FTC Solar (FTCI) Receivables (2020 - 2026)

FTC Solar (FTCI) reported Receivables of $6.6 million for Q1 2026, down 85.63% on a YoY basis from $45.9 million in Q1 2025, and down 88.18% quarter-over-quarter from $55.7 million in Q4 2025.

FTC Solar (FTCI) Receivables (2020 - 2026) Analysis & Trends

FTC Solar has reported Receivables for 7 years, with the latest figure at $6.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Receivables fell 85.63% year-over-year to $6.6 million; the trailing twelve-month figure through Mar 2026 stood at $6.6 million (down 85.63% YoY), and the FY2025 full-year result was $55.7 million, up 40.38% from the prior year.
  • Receivables for Q1 2026 stood at $6.6 million, down from $55.7 million in the prior quarter.
  • The five-year high for Receivables was $132.2 million in Q1 2022, with the low at $6000.0 in Q3 2023.
  • Historically, Receivables has averaged $51.1 million across 5 years, with a median of $49.2 million in 2025.
  • Annual changes were most pronounced in 2023 — Receivables slumped 99.99% — and 2024, when it soared 622316.67%.
  • FTC Solar's Receivables stood at $49.1 million in 2022, then jumped by 50.53% to $73.8 million in 2023, then tumbled by 46.22% to $39.7 million in 2024, then soared by 40.38% to $55.7 million in 2025, then tumbled by 88.18% to $6.6 million in 2026.
  • The last three Receivables figures came in at $6.6 million (Q1 2026), $55.7 million (Q4 2025), and $49.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn 1.41 Bn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 950.30 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 336.42 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 277.70 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 237.93 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 193.96 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 402.83 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 1.99 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 14.17 Mn
10 FTC Solar 68.50 Mn 62.86 Mn -1.23 Mn 6.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 6.59 Mn
Dec 31, 2025 55.74 Mn
Sep 30, 2025 49.19 Mn
Jun 30, 2025 180,000.00
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 73.84 Mn
Sep 30, 2023 6,000.00
Jun 30, 2023 71.12 Mn
Mar 31, 2023 62.49 Mn
Dec 31, 2022 49.05 Mn
Sep 30, 2022 52.93 Mn
Jun 30, 2022 76.00 Mn
Mar 31, 2022 132.23 Mn
Dec 31, 2021 111.42 Mn
Sep 30, 2021 69.37 Mn
Jun 30, 2021 70.68 Mn