FTC Solar (FTCI) Change in Receivables (2020 - 2026)
FTC Solar (FTCI) reported Change in Receivables of $9.11 million for Q3 2026, up 132.6% from $3.92 million a year earlier.
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Analysis
FTC Solar (FTCI) Change in Receivables (2020 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, FTC Solar's Change in Receivables came in at $2.32 million, down 82.1% year-over-year; for FY2025, it was $10.19 million.
- Change in Receivables has a five-year compound annual growth rate of 1.0% (FY2020 to FY2025).
- By year, Change in Receivables came in at -$23.5 million in FY2024, $23.6 million in FY2023, -$57.34 million in FY2022 and $83.72 million in FY2021 (+762.2%).
- The Q3 2026 figure ranks as the highest quarterly Change in Receivables since Q1 2023.
- Year over year, Change in Receivables gained in two of the last four quarters, with growth averaging 27.0%.
- The high point for year-over-year Change in Receivables in five years was Q1 2025 (growth of 150.7%); the low point was Q4 2025 (a decline of 89.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at -$7.76 million (Q2 2026), $647,000 (Q1 2026) and $316,000 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | -824.00 Mn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 175.24 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 150.01 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | -20.37 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 177.25 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 14.90 Mn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 98.28 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 4.90 Mn |
| 10 | FTC Solar | 19.06 Mn | -35.44 Mn | 1.90 Mn | 9.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.11 Mn |
| Jun 30, 2026 | -7.76 Mn |
| Mar 31, 2026 | 647,000.00 |
| Dec 31, 2025 | 316,000.00 |
| Sep 30, 2025 | 3.92 Mn |
| Jun 30, 2025 | 1.52 Mn |
| Mar 31, 2025 | 4.44 Mn |
| Dec 31, 2024 | 3.11 Mn |
| Sep 30, 2024 | -3.42 Mn |
| Jun 30, 2024 | -24.95 Mn |
| Mar 31, 2024 | 1.77 Mn |
| Dec 31, 2023 | -3.03 Mn |
| Sep 30, 2023 | 8.75 Mn |
| Jun 30, 2023 | 6.47 Mn |
| Mar 31, 2023 | 11.41 Mn |
| Dec 31, 2022 | -3.86 Mn |
| Sep 30, 2022 | -83.88 Mn |
| Jun 30, 2022 | 5.75 Mn |
| Mar 31, 2022 | 24.65 Mn |
| Dec 31, 2021 | 53.71 Mn |
API Access
FTC Solar Change in Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-receivables&ticker=FTCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "ticker": "FTCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-receivables&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();