Ridgetech (RDGT) Payables (2021 - 2026)
Ridgetech (RDGT) posted quarterly Payables of $22.8 million for Q1 2026, down 24.2% year-over-year from $30.1 million in Q1 2025, and down 14.06% on a QoQ basis from $26.5 million in Q3 2025.
Ridgetech (RDGT) Payables (2021 - 2026) Analysis & Trends
Ridgetech has reported Payables for 6 years, with the latest figure at $22.8 million in Q1 2026.
- Payables for Q1 2026 came in at $22.8 million, down 24.2% year-over-year; the trailing twelve-month figure through Mar 2026 was $22.8 million (down 24.2% YoY), and the FY2026 annual result was $22.8 million, down 24.2% from the prior year.
- Payables declined to $22.8 million in Q1 2026, from $26.5 million in the prior quarter.
- Over five years, Payables peaked at $61520.4 billion in Q1 2022 and troughed at $11.6 million in Q3 2024.
- A 5-year average of $13085.2 billion and a median of $30.1 million in 2025 frame the typical range for Payables.
- The widest annual swing landed in 2024, when Payables plunged 100.0%; it then soared 128.43% in 2025.
- A 5-year view of Payables shows it stood at $56.8 million in 2022, then gained by 3.65% to $58.9 million in 2023, then plunged by 80.31% to $11.6 million in 2024, then soared by 128.43% to $26.5 million in 2025, then declined by 14.06% to $22.8 million in 2026.
- Per Business Quant data, the three most recent Payables figures were $22.8 million in Q1 2026, $26.5 million in Q3 2025, and $30.1 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | High Tide | 215.72 Mn | 182.44 Mn | 35.30 Mn | 28.42 Mn |
| 2 | BioScience Health Innovations | 46.85 Mn | 46.14 Mn | 659,483.00 | 270,117.00 |
| 3 | Petmed Express | 38.27 Mn | 25.17 Mn | 11.33 Mn | 12.30 Mn |
| 4 | Scienture Holdings | 18.71 Mn | 18.71 Mn | 335,779.00 | 2.04 Mn |
| 5 | Polomar Health Services | 8.48 Mn | 8.31 Mn | 935,916.00 | 1.56 Mn |
| 6 | Ridgetech | 58,250.67 | -17.85 Mn | - | 22.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.78 Mn |
| Sep 30, 2025 | 26.51 Mn |
| Mar 31, 2025 | 30.05 Mn |
| Sep 30, 2024 | 11.60 Mn |
| Mar 31, 2024 | 16.48 Mn |
| Sep 30, 2023 | 58.92 Mn |
| Mar 31, 2023 | 56,246.03 Bn |
| Sep 30, 2022 | 56.85 Mn |
| Mar 31, 2022 | 61,520.40 Bn |
| Sep 30, 2021 | 64,127.35 Bn |
| Mar 31, 2021 | 55,559.46 Bn |