FTC Solar, Inc. (FTCI)
NASDAQ: FTCI · Real-Time Price · USD
2.690
+0.060 (2.28%)
Jul 31, 2026, 1:55 PM EDT - Market open
FTC Solar Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 5.64 | 21.11 | 11.25 | 25.24 | 44.39 | 102.19 |
Cash & Short-Term Investments | 5.64 | 21.11 | 11.25 | 25.24 | 44.39 | 102.19 |
Cash Growth | -4.57% | 87.65% | -55.43% | -43.15% | -56.56% | 215.78% |
Accounts Receivable | 56.39 | 55.74 | 39.71 | 65.28 | 49.05 | 107.55 |
Inventory | 9.43 | 9.63 | 10.14 | 3.91 | 14.95 | 8.86 |
Other Current Assets | 12.37 | 11.29 | 15.03 | 14.09 | 10.3 | 17.19 |
Total Current Assets | 83.82 | 97.77 | 76.13 | 108.51 | 118.69 | 235.78 |
Net Property, Plant & Equipment | 4.59 | 4.78 | 3.37 | 3.64 | 2.86 | 3.32 |
Other Intangible Assets | - | - | - | 0.54 | 1.11 | - |
Goodwill | 7.53 | 7.44 | 7.14 | 7.35 | 7.54 | - |
Long-Term Investments | - | - | 0.95 | 0.24 | - | - |
Other Long-Term Assets | 1.91 | 1.82 | 2.34 | 2.79 | 4.2 | 3.93 |
Total Assets | 97.85 | 111.81 | 89.93 | 123.07 | 134.4 | 243.02 |
Accounts Payable | 11.62 | 13.25 | 13 | 7.98 | 15.8 | 39.26 |
Accrued Expenses | 26.89 | 24.4 | 20.46 | 34.94 | 24.34 | 47.91 |
Short-Term Debt | 9.71 | 12.68 | - | - | - | - |
Unearned Revenue | 4.83 | 7.17 | 5.31 | 3.61 | 11.32 | 1.42 |
Other Current Liabilities | 10.4 | 10.73 | 10.31 | 8.14 | 8.88 | 4.66 |
Total Current Liabilities | 63.45 | 68.23 | 49.07 | 54.67 | 60.34 | 93.25 |
Long-Term Debt | 12.89 | 9.92 | 9.47 | - | - | - |
Long-Term Leases | 0.44 | 0.55 | 0.41 | 1.12 | 0.79 | 1.34 |
Other Long-Term Liabilities | 27.23 | 76.07 | 11.94 | 4.81 | 6.82 | 5.57 |
Total Long-Term Liabilities | 40.55 | 86.55 | 21.82 | 5.93 | 7.61 | 6.91 |
Total Liabilities | 104 | 154.77 | 70.89 | 60.6 | 67.95 | 100.15 |
Common Stock | 0 | 0 | 0 | 0 | 0.01 | 0.01 |
Additional Paid-in Capital | 388.76 | 384.65 | 367.32 | 361.9 | 315.35 | 292.08 |
Accumulated Other Comprehensive Income | -0.19 | -0.29 | -0.54 | -0.29 | -0.06 | 0.01 |
Retained Earnings | -394.72 | -427.32 | -347.74 | -299.14 | -248.85 | -149.23 |
Shareholders' Equity | -6.15 | -42.96 | 19.04 | 62.47 | 66.45 | 142.87 |
Total Liabilities & Equity | 97.85 | 111.81 | 89.93 | 123.07 | 134.4 | 243.02 |
Total Debt | 23.03 | 23.16 | 9.88 | 1.12 | 0.79 | 1.34 |
Net Cash (Debt) | -17.4 | -2.05 | 1.37 | 24.11 | 43.6 | 100.85 |
Net Cash Growth | - | - | -94.32% | -44.70% | -56.77% | 233.70% |
Net Cash Per Share | -1.06 | -0.15 | 0.11 | 2.09 | 4.30 | 11.72 |
Book Value | -6.15 | -42.96 | 19.04 | 62.47 | 66.45 | 142.87 |
Book Value Per Share | -0.38 | -3.07 | 1.50 | 5.41 | 6.55 | 16.60 |
Tangible Book Value | -13.68 | -50.4 | 11.9 | 54.58 | 57.8 | 142.87 |
Tangible Book Value Per Share | -0.83 | -3.60 | 0.94 | 4.72 | 5.70 | 16.60 |