Growth Metrics

FTC Solar (FTCI) Receivables - Net (2020 - 2026)

FTC Solar posted quarterly Receivables - Net of $6.6 million for Q1 2026, down 85.63% year-on-year from $45.9 million in Q1 2025, and down 88.8% on a QoQ basis from $58.8 million in Q4 2025.

FTC Solar (FTCI) has 7 years of Receivables - Net data on file, last reported at $6.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Receivables - Net 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 $58.8 million, up 41.97% from the prior year.
  • Receivables - Net for Q1 2026 stood at $6.6 million, down from $58.8 million in the prior quarter.
  • Across five years, Receivables - Net topped out at $132.2 million in Q1 2022 and bottomed at $6000.0 in Q3 2023.
  • The 5-year median for Receivables - Net is $49.1 million (2022), against an average of $48.1 million.
  • The widest annual swing landed in 2023, when Receivables - Net plunged 99.99%; it then jumped 638566.67% in 2024.
  • A 5-year view of Receivables - Net shows it stood at $49.1 million in 2022, then soared by 33.08% to $65.3 million in 2023, then plunged by 36.54% to $41.4 million in 2024, then surged by 41.97% to $58.8 million in 2025, then tumbled by 88.8% to $6.6 million in 2026.
  • The last three Receivables - Net figures came in at $6.6 million (Q1 2026), $58.8 million (Q4 2025), and $10000.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn
10 FTC Solar 73.33 Mn 67.69 Mn -1.23 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 6.59 Mn
Mar 31, 2026 6.59 Mn
Dec 31, 2025 58.81 Mn
Dec 31, 2025 58.81 Mn
Sep 30, 2025 10,000.00
Sep 30, 2025 10,000.00
Jun 30, 2025 180,000.00
Jun 30, 2025 180,000.00
Mar 31, 2025 45.86 Mn
Mar 31, 2025 45.86 Mn
Dec 31, 2024 41.43 Mn
Dec 31, 2024 41.43 Mn
Sep 30, 2024 38.32 Mn
Sep 30, 2024 38.32 Mn
Jun 30, 2024 41.51 Mn
Jun 30, 2024 41.51 Mn
Mar 31, 2024 75.61 Mn
Mar 31, 2024 75.61 Mn
Dec 31, 2023 65.28 Mn
Dec 31, 2023 65.28 Mn
Sep 30, 2023 6,000.00
Sep 30, 2023 6,000.00
Jun 30, 2023 71.12 Mn
Jun 30, 2023 71.12 Mn
Mar 31, 2023 62.49 Mn
Mar 31, 2023 62.49 Mn
Dec 31, 2022 49.05 Mn
Dec 31, 2022 49.05 Mn
Sep 30, 2022 52.93 Mn
Sep 30, 2022 52.93 Mn
Jun 30, 2022 76.00 Mn
Jun 30, 2022 76.00 Mn
Mar 31, 2022 132.23 Mn
Mar 31, 2022 132.23 Mn
Dec 31, 2021 111.42 Mn
Dec 31, 2021 111.42 Mn
Sep 30, 2021 53.67 Mn
Sep 30, 2021 53.67 Mn
Jun 30, 2021 46.98 Mn
Jun 30, 2021 46.98 Mn
Mar 31, 2021 43.91 Mn
Mar 31, 2021 43.91 Mn
Dec 31, 2020 23.73 Mn
Dec 31, 2020 23.73 Mn