FTC Solar (FTCI) Interest Expenses (2020 - 2026)
FTC Solar (FTCI) reported Interest Expenses of $3.9 million for Q1 2026, up 448.52% on a YoY basis from $711000.0 in Q1 2025, and down 18.24% quarter-over-quarter from $4.8 million in Q4 2025.
FTC Solar (FTCI) Interest Expenses (2020 - 2026) Analysis & Trends
FTC Solar has reported Interest Expenses for 5 years, with the latest figure 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.
- The five-year high for Interest Expenses was $4.8 million in Q4 2025, with the low at $14000.0 in Q3 2024.
- Historically, Interest Expenses has averaged $1.4 million across 3 years, with a median of $711000.0 in 2025.
- The largest YoY upside for Interest Expenses was 14100.0% in 2025 against a maximum downside of 124.29% in 2025.
- FTC Solar's Interest Expenses stood at $252000.0 in 2024, then surged by 1792.86% to $4.8 million in 2025, then decreased 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) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 7.62 Mn |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 633,000.00 |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | - |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 2.90 Mn |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 5.56 Mn |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 1,000.00 |
| 10 | FTC Solar | 68.50 Mn | 62.86 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 |