FTC Solar (FTCI) Times Interest Earned (2020 - 2026)
FTC Solar (FTCI) posted Times Interest Earned of -$2.73 for Q1 2026, down 80.41% on a QoQ basis from -$1.52 in Q4 2025, and down 149.79% year-over-year from $5.49 in Q1 2025.
FTC Solar (FTCI) Times Interest Earned (2020 - 2026) Analysis & Trends
FTC Solar's Times Interest Earned history runs 7 years deep, the most recent figure standing at -$2.73 for Q1 2026.
- Quarterly Times Interest Earned fell 149.79% year-over-year to -$2.73 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.22 (up 76.88% YoY) and the FY2025 annual result came in at -$2.52, up 23.77% from the prior year.
- Times Interest Earned was -$2.73 for Q1 2026 at FTC Solar, down from -$1.52 in the prior quarter.
- Across five years, Times Interest Earned topped out at -$0.63 in Q4 2023 and bottomed at -$53.83 in Q1 2022.
- A 5-year average of -$5.03 and a median of -$1.67 in 2024 frame the typical range for Times Interest Earned.
- Annual changes were most pronounced in 2022 — Times Interest Earned plunged 1840.79% — and 2023, when it soared 97.15%.
- FTC Solar's Times Interest Earned stood at -$2.48 in 2022, then surged by 74.66% to -$0.63 in 2023, then plunged by 517.86% to -$3.88 in 2024, then surged by 60.97% to -$1.52 in 2025, then sank by 80.41% to -$2.73 in 2026.
- Business Quant data shows FTCI's Times Interest Earned at -$2.73 in Q1 2026, -$1.52 in Q4 2025, and -$0.79 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 6.14 |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 5.78 |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | -1.04 |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -0.66 |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | -0.21 |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 2.66 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 1.32 |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 0.25 |
| 10 | FTC Solar | 48.88 Mn | 43.25 Mn | -1.23 Mn | -2.73 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.73 |
| Dec 31, 2025 | -1.52 |
| Sep 30, 2025 | -0.79 |
| Jun 30, 2025 | -1.17 |
| Mar 31, 2025 | -1.09 |
| Dec 31, 2024 | -3.88 |
| Sep 30, 2024 | -1.67 |
| Jun 30, 2024 | -1.64 |
| Mar 31, 2024 | -1.79 |
| Dec 31, 2023 | -0.63 |
| Sep 30, 2023 | -2.10 |
| Jun 30, 2023 | -1.33 |
| Mar 31, 2023 | -1.53 |
| Dec 31, 2022 | -2.48 |
| Sep 30, 2022 | -3.21 |
| Jun 30, 2022 | -4.01 |
| Mar 31, 2022 | -53.83 |
| Dec 31, 2021 | 8.30 |
| Sep 30, 2021 | -28.68 |
| Jun 30, 2021 | -41.60 |