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| 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 |