FTC Solar (FTCI) Non-Current Debt (2020 - 2026)
FTC Solar's (FTCI) quarterly Non-Current Debt came in at $12.9 million in Q1 2026, up 26.73% on a YoY basis from $10.2 million in Q1 2025, and up 29.9% quarter-over-quarter from $9.9 million in Q4 2025.
Analysis
FTC Solar (FTCI) Non-Current Debt (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has reported Non-Current Debt for 4 consecutive years, with $12.9 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Non-Current Debt rose 26.73% year-over-year to $12.9 million; the trailing twelve-month figure through Mar 2026 stood at $12.9 million (up 26.73% YoY), and the FY2025 full-year result was $9.9 million, up 4.81% from the prior year.
- Non-Current Debt improved to $12.9 million in Q1 2026 per FTCI's latest filing, from $9.9 million in the prior quarter.
- Across five years, Non-Current Debt topped out at $16.6 million in Q3 2025 and bottomed at $9.5 million in Q4 2024.
- Historically, Non-Current Debt has averaged $11.7 million across 3 years, with a median of $10.5 million in 2025.
- The sharpest annual moves came in 2025 and 2026: Non-Current Debt increased 4.81% in 2025, then climbed 26.73% in 2026.
- Over 3 years, Non-Current Debt stood at $9.5 million in 2024, then increased by 4.81% to $9.9 million in 2025, then rose by 29.9% to $12.9 million in 2026.
- According to Business Quant data, Non-Current Debt over the past three periods registered $12.9 million, $9.9 million, and $16.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | - |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 572.84 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | - |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 549.95 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 196.75 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 3.29 Bn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 657.75 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 2.23 Bn |
| 10 | FTC Solar | 36.75 Mn | 25.68 Mn | -2.23 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 12.89 Mn |
| Dec 31, 2025 | 9.92 Mn |
| Sep 30, 2025 | 16.65 Mn |
| Jun 30, 2025 | 10.90 Mn |
| Mar 31, 2025 | 10.17 Mn |
| Dec 31, 2024 | 9.47 Mn |
| Dec 31, 2020 | 784,000.00 |