FTC Solar (FTCI) Accounts Payables (2020 - 2026)
FTC Solar (FTCI) posted Accounts Payables of $11.6 million for Q1 2026, down 12.32% on a QoQ basis from $13.2 million in Q4 2025, and up 147.13% year-over-year from $4.7 million in Q1 2025.
FTC Solar (FTCI) Accounts Payables (2020 - 2026) Analysis & Trends
FTC Solar's Accounts Payables history runs 7 years deep, the most recent figure standing at $11.6 million for Q1 2026.
- Quarterly Accounts Payables rose 147.13% year-over-year to $11.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $11.6 million (up 147.13% YoY) and the FY2025 annual result came in at $13.2 million, up 1.94% from the prior year.
- Accounts Payables was $11.6 million for Q1 2026 at FTC Solar, down from $13.2 million in the prior quarter.
- Across five years, Accounts Payables topped out at $46.1 million in Q1 2022 and bottomed at $4.7 million in Q1 2025.
- A 5-year average of $18.7 million and a median of $16.3 million in 2025 frame the typical range for Accounts Payables.
- Annual changes were most pronounced in 2023 — Accounts Payables plunged 63.7% — and 2026, when it soared 147.13%.
- FTC Solar's Accounts Payables stood at $15.8 million in 2022, then tumbled by 49.5% to $8.0 million in 2023, then soared by 62.87% to $13.0 million in 2024, then grew by 1.94% to $13.2 million in 2025, then declined by 12.32% to $11.6 million in 2026.
- Business Quant data shows FTCI's Accounts Payables at $11.6 million in Q1 2026, $13.2 million in Q4 2025, and $16.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 306.83 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 533.49 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 113.46 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 2.05 Bn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 404.51 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 343.23 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 80.43 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 878.83 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 142.17 Mn |
| 10 | FTC Solar | 48.88 Mn | 43.25 Mn | -1.23 Mn | 11.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.62 Mn |
| Dec 31, 2025 | 13.25 Mn |
| Sep 30, 2025 | 16.31 Mn |
| Jun 30, 2025 | 17.87 Mn |
| Mar 31, 2025 | 4.70 Mn |
| Dec 31, 2024 | 13.00 Mn |
| Sep 30, 2024 | 18.74 Mn |
| Jun 30, 2024 | 17.58 Mn |
| Mar 31, 2024 | 12.06 Mn |
| Dec 31, 2023 | 7.98 Mn |
| Sep 30, 2023 | 9.78 Mn |
| Jun 30, 2023 | 27.05 Mn |
| Mar 31, 2023 | 23.70 Mn |
| Dec 31, 2022 | 15.80 Mn |
| Sep 30, 2022 | 26.95 Mn |
| Jun 30, 2022 | 34.92 Mn |
| Mar 31, 2022 | 46.10 Mn |
| Dec 31, 2021 | 39.26 Mn |
| Sep 30, 2021 | 16.56 Mn |
| Jun 30, 2021 | 27.62 Mn |