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FTC Solar FTCI Payment-in-kind interest

Payment-in-kind interest at other companies

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$0
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QT Imaging Holdings, Inc.QTI
$677K+41.9%
Gloo Holdings, Inc.
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$121K+195%
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Kodiak AI, Inc. Common StockKDK
$109K-52.2%
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SelectQuoteSLQT
$0-100%
American Resources Investment Trust Inc logo
American Resources Investment Trust IncINV
$130K

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:PaidInKindInterest.

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 payment-in-kind interest?
FTC Solar (FTCI) reported payment-in-kind interest of $1M in Q1 2026.
How has FTC Solar's payment-in-kind interest changed year-over-year?
FTC Solar's payment-in-kind interest increased by 103.5% year-over-year, from $492K to $1M.
What does payment-in-kind interest mean?
This refers to interest expense that is settled by increasing the principal balance of a debt obligation rather than through cash payments. It allows the company to preserve liquidity in the short term while increasing total debt leverage. High levels of this expense indicate a reliance on non-cash financing structures to manage capital constraints.