FTC Solar (FTCI) Total Debt (2020 - 2026)
FTC Solar (FTCI) posted Total Debt of $22.6 million for Q1 2026, little changed on a QoQ basis from $22.6 million in Q4 2025, and up 122.22% year-over-year from $10.2 million in Q1 2025.
FTC Solar (FTCI) Total Debt (2020 - 2026) Analysis & Trends
FTC Solar's Total Debt history runs 4 years deep, the most recent figure standing at $22.6 million for 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 was $22.6 million for Q1 2026 at FTC Solar, roughly flat from $22.6 million in the prior quarter.
- Across five years, Total Debt topped out at $22.6 million in Q4 2025 and bottomed at $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%.
- FTC Solar's Total Debt stood at $9.5 million in 2024, then soared by 138.77% to $22.6 million in 2025, then fell by 0.02% to $22.6 million in 2026.
- Business Quant data shows FTCI's Total Debt at $22.6 million in Q1 2026, $22.6 million in Q4 2025, and $16.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 425.78 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 572.51 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 2.75 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | - |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 443.39 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 181.75 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 8.40 Bn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 667.21 Mn |
| 10 | FTC Solar | 48.88 Mn | 43.25 Mn | -1.23 Mn | 22.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |