FTC Solar (FTCI) Payables (2020 - 2026)

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

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

FTC Solar's Payables history runs 7 years deep, the most recent figure standing at $21.3 million for Q1 2026.

  • Quarterly Payables rose 353.74% year-over-year to $21.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $21.3 million (up 353.74% YoY) and the FY2025 annual result came in at $25.9 million, up 99.52% from the prior year.
  • Payables was $21.3 million for Q1 2026 at FTC Solar, 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.
  • A 5-year average of $20.0 million and a median of $17.9 million in 2025 frame the typical range for Payables.
  • Annual changes were most pronounced in 2023 — Payables plunged 63.7% — and 2026, when it surged 353.74%.
  • FTC Solar's 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 retreated by 17.75% to $21.3 million in 2026.
  • Business Quant data shows FTCI's Payables at $21.3 million in Q1 2026, $25.9 million in Q4 2025, and $16.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 306.83 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 533.49 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 113.46 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 3.45 Bn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 404.51 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 343.23 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 80.43 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 3.27 Bn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 142.17 Mn
10 FTC Solar 48.88 Mn 43.25 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