FTC Solar (FTCI) Net Cash Flow (2020 - 2026)
FTC Solar (FTCI) reported Net Cash Flow of -$15.5 million for Q1 2026, down 188.78% on a YoY basis from $17.4 million in Q1 2025, and down 370.84% quarter-over-quarter from -$3.3 million in Q4 2025.
FTC Solar (FTCI) Net Cash Flow (2020 - 2026) Analysis & Trends
FTC Solar has reported Net Cash Flow for 7 years, with the latest figure 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.
- The five-year high for Net Cash Flow was $20.8 million in Q3 2025, with the low at -$52.9 million in Q1 2022.
- Historically, Net Cash Flow has averaged -$5.7 million across 5 years, with a median of -$5.2 million in 2024.
- Annual changes were most pronounced in 2024 — Net Cash Flow tumbled 221.13% — and 2025, when it jumped 902.81%.
- FTC Solar's Net Cash Flow stood at -$5.5 million in 2022, then retreated by 16.6% to -$6.4 million in 2023, then jumped by 149.07% to $3.1 million in 2024, then tumbled by 204.75% to -$3.3 million in 2025, then tumbled 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | -435.62 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 142.35 Mn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 28.07 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 5.98 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -147.72 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -5.44 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -44.54 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 3.90 Mn |
| 10 | FTC Solar | 68.50 Mn | 62.86 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 |