FTC Solar, Inc. (FTCI) Spending and interest coverage
- R&D / revenue · 12 months: Value 4.56%; Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 9.04%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value -2.61×; Formula and calculation Operating income ÷ reported interest expense..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | 4.56% | Research and development expense / revenue. Period ending 2026-06-30. $4.66M ÷ $102.31M × 100 ≈ 4.56% |
| Stock-based compensation / revenue · 12 months | 9.04% | Share-based compensation / revenue. Period ending 2026-06-30. $9.25M ÷ $102.31M × 100 ≈ 9.04% |
| Interest coverage · 12 months | -2.61× | Operating income ÷ reported interest expense. $-39.15M ÷ $14.99M ≈ -2.61× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | 4.66M USD | Research and Development Expense |
| Revenue | 102.31M USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | 9.25M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | -39.15M USD | Operating Income (Loss) |
| Interest expense · reported / estimated | 14.99M USD | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: Reported. Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $4.66M | $102.31M | $9.25M | $-39.15M | $14.99M | 4.56% | 9.04% | -2.61× | Reported |
| 2026-03-31 | $4.58M | $96.15M | $8.02M | $-36.92M | $11.39M | 4.76% | 8.34% | -3.24× | Reported |
| 2025-12-31 | $4.39M | $99.69M | $4.96M | $-35.42M | $8.21M | 4.40% | 4.98% | -4.32× | Reported |
| 2025-09-30 | $4.75M | $80.03M | $3.51M | $-43.19M | $2.32M | 5.94% | 4.39% | -18.64× | Reported |
| 2025-06-30 | $4.99M | $64.13M | $3.70M | $-50.46M | $343.00K | 7.79% | 5.78% | -147.12× | Reported |
| 2025-03-31 | $5.40M | $55.57M | $4.05M | $-50.89M | $-271.00K | 9.72% | 7.29% | (m) | Reported |
| 2024-12-31 | $5.92M | $47.35M | $5.41M | $-52.83M | $-665.00K | 12.49% | 11.43% | (m) | Reported |
| 2024-09-30 | $5.89M | $57.35M | $3.49M | $-51.14M | (m) | 10.27% | 6.09% | (m) | (m) |
| 2024-06-30 | $6.34M | $77.77M | $3.37M | $-52.44M | (m) | 8.16% | 4.33% | (m) | (m) |
| 2024-03-31 | $6.68M | $98.69M | $5.04M | $-50.88M | (m) | 6.77% | 5.11% | (m) | (m) |
| 2023-12-31 | $7.17M | $127.00M | $8.29M | $-50.78M | (m) | 5.64% | 6.53% | (m) | (m) |
| 2023-09-30 | $8.13M | $130.02M | $18.20M | $-58.90M | (m) | 6.25% | 14.00% | (m) | (m) |
| 2023-06-30 | $8.33M | $116.05M | $22.55M | $-69.32M | (m) | 7.18% | 19.43% | (m) | (m) |
| 2023-03-31 | $9.17M | $114.41M | $20.58M | $-84.19M | (m) | 8.02% | 17.99% | (m) | (m) |
| 2022-12-31 | $9.95M | $123.07M | $20.30M | $-99.57M | (m) | 8.08% | 16.50% | (m) | (m) |
| 2022-09-30 | $9.43M | $198.57M | $14.38M | $-103.25M | (m) | 4.75% | 7.24% | (m) | (m) |
| 2022-06-30 | $9.41M | $234.98M | $14.22M | $-99.33M | (m) | 4.01% | 6.05% | (m) | (m) |
| 2022-03-31 | $12.29M | $254.37M | $65.93M | $-146.56M | (m) | 4.83% | 25.92% | (m) | (m) |
| 2021-12-31 | $11.54M | $270.52M | $61.77M | $-126.80M | (m) | 4.27% | 22.83% | (m) | (m) |
| 2021-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2021-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2021-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-12-31 | $5.22M | $187.35M | $1.82M | $-16.93M | (m) | 2.79% | 0.97% | (m) | (m) |
| 2020-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2020-03-31 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2019-12-31 | $3.96M | $53.12M | $906.00K | $-12.37M | (m) | 7.45% | 1.71% | (m) | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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