Growth Metrics

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

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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
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