FTC Solar (FTCI) Change in Account Payables (2020 - 2026)
FTC Solar's (FTCI) quarterly Change in Account Payables came in at -$1.6 million in Q1 2026, down 196.86% YoY from $1.7 million in Q1 2025, and up 78.65% on a QoQ basis from -$7.7 million in Q4 2025.
FTC Solar (FTCI) Change in Account Payables (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has 7 years of Change in Account Payables data on file, last reported at -$1.6 million in Q1 2026.
- Quarterly Change in Account Payables fell 196.86% year-over-year to -$1.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$7.8 million (down 394.14% YoY) and the FY2025 annual result came in at -$4.5 million, down 190.81% from the prior year.
- Change in Account Payables grew to -$1.6 million in Q1 2026, from -$7.7 million in the prior quarter.
- In the past five years, Change in Account Payables ranged from a high of $7.9 million in Q1 2023 to a low of -$17.4 million in Q3 2023.
- A 5-year average of -$1.9 million and a median of -$1.6 million in 2026 frame the typical range for Change in Account Payables.
- Annual changes were most pronounced in 2022 — Change in Account Payables tumbled 250.69% — and 2023, when it jumped 130.04%.
- Tracing FTCI's Change in Account Payables over 5 years: 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 | 23.03 Bn | 21.30 Bn | 605.00 Mn | - |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | - |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | -9.42 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 55.70 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | -14.36 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | - |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | - |
| 10 | FTC Solar | 34.18 Mn | 23.11 Mn | -2.23 Mn | -218,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -218,000.00 |
| Jun 30, 2026 | -218,000.00 |
| 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 |