FTC Solar (FTCI) Change in Receivables (2020 - 2026)

FTC Solar (FTCI) reported Change in Receivables of $647000.0 for Q1 2026, down 85.42% on a YoY basis from $4.4 million in Q1 2025, and up 104.75% quarter-over-quarter from $316000.0 in Q4 2025.

FTC Solar (FTCI) Change in Receivables (2020 - 2026) Analysis & Trends

FTC Solar has reported Change in Receivables for 7 years, with the latest figure at $647000.0 in Q1 2026.

  • For the quarter ending Q1 2026, Change in Receivables fell 85.42% year-over-year to $647000.0; the trailing twelve-month figure through Mar 2026 stood at $6.4 million (up 130.73% YoY), and the FY2025 full-year result was $10.2 million, up 143.37% from the prior year.
  • Change in Receivables for Q1 2026 stood at $647000.0, up from $316000.0 in the prior quarter.
  • The five-year high for Change in Receivables was $24.7 million in Q1 2022, with the low at -$83.9 million in Q3 2022.
  • Historically, Change in Receivables has averaged -$2.7 million across 5 years, with a median of $1.8 million in 2024.
  • Annual changes were most pronounced in 2022 — Change in Receivables sank 1343.19% — and 2025, when it jumped 214.49%.
  • FTC Solar's Change in Receivables 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 28.68 Bn 26.25 Bn 486.13 Mn 85.76 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn -
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn -41.56 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn -43.56 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn -22.09 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 412,000.00
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn -
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn -
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 1.23 Mn
10 FTC Solar 68.50 Mn 62.86 Mn -1.23 Mn 647,000.00

Historic Data

Download Data
DateValue
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