FTC Solar (FTCI) Payables (2020 - 2026)

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

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

FTC Solar has reported Payables for 7 years, with the latest figure 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.
  • The five-year high for Payables was $46.1 million in Q1 2022, with the low at $4.7 million in Q1 2025.
  • Historically, Payables has averaged $20.0 million across 5 years, with a median of $17.9 million in 2025.
  • Annual changes were most pronounced in 2023 — Payables sank 63.7% — and 2026, when it surged 353.74%.
  • FTC Solar's Payables stood at $15.8 million in 2022, then sank by 49.5% to $8.0 million in 2023, then jumped by 62.87% to $13.0 million in 2024, then jumped by 99.52% to $25.9 million in 2025, then declined 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 28.68 Bn 26.25 Bn 486.13 Mn 306.83 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn 533.49 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn 113.46 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn 404.51 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn 343.23 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn 80.43 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn 142.17 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn 3.45 Bn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn 14.09 Mn
10 FTC Solar 68.50 Mn 62.86 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