FTC Solar (FTCI) Invested Capital (2020 - 2026)
FTC Solar (FTCI) recorded Invested Capital of $82.37 million in Q3 2026, up 171.1% from $30.38 million a year earlier and up 22.4% from the prior quarter.
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Analysis
FTC Solar (FTCI) Invested Capital (2020 - 2026) Analysis & Trends
For FY2025, FTC Solar reported Invested Capital of $44.72 million, up 56.9% from FY2024.
- Annual Invested Capital has a five-year compound annual growth rate of 36.5% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $28.5 million in FY2024 (-54.4%), $62.47 million in FY2023 and $142.87 million in FY2021.
- The Q3 2026 figure is the highest quarterly Invested Capital since Q4 2021.
- On a year-over-year basis, Invested Capital has increased for four consecutive quarters, with growth averaging 123.4% over the last five quarters.
- Per Business Quant, the preceding three quarters came in at $67.3 million (Q2 2026), $78.56 million (Q1 2026) and $44.72 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 15.33 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 1.97 Bn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 10.99 Bn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 3.44 Bn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 4.35 Bn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 2.94 Bn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 2.72 Bn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 2.28 Bn |
| 10 | FTC Solar | 19.06 Mn | -35.44 Mn | 1.90 Mn | 82.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 82.37 Mn |
| Jun 30, 2026 | 67.30 Mn |
| Mar 31, 2026 | 78.56 Mn |
| Dec 31, 2025 | 44.72 Mn |
| Sep 30, 2025 | 30.38 Mn |
| Jun 30, 2025 | 19.94 Mn |
| Mar 31, 2025 | 25.70 Mn |
| Dec 31, 2024 | 28.50 Mn |
| Dec 31, 2023 | 62.47 Mn |
| Dec 31, 2021 | 142.87 Mn |
| Sep 30, 2021 | 163.36 Mn |
| Jun 30, 2021 | 180.77 Mn |
| Mar 31, 2021 | 496,000.00 |
| Dec 31, 2020 | 9.45 Mn |
API Access
FTC Solar Invested Capital 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=invested-capital&ticker=FTCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();