FTC Solar (FTCI) Interest Expenses (2020 - 2026)
FTC Solar posted quarterly Interest Expenses of $3.9 million for Q1 2026, up 448.52% year-on-year from $711000.0 in Q1 2025, and down 18.24% on a QoQ basis from $4.8 million in Q4 2025.
FTC Solar (FTCI) has 5 years of Interest Expenses data on file, last reported at $3.9 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 448.52% year-over-year to $3.9 million; the trailing twelve-month figure through Mar 2026 stood at $11.4 million (up 941.04% YoY), and the FY2025 full-year result was $8.2 million, up 1071.43% from the prior year.
- Interest Expenses for Q1 2026 stood at $3.9 million, down from $4.8 million in the prior quarter.
- Across five years, Interest Expenses topped out at $4.8 million in Q4 2025 and bottomed at $14000.0 in Q3 2024.
- The 3-year median for Interest Expenses is $711000.0 (2025), against an average of $1.4 million.
- Peak annual rise in Interest Expenses reached 14100.0% in 2025, while the deepest fall reached 124.29% in 2025.
- A 3-year view of Interest Expenses shows it stood at $252000.0 in 2024, then soared by 1792.86% to $4.8 million in 2025, then slipped by 18.24% to $3.9 million in 2026.
- The last three Interest Expenses figures came in at $3.9 million (Q1 2026), $4.8 million (Q4 2025), and $2.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 7.62 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | -48.46 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 633,000.00 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | - |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.90 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 5.56 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | FTC Solar | 73.33 Mn | 67.69 Mn | -1.23 Mn | 3.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.90 Mn |
| Mar 31, 2026 | 3.90 Mn |
| Dec 31, 2025 | 4.77 Mn |
| Dec 31, 2025 | 4.77 Mn |
| Sep 30, 2025 | 1.99 Mn |
| Sep 30, 2025 | 1.99 Mn |
| Jun 30, 2025 | 731,000.00 |
| Jun 30, 2025 | 731,000.00 |
| Mar 31, 2025 | 711,000.00 |
| Mar 31, 2025 | 711,000.00 |
| Dec 31, 2024 | 252,000.00 |
| Dec 31, 2024 | 252,000.00 |
| Sep 30, 2024 | 14,000.00 |
| Sep 30, 2024 | 14,000.00 |
| Jun 30, 2024 | 117,000.00 |
| Jun 30, 2024 | 117,000.00 |
| Mar 31, 2024 | 317,000.00 |
| Mar 31, 2024 | 317,000.00 |
| Dec 31, 2021 | 8,000.00 |
| Dec 31, 2021 | 8,000.00 |
| Sep 30, 2021 | 13,000.00 |
| Sep 30, 2021 | 13,000.00 |
| Jun 30, 2021 | 46,000.00 |
| Jun 30, 2021 | 46,000.00 |
| Dec 31, 2020 | -1,000.00 |
| Dec 31, 2020 | -1,000.00 |
| Sep 30, 2020 | 1,000.00 |
| Sep 30, 2020 | 1,000.00 |