FTC Solar (FTCI) Change in Account Payables (2020 - 2026)
FTC Solar posted quarterly Change in Account Payables of -$1.6 million for Q1 2026, down 196.86% year-on-year 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) has 7 years of Change in Account Payables data on file, last reported 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.
- Across five years, Change in Account Payables topped out at $7.9 million in Q1 2023 and bottomed at -$17.4 million in Q3 2023.
- The 5-year median for Change in Account Payables is -$1.6 million (2026), against an average of -$1.9 million.
- The widest annual swing landed in 2022, when Change in Account Payables sank 250.69%; it then jumped 130.04% in 2023.
- A 5-year view of Change in Account Payables shows it stood at -$11.1 million in 2022, then surged by 83.74% to -$1.8 million in 2023, then plunged by 214.39% to -$5.7 million in 2024, then slumped by 35.31% to -$7.7 million in 2025, then surged 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn | - |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 779.20 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | - |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 132.56 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 78.71 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 15.22 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | - |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | FTC Solar | 73.33 Mn | 67.69 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 |
| Sep 30, 2023 | -17.41 Mn |
| Sep 30, 2023 | -17.41 Mn |
| Jun 30, 2023 | 3.37 Mn |
| Jun 30, 2023 | 3.37 Mn |
| Mar 31, 2023 | 7.88 Mn |
| Mar 31, 2023 | 7.88 Mn |
| Dec 31, 2022 | -11.07 Mn |
| Dec 31, 2022 | -11.07 Mn |
| Sep 30, 2022 | -7.92 Mn |
| Sep 30, 2022 | -7.92 Mn |
| Jun 30, 2022 | -11.20 Mn |
| Jun 30, 2022 | -11.20 Mn |
| Mar 31, 2022 | 7.26 Mn |
| Mar 31, 2022 | 7.26 Mn |
| Dec 31, 2021 | 22.19 Mn |
| Dec 31, 2021 | 22.19 Mn |
| Sep 30, 2021 | -10.25 Mn |
| Sep 30, 2021 | -10.25 Mn |
| Jun 30, 2021 | -3.19 Mn |
| Jun 30, 2021 | -3.19 Mn |
| Mar 31, 2021 | 12.91 Mn |
| Mar 31, 2021 | 12.91 Mn |
| Dec 31, 2020 | 6.07 Mn |
| Dec 31, 2020 | 6.07 Mn |
| Sep 30, 2020 | 3.86 Mn |
| Sep 30, 2020 | 3.86 Mn |
| Jun 30, 2020 | 1.09 Mn |
| Jun 30, 2020 | 1.09 Mn |
| Mar 31, 2020 | -936,000.00 |
| Mar 31, 2020 | -936,000.00 |