facilitate the practical application of photovoltaic technology. [11][12][13][14][15][16][17][18][19][20][21][22][23][24][25][26] In ternary OSCs, the third components not only can provide a broadened light harvesting, but also have other important roles, such as facilitating exciton dissociation and charge transport and optimizing the film morphology. As a result, the main parameters of OSCs, i.e., the open-circuit voltage (V oc ), short-circuit current density (J sc ), and fill factor (FF), can be individually or simultaneously enhanced by incorporating different third components into different binary systems, such as conjugated polymers, [11][12][13][14][15][16][17][18] small molecules, [19][20][21][22] and quantum dots. [23] The PCEs of ternary OSCs have recently exceeded 11%. [24][25][26] In previous works, fullerene derivatives such as PC 61 BM or PC 71 BM have been utilized as the dominate electron acceptors in OSCs, and the most of studies on ternary OSCs were based on these fullerene acceptors. [17][18][19] However, fullerenes derivatives have several shortcomings, such as weak absorption in the visible region, limited tunability of energy levels, and poor stability. [27][28][29] Meanwhile, successful ternary OSCs have mostly focused on the combination of two donors and one fullerene derivative, rather than the ternary systems with two acceptors due to a lack of suitable materials. Most recently, considerable efforts have been paid to the nonfullerene OSCs, and many highly efficient nonfullerene acceptors, such as arylene imide-based, [30][31][32][33][34][35][36][37][38][39][40] indacenodithiophene (IDT)-based, [41][42][43][44][45][46][47][48][49][50][51][52] and diketopyrrolopyrrole-based small molecules, have been developed. [53][54][55][56] To date, the PCEs of both single-junction [57] and tandem [58] nonfullerene-acceptor-based OSCs have reached over 13% efficiencies. The new emerging highly efficient acceptors show various absorption spectra and energy levels, suggesting their great potential in constructing ternary OSCs.In this research news article, we first summarize the versatile functions of the third components in ternary OSCs and then present the recent progress in nonfullerene-based ternary OSCs, especially on those reported in the last two years. Finally, we discuss the upcoming challenges and the promising outlook for ternary OSCs.