FTC Solar FTCI
NASDAQ FTCI
$2.31 -0.03 (-1.28%)
At close: Sep 10, 2026 · 4:00 PM EDT

FTC Solar (FTCI) Debt Ratio (2020 - 2026)

FTC Solar's (FTCI) quarterly Debt Ratio came in at 0.46 in Q2 2026, up 251.6% on a YoY basis from 0.13 in Q2 2025, and up 39.85% quarter-over-quarter from 0.33 in Q1 2026.

Analysis

FTC Solar (FTCI) Debt Ratio (2020 - 2026) Analysis & Trends

FTC Solar (FTCI) has reported Debt Ratio for 4 consecutive years, with 0.46 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio rose 251.6% year-over-year to 0.46; the trailing twelve-month figure through Jun 2026 stood at 0.46 (up 251.6% YoY), and the FY2025 full-year result was 0.32, up 199.78% from the prior year.
  • Debt Ratio improved to 0.46 in Q2 2026 per FTCI's latest filing, from 0.33 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.46 in Q2 2026 and bottomed at 0.11 in Q4 2024.
  • Historically, Debt Ratio has averaged 0.23 across 3 years, with a median of 0.15 in 2025.
  • The widest YoY moves for Debt Ratio: up 251.6% in 2026, down 172.95% in 2026.
  • Over 3 years, Debt Ratio stood at 0.11 in 2024, then jumped by 199.78% to 0.32 in 2025, then soared by 46.34% to 0.46 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.46, 0.33, and 0.32 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 0.00
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn -
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 0.20
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn -
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn 0.37
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 0.19
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn 0.40
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn 0.44
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn 0.31
10 FTC Solar 36.75 Mn 25.68 Mn -2.23 Mn 0.46
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.46
Mar 31, 2026 0.33
Dec 31, 2025 0.32
Sep 30, 2025 0.15
Jun 30, 2025 0.13
Mar 31, 2025 0.12
Dec 31, 2024 0.11
Dec 31, 2020 0.04