FTC Solar (FTCI) Receivables - Net (2020 - 2026)
FTC Solar's (FTCI) quarterly Receivables - Net came in at $59.5 million in Q1 2026, up 29.64% YoY from $45.9 million in Q1 2025, and up 6.67% on a QoQ basis from $55.7 million in Q4 2025.
FTC Solar (FTCI) Receivables - Net (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has 7 years of Receivables - Net data on file, last reported at $59.5 million in Q1 2026.
- Quarterly Receivables - Net 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 - Net improved to $59.5 million in Q1 2026, from $55.7 million in the prior quarter.
- In the past five years, Receivables - Net ranged from a high of $141.1 million in Q1 2022 to a low of $25000.0 in Q4 2022.
- A 5-year average of $58.7 million and a median of $55.7 million in 2025 frame the typical range for Receivables - Net.
- Annual changes were most pronounced in 2022 — Receivables - Net tumbled 99.98% — and 2023, when it jumped 261016.0%.
- Tracing FTCI's Receivables - Net over 5 years: stood at $25000.0 in 2022, then jumped by 261016.0% to $65.3 million in 2023, then sank by 39.17% to $39.7 million in 2024, then soared by 40.38% to $55.7 million in 2025, then grew by 6.67% to $59.5 million in 2026.
- The last three Receivables - Net figures came in at $59.5 million (Q1 2026), $55.7 million (Q4 2025), and $51.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn |
| 10 | FTC Solar | 34.34 Mn | 23.27 Mn | -2.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 51.70 Mn |
| Jun 30, 2026 | 51.70 Mn |
| Mar 31, 2026 | 59.46 Mn |
| Mar 31, 2026 | 59.46 Mn |
| Dec 31, 2025 | 55.74 Mn |
| Dec 31, 2025 | 55.74 Mn |
| Sep 30, 2025 | 51.48 Mn |
| Sep 30, 2025 | 51.48 Mn |
| Jun 30, 2025 | 45.65 Mn |
| Jun 30, 2025 | 45.65 Mn |
| 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 |