FTC Solar

FTC Solar Interest Expense

The Interest Expense of FTC Solar (FTCI) as of Oct 17, 2026 is 7.40 M USD. In the previous year, Interest Expense was 1.07 M USD — a change of 594.37% (higher).

Interest Expense

7.40 MUSD

YoY

594.37%

Last updated:

Interest Expense of FTC Solar is 2024 7.40 M USD. Interest Expense of FTC Solar was 2023 1.07 M USD. It decreases by 594.37% higher compared to the previous year.

The FTC Solar Interest Expense history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Expense
Date
Interest Expense
Jan 1, 2019
-500,000.00 USD
Jan 1, 2020
-400,000.00 USD
Jan 1, 2021
20.00 M USD
Jan 1, 2022
800,000.00 USD
Jan 1, 2023
1.07 M USD
Jan 1, 2024
7.40 M USD
The FTC Solar Interest Expense history
YEARInterest ExpenseYoY
7.40 MUSD+594.37%
1.07 MUSD+33.25%
800,000.00USD-96.00%
20.00 MUSD-5,100.00%
-400,000.00USD-20.00%
-500,000.00USD—

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FTC Solar Stock analysis

What does FTC Solar do? FTC Solar Inc., headquartered in Austin, Texas, operates in the Industrials sector, specializing in electrical equipment. The company provides solar tracker systems, technology, software, and engineering services under the Voyager brand. Its Voyager Tracker is a two-panel single-axis solution for ground mount, tracker, canopy, and rooftop applications. FTC Solar serves project developers, solar asset owners, and EPC contractors with customized components, software licenses, and maintenance services. Listed on 28 April 2021, the company employs 223 full-time staff. FTC Solar is one of the most popular companies on Eulerpool.

Frequently Asked Questions about FTC Solar stock

Interest Expense of FTC Solar is 7.40 M USD in 2024.

Interest Expense of FTC Solar changed from 1.07 M USD to 7.40 M USD, representing a 594.37% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Expense FTC Solar since 2006 – with annual values, charts, and detailed analysis.

Interest expense represents the cost of borrowing. Higher interest expenses can indicate a highly leveraged company.

Interest Expense's USD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Interest Expense's FTC Solar historically and in real time.

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Income Statement — FTC Solar

All Key Metrics — FTC Solar