FTC Solar (FTCI) Receivables (2020 - 2026)
FTC Solar (FTCI) posted Receivables of $59.5 million for Q1 2026, up 6.67% on a QoQ basis from $55.7 million in Q4 2025, and up 29.64% year-over-year from $45.9 million in Q1 2025.
FTC Solar (FTCI) Receivables (2020 - 2026) Analysis & Trends
FTC Solar's Receivables history runs 7 years deep, the most recent figure standing at $59.5 million for Q1 2026.
- Quarterly Receivables rose 29.64% year-over-year to $59.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $59.5 million (up 29.64% YoY) and the FY2025 annual result came in at $55.7 million, up 34.56% from the prior year.
- Receivables was $59.5 million for Q1 2026 at FTC Solar, up from $55.7 million in the prior quarter.
- Across five years, Receivables topped out at $141.1 million in Q1 2022 and bottomed at $37.3 million in Q3 2024.
- A 5-year average of $61.7 million and a median of $55.7 million in 2025 frame the typical range for Receivables.
- Annual changes were most pronounced in 2022 — Receivables surged 121.48% — and 2023, when it plunged 55.71%.
- FTC Solar's Receivables stood at $50.2 million in 2022, then grew by 29.94% to $65.3 million in 2023, then tumbled by 39.17% to $39.7 million in 2024, then surged by 40.38% to $55.7 million in 2025, then rose by 6.67% to $59.5 million in 2026.
- Business Quant data shows FTCI's Receivables at $59.5 million in Q1 2026, $55.7 million in Q4 2025, and $51.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 1.41 Bn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 950.30 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 232.24 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 1.99 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 280.70 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 1.28 Bn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 194.45 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.06 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 402.83 Mn |
| 10 | FTC Solar | 48.88 Mn | 43.25 Mn | -1.23 Mn | 59.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 59.46 Mn |
| Dec 31, 2025 | 55.74 Mn |
| Sep 30, 2025 | 51.48 Mn |
| Jun 30, 2025 | 45.65 Mn |
| Mar 31, 2025 | 45.86 Mn |
| Dec 31, 2024 | 39.71 Mn |
| Sep 30, 2024 | 37.35 Mn |
| Jun 30, 2024 | 41.51 Mn |
| Mar 31, 2024 | 75.61 Mn |
| Dec 31, 2023 | 65.28 Mn |
| Sep 30, 2023 | 76.86 Mn |
| Jun 30, 2023 | 71.12 Mn |
| Mar 31, 2023 | 62.49 Mn |
| Dec 31, 2022 | 50.24 Mn |
| Sep 30, 2022 | 52.93 Mn |
| Jun 30, 2022 | 76.00 Mn |
| Mar 31, 2022 | 141.10 Mn |
| Dec 31, 2021 | 111.42 Mn |
| Sep 30, 2021 | 69.37 Mn |
| Jun 30, 2021 | 70.68 Mn |