FTC Solar (FTCI) Other Working Capital Changes (2020 - 2026)
FTC Solar's (FTCI) quarterly Other Working Capital Changes came in at $4.7 million in Q2 2026, up 725.64% on a YoY basis from $564533.4 in Q2 2025, and up 299.27% quarter-over-quarter from -$2.3 million in Q1 2026.
Analysis
FTC Solar (FTCI) Other Working Capital Changes (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has reported Other Working Capital Changes for 7 consecutive years, with $4.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Other Working Capital Changes rose 725.64% year-over-year to $4.7 million; the trailing twelve-month figure through Jun 2026 stood at $2.6 million (up 150.94% YoY), and the FY2025 full-year result was -$3.5 million, down 29.75% from the prior year.
- Other Working Capital Changes improved to $4.7 million in Q2 2026 per FTCI's latest filing, from -$2.3 million in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $380000.0 in Q3 2024 and bottomed at $58000.0 in Q3 2022.
- Historically, Other Working Capital Changes has averaged $244055.6 across 5 years, with a median of $274000.0 in 2023.
- The sharpest annual moves came in 2025 and 2026: Other Working Capital Changes tumbled 338.83% in 2025, then jumped 725.64% in 2026.
- Over 5 years, Other Working Capital Changes stood at $14.8 million in 2022, then slumped by 113.23% to -$2.0 million in 2023, then soared by 65.22% to -$683000.0 in 2024, then tumbled by 235.29% to -$2.3 million in 2025, then soared by 303.54% to $4.7 million in 2026.
- According to Business Quant data, Other Working Capital Changes over the past three periods registered $4.7 million, -$2.3 million, and -$2.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn |
| 10 | FTC Solar | 36.75 Mn | 25.68 Mn | -2.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 262,000.00 |
| Jun 30, 2026 | 262,000.00 |
| Mar 31, 2026 | 272,000.00 |
| Mar 31, 2026 | 272,000.00 |
| Dec 31, 2025 | 329,000.00 |
| Dec 31, 2025 | 329,000.00 |
| Sep 30, 2025 | 343,000.00 |
| Sep 30, 2025 | 343,000.00 |
| Jun 30, 2025 | 332,000.00 |
| Jun 30, 2025 | 332,000.00 |
| Mar 31, 2025 | 359,000.00 |
| Mar 31, 2025 | 359,000.00 |
| Dec 31, 2024 | 63,000.00 |
| Dec 31, 2024 | 63,000.00 |
| Sep 30, 2024 | 380,000.00 |
| Sep 30, 2024 | 380,000.00 |
| Jun 30, 2024 | 301,000.00 |
| Jun 30, 2024 | 301,000.00 |
| Mar 31, 2024 | 287,000.00 |
| Mar 31, 2024 | 287,000.00 |