FTC Solar (FTCI) Ending Cash Balance (2020 - 2026)
FTC Solar's Ending Cash Balance came in at $16.68 million for Q3 2026, down 31.5% from $24.37 million a year earlier but up 50.6% from the prior quarter.
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Analysis
FTC Solar (FTCI) Ending Cash Balance (2020 - 2026) Analysis & Trends
For FY2025, FTC Solar's Ending Cash Balance was $21.11 million, up 87.7% from FY2024.
- Ending Cash Balance carries a five-year compound annual growth rate of -8.8% (FY2020 to FY2025).
- Going back by year, Ending Cash Balance was $11.25 million in FY2024 (-55.4%), $25.24 million in FY2023 (-43.1%), $44.39 million in FY2022 (-56.6%) and $102.19 million in FY2021 (+206.2%).
- The five-year range for quarterly Ending Cash Balance is $3.52 million (Q2 2025) to $102.19 million (Q4 2021).
- Year-over-year, Ending Cash Balance increased in three of the last eight quarters, with growth averaging 34.5%.
- The fastest year-over-year change in Ending Cash Balance over five years came in Q1 2022 (growth of 824.8%), and the weakest in Q3 2024 (a decline of 73.8%).
- Business Quant data shows FTCI's Ending Cash Balance at $11.08 million (Q2 2026), $5.64 million (Q1 2026) and $21.11 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Ending Cash Balance (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 16.76 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 2.51 Bn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 1.59 Bn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 1.03 Bn |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 576.80 Mn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 393.67 Mn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 1.20 Bn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 275.50 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 411.60 Mn |
| 10 | FTC Solar | 19.06 Mn | -35.44 Mn | 1.90 Mn | 16.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.68 Mn |
| Jun 30, 2026 | 11.08 Mn |
| Mar 31, 2026 | 5.64 Mn |
| Dec 31, 2025 | 21.11 Mn |
| Sep 30, 2025 | 24.37 Mn |
| Jun 30, 2025 | 3.52 Mn |
| Mar 31, 2025 | 5.91 Mn |
| Dec 31, 2024 | 11.25 Mn |
| Sep 30, 2024 | 8.26 Mn |
| Jun 30, 2024 | 10.78 Mn |
| Mar 31, 2024 | 15.94 Mn |
| Dec 31, 2023 | 25.24 Mn |
| Sep 30, 2023 | 31.52 Mn |
| Jun 30, 2023 | 33.82 Mn |
| Mar 31, 2023 | 41.49 Mn |
| Dec 31, 2022 | 44.39 Mn |
| Sep 30, 2022 | 49.82 Mn |
| Jun 30, 2022 | 66.03 Mn |
| Mar 31, 2022 | 49.38 Mn |
| Dec 31, 2021 | 102.19 Mn |
API Access
FTC Solar Ending Cash Balance 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=ending-cash-balance&ticker=FTCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ending-cash-balance", "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=ending-cash-balance&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();