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
DateValue
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