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FTC Solar FTCI Short Term Borrowings

Short Term Borrowings at other companies

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FTC Solar logo
FTC SolarFTCI
$22.64M
OTT
Otter TailOTTR
$53.85M

Other financials

Income statement

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Revenue$26.2M+30.8%
Gross profit-$2.2M+43.0%
Operating income-$13.7M-19.4%
Net income-$27.1M-75.8%
EPS (diluted)-$1.69-43.2%

Balance sheet

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Cash & equivalents$10.1M+186%
Total debt$24.3M+105%
Total equity-$30.3M-436%
Total assets$98.1M+18.2%

Cash flow

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Operating cash flow-$12.8M-50.6%
CapEx$319.0K+72.4%
Free cash flow-$13.0M-52.3%

Valuation

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Market cap$47.22M-39.2%
Enterprise value$61.41M-28.5%
P/S0.5×-0.7×

Profitability

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Gross margin-12%-1.5pp
Operating margin-38.3%-13.0pp
Net margin-53.6%-11.3pp
FCF margin-40.6%-9.6pp

Returns & leverage

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Return on equity-175.8%-1,003pp
Debt / equity1.3×+1.3×
Current ratio0.9×-0.2×

Where this comes from

Reported directly by FTC Solar in its filing.

Tagged under the XBRL concept us-gaap:ShortTermBorrowings.

The source filing: FTC Solar’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 9:14 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-334042
(in thousands, except shares and per share data)June 30, 2026December 31, 2025
LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities
Accounts payable$11,436$13,247
Short-term debt22,64112,681
Accrued expenses39,81023,770
Income taxes payable570630
Deferred revenue5,4517,172
Other current liabilities11,32110,725

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is FTC Solar's short term borrowings?
FTC Solar (FTCI) reported short term borrowings of $22.64M in Q2 2026.
What is the long-term trend for FTC Solar's short term borrowings?
Over 4 years (2020 to 2025), FTC Solar's short term borrowings has grown at a 88.7% compound annual growth rate (CAGR), from $1M to $12.68M.
What does short term borrowings mean?
Short Term Borrowings as reported by FTC Solar, Inc. Common Stock.

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