Growth Metrics

FTC Solar (FTCI) Payables (2020 - 2026)

FTC Solar posted quarterly Payables of $21.3 million for Q1 2026, up 353.74% year-on-year from $4.7 million in Q1 2025, and down 17.75% on a QoQ basis from $25.9 million in Q4 2025.

FTC Solar (FTCI) has 7 years of Payables data on file, last reported at $21.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Payables rose 353.74% year-over-year to $21.3 million; the trailing twelve-month figure through Mar 2026 stood at $21.3 million (up 353.74% YoY), and the FY2025 full-year result was $25.9 million, up 99.52% from the prior year.
  • Payables for Q1 2026 stood at $21.3 million, down from $25.9 million in the prior quarter.
  • Across five years, Payables topped out at $46.1 million in Q1 2022 and bottomed at $4.7 million in Q1 2025.
  • The 5-year median for Payables is $17.9 million (2025), against an average of $20.0 million.
  • The widest annual swing landed in 2023, when Payables tumbled 63.7%; it then surged 353.74% in 2026.
  • A 5-year view of Payables shows it stood at $15.8 million in 2022, then plunged by 49.5% to $8.0 million in 2023, then surged by 62.87% to $13.0 million in 2024, then surged by 99.52% to $25.9 million in 2025, then fell by 17.75% to $21.3 million in 2026.
  • The last three Payables figures came in at $21.3 million (Q1 2026), $25.9 million (Q4 2025), and $16.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 306.83 Mn
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 533.49 Mn
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 3.17 Bn
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 113.46 Mn
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 404.51 Mn
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 343.23 Mn
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 80.43 Mn
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 142.17 Mn
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 3.45 Bn
10 FTC Solar 73.33 Mn 67.69 Mn -1.23 Mn 21.33 Mn

Historic Data

Download Data 🔒
DateValue
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 4.70 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
Jun 30, 2021 27.62 Mn
Mar 31, 2021 30.11 Mn
Dec 31, 2020 18.13 Mn