FTC Solar (FTCI) Change in Receivables (2020 - 2026)
FTC Solar (FTCI) posted Change in Receivables of $647000.0 for Q1 2026, up 104.75% on a QoQ basis from $316000.0 in Q4 2025, and down 85.42% year-over-year from $4.4 million in Q1 2025.
FTC Solar (FTCI) Change in Receivables (2020 - 2026) Analysis & Trends
FTC Solar's Change in Receivables history runs 7 years deep, the most recent figure standing at $647000.0 for Q1 2026.
- Quarterly Change in Receivables fell 85.42% year-over-year to $647000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $6.4 million (up 130.73% YoY) and the FY2025 annual result came in at $10.2 million, up 143.37% from the prior year.
- Change in Receivables was $647000.0 for Q1 2026 at FTC Solar, up from $316000.0 in the prior quarter.
- Across five years, Change in Receivables topped out at $24.7 million in Q1 2022 and bottomed at -$83.9 million in Q3 2022.
- A 5-year average of -$2.7 million and a median of $1.8 million in 2024 frame the typical range for Change in Receivables.
- Annual changes were most pronounced in 2022 — Change in Receivables plunged 1343.19% — and 2025, when it jumped 214.49%.
- FTC Solar's Change in Receivables stood at -$3.9 million in 2022, then increased by 21.55% to -$3.0 million in 2023, then jumped by 202.68% to $3.1 million in 2024, then sank by 89.83% to $316000.0 in 2025, then surged by 104.75% to $647000.0 in 2026.
- Business Quant data shows FTCI's Change in Receivables at $647000.0 in Q1 2026, $316000.0 in Q4 2025, and $3.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 85.76 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -41.56 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -43.56 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -22.09 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 412,000.00 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | - |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | - |
| 10 | FTC Solar | 48.88 Mn | 43.25 Mn | -1.23 Mn | 647,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 647,000.00 |
| Mar 31, 2026 | 647,000.00 |
| Dec 31, 2025 | 316,000.00 |
| Dec 31, 2025 | 316,000.00 |
| Sep 30, 2025 | 3.92 Mn |
| Sep 30, 2025 | 3.92 Mn |
| Jun 30, 2025 | 1.52 Mn |
| Jun 30, 2025 | 1.52 Mn |
| Mar 31, 2025 | 4.44 Mn |
| Mar 31, 2025 | 4.44 Mn |
| Dec 31, 2024 | 3.11 Mn |
| Dec 31, 2024 | 3.11 Mn |
| Sep 30, 2024 | -3.42 Mn |
| Sep 30, 2024 | -3.42 Mn |
| Jun 30, 2024 | -24.95 Mn |
| Jun 30, 2024 | -24.95 Mn |
| Mar 31, 2024 | 1.77 Mn |
| Mar 31, 2024 | 1.77 Mn |
| Dec 31, 2023 | -3.03 Mn |
| Dec 31, 2023 | -3.03 Mn |