Skip to content

FTC Solar FTCI Change in AP

Change in AP at other companies

Nextpower Inc.
 logo
Nextpower Inc. NXT
-$12.36M-148%
Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
$15.22M+128%
SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
$132.56M+338%
Sunrun logo
SunrunRUN
$78.71M+604%
Stem logo
StemSTEM
-$3.27M+69.0%
First Solar logo
First SolarFSLR
-$211.36M-45.0%

Other financials

Income statement

See full
Revenue$17.3M-17.0%
Gross profit-$1.2M+64.4%
Operating income-$12.1M-14.2%
Net income$32.6M+954%
EPS (diluted)-$0.72-24.1%

Balance sheet

See full
Cash & equivalents$5.6M-4.6%
Total debt$23.4M+110%
Total equity-$6.1M-140%
Total assets$97.8M+16.4%

Cash flow

See full
Operating cash flow-$12.8M-50.6%
CapEx$276.0K+233%
Free cash flow-$13.0M-52.3%

Valuation

See full
Market cap$81.31M+35.9%
Enterprise value$99.09M+45.6%
P/S0.9×-0.1×

Profitability

See full
Gross margin-12%-1.5pp
Operating margin-38.4%-14.1pp
Net margin-44.9%-13.5pp
FCF margin-40.6%-9.6pp

Returns & leverage

See full
Return on equity-175.8%-1,003pp
Debt / equity1.3×+1.3×
Current ratio1.3×-0.1×

Where this comes from

Reported directly by FTC Solar in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayable.

The official record: FTC Solar’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

Ask your AI about FTC Solar's change in ap.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is FTC Solar's change in AP?
FTC Solar (FTCI) reported change in AP of -$1.64M in Q1 2026.
How has FTC Solar's change in AP changed year-over-year?
FTC Solar's change in AP decreased by 196.9% year-over-year, from $1.69M to -$1.64M.
What is the long-term trend for FTC Solar's change in AP?
Over 2 years (2022 to 2025), FTC Solar's change in AP has grown at a -55.7% compound annual growth rate (CAGR), from -$22.94M to -$4.51M.
What does change in AP mean?
Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.