Artificial Intelligence Technology Solutions (AITX) Interest Expenses (2011 - 2026)
Artificial Intelligence Technology Solutions (AITX) posted quarterly Interest Expenses of $2.3 million for Q2 2026, up 62.42% year-over-year from $1.4 million in Q2 2025, and down 61.24% quarter-over-quarter from $5.9 million in Q1 2026.
Artificial Intelligence Technology Solutions (AITX) Interest Expenses (2011 - 2026) Analysis & Trends
Artificial Intelligence Technology Solutions' Interest Expenses history runs 13 years deep, the most recent figure standing at $2.3 million for Q2 2026.
- In Q2 2026, Interest Expenses rose 62.42% year-over-year to $2.3 million; the TTM figure through May 2026 stood at $11.0 million (up 99.54% YoY), while the FY2026 annual figure was $22.7 million, up 13.63% from the prior year.
- Interest Expenses for Q2 2026 stood at $2.3 million, down from $5.9 million in the prior quarter.
- The five-year high for Interest Expenses was $5.9 million in Q1 2026, with the low at $784837.0 in Q1 2022.
- The 5-year median for Interest Expenses is $1.4 million (2025), against an average of $1.7 million.
- The sharpest annual moves came in 2022 and 2026: Interest Expenses slumped 44.75% in 2022, then surged 328.26% in 2026.
- Artificial Intelligence Technology Solutions' Interest Expenses stood at $1.3 million in 2022, then gained by 24.42% to $1.6 million in 2023, then fell by 11.41% to $1.4 million in 2024, then gained by 4.87% to $1.5 million in 2025, then soared by 56.46% to $2.3 million in 2026.
- Business Quant data shows AITX's Interest Expenses at $2.3 million in Q2 2026, $5.9 million in Q1 2026, and $1.5 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.71 Bn | 33.68 Bn | 978.00 Mn | 116.00 Mn |
| 2 | AerCap Holdings | 23.43 Bn | 23.43 Bn | 2.02 Bn | 468.47 Mn |
| 3 | U-Haul Holding | 14.44 Bn | 14.44 Bn | - | - |
| 4 | Ryder System | 10.05 Bn | 10.05 Bn | 1.45 Bn | 97.00 Mn |
| 5 | Gatx | 6.35 Bn | 6.35 Bn | 555.30 Mn | 900,000.00 |
| 6 | Herc Holdings | 5.77 Bn | 5.72 Bn | 713.00 Mn | 51.00 Mn |
| 7 | Avis Budget | 5.02 Bn | 4.46 Bn | - | 108.00 Mn |
| 8 | WillScot Holdings | 4.22 Bn | 4.21 Bn | 306.26 Mn | 53.48 Mn |
| 9 | Mcgrath Rentcorp | 2.95 Bn | 2.95 Bn | 107.91 Mn | 7.11 Mn |
| 10 | Artificial Intelligence Technology Solutions | 2.28 Mn | 2.19 Mn | 1.18 Mn | 2.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 2.30 Mn |
| May 31, 2026 | 2.30 Mn |
| Feb 28, 2026 | 5.93 Mn |
| Feb 28, 2026 | 5.93 Mn |
| Nov 30, 2025 | 1.47 Mn |
| Nov 30, 2025 | 1.47 Mn |
| Aug 31, 2025 | 1.30 Mn |
| Aug 31, 2025 | 1.30 Mn |
| May 31, 2025 | 1.42 Mn |
| May 31, 2025 | 1.42 Mn |
| Feb 28, 2025 | 1.38 Mn |
| Feb 28, 2025 | 1.38 Mn |
| Nov 30, 2024 | 1.40 Mn |
| Nov 30, 2024 | 1.40 Mn |
| Aug 31, 2024 | 1.31 Mn |
| Aug 31, 2024 | 1.31 Mn |
| May 31, 2024 | 1.49 Mn |
| May 31, 2024 | 1.49 Mn |
| Nov 30, 2023 | 1.58 Mn |
| Nov 30, 2023 | 1.58 Mn |