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

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

FTC Solar has reported Receivables - Net for 7 years, with the latest figure 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 $55.7 million, up 40.38% from the prior year.
  • Receivables - Net for Q1 2026 stood at $6.6 million, down from $55.7 million in the prior quarter.
  • The five-year high for Receivables - Net was $132.2 million in Q1 2022, with the low at $6000.0 in Q3 2023.
  • Historically, Receivables - Net 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 - Net slumped 99.99% — and 2024, when it soared 622316.67%.
  • FTC Solar's Receivables - Net 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 - Net 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)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn
10 FTC Solar 68.50 Mn 62.86 Mn -1.23 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 6.59 Mn
Mar 31, 2026 6.59 Mn
Dec 31, 2025 55.74 Mn
Dec 31, 2025 55.74 Mn
Sep 30, 2025 49.19 Mn
Sep 30, 2025 49.19 Mn
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 39.71 Mn
Dec 31, 2024 39.71 Mn
Sep 30, 2024 37.35 Mn
Sep 30, 2024 37.35 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 73.84 Mn
Dec 31, 2023 73.84 Mn