What is FTC Solar's current debt?

FTC Solar (FTCI) reported current debt of $9.71M in Q1 2026.

What is the long-term trend for FTC Solar's current debt?

Over 4 years (2020 to 2025), FTC Solar's current debt has grown at a 88.7% compound annual growth rate (CAGR), from $1M to $12.68M.

What does current debt mean?

The portion of long-term debt maturing within the next 12 months, requiring refinancing or repayment from operating cash flows.

FTC Solar FTCI Current Debt

Current Debt at other companies

Array Technologies, Inc.ARRY

$9.46M-72.5%

SunrunRUN

$23.92M-6.3%

First SolarFSLR

$3.82M+123%

NeoVoltaNEOV

$609.64K-57.1%

Solaris Energy InfrastructureSEI

$319.73M+2,523%

Preformed Line ProductsPLPC

$1.32M-77.5%

Other financials

Income statement

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Revenue$17.3M-17.0%

Gross profit-$1.2M+64.4%

Operating income-$12.1M-14.2%

Net income$32.6M+954%

EPS (diluted)-$0.72-24.1%

Balance sheet

See full

Cash & equivalents$5.6M-4.6%

Total debt$23.4M+110%

Total equity-$6.1M-140%

Total assets$97.8M+16.4%

Cash flow

See full

Operating cash flow-$12.8M-50.6%

CapEx$276.0K+233%

Free cash flow-$13.0M-52.3%

Valuation

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Market cap$81.31M+38.1%

Enterprise value$99.09M+47.5%

P/S0.9×-0.1×

Profitability

See full

Gross margin-12%-1.5pp

Operating margin-38.4%-14.1pp

Net margin-44.9%-13.5pp

FCF margin-40.6%-9.6pp

Returns & leverage

See full

Return on equity-175.8%-1,003pp

Debt / equity1.3×+1.3×

Current ratio1.3×-0.1×

Where this comes from

Reported directly by FTC Solar in its filing.

Tagged under the XBRL concept us-gaap:ShortTermBorrowings.

The official record: FTC Solar’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FTC Solar's current debt?: FTC Solar (FTCI) reported current debt of $9.71M in Q1 2026.
What is the long-term trend for FTC Solar's current debt?: Over 4 years (2020 to 2025), FTC Solar's current debt has grown at a 88.7% compound annual growth rate (CAGR), from $1M to $12.68M.
What does current debt mean?: The portion of long-term debt maturing within the next 12 months, requiring refinancing or repayment from operating cash flows.