FTC Solar reported total assets of $98.06M and total liabilities of $128.41M for the quarter ended Jun 2026, up 18.2% year over year. This balance sheet covers 26 quarters of results from Mar 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Balance Sheet | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||
| Cash & EquivalentsCash & Equiv. | 140.66M | 102.19M | 49.38M | 66.03M | 49.82M | 44.38M | 41.49M | 33.82M | 31.52M | 25.23M | 14.04M | 10.78M | 8.26M | 11.25M | 5.91M | 3.52M | 24.37M | 21.11M | 5.64M | 11.07M | ||||||
| Short-term InvestmentsInvestments (Current) | 1.90M | |||||||||||||||||||||||||
| Cash & Current Investments | 140.66M | 102.19M | 49.38M | 66.03M | 49.82M | 44.38M | 41.49M | 33.82M | 31.52M | 25.23M | 15.94M | 10.78M | 8.26M | 11.25M | 5.91M | 3.52M | 24.37M | 21.11M | 5.64M | 11.07M | ||||||
| Receivables - NetNet Receivables | 53.67M | 111.42M | 141.10M | 77.66M | 54.11M | 50.24M | 62.49M | 71.11M | 76.86M | 73.84M | 75.61M | 41.74M | 38.32M | 41.43M | 45.86M | 47.56M | 51.48M | 58.81M | 59.46M | 51.70M | ||||||
| Receivables - OtherOther Receivables | 15.70M | |||||||||||||||||||||||||
| Receivables | 69.37M | 111.42M | 141.10M | 77.66M | 54.11M | 50.24M | 62.49M | 71.11M | 76.86M | 73.84M | 75.61M | 41.74M | 38.32M | 41.43M | 45.86M | 47.56M | 51.48M | 58.81M | 59.46M | 51.70M | ||||||
| Raw Materials | 0.45M | 0.78M | 0.93M | |||||||||||||||||||||||
| Work In Process | 0.23M | 0.26M | ||||||||||||||||||||||||
| Finished Goods | 8.95M | 9.01M | 13.78M | 17.42M | 16.27M | 9.55M | 6.83M | 5.44M | 4.25M | 4.36M | 17.58M | 15.64M | 10.66M | 7.34M | 7.83M | 8.17M | 9.44M | 9.08M | 10.04M | |||||||
| Inventory | 11.28M | 8.86M | 8.92M | 13.68M | 17.30M | 14.95M | 8.61M | 6.04M | 4.66M | 3.90M | 3.84M | 17.06M | 15.12M | 10.14M | 6.83M | 7.32M | 7.66M | 9.63M | 9.43M | 9.99M | ||||||
| Prepaid Assets | 23.56M | 17.19M | 13.76M | 13.67M | 12.46M | 10.30M | 9.49M | 10.28M | 13.47M | 14.09M | 14.07M | 14.97M | 15.50M | 15.03M | 14.12M | 13.81M | 15.37M | 11.29M | 12.37M | 13.58M | ||||||
| Current Assets | 229.16M | 235.78M | 204.29M | 169.38M | 132.51M | 118.69M | 120.90M | 119.87M | 121.02M | 108.51M | 100.23M | 84.32M | 76.23M | 76.13M | 71.10M | 70.30M | 96.59M | 97.77M | 83.82M | 83.32M | ||||||
| Non-Current Assets | ||||||||||||||||||||||||||
| Property, Plant & Equipment (Net)PP&E (Net) | 3.31M | 1.56M | 1.44M | 1.73M | 2.86M | 1.56M | 1.51M | 1.69M | 3.64M | 2.22M | 2.45M | 2.41M | 2.22M | 1.95M | 1.93M | 2.23M | 3.79M | 3.72M | 3.65M | |||||||
| Long-Term Investments | 0.90M | 0.90M | 0.56M | 0.24M | 1.01M | 1.53M | 1.27M | 0.95M | 0.84M | 0.39M | 2.30M | |||||||||||||||
| Goodwill | 7.45M | 7.45M | 7.54M | 7.35M | 7.17M | 7.14M | 7.35M | 7.21M | 7.17M | 7.42M | 7.14M | 7.17M | 7.27M | 7.31M | 7.44M | 7.53M | 7.66M | |||||||||
| Intangibles | 1.20M | 1.43M | 1.22M | 2.59M | 0.98M | 0.79M | 0.66M | 2.56M | 0.40M | 0.26M | 0.14M | 2.01M | ||||||||||||||
| Goodwill & Intangibles | 1.20M | 8.88M | 8.66M | 10.13M | 8.33M | 7.96M | 7.80M | 9.91M | 7.61M | 7.43M | 7.56M | 9.15M | 7.17M | 7.27M | 7.31M | 7.44M | 7.53M | 7.66M | ||||||||
| Other Non-Current Assets | 6.26M | 3.93M | 3.93M | 4.25M | 4.30M | 4.20M | 4.74M | 4.98M | 3.19M | 2.79M | 2.55M | 2.70M | 2.51M | 2.34M | 2.04M | 2.14M | 2.07M | 1.82M | 1.91M | 1.80M | ||||||
| Non-Current Assets | 6.26M | 7.24M | 7.12M | 16.12M | 15.97M | 15.71M | 18.14M | 17.57M | 15.24M | 14.56M | 14.80M | 16.03M | 15.47M | 13.80M | 12.96M | 12.66M | 14.93M | 14.04M | 14.03M | 14.74M | ||||||
| Assets | 235.43M | 243.02M | 211.41M | 185.50M | 148.48M | 134.40M | 139.04M | 137.44M | 136.26M | 123.07M | 115.03M | 100.35M | 91.69M | 89.93M | 84.06M | 82.95M | 111.53M | 111.81M | 97.85M | 98.06M | ||||||
| Liabilities | ||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||
| Accounts Payables | 16.56M | 39.26M | 46.10M | 34.92M | 26.95M | 15.80M | 23.70M | 27.05M | 9.78M | 7.98M | 12.06M | 17.58M | 18.74M | 12.99M | 14.64M | 17.87M | 16.31M | 13.25M | 11.62M | 11.44M | ||||||
| Notes Payables | 12.68M | 9.71M | 22.64M | |||||||||||||||||||||||
| Payables | 16.56M | 39.26M | 46.10M | 34.92M | 26.95M | 15.80M | 23.70M | 27.05M | 9.78M | 7.98M | 12.06M | 17.58M | 18.74M | 12.99M | 14.64M | 17.87M | 16.31M | 25.93M | 21.33M | 34.08M | ||||||
| Accumulated Expenses | 40.25M | 47.86M | 30.65M | 29.85M | 19.62M | 23.90M | 20.52M | 12.25M | 25.78M | 34.85M | 29.69M | 22.84M | 23.96M | 20.13M | 23.25M | 30.41M | 26.85M | 23.77M | 26.44M | 39.81M | ||||||
| Other Accumulated Expenses | 4.66M | 4.52M | 10.19M | 9.58M | 8.88M | 9.61M | 8.78M | 8.59M | 8.14M | 7.86M | 8.20M | 9.86M | 10.31M | 10.37M | 10.46M | 10.11M | 10.72M | 10.40M | 11.32M | |||||||
| Short term Debt | 12.68M | 9.71M | 22.64M | |||||||||||||||||||||||
| Current Leases | 0.45M | 0.45M | 0.44M | 0.44M | 0.42M | 0.79M | 0.80M | 0.74M | 0.74M | 0.74M | 0.86M | 0.87M | 0.76M | 0.62M | 0.49M | 0.42M | ||||||||||
| Current Taxes | 0.17M | 0.30M | 0.34M | 0.83M | 0.44M | 0.74M | 0.34M | 0.26M | 0.09M | 0.03M | 0.11M | 0.33M | 0.33M | 0.41M | 0.41M | 0.45M | 0.63M | 0.45M | 0.57M | |||||||
| Current Deferred Revenue | 9.61M | 1.42M | 3.10M | 6.88M | 4.91M | 11.32M | 8.64M | 2.51M | 11.18M | 3.61M | 4.90M | 2.60M | 4.44M | 5.30M | 2.24M | 1.49M | 4.41M | 7.20M | 4.83M | 5.45M | ||||||
| Total Current Liabilities | 66.41M | 93.25M | 84.46M | 78.89M | 61.48M | 60.34M | 63.04M | 50.92M | 55.59M | 54.66M | 54.53M | 51.32M | 57.35M | 49.07M | 50.90M | 60.63M | 58.13M | 68.22M | 63.45M | 91.23M | ||||||
| Non-Current Liabilities | ||||||||||||||||||||||||||
| Non-Current Debt | 9.47M | 10.17M | 10.89M | 16.65M | 9.92M | 12.89M | ||||||||||||||||||||
| Non-Current Deferred Tax LiabilityNon-Current Deferred Tax | 0.36M | 0.18M | 0.21M | |||||||||||||||||||||||
| Operating Leases | 1.34M | 1.19M | 1.09M | 1.00M | 0.79M | 1.68M | 1.50M | 1.31M | 1.12M | 0.93M | 1.11M | 0.88M | 0.41M | 0.34M | 0.44M | 0.58M | 0.55M | 0.44M | 1.10M | |||||||
| Other Non-Current Liabilities | 5.66M | 5.57M | 5.59M | 5.16M | 4.48M | 6.82M | 6.07M | 5.62M | 5.29M | 4.41M | 3.68M | 3.06M | 9.52M | 4.92M | 48.13M | 74.52M | 25.77M | 34.66M | ||||||||
| Total Non-Current Liabilities | 66.41M | 94.59M | 85.65M | 80.34M | 62.48M | 61.13M | 64.72M | 52.42M | 56.90M | 60.60M | 55.47M | 52.42M | 58.23M | 61.37M | 63.62M | 73.91M | 77.13M | 80.25M | 78.22M | 93.75M | ||||||
| Total Liabilities | 72.07M | 100.15M | 91.24M | 85.50M | 66.95M | 67.95M | 70.80M | 58.04M | 62.19M | 60.60M | 59.87M | 56.11M | 61.28M | 70.89M | 68.53M | 73.91M | 125.26M | 154.77M | 104.00M | 128.41M | ||||||
| Shareholder's Equity | ||||||||||||||||||||||||||
| Total Debt | 9.47M | 10.17M | 10.89M | 16.65M | 35.28M | 32.31M | 45.28M | |||||||||||||||||||
| Common Equity | 163.36M | 142.87M | 120.17M | 100.00M | 81.53M | 66.45M | 68.24M | 79.39M | 74.07M | 62.47M | 55.16M | 44.24M | 30.41M | 19.04M | 15.53M | 9.04M | -13.73M | -42.96M | -6.15M | -30.35M | ||||||
| Liabilities and Shareholders Equity | 235.43M | 243.02M | 211.41M | 185.50M | 148.48M | 134.40M | 139.04M | 137.44M | 136.26M | 123.07M | 115.03M | 100.35M | 91.69M | 89.93M | 84.06M | 82.95M | 111.53M | 111.81M | 97.85M | 98.06M | ||||||
| Retained Earnings | 288.70M | 292.08M | 297.12M | 302.57M | 310.21M | 315.35M | 328.90M | 350.88M | 362.53M | 361.90M | 363.52M | 364.81M | 366.13M | 367.32M | 367.60M | 376.46M | -390.93M | -427.32M | -394.72M | -421.84M | ||||||
| Treasury Shares | 10.76M | 10.76M | 10.76M | 10.76M | 10.76M | 10.76M | 10.76M | 10.76M | 10.76M | 1.08M | 10.76M | 10.76M | 1.08M | 1.08M | 1.08M | 1.08M | 1.08M | 1.08M | 1.08M |