FTC Solar (FTCI) Net Cash Flow (2020 - 2026)
FTC Solar posted quarterly Net Cash Flow of -$15.5 million for Q1 2026, down 188.78% year-on-year from $17.4 million in Q1 2025, and down 370.84% on a QoQ basis from -$3.3 million in Q4 2025.
FTC Solar (FTCI) has 7 years of Net Cash Flow data on file, last reported at -$15.5 million in Q1 2026.
- For the quarter ending Q1 2026, Net Cash Flow fell 188.78% year-over-year to -$15.5 million; the trailing twelve-month figure through Mar 2026 stood at -$355000.0 (up 96.47% YoY), and the FY2025 full-year result was $9.8 million, up 169.99% from the prior year.
- Net Cash Flow for Q1 2026 stood at -$15.5 million, down from -$3.3 million in the prior quarter.
- Across five years, Net Cash Flow topped out at $20.8 million in Q3 2025 and bottomed at -$52.9 million in Q1 2022.
- The 5-year median for Net Cash Flow is -$5.2 million (2024), against an average of -$5.7 million.
- The widest annual swing landed in 2024, when Net Cash Flow sank 221.13%; it then jumped 902.81% in 2025.
- A 5-year view of Net Cash Flow shows it stood at -$5.5 million in 2022, then decreased by 16.6% to -$6.4 million in 2023, then surged by 149.07% to $3.1 million in 2024, then slumped by 204.75% to -$3.3 million in 2025, then slumped by 370.84% to -$15.5 million in 2026.
- The last three Net Cash Flow figures came in at -$15.5 million (Q1 2026), -$3.3 million (Q4 2025), and $20.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | -435.62 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 142.35 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -341.77 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 28.07 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 5.98 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | -147.72 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -5.44 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -44.54 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | FTC Solar | 73.33 Mn | 67.69 Mn | -1.23 Mn | -15.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -15.47 Mn |
| Mar 31, 2026 | -15.47 Mn |
| Dec 31, 2025 | -3.29 Mn |
| Dec 31, 2025 | -3.29 Mn |
| Sep 30, 2025 | 20.85 Mn |
| Sep 30, 2025 | 20.85 Mn |
| Jun 30, 2025 | -2.45 Mn |
| Jun 30, 2025 | -2.45 Mn |
| Mar 31, 2025 | -5.36 Mn |
| Mar 31, 2025 | -5.36 Mn |
| Dec 31, 2024 | 3.14 Mn |
| Dec 31, 2024 | 3.14 Mn |
| Sep 30, 2024 | -2.60 Mn |
| Sep 30, 2024 | -2.60 Mn |
| Jun 30, 2024 | -5.24 Mn |
| Jun 30, 2024 | -5.24 Mn |
| Mar 31, 2024 | -9.24 Mn |
| Mar 31, 2024 | -9.24 Mn |
| Dec 31, 2023 | -6.39 Mn |
| Dec 31, 2023 | -6.39 Mn |
| Sep 30, 2023 | -2.28 Mn |
| Sep 30, 2023 | -2.28 Mn |
| Jun 30, 2023 | -7.55 Mn |
| Jun 30, 2023 | -7.55 Mn |
| Mar 31, 2023 | -2.88 Mn |
| Mar 31, 2023 | -2.88 Mn |
| Dec 31, 2022 | -5.48 Mn |
| Dec 31, 2022 | -5.48 Mn |
| Sep 30, 2022 | -16.21 Mn |
| Sep 30, 2022 | -16.21 Mn |
| Jun 30, 2022 | 16.71 Mn |
| Jun 30, 2022 | 16.71 Mn |
| Mar 31, 2022 | -52.86 Mn |
| Mar 31, 2022 | -52.86 Mn |
| Dec 31, 2021 | -38.46 Mn |
| Dec 31, 2021 | -38.46 Mn |
| Sep 30, 2021 | -9.01 Mn |
| Sep 30, 2021 | -9.01 Mn |
| Jun 30, 2021 | 144.33 Mn |
| Jun 30, 2021 | 144.33 Mn |
| Mar 31, 2021 | -28.03 Mn |
| Mar 31, 2021 | -28.03 Mn |
| Dec 31, 2020 | 13.00 Mn |
| Dec 31, 2020 | 13.00 Mn |
| Sep 30, 2020 | 6.28 Mn |
| Sep 30, 2020 | 6.28 Mn |
| Jun 30, 2020 | -17.83 Mn |
| Jun 30, 2020 | -17.83 Mn |
| Mar 31, 2020 | 23.70 Mn |
| Mar 31, 2020 | 23.70 Mn |