FTC Solar (FTCI) Inventory (2020 - 2026)
FTC Solar (FTCI) reported Inventory of $9.4 million for Q1 2026, up 38.03% on a YoY basis from $6.8 million in Q1 2025, and down 2.1% quarter-over-quarter from $9.6 million in Q4 2025.
FTC Solar (FTCI) Inventory (2020 - 2026) Analysis & Trends
FTC Solar has reported Inventory for 7 years, with the latest figure at $9.4 million in Q1 2026.
- For the quarter ending Q1 2026, Inventory rose 38.03% year-over-year to $9.4 million; the trailing twelve-month figure through Mar 2026 stood at $9.4 million (up 38.03% YoY), and the FY2025 full-year result was $9.6 million, down 5.1% from the prior year.
- Inventory for Q1 2026 stood at $9.4 million, down from $9.6 million in the prior quarter.
- The five-year high for Inventory was $17.3 million in Q3 2022, with the low at $3.8 million in Q1 2024.
- Historically, Inventory has averaged $9.7 million across 5 years, with a median of $8.9 million in 2022.
- Annual changes were most pronounced in 2023 — Inventory tumbled 73.88% — and 2024, when it jumped 224.9%.
- FTC Solar's Inventory stood at $14.9 million in 2022, then plunged by 73.88% to $3.9 million in 2023, then jumped by 159.77% to $10.1 million in 2024, then declined by 5.1% to $9.6 million in 2025, then slipped by 2.1% to $9.4 million in 2026.
- The last three Inventory figures came in at $9.4 million (Q1 2026), $9.6 million (Q4 2025), and $7.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 893.88 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 262.28 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 290.70 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 596.82 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 490.39 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 158.99 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 167.97 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 2.57 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 24.81 Mn |
| 10 | FTC Solar | 68.50 Mn | 62.86 Mn | -1.23 Mn | 9.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.43 Mn |
| Dec 31, 2025 | 9.63 Mn |
| Sep 30, 2025 | 7.66 Mn |
| Jun 30, 2025 | 7.32 Mn |
| Mar 31, 2025 | 6.83 Mn |
| Dec 31, 2024 | 10.14 Mn |
| Sep 30, 2024 | 15.12 Mn |
| Jun 30, 2024 | 17.06 Mn |
| Mar 31, 2024 | 3.84 Mn |
| Dec 31, 2023 | 3.91 Mn |
| Sep 30, 2023 | 4.66 Mn |
| Jun 30, 2023 | 6.05 Mn |
| Mar 31, 2023 | 8.61 Mn |
| Dec 31, 2022 | 14.95 Mn |
| Sep 30, 2022 | 17.31 Mn |
| Jun 30, 2022 | 13.68 Mn |
| Mar 31, 2022 | 8.92 Mn |
| Dec 31, 2021 | 8.86 Mn |
| Sep 30, 2021 | 11.28 Mn |
| Jun 30, 2021 | 7.81 Mn |