vs
Side-by-side financial comparison of FTC Solar, Inc. (FTCI) and Mama's Creations, Inc. (MAMA). Click either name above to swap in a different company.
Mama's Creations, Inc. is the larger business by last-quarter revenue ($47.3M vs $32.9M, roughly 1.4× FTC Solar, Inc.). Mama's Creations, Inc. runs the higher net margin — 1.1% vs -110.7%, a 111.9% gap on every dollar of revenue. On growth, FTC Solar, Inc. posted the faster year-over-year revenue change (148.9% vs 50.0%). Mama's Creations, Inc. produced more free cash flow last quarter ($3.7M vs $-8.4M). Over the past eight quarters, FTC Solar, Inc.'s revenue compounded faster (61.6% CAGR vs 33.0%).
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.
Mama's Creations, Inc. is a U.S.-based food manufacturing enterprise that produces a wide portfolio of refrigerated ready-to-eat and heat-and-serve food products, including Italian-style meatballs, sausages, pasta dishes, and other prepared meals. It mainly distributes its offerings to grocery retailers, mass merchandisers and foodservice partners across the United States, focusing on convenient, high-quality comfort food for daily consumer demand.
FTCI vs MAMA — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $32.9M | $47.3M |
| Net Profit | $-36.4M | $540.0K |
| Gross Margin | 14.9% | 23.6% |
| Operating Margin | -17.2% | 1.7% |
| Net Margin | -110.7% | 1.1% |
| Revenue YoY | 148.9% | 50.0% |
| Net Profit YoY | -197.4% | 31.7% |
| EPS (diluted) | $-2.31 | $0.01 |
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 | $47.3M | ||
| Q3 25 | $26.0M | $35.2M | ||
| Q2 25 | $20.0M | $35.3M | ||
| Q1 25 | $20.8M | $33.6M | ||
| Q4 24 | $13.2M | $31.5M | ||
| Q3 24 | $10.1M | $28.4M | ||
| Q2 24 | $11.4M | $29.8M | ||
| Q1 24 | $12.6M | $26.7M |
| Q4 25 | $-36.4M | $540.0K | ||
| Q3 25 | $-23.9M | $1.3M | ||
| Q2 25 | $-15.4M | $1.2M | ||
| Q1 25 | $-3.8M | $1.6M | ||
| Q4 24 | $-12.2M | $410.0K | ||
| Q3 24 | $-15.4M | $1.1M | ||
| Q2 24 | $-12.2M | $553.0K | ||
| Q1 24 | $-8.8M | $1.4M |
| Q4 25 | 14.9% | 23.6% | ||
| Q3 25 | 6.1% | 24.9% | ||
| Q2 25 | -19.6% | 26.1% | ||
| Q1 25 | -16.6% | 27.0% | ||
| Q4 24 | -29.1% | 22.6% | ||
| Q3 24 | -42.5% | 24.2% | ||
| Q2 24 | -20.5% | 25.0% | ||
| Q1 24 | -16.7% | 29.3% |
| Q4 25 | -17.2% | 1.7% | ||
| Q3 25 | -29.6% | 4.8% | ||
| Q2 25 | -57.5% | 4.5% | ||
| Q1 25 | -50.8% | 5.7% | ||
| Q4 24 | -101.7% | 1.8% | ||
| Q3 24 | -147.8% | 5.7% | ||
| Q2 24 | -104.3% | 2.6% | ||
| Q1 24 | -99.3% | 7.4% |
| Q4 25 | -110.7% | 1.1% | ||
| Q3 25 | -92.0% | 3.6% | ||
| Q2 25 | -77.2% | 3.5% | ||
| Q1 25 | -18.4% | 4.8% | ||
| Q4 24 | -92.7% | 1.3% | ||
| Q3 24 | -151.5% | 4.0% | ||
| Q2 24 | -107.1% | 1.9% | ||
| Q1 24 | -69.7% | 5.3% |
| Q4 25 | $-2.31 | $0.01 | ||
| Q3 25 | $-1.61 | $0.03 | ||
| Q2 25 | $-1.18 | $0.03 | ||
| Q1 25 | $-0.58 | $0.04 | ||
| Q4 24 | $-0.95 | $0.01 | ||
| Q3 24 | $-1.21 | $0.03 | ||
| Q2 24 | $-0.97 | $0.01 | ||
| Q1 24 | $-0.70 | $0.03 |
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 | $18.1M |
| Total DebtLower is stronger | $9.9M | — |
| Stockholders' EquityBook value | $-43.0M | $49.6M |
| Total Assets | $111.8M | $84.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.1M | $18.1M | ||
| Q3 25 | $24.4M | $9.4M | ||
| Q2 25 | $3.5M | $12.0M | ||
| Q1 25 | $5.9M | $7.2M | ||
| Q4 24 | $11.2M | $9.3M | ||
| Q3 24 | $8.3M | $7.4M | ||
| Q2 24 | $10.8M | $13.0M | ||
| Q1 24 | $14.0M | $11.0M |
| 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 | $49.6M | ||
| Q3 25 | $-13.7M | $29.6M | ||
| Q2 25 | $9.0M | $26.4M | ||
| Q1 25 | $15.5M | $24.9M | ||
| Q4 24 | $19.0M | $23.0M | ||
| Q3 24 | $30.4M | $22.3M | ||
| Q2 24 | $44.2M | $20.3M | ||
| Q1 24 | $55.2M | $19.6M |
| Q4 25 | $111.8M | $84.0M | ||
| Q3 25 | $111.5M | $51.2M | ||
| Q2 25 | $83.0M | $52.7M | ||
| Q1 25 | $84.1M | $47.1M | ||
| Q4 24 | $89.9M | $47.9M | ||
| Q3 24 | $91.7M | $43.0M | ||
| Q2 24 | $100.3M | $47.2M | ||
| Q1 24 | $115.0M | $45.1M |
| 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 | $-8.0M | $3.9M |
| Free Cash FlowOCF − Capex | $-8.4M | $3.7M |
| FCF MarginFCF / Revenue | -25.7% | 7.8% |
| Capex IntensityCapex / Revenue | 1.3% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 7.16× |
| TTM Free Cash FlowTrailing 4 quarters | $-34.6M | $6.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-8.0M | $3.9M | ||
| Q3 25 | $-14.6M | $-1.7M | ||
| Q2 25 | $-2.3M | $6.0M | ||
| Q1 25 | $-8.5M | $-857.0K | ||
| Q4 24 | $-16.7M | $4.8M | ||
| Q3 24 | $-2.4M | $-2.4M | ||
| Q2 24 | $-3.8M | $3.6M | ||
| Q1 24 | $-11.9M | $6.7M |
| Q4 25 | $-8.4M | $3.7M | ||
| Q3 25 | $-15.1M | $-2.2M | ||
| Q2 25 | $-2.5M | $5.5M | ||
| Q1 25 | $-8.6M | $-930.0K | ||
| Q4 24 | $-17.0M | $2.5M | ||
| Q3 24 | $-2.6M | $-4.0M | ||
| Q2 24 | $-4.5M | $2.5M | ||
| Q1 24 | $-12.3M | $6.6M |
| Q4 25 | -25.7% | 7.8% | ||
| Q3 25 | -57.9% | -6.2% | ||
| Q2 25 | -12.4% | 15.5% | ||
| Q1 25 | -41.2% | -2.8% | ||
| Q4 24 | -128.6% | 8.0% | ||
| Q3 24 | -25.6% | -14.1% | ||
| Q2 24 | -39.2% | 8.4% | ||
| Q1 24 | -97.6% | 24.8% |
| Q4 25 | 1.3% | 0.4% | ||
| Q3 25 | 1.7% | 1.5% | ||
| Q2 25 | 0.9% | 1.5% | ||
| Q1 25 | 0.4% | 0.2% | ||
| Q4 24 | 2.2% | 7.2% | ||
| Q3 24 | 2.2% | 5.6% | ||
| Q2 24 | 6.1% | 3.8% | ||
| Q1 24 | 3.4% | 0.4% |
| Q4 25 | — | 7.16× | ||
| Q3 25 | — | -1.31× | ||
| Q2 25 | — | 4.85× | ||
| Q1 25 | — | -0.54× | ||
| Q4 24 | — | 11.71× | ||
| Q3 24 | — | -2.10× | ||
| Q2 24 | — | 6.58× | ||
| Q1 24 | — | 4.79× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FTCI
| Products | $26.2M | 80% |
| Services | $6.7M | 20% |
MAMA
Segment breakdown not available.
