FTC Solar (FTCI) Accounts Payables (2020 - 2026)
FTC Solar's (FTCI) quarterly Accounts Payables came in at $11.6 million in Q1 2026, up 147.13% YoY from $4.7 million in Q1 2025, and down 12.32% on a QoQ basis from $13.2 million in Q4 2025.
FTC Solar (FTCI) Accounts Payables (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has 7 years of Accounts Payables data on file, last reported at $11.6 million in 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 fell to $11.6 million in Q1 2026, from $13.2 million in the prior quarter.
- In the past five years, Accounts Payables ranged from a high of $46.1 million in Q1 2022 to a low of $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 sank 63.7% — and 2026, when it soared 147.13%.
- Tracing FTCI's Accounts Payables over 5 years: stood at $15.8 million in 2022, then sank by 49.5% to $8.0 million in 2023, then jumped by 62.87% to $13.0 million in 2024, then advanced by 1.94% to $13.2 million in 2025, then slipped by 12.32% to $11.6 million in 2026.
- The last three Accounts Payables figures came in at $11.6 million (Q1 2026), $13.2 million (Q4 2025), and $16.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 346.33 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | 535.97 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 124.59 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | 321.42 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 460.14 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 65.98 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 878.83 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | 2.05 Bn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 161.09 Mn |
| 10 | FTC Solar | 34.18 Mn | 23.11 Mn | -2.23 Mn | 11.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 11.44 Mn |
| 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 |