FTC Solar (FTCI) Interest Expenses (2020 - 2026)

FTC Solar (FTCI) posted Interest Expenses of $4.4 million for Q1 2026, up 18.11% on a QoQ basis from $3.7 million in Q4 2025, and down 54.29% year-over-year from $9.6 million in Q1 2025.

FTC Solar (FTCI) Interest Expenses (2020 - 2026) Analysis & Trends

FTC Solar's Interest Expenses history runs 7 years deep, the most recent figure standing at $4.4 million for Q1 2026.

  • Quarterly Interest Expenses fell 54.29% year-over-year to $4.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $30.3 million (up 213.81% YoY) and the FY2025 annual result came in at $14.1 million, down 12.04% from the prior year.
  • Interest Expenses was $4.4 million for Q1 2026 at FTC Solar, up from $3.7 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $18.7 million in Q4 2023 and bottomed at $516000.0 in Q1 2022.
  • A 5-year average of $7.6 million and a median of $7.8 million in 2023 frame the typical range for Interest Expenses.
  • Annual changes were most pronounced in 2022 — Interest Expenses sank 82.15% — and 2023, when it jumped 1466.86%.
  • FTC Solar's Interest Expenses stood at $8.0 million in 2022, then soared by 133.23% to $18.7 million in 2023, then tumbled by 81.48% to $3.5 million in 2024, then climbed by 7.98% to $3.7 million in 2025, then climbed by 18.11% to $4.4 million in 2026.
  • Business Quant data shows FTCI's Interest Expenses at $4.4 million in Q1 2026, $3.7 million in Q4 2025, and $9.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 56.27 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 26.55 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 28.41 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn -
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 83.69 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 210.73 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 2.90 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn -48.46 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 28.38 Mn
10 FTC Solar 48.88 Mn 43.25 Mn -1.23 Mn 4.41 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.41 Mn
Mar 31, 2026 4.41 Mn
Dec 31, 2025 3.73 Mn
Dec 31, 2025 3.73 Mn
Sep 30, 2025 9.73 Mn
Sep 30, 2025 9.73 Mn
Jun 30, 2025 9.86 Mn
Jun 30, 2025 9.86 Mn
Mar 31, 2025 9.65 Mn
Mar 31, 2025 9.65 Mn
Dec 31, 2024 3.46 Mn
Dec 31, 2024 3.46 Mn
Sep 30, 2024 8.95 Mn
Sep 30, 2024 8.95 Mn
Jun 30, 2024 7.26 Mn
Jun 30, 2024 7.26 Mn
Mar 31, 2024 6.99 Mn
Mar 31, 2024 6.99 Mn
Dec 31, 2023 18.67 Mn
Dec 31, 2023 18.67 Mn