Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FTC Solar's interest expense for the
three
months ended in Mar. 2026 was $ -3.90 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-11.39 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. FTC Solar's Operating Income for the
three
months ended in Mar. 2026 was $ -12.06 Mil. FTC Solar's Interest Expense for the
three
months ended in Mar. 2026 was $ -3.90 Mil.
FTC Solar did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
FTC Solar (NAS:FTCI) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.
FTC Solar's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as
FTC Solar did not have earnings to cover the interest expense.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The higher the ratio, the stronger the company's financial strength is.
FTC Solar Interest Expense Historical Data
* Premium members only.
The historical data trend for FTC Solar's Interest Expense can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.39 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FTC Solar (FTCI) has a Interest Expense of $-11.39 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on FTC Solar and its competitors.
Is FTC Solar's Interest Expense too high?
FTC Solar's current Interest Expense is $-11.39 Mil. Overall, FTC Solar has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FTC Solar's Interest Expense compare to SPWR and PN?
FTC Solar's Interest Expense of $-11.39 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Semiconductors company?
A good Interest Expense depends on the Semiconductors industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on FTC Solar and its competitors. FTC Solar's current Interest Expense is $-11.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FTC Solar stock overvalued right now?
Based on GuruFocus' analysis, FTC Solar (FTCI) is currently considered Fairly Valued. The stock's GF Value™ is $5.54, compared to a current price of $5.02 — trading 9.4% below its estimated fair value. The current Interest Expense is $-11.39 Mil. FTC Solar's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For FTC Solar (FTCI), the current Interest Expense is $-11.39 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is FTC Solar (FTCI) Overvalued in 2026?
Based on GuruFocus' analysis, FTC Solar stock appears to be undervalued.
The current stock price of $5.02 is trading 9.4% below its estimated GF Value™ of $5.54.
GuruFocus considers FTC Solar to be Fairly Valued.
Key valuation signals for FTCI:
Interest Expense: $-11.39 Mil
GF Value™: $5.54 vs. price of $5.02 (9.4% below fair value)
No single metric tells the full story. See the FTCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FTC Solar Inc is a provider of solar tracker systems, supported by proprietary software and value-added engineering services. The company's Solar tracker systems move solar panels throughout the day to maintain an optimal orientation relative to the sun, thereby increasing the amount of solar energy produced at a solar installation. It focuses on providing differentiated products, software, and services that maximize energy generation. The company has launched a new mounting solution to support the installation and use of U.S.-manufactured thin-film modules by project owners. The only segment the company is engaged in is the Manufacturing and Servicing of Solar tracker systems.
64GF Score
Get the complete analysis for FTCI
Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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