FTC Solar FTCI
NASDAQ FTCI
$2.31 -0.03 (-1.28%)
At close: Sep 10, 2026 · 4:00 PM EDT

FTC Solar (FTCI) Payables (2020 - 2026)

FTC Solar's (FTCI) quarterly Payables came in at $34.1 million in Q2 2026, up 90.73% on a YoY basis from $17.9 million in Q2 2025, and up 59.79% quarter-over-quarter from $21.3 million in Q1 2026.

Analysis

FTC Solar (FTCI) Payables (2020 - 2026) Analysis & Trends

FTC Solar (FTCI) has reported Payables for 7 consecutive years, with $34.1 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Payables rose 90.73% year-over-year to $34.1 million; the trailing twelve-month figure through Jun 2026 stood at $34.1 million (up 90.73% YoY), and the FY2025 full-year result was $25.9 million, up 99.52% from the prior year.
  • Payables advanced to $34.1 million in Q2 2026 per FTCI's latest filing, from $21.3 million in the prior quarter.
  • Across five years, Payables topped out at $46.1 million in Q1 2022 and bottomed at $8.0 million in Q4 2023.
  • Historically, Payables has averaged $21.3 million across 5 years, with a median of $18.3 million in 2024.
  • The sharpest annual moves came in 2023 and 2025: Payables slumped 63.7% in 2023, then surged 99.52% in 2025.
  • Over 5 years, Payables stood at $15.8 million in 2022, then tumbled by 49.5% to $8.0 million in 2023, then soared by 62.87% to $13.0 million in 2024, then soared by 99.52% to $25.9 million in 2025, then jumped by 31.43% to $34.1 million in 2026.
  • According to Business Quant data, Payables over the past three periods registered $34.1 million, $21.3 million, and $25.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 First Solar 22.26 Bn 20.53 Bn 605.00 Mn 346.33 Mn
2 Nextpower 12.25 Bn 11.04 Bn 335.85 Mn 535.97 Mn
3 Enphase Energy 4.86 Bn 3.93 Bn 175.01 Mn 124.59 Mn
4 Solaredge Technologies 2.25 Bn 1.67 Bn 95.15 Mn 460.14 Mn
5 T1 Energy 1.29 Bn 1.08 Bn 49.10 Mn 127.09 Mn
6 Shoals Technologies 1.19 Bn 1.18 Bn 49.53 Mn 65.98 Mn
7 Canadian Solar 877.81 Mn -588.69 Mn 168.48 Mn 4.13 Bn
8 Array Technologies 700.09 Mn 392.79 Mn 99.60 Mn 161.09 Mn
9 JinkoSolar Holding 608.82 Mn -2.07 Bn 75.62 Mn 3.17 Bn
10 FTC Solar 36.75 Mn 25.68 Mn -2.23 Mn 34.08 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 34.08 Mn
Mar 31, 2026 21.33 Mn
Dec 31, 2025 25.93 Mn
Sep 30, 2025 16.31 Mn
Jun 30, 2025 17.87 Mn
Mar 31, 2025 14.64 Mn
Dec 31, 2024 13.00 Mn
Sep 30, 2024 18.74 Mn
Jun 30, 2024 17.58 Mn
Mar 31, 2024 12.06 Mn
Dec 31, 2023 7.98 Mn
Sep 30, 2023 9.78 Mn
Jun 30, 2023 27.05 Mn
Mar 31, 2023 23.70 Mn
Dec 31, 2022 15.80 Mn
Sep 30, 2022 26.95 Mn
Jun 30, 2022 34.92 Mn
Mar 31, 2022 46.10 Mn
Dec 31, 2021 39.26 Mn
Sep 30, 2021 16.56 Mn