FTC Solar (FTCI) Total Debt (2020 - 2026)
FTC Solar's (FTCI) quarterly Total Debt came in at $22.6 million in Q1 2026, up 122.22% YoY from $10.2 million in Q1 2025, and little changed on a QoQ basis from $22.6 million in Q4 2025.
FTC Solar (FTCI) Total Debt (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has 4 years of Total Debt data on file, last reported at $22.6 million in Q1 2026.
- Quarterly Total Debt rose 122.22% year-over-year to $22.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $22.6 million (up 122.22% YoY) and the FY2025 annual result came in at $22.6 million, up 138.77% from the prior year.
- Total Debt steadied at $22.6 million in Q1 2026, from $22.6 million in the prior quarter.
- In the past five years, Total Debt ranged from a high of $22.6 million in Q4 2025 to a low of $9.5 million in Q4 2024.
- A 3-year average of $15.4 million and a median of $13.8 million in 2025 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2025 — Total Debt jumped 138.77% — and 2026, when it soared 122.22%.
- Tracing FTCI's Total Debt over 3 years: stood at $9.5 million in 2024, then jumped by 138.77% to $22.6 million in 2025, then dropped by 0.02% to $22.6 million in 2026.
- The last three Total Debt figures came in at $22.6 million (Q1 2026), $22.6 million (Q4 2025), and $16.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 37.64 Mn |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 572.84 Mn |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 14.53 Bn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | - |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 196.75 Mn |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 8.40 Bn |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 2.75 Bn |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 668.72 Mn |
| 10 | FTC Solar | 34.34 Mn | 23.27 Mn | -2.23 Mn | 22.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.64 Mn |
| Mar 31, 2026 | 22.60 Mn |
| Dec 31, 2025 | 22.60 Mn |
| Sep 30, 2025 | 16.65 Mn |
| Jun 30, 2025 | 10.90 Mn |
| Mar 31, 2025 | 10.17 Mn |
| Dec 31, 2024 | 9.47 Mn |
| Dec 31, 2020 | 1.78 Mn |