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