23.9M | ||
| Q2 25 | $-3.6M | $-15.4M | ||
| Q1 25 | $-4.7M | $-3.8M | ||
| Q4 24 | $-3.0M | $-12.2M | ||
| Q3 24 | $-3.0M | $-15.4M | ||
| Q2 24 | $-3.5M | $-12.2M | ||
| Q1 24 | $-3.6M | $-8.8M |
| Q4 25 | — | 14.9% | ||
| Q3 25 | 61.1% | 6.1% | ||
| Q2 25 | 63.5% | -19.6% | ||
| Q1 25 | 64.2% | -16.6% | ||
| Q4 24 | 62.9% | -29.1% | ||
| Q3 24 | 63.5% | -42.5% | ||
| Q2 24 | 63.4% | -20.5% | ||
| Q1 24 | 63.5% | -16.7% |
| Q4 25 | — | -17.2% | ||
| Q3 25 | -183.3% | -29.6% | ||
| Q2 25 | 9.6% | -57.5% | ||
| Q1 25 | 7.8% | -50.8% | ||
| Q4 24 | 10.4% | -101.7% | ||
| Q3 24 | 11.0% | -147.8% | ||
| Q2 24 | 9.8% | -104.3% | ||
| Q1 24 | 7.5% | -99.3% |
| Q4 25 | — | -110.7% | ||
| Q3 25 | -198.9% | -92.0% | ||
| Q2 25 | -5.7% | -77.2% | ||
| Q1 25 | -7.6% | -18.4% | ||
| Q4 24 | -4.9% | -92.7% | ||
| Q3 24 | -4.9% | -151.5% | ||
| Q2 24 | -5.8% | -107.1% | ||
| Q1 24 | -6.1% | -69.7% |
| Q4 25 | — | $-2.31 | ||
| Q3 25 | $-1.40 | $-1.61 | ||
| Q2 25 | $-0.04 | $-1.18 | ||
| Q1 25 | $-0.05 | $-0.58 | ||
| Q4 24 | $-0.04 | $-0.95 | ||
| Q3 24 | $-0.03 | $-1.21 | ||
| Q2 24 | $-0.04 | $-0.97 | ||
| Q1 24 | $-0.04 | $-0.70 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $7.1M | $21.1M |
| Total DebtLower is stronger | — | $9.9M |
| Stockholders' EquityBook value | $908.9M | $-43.0M |
| Total Assets | $1.7B | $111.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $21.1M | ||
| Q3 25 | $7.1M | $24.4M | ||
| Q2 25 | $4.8M | $3.5M | ||
| Q1 25 | $6.4M | $5.9M | ||
| Q4 24 | $6.1M | $11.2M | ||
| Q3 24 | $4.8M | $8.3M | ||
| Q2 24 | $5.6M | $10.8M | ||
| Q1 24 | $4.2M | $14.0M |
| 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 | — | — |
| Q4 25 | — | $-43.0M | ||
| Q3 25 | $908.9M | $-13.7M | ||
| Q2 25 | $1.0B | $9.0M | ||
| Q1 25 | $1.1B | $15.5M | ||
| Q4 24 | $1.1B | $19.0M | ||
| Q3 24 | $1.1B | $30.4M | ||
| Q2 24 | $1.1B | $44.2M | ||
| Q1 24 | $1.1B | $55.2M |
| Q4 25 | — | $111.8M | ||
| Q3 25 | $1.7B | $111.5M | ||
| Q2 25 | $1.8B | $83.0M | ||
| Q1 25 | $1.8B | $84.1M | ||
| Q4 24 | $1.8B | $89.9M | ||
| Q3 24 | $1.9B | $91.7M | ||
| Q2 24 | $1.9B | $100.3M | ||
| Q1 24 | $1.9B | $115.0M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $15.9M | $-8.0M |
| Free Cash FlowOCF − Capex | $7.2M | $-8.4M |
| FCF MarginFCF / Revenue | 11.6% | -25.7% |
| Capex IntensityCapex / Revenue | 14.0% | 1.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $86.7M | $-34.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-8.0M | ||
| Q3 25 | $15.9M | $-14.6M | ||
| Q2 25 | $29.8M | $-2.3M | ||
| Q1 25 | $16.2M | $-8.5M | ||
| Q4 24 | $95.2M | $-16.7M | ||
| Q3 24 | $20.7M | $-2.4M | ||
| Q2 24 | $28.9M | $-3.8M | ||
| Q1 24 | $21.2M | $-11.9M |
| Q4 25 | — | $-8.4M | ||
| Q3 25 | $7.2M | $-15.1M | ||
| Q2 25 | $21.1M | $-2.5M | ||
| Q1 25 | $10.5M | $-8.6M | ||
| Q4 24 | $47.9M | $-17.0M | ||
| Q3 24 | $8.8M | $-2.6M | ||
| Q2 24 | $21.0M | $-4.5M | ||
| Q1 24 | $7.6M | $-12.3M |
| Q4 25 | — | -25.7% | ||
| Q3 25 | 11.6% | -57.9% | ||
| Q2 25 | 34.1% | -12.4% | ||
| Q1 25 | 17.1% | -41.2% | ||
| Q4 24 | 78.1% | -128.6% | ||
| Q3 24 | 14.4% | -25.6% | ||
| Q2 24 | 34.9% | -39.2% | ||
| Q1 24 | 12.8% | -97.6% |
| Q4 25 | — | 1.3% | ||
| Q3 25 | 14.0% | 1.7% | ||
| Q2 25 | 14.0% | 0.9% | ||
| Q1 25 | 9.2% | 0.4% | ||
| Q4 24 | 77.4% | 2.2% | ||
| Q3 24 | 19.4% | 2.2% | ||
| Q2 24 | 13.1% | 6.1% | ||
| Q1 24 | 22.9% | 3.4% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ELME
| Residential Segment | $57.7M | 93% |
| Other | $4.4M | 7% |
FTCI
| Products | $26.2M | 80% |
| Services | $6.7M | 20% |
