FTC Solar (FTCI) Change in Account Payables (2020 - 2026)
FTC Solar (FTCI) posted Change in Account Payables of -$1.6 million for Q1 2026, up 78.65% on a QoQ basis from -$7.7 million in Q4 2025, and down 196.86% year-over-year from $1.7 million in Q1 2025.
FTC Solar (FTCI) Change in Account Payables (2020 - 2026) Analysis & Trends
FTC Solar's Change in Account Payables history runs 7 years deep, the most recent figure standing at -$1.6 million for 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 was -$1.6 million for Q1 2026 at FTC Solar, 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.
- 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 slumped 250.69% — and 2023, when it jumped 130.04%.
- FTC Solar's Change in Account Payables stood at -$11.1 million in 2022, then soared by 83.74% to -$1.8 million in 2023, then tumbled by 214.39% to -$5.7 million in 2024, then sank by 35.31% to -$7.7 million in 2025, then soared by 78.65% to -$1.6 million in 2026.
- Business Quant data shows FTCI's Change in Account Payables at -$1.6 million in Q1 2026, -$7.7 million in Q4 2025, and -$1.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | - |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | - |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 132.56 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 78.71 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 15.22 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | - |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | - |
| 10 | FTC Solar | 48.88 Mn | 43.25 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 |