FTC Solar (FTCI) Change in Receivables (2020 - 2026)
FTC Solar's (FTCI) quarterly Change in Receivables came in at $647000.0 in Q1 2026, down 85.42% YoY from $4.4 million in Q1 2025, and up 104.75% on a QoQ basis from $316000.0 in Q4 2025.
FTC Solar (FTCI) Change in Receivables (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has 7 years of Change in Receivables data on file, last reported at $647000.0 in 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 climbed to $647000.0 in Q1 2026, from $316000.0 in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $24.7 million in Q1 2022 to a low of -$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 sank 1343.19% — and 2025, when it jumped 214.49%.
- Tracing FTCI's Change in Receivables over 5 years: stood at -$3.9 million in 2022, then climbed by 21.55% to -$3.0 million in 2023, then surged by 202.68% to $3.1 million in 2024, then tumbled by 89.83% to $316000.0 in 2025, then soared by 104.75% to $647000.0 in 2026.
- The last three Change in Receivables figures came in at $647000.0 (Q1 2026), $316000.0 (Q4 2025), and $3.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 55.20 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 77.23 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 9.93 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -10.24 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 5.62 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | - |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | - |
| 10 | FTC Solar | 34.18 Mn | 23.11 Mn | -2.23 Mn | -7.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -7.76 Mn |
| Jun 30, 2026 | -7.76 Mn |
| 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 |