Galectin Therapeutics (GALT) Interest Expenses (2018 - 2026)
Galectin Therapeutics' Interest Expenses was $2 million in Q2 2026, up 9.7% from $1.83 million a year earlier and up 0.8% from the prior quarter.
Galectin Therapeutics (GALT) Interest Expenses (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Galectin Therapeutics' Interest Expenses was $7.75 million through Jun 30, 2026, up 14.2% year-over-year; for FY2025, it was $7.33 million, up 32.3% from FY2024.
- Interest Expenses has now increased for five consecutive years, with a five-year compound annual growth rate of 142.7% (FY2020 to FY2025).
- In earlier years, Interest Expenses was $5.54 million in FY2024 (+98.4%), $2.79 million in FY2023 (+170.3%), $1.03 million in FY2022 (+111.2%) and $489,000 in FY2021 (+462.1%).
- The Q2 2026 figure marks the highest quarterly Interest Expenses in data going back to Q1 2018.
- Compared with a year earlier, Interest Expenses has increased for 18 straight quarters, with growth averaging 43.8% over the last eight quarters.
- Across the past five years, year-over-year growth in Interest Expenses ran from 9.7% in Q2 2026 to 931.8% in Q1 2022.
- Per Business Quant data, GALT's Interest Expenses in the three quarters before Q2 2026 was $1.99 million (Q1 2026), $1.94 million (Q4 2025) and $1.82 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Johnson & Johnson | 638.12 Bn | 556.64 Bn | 17.26 Bn | 281.00 Mn |
| 2 | AbbVie | 462.60 Bn | 435.75 Bn | 12.70 Bn | - |
| 3 | Merck | 358.70 Bn | 313.13 Bn | 12.21 Bn | - |
| 4 | Novartis Ag | 272.16 Bn | 228.03 Bn | 11.24 Bn | -462.00 Mn |
| 5 | Astrazeneca | 250.36 Bn | 223.92 Bn | 12.86 Bn | -435.00 Mn |
| 6 | Amgen | 227.87 Bn | 183.27 Bn | 7.24 Bn | 673.00 Mn |
| 7 | Gilead Sciences | 184.97 Bn | 159.08 Bn | 6.22 Bn | 247.00 Mn |
| 8 | Pfizer | 162.61 Bn | 109.56 Bn | 10.94 Bn | - |
| 9 | Vertex Pharmaceuticals | 132.45 Bn | 104.46 Bn | 2.84 Bn | - |
| 10 | Galectin Therapeutics | 257.29 Mn | 257.29 Mn | - | 2.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.00 Mn |
| Mar 31, 2026 | 1.99 Mn |
| Dec 31, 2025 | 1.94 Mn |
| Sep 30, 2025 | 1.82 Mn |
| Jun 30, 2025 | 1.83 Mn |
| Mar 31, 2025 | 1.74 Mn |
| Dec 31, 2024 | 1.73 Mn |
| Sep 30, 2024 | 1.49 Mn |
| Jun 30, 2024 | 1.27 Mn |
| Mar 31, 2024 | 1.05 Mn |
| Dec 31, 2023 | 847,000.00 |
| Sep 30, 2023 | 835,000.00 |
| Jun 30, 2023 | 650,000.00 |
| Mar 31, 2023 | 460,000.00 |
| Dec 31, 2022 | 308,000.00 |
| Sep 30, 2022 | 269,000.00 |
| Jun 30, 2022 | 229,000.00 |
| Mar 31, 2022 | 227,000.00 |
| Dec 31, 2021 | 272,000.00 |
| Sep 30, 2021 | 111,000.00 |
Galectin Therapeutics Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=GALT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "GALT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=GALT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();