FTC Solar (FTCI) Payables (2020 - 2026)
FTC Solar's Payables was $34.08 million in Q2 2026, up 90.7% from $17.87 million a year earlier and up 59.8% from the prior quarter.
Powered by 
Analysis
FTC Solar (FTCI) Payables (2020 - 2026) Analysis & Trends
At the end of FY2025, Payables at FTC Solar came in at $25.93 million, up 99.5% from FY2024.
- Payables shows a five-year compound annual growth rate of 7.4% (FY2020 to FY2025).
- In earlier years, Payables was $13 million in FY2024 (+62.9%), $7.98 million in FY2023 (-49.5%), $15.8 million in FY2022 (-59.8%) and $39.26 million in FY2021 (+116.6%).
- The Q2 2026 figure marks the highest quarterly Payables since Q2 2022.
- Compared with a year earlier, Payables has increased for three straight quarters, with growth averaging 50.1% over the last eight quarters.
- The best year-over-year quarter for Payables over five years was Q4 2021 (growth of 116.6%); the worst was Q3 2023 (a decline of 63.7%).
- Per Business Quant data, FTCI's Payables in the three quarters before Q2 2026 was $21.33 million (Q1 2026), $25.93 million (Q4 2025) and $16.31 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 10.10 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 309.93 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 346.33 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 212.88 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 604.41 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 535.97 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 363.83 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 124.59 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 60.20 Mn |
| 10 | FTC Solar | 35.38 Mn | -26.81 Mn | -2.23 Mn | 34.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
FTC Solar Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=FTCI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "FTCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();