FTC Solar, Inc. (FTCI)
NASDAQ: FTCI · Real-Time Price · USD
4.540
-0.240 (-5.02%)
Apr 29, 2026, 10:42 AM 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 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2019 |
|---|---|---|---|---|---|---|
Period Ending | 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 | 2020 - 2019 |
| Cash & Equivalents | 21.11 | 11.25 | 25.24 | 44.39 | 102.19 | Upgrade
|
| Cash & Short-Term Investments | 21.11 | 11.25 | 25.24 | 44.39 | 102.19 | Upgrade
|
| Cash Growth | 87.65% | -55.43% | -43.15% | -56.56% | 215.78% | Upgrade
|
| Accounts Receivable | 50.54 | 36.59 | 64.41 | 49.03 | 107.4 | Upgrade
|
| Other Receivables | 5.2 | 3.12 | 0.87 | 0.03 | 0.15 | Upgrade
|
| Receivables | 57.74 | 41.71 | 68.28 | 49.05 | 107.55 | Upgrade
|
| Inventory | 9.63 | 10.14 | 3.91 | 14.95 | 8.86 | Upgrade
|
| Prepaid Expenses | 1.45 | 1.44 | 1.7 | 3.71 | 2.57 | Upgrade
|
| Other Current Assets | 7.85 | 11.59 | 9.39 | 6.6 | 14.62 | Upgrade
|
| Total Current Assets | 97.77 | 76.13 | 108.51 | 118.69 | 235.78 | Upgrade
|
| Property, Plant & Equipment | 4.78 | 3.37 | 3.64 | 2.86 | 3.32 | Upgrade
|
| Long-Term Investments | - | 0.95 | 0.24 | - | - | Upgrade
|
| Goodwill | 7.44 | 7.14 | 7.35 | 7.54 | - | Upgrade
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| Other Intangible Assets | - | - | 0.54 | 1.11 | - | Upgrade
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| Other Long-Term Assets | 1.82 | 2.34 | 2.79 | 4.2 | 3.93 | Upgrade
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| Total Assets | 111.81 | 89.93 | 123.07 | 134.4 | 243.02 | Upgrade
|
| Accounts Payable | 13.25 | 13 | 7.98 | 15.8 | 39.26 | Upgrade
|
| Accrued Expenses | 7.58 | 5.46 | 6.74 | 11.16 | 4.85 | Upgrade
|
| Short-Term Debt | 12.68 | - | - | - | - | Upgrade
|
| Current Portion of Leases | 0.4 | 0.76 | 0.74 | 0.42 | 0.45 | Upgrade
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| Current Income Taxes Payable | 0.63 | 0.33 | 0.09 | 0.44 | 0.05 | Upgrade
|
| Current Unearned Revenue | 7.17 | 5.31 | 3.61 | 11.32 | 1.42 | Upgrade
|
| Other Current Liabilities | 26.51 | 24.23 | 35.5 | 21.2 | 47.22 | Upgrade
|
| Total Current Liabilities | 68.23 | 49.07 | 54.67 | 60.34 | 93.25 | Upgrade
|
| Long-Term Debt | 9.92 | 9.47 | - | - | - | Upgrade
|
| Long-Term Leases | 0.55 | 0.41 | 1.12 | 0.79 | 1.34 | Upgrade
|
| Other Long-Term Liabilities | 76.07 | 11.94 | 4.81 | 6.82 | 5.57 | Upgrade
|
| Total Liabilities | 154.77 | 70.89 | 60.6 | 67.95 | 100.15 | Upgrade
|
| Common Stock | 0 | 0 | 0 | 0.01 | 0.01 | Upgrade
|
| Additional Paid-In Capital | 384.65 | 367.32 | 361.9 | 315.35 | 292.08 | Upgrade
|
| Retained Earnings | -427.32 | -347.74 | -299.14 | -248.85 | -149.23 | Upgrade
|
| Comprehensive Income & Other | -0.29 | -0.54 | -0.29 | -0.06 | 0.01 | Upgrade
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| Shareholders' Equity | -42.96 | 19.04 | 62.47 | 66.45 | 142.87 | Upgrade
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| Total Liabilities & Equity | 111.81 | 89.93 | 123.07 | 134.4 | 243.02 | Upgrade
|
| Total Debt | 23.56 | 10.63 | 1.86 | 1.2 | 1.79 | Upgrade
|
| Net Cash (Debt) | -2.45 | 0.62 | 23.37 | 43.18 | 100.39 | Upgrade
|
| Net Cash Growth | - | -97.37% | -45.88% | -56.99% | 234.75% | Upgrade
|
| Net Cash Per Share | -0.18 | 0.05 | 2.02 | 4.26 | 11.67 | Upgrade
|
| Filing Date Shares Outstanding | 15.59 | 12.87 | 12.56 | 10.62 | 9.91 | Upgrade
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| Total Common Shares Outstanding | 15.54 | 12.85 | 12.54 | 10.5 | 9.26 | Upgrade
|
| Working Capital | 29.54 | 27.06 | 53.84 | 58.35 | 142.53 | Upgrade
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| Book Value Per Share | -2.76 | 1.48 | 4.98 | 6.33 | 15.43 | Upgrade
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| Tangible Book Value | -50.4 | 11.9 | 54.58 | 57.8 | 142.87 | Upgrade
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| Tangible Book Value Per Share | -3.24 | 0.93 | 4.35 | 5.50 | 15.43 | Upgrade
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| Machinery | 5.82 | 3.61 | 2.54 | 2.26 | 1.56 | Upgrade
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| Leasehold Improvements | 0.7 | 0.34 | 0.16 | 0.02 | 0.02 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.