FTC Solar (FTCI) Change in Accured Expenses (2020 - 2026)
FTC Solar (FTCI) reported Change in Accured Expenses of $1.9 million for Q1 2026, down 26.82% on a YoY basis from $2.5 million in Q1 2025, and up 159.23% quarter-over-quarter from -$3.1 million in Q4 2025.
FTC Solar (FTCI) Change in Accured Expenses (2020 - 2026) Analysis & Trends
FTC Solar has reported Change in Accured Expenses for 7 years, with the latest figure at $1.9 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Accured Expenses fell 26.82% year-over-year to $1.9 million; the trailing twelve-month figure through Mar 2026 stood at $1.9 million (up 117.8% YoY), and the FY2025 full-year result was $2.6 million, up 113.26% from the prior year.
- Change in Accured Expenses for Q1 2026 stood at $1.9 million, up from -$3.1 million in the prior quarter.
- The five-year high for Change in Accured Expenses was $13.4 million in Q3 2023, with the low at -$17.0 million in Q1 2022.
- Historically, Change in Accured Expenses has averaged -$2.2 million across 5 years, with a median of -$3.4 million in 2022.
- Annual changes were most pronounced in 2023 — Change in Accured Expenses jumped 496.04% — and 2025, when it plunged 9671.79%.
- FTC Solar's Change in Accured Expenses 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | -32.03 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -118.13 Mn |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 9.63 Mn |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | -16.11 Mn |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 2.51 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 | -847,000.00 |
| 10 | FTC Solar | 68.50 Mn | 62.86 Mn | -1.23 Mn | 1.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 5.09 Mn |
| Dec 31, 2023 | 5.09 Mn |