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FTC Solar FTCI Interest Expense

Interest Expense at other companies

Array Technologies, Inc. logo
Array Technologies, Inc.ARRY
$5.56M-30.8%
Nextpower Inc.
 logo
Nextpower Inc. NXT
-$338K+85.6%
Shoals Technologies Group, Inc. logo
Shoals Technologies Group, Inc.SHLS
$2.9M+20.2%
SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
$344K+19.0%
Sunrun logo
SunrunRUN
-$263.94M-16.1%
Stem logo
StemSTEM
$7.36M+71.5%

Other financials

Income statement

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Revenue$17.3M-17.0%
Gross profit-$1.2M+64.4%
Operating income-$12.1M-14.2%
Net income$32.6M+954%
EPS (diluted)-$0.72-24.1%

Balance sheet

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Cash & equivalents$5.6M-4.6%
Total debt$23.4M+110%
Total equity-$6.1M-140%
Total assets$97.8M+16.4%

Cash flow

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Operating cash flow-$12.8M-50.6%
CapEx$276.0K+233%
Free cash flow-$13.0M-52.3%

Valuation

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Market cap$81.31M+35.9%
Enterprise value$99.09M+45.6%
P/S0.9×-0.1×

Profitability

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Gross margin-12%-1.5pp
Operating margin-38.4%-14.1pp
Net margin-44.9%-13.5pp
FCF margin-40.6%-9.6pp

Returns & leverage

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Return on equity-175.8%-1,003pp
Debt / equity1.3×+1.3×
Current ratio1.3×-0.1×

Where this comes from

Reported directly by FTC Solar in its filing.

Tagged under the XBRL concept us-gaap:InterestExpense.

The official record: FTC Solar’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FTC Solar's interest expense?
FTC Solar (FTCI) reported interest expense of $3.9M in Q1 2026.
How has FTC Solar's interest expense changed year-over-year?
FTC Solar's interest expense increased by 448.0% year-over-year, from $711K to $3.9M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.