FTC Solar (FTCI) Change in Accured Expenses (2020 - 2026)
FTC Solar's (FTCI) quarterly Change in Accured Expenses came in at $1.9 million in Q1 2026, down 26.82% YoY from $2.5 million in Q1 2025, and up 159.23% on a QoQ basis from -$3.1 million in Q4 2025.
FTC Solar (FTCI) Change in Accured Expenses (2020 - 2026) Analysis & Trends
FTC Solar (FTCI) has 7 years of Change in Accured Expenses data on file, last reported at $1.9 million in Q1 2026.
- Quarterly Change in Accured Expenses fell 26.82% year-over-year to $1.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.9 million (up 117.8% YoY) and the FY2025 annual result came in at $2.6 million, up 113.26% from the prior year.
- Change in Accured Expenses improved to $1.9 million in Q1 2026, from -$3.1 million in the prior quarter.
- In the past five years, Change in Accured Expenses ranged from a high of $13.4 million in Q3 2023 to a low of -$17.0 million in Q1 2022.
- A 5-year average of -$2.2 million and a median of -$3.4 million in 2022 frame the typical range for Change in Accured Expenses.
- Annual changes were most pronounced in 2023 — Change in Accured Expenses jumped 496.04% — and 2025, when it plunged 9671.79%.
- Tracing FTCI's Change in Accured Expenses over 5 years: stood at -$7.2 million in 2022, then soared by 171.07% to $5.1 million in 2023, then tumbled by 213.73% to -$5.8 million in 2024, then soared by 45.82% to -$3.1 million in 2025, then jumped by 159.23% to $1.9 million in 2026.
- The last three Change in Accured Expenses figures came in at $1.9 million (Q1 2026), -$3.1 million (Q4 2025), and -$3.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 45.29 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 2.48 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | -36.63 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -16.16 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 7.52 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | - |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | - |
| 10 | FTC Solar | 34.18 Mn | 23.11 Mn | -2.23 Mn | 13.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.48 Mn |
| Jun 30, 2026 | 13.48 Mn |
| Mar 31, 2026 | 1.86 Mn |
| Mar 31, 2026 | 1.86 Mn |
| Dec 31, 2025 | -3.14 Mn |
| Dec 31, 2025 | -3.14 Mn |
| Sep 30, 2025 | -3.81 Mn |
| Sep 30, 2025 | -3.81 Mn |
| Jun 30, 2025 | 6.97 Mn |
| Jun 30, 2025 | 6.97 Mn |
| Mar 31, 2025 | 2.54 Mn |
| Mar 31, 2025 | 2.54 Mn |
| Dec 31, 2024 | -5.79 Mn |
| Dec 31, 2024 | -5.79 Mn |
| Sep 30, 2024 | -39,000.00 |
| Sep 30, 2024 | -39,000.00 |
| Jun 30, 2024 | -7.26 Mn |
| Jun 30, 2024 | -7.26 Mn |
| Mar 31, 2024 | -6.20 Mn |
| Mar 31, 2024 | -6.20 Mn |