Company / Accounts Receivable
FTC Solar, Inc. Accounts Receivable History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Accounts Receivable
$55.7M
FY2025
5-year range
$39.7M / $107.5M
FY2021-FY2025
Trend
+40.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Accounts Receivable has fluctuated over the past 5 years, ranging from $40M in FY2024 to $108M in FY2021.
Based on SEC 10-K filings.
$56M in FY2025 with a 3-year CAGR of +4.4%.
Declined from $65M to $56M over the past 2 years.
Accounts Receivable over time
Growth rates
- 3-Year CAGR
- +4.4%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of +4.4%, indicating consistent growth.
- In FY2025, accounts receivable increased 40.4% year-over-year.
- Peak accounts receivable was recorded in FY2021.
- Lowest accounts receivable in the period was in FY2024.
Company context
Key Data Points
- Altman Z-Score -0.77 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Accounts ReceivableValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $55.7M | +40.4% |
| FY2024 | $39.7M | -39.2% |
| FY2023 | $65.3M | +33.1% |
| FY2022 | $49.1M | -54.4% |
| FY2021 | $107.5M | - |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026