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
DateValue
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