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| Date | Value |
|---|---|
| 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 |