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
DateValue
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