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
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