FTC Solar (FTCI) Change in Account Payables (2020 - 2026)
FTC Solar (FTCI) reported Change in Account Payables of -$1.6 million for Q1 2026, down 196.86% on a YoY basis from $1.7 million in Q1 2025, and up 78.65% quarter-over-quarter from -$7.7 million in Q4 2025.
FTC Solar (FTCI) Change in Account Payables (2020 - 2026) Analysis & Trends
FTC Solar has reported Change in Account Payables for 7 years, with the latest figure at -$1.6 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Account Payables fell 196.86% year-over-year to -$1.6 million; the trailing twelve-month figure through Mar 2026 stood at -$7.8 million (down 394.14% YoY), and the FY2025 full-year result was -$4.5 million, down 190.81% from the prior year.
- Change in Account Payables for Q1 2026 stood at -$1.6 million, up from -$7.7 million in the prior quarter.
- The five-year high for Change in Account Payables was $7.9 million in Q1 2023, with the low at -$17.4 million in Q3 2023.
- Historically, Change in Account Payables has averaged -$1.9 million across 5 years, with a median of -$1.6 million in 2026.
- Annual changes were most pronounced in 2022 — Change in Account Payables tumbled 250.69% — and 2023, when it jumped 130.04%.
- FTC Solar's Change in Account Payables stood at -$11.1 million in 2022, then jumped by 83.74% to -$1.8 million in 2023, then sank by 214.39% to -$5.7 million in 2024, then tumbled by 35.31% to -$7.7 million in 2025, then jumped by 78.65% to -$1.6 million in 2026.
- The last three Change in Account Payables figures came in at -$1.6 million (Q1 2026), -$7.7 million (Q4 2025), and -$1.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | - |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | - |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 132.56 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 78.71 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 15.22 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | - |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -15.04 Mn |
| 10 | FTC Solar | 68.50 Mn | 62.86 Mn | -1.23 Mn | -1.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.64 Mn |
| Mar 31, 2026 | -1.64 Mn |
| Dec 31, 2025 | -7.66 Mn |
| Dec 31, 2025 | -7.66 Mn |
| Sep 30, 2025 | -1.67 Mn |
| Sep 30, 2025 | -1.67 Mn |
| Jun 30, 2025 | 3.13 Mn |
| Jun 30, 2025 | 3.13 Mn |
| Mar 31, 2025 | 1.69 Mn |
| Mar 31, 2025 | 1.69 Mn |
| Dec 31, 2024 | -5.66 Mn |
| Dec 31, 2024 | -5.66 Mn |
| Sep 30, 2024 | 1.14 Mn |
| Sep 30, 2024 | 1.14 Mn |
| Jun 30, 2024 | 5.49 Mn |
| Jun 30, 2024 | 5.49 Mn |
| Mar 31, 2024 | 3.99 Mn |
| Mar 31, 2024 | 3.99 Mn |
| Dec 31, 2023 | -1.80 Mn |
| Dec 31, 2023 | -1.80 Mn |