Argo Blockchain (ARBK) Interest Expenses (2021 - 2024)
Argo Blockchain recorded quarterly Interest Expenses of $12.6 million in Q4 2024, up 969.18% quarter-over-quarter from -$1.4 million in Q3 2024, and up 8.7% year-over-year from $11.5 million in Q1 2024.
Argo Blockchain's Interest Expenses history runs 4 years deep, the most recent figure standing at $12.6 million for Q4 2024.
- In Q4 2024, Interest Expenses rose 8.7% year-over-year to $12.6 million; the TTM figure through Dec 2025 stood at $11.1 million (up 63.07% YoY), while the FY2025 annual figure was $4.2 million, down 38.3% from the prior year.
- Interest Expenses came in at $12.6 million for Q4 2024 at Argo Blockchain, up from -$1.4 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $12.6 million in Q4 2024 to a low of -$6.3 million in Q2 2023.
- A 4-year average of -$273837.5 and a median of -$2.0 million in 2024 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses slumped 937828.94% in 2022 and surged 472746.03% in 2023, its largest moves.
- Argo Blockchain's Interest Expenses stood at $289.0 in 2021, then soared by 744.98% to $2442.0 in 2022, then soared by 472746.03% to $11.5 million in 2023, then grew by 8.7% to $12.6 million in 2024.
- According to Business Quant data, Interest Expenses over the past three periods registered $12.6 million, -$1.4 million, and -$2.0 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | 12.57 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | 17.08 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 818.00 Mn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | - |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 1.04 Bn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | - |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 100.29 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | 14.84 Mn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 624,000.00 |
| 10 | Argo Blockchain | 146.40 Mn | 144.20 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 12.55 Mn |
| Dec 31, 2024 | 12.55 Mn |
| Sep 30, 2024 | -1.44 Mn |
| Sep 30, 2024 | -1.44 Mn |
| Jun 30, 2024 | -1.98 Mn |
| Jun 30, 2024 | -1.98 Mn |
| Mar 31, 2024 | -2.32 Mn |
| Mar 31, 2024 | -2.32 Mn |
| Dec 31, 2023 | 11.55 Mn |
| Dec 31, 2023 | 11.55 Mn |
| Sep 30, 2023 | -2.76 Mn |
| Sep 30, 2023 | -2.76 Mn |
| Jun 30, 2023 | -6.34 Mn |
| Jun 30, 2023 | -6.34 Mn |
| Mar 31, 2023 | -3.28 Mn |
| Mar 31, 2023 | -3.28 Mn |
| Dec 31, 2022 | 2,442.00 |
| Dec 31, 2022 | 2,442.00 |
| Sep 30, 2022 | -2.56 Mn |
| Sep 30, 2022 | -2.56 Mn |
| Jun 30, 2022 | -4.51 Mn |
| Jun 30, 2022 | -4.51 Mn |
| Mar 31, 2022 | -2.44 Mn |
| Mar 31, 2022 | -2.44 Mn |
| Dec 31, 2021 | 289.00 |
| Dec 31, 2021 | 289.00 |
| Sep 30, 2021 | 273.00 |
| Sep 30, 2021 | 273.00 |
| Jun 30, 2021 | -574,466.31 |
| Jun 30, 2021 | -574,466.31 |