FTC Solar (FTCI) Total Debt (2020 - 2026)
FTC Solar (FTCI) reported Total Debt of $99.78 million for Q3 2026, up 499.4% from $16.65 million a year earlier and up 2.2% from the prior quarter.
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Analysis
FTC Solar (FTCI) Total Debt (2020 - 2026) Analysis & Trends
At the end of FY2025, FTC Solar posted Total Debt of $87.68 million, up 826.3% from FY2024.
- Total Debt has a five-year compound annual growth rate of 113.0% (FY2020 to FY2025).
- By year, Total Debt came in at $9.47 million in FY2024.
- The Q3 2026 figure ranks as the highest quarterly Total Debt in data going back to Q4 2020.
- Year over year, Total Debt has now increased in each of the last four quarters, with growth averaging 713.7% over the last four quarters.
- Per Business Quant data, the three quarters before Q3 2026 came in at $97.64 million (Q2 2026), $84.71 million (Q1 2026) and $87.68 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 2.80 Bn |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 2.95 Mn |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 107.67 Mn |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | - |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 2.02 Bn |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 1.33 Bn |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 2.60 Bn |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 814.85 Mn |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 444.00 Mn |
| 10 | FTC Solar | 19.06 Mn | -35.44 Mn | 1.90 Mn | 99.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 99.78 Mn |
| Jun 30, 2026 | 97.64 Mn |
| Mar 31, 2026 | 84.71 Mn |
| Dec 31, 2025 | 87.68 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 | 2.00 Mn |
API Access
FTC Solar Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=FTCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "FTCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();