FTC Solar (FTCI) Inventory Average (2021 - 2026)
FTC Solar (FTCI) reported Inventory Average of $9.5 million for Q1 2026, up 12.26% on a YoY basis from $8.5 million in Q1 2025, and up 10.24% quarter-over-quarter from $8.6 million in Q4 2025.
FTC Solar (FTCI) Inventory Average (2021 - 2026) Analysis & Trends
FTC Solar has reported Inventory Average for 6 years, with the latest figure at $9.5 million in Q1 2026.
- For the quarter ending Q1 2026, Inventory Average rose 12.26% year-over-year to $9.5 million; the trailing twelve-month figure through Mar 2026 stood at $9.5 million (up 12.26% YoY), and the FY2025 full-year result was $9.9 million, up 40.73% from the prior year.
- Inventory Average for Q1 2026 stood at $9.5 million, up from $8.6 million in the prior quarter.
- The five-year high for Inventory Average was $16.1 million in Q4 2022, with the low at $3.9 million in Q1 2024.
- Historically, Inventory Average 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 Average tumbled 73.46% — and 2024, when it soared 200.79%.
- FTC Solar's Inventory Average stood at $16.1 million in 2022, then plunged by 73.46% to $4.3 million in 2023, then jumped by 195.19% to $12.6 million in 2024, then slumped by 31.61% to $8.6 million in 2025, then climbed by 10.24% to $9.5 million in 2026.
- The last three Inventory Average figures came in at $9.5 million (Q1 2026), $8.6 million (Q4 2025), and $7.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 815.31 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 268.78 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 289.37 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 574.73 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 495.84 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 124.44 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 159.17 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 2.30 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 28.05 Mn |
| 10 | FTC Solar | 68.50 Mn | 62.86 Mn | -1.23 Mn | 9.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.53 Mn |
| Dec 31, 2025 | 8.64 Mn |
| Sep 30, 2025 | 7.49 Mn |
| Jun 30, 2025 | 7.07 Mn |
| Mar 31, 2025 | 8.49 Mn |
| Dec 31, 2024 | 12.63 Mn |
| Sep 30, 2024 | 16.09 Mn |
| Jun 30, 2024 | 10.45 Mn |
| Mar 31, 2024 | 3.87 Mn |
| Dec 31, 2023 | 4.28 Mn |
| Sep 30, 2023 | 5.35 Mn |
| Jun 30, 2023 | 7.33 Mn |
| Mar 31, 2023 | 11.78 Mn |
| Dec 31, 2022 | 16.13 Mn |
| Sep 30, 2022 | 15.49 Mn |
| Jun 30, 2022 | 11.30 Mn |
| Mar 31, 2022 | 8.89 Mn |
| Dec 31, 2021 | 10.07 Mn |
| Sep 30, 2021 | 9.54 Mn |
| Jun 30, 2021 | 6.04 Mn |