FTC Solar (FTCI) Total Liabilities (2020 - 2026)
FTC Solar (FTCI) reported Total Liabilities of $104.0 million for Q1 2026, up 51.75% on a YoY basis from $68.5 million in Q1 2025, and down 32.8% quarter-over-quarter from $154.8 million in Q4 2025.
FTC Solar (FTCI) Total Liabilities (2020 - 2026) Analysis & Trends
FTC Solar has reported Total Liabilities for 7 years, with the latest figure at $104.0 million in Q1 2026.
- For the quarter ending Q1 2026, Total Liabilities rose 51.75% year-over-year to $104.0 million; the trailing twelve-month figure through Mar 2026 stood at $104.0 million (up 51.75% YoY), and the FY2025 full-year result was $154.8 million, up 118.32% from the prior year.
- Total Liabilities for Q1 2026 stood at $104.0 million, down from $154.8 million in the prior quarter.
- The five-year high for Total Liabilities was $154.8 million in Q4 2025, with the low at $56.1 million in Q2 2024.
- Historically, Total Liabilities has averaged $78.7 million across 5 years, with a median of $68.5 million in 2025.
- Annual changes were most pronounced in 2022 — Total Liabilities slumped 32.16% — and 2025, when it soared 118.32%.
- FTC Solar's Total Liabilities stood at $67.9 million in 2022, then retreated by 10.82% to $60.6 million in 2023, then increased by 16.99% to $70.9 million in 2024, then soared by 118.32% to $154.8 million in 2025, then slumped by 32.8% to $104.0 million in 2026.
- The last three Total Liabilities figures came in at $104.0 million (Q1 2026), $154.8 million (Q4 2025), and $125.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 3.47 Bn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 1.74 Bn |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 1.62 Bn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 1.85 Bn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 17.81 Bn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 429.25 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 1.21 Bn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 13.82 Bn |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 34.01 Mn |
| 10 | FTC Solar | 68.50 Mn | 62.86 Mn | -1.23 Mn | 104.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 104.00 Mn |
| Dec 31, 2025 | 154.77 Mn |
| Sep 30, 2025 | 125.26 Mn |
| Jun 30, 2025 | 73.91 Mn |
| Mar 31, 2025 | 68.53 Mn |
| Dec 31, 2024 | 70.89 Mn |
| Sep 30, 2024 | 61.29 Mn |
| Jun 30, 2024 | 56.11 Mn |
| Mar 31, 2024 | 59.87 Mn |
| Dec 31, 2023 | 60.60 Mn |
| Sep 30, 2023 | 62.19 Mn |
| Jun 30, 2023 | 58.04 Mn |
| Mar 31, 2023 | 70.80 Mn |
| Dec 31, 2022 | 67.95 Mn |
| Sep 30, 2022 | 66.95 Mn |
| Jun 30, 2022 | 85.50 Mn |
| Mar 31, 2022 | 91.24 Mn |
| Dec 31, 2021 | 100.15 Mn |
| Sep 30, 2021 | 72.07 Mn |
| Jun 30, 2021 | 59.89 Mn |