FTC Solar (FTCI) Receivables (2020 - 2026)
FTC Solar's (FTCI) quarterly Receivables came in at $51.7 million in Q2 2026, up 8.71% on a YoY basis from $47.6 million in Q2 2025, and down 13.05% quarter-over-quarter from $59.5 million in Q1 2026.
Analysis
FTC Solar (FTCI) Receivables (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has reported Receivables for 7 consecutive years, with $51.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Receivables rose 8.71% year-over-year to $51.7 million; the trailing twelve-month figure through Jun 2026 stood at $51.7 million (up 8.71% YoY), and the FY2025 full-year result was $58.8 million, up 41.97% from the prior year.
- Receivables retreated to $51.7 million in Q2 2026 per FTCI's latest filing, from $59.5 million in the prior quarter.
- Across five years, Receivables topped out at $141.1 million in Q1 2022 and bottomed at $38.3 million in Q3 2024.
- Historically, Receivables has averaged $62.2 million across 5 years, with a median of $56.5 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Receivables soared 121.48% in 2022, then slumped 55.71% in 2023.
- Over 5 years, Receivables stood at $50.2 million in 2022, then jumped by 46.98% to $73.8 million in 2023, then slumped by 43.89% to $41.4 million in 2024, then soared by 41.97% to $58.8 million in 2025, then dropped by 12.09% to $51.7 million in 2026.
- According to Business Quant data, Receivables over the past three periods registered $51.7 million, $59.5 million, and $58.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 1.78 Bn |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 1.05 Bn |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 308.42 Mn |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 271.08 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 194.04 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 157.68 Mn |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 1.17 Bn |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 421.64 Mn |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 1.85 Bn |
| 10 | FTC Solar | 36.75 Mn | 25.68 Mn | -2.23 Mn | 51.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.70 Mn |
| Mar 31, 2026 | 59.46 Mn |
| Dec 31, 2025 | 58.81 Mn |
| Sep 30, 2025 | 51.48 Mn |
| Jun 30, 2025 | 47.56 Mn |
| Mar 31, 2025 | 45.86 Mn |
| Dec 31, 2024 | 41.43 Mn |
| Sep 30, 2024 | 38.32 Mn |
| Jun 30, 2024 | 41.74 Mn |
| Mar 31, 2024 | 75.61 Mn |
| Dec 31, 2023 | 73.84 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 | 54.11 Mn |
| Jun 30, 2022 | 77.66 Mn |
| Mar 31, 2022 | 141.10 Mn |
| Dec 31, 2021 | 111.42 Mn |
| Sep 30, 2021 | 69.37 Mn |