Global Interactive Technologies (GITS) Interest Expenses (2023 - 2026)
Global Interactive Technologies (GITS) posted quarterly Interest Expenses of -$1198.0 for Q1 2026, down 120.51% year-over-year from $5842.0 in Q1 2025, and up 81.44% quarter-over-quarter from -$6454.0 in Q4 2025.
Global Interactive Technologies (GITS) Interest Expenses (2023 - 2026) Analysis & Trends
Global Interactive Technologies (GITS) has reported Interest Expenses for 4 consecutive years, with -$1198.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses fell 120.51% year-over-year to -$1198.0; the TTM figure through Mar 2026 stood at -$1198.0 (down 100.01% YoY), while the FY2025 annual figure was $7.6 million, down 52.84% from the prior year.
- Interest Expenses rose to -$1198.0 in Q1 2026 per GITS's latest filing, from -$6454.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $16.2 million in Q4 2024 and bottomed at -$6454.0 in Q4 2025.
- Historically, Interest Expenses has averaged $1.4 million across 4 years, with a median of $1094.5 in 2024.
- Annual changes were most pronounced in 2024 — Interest Expenses soared 618592.43% — and 2026, when it plunged 120.51%.
- Global Interactive Technologies' Interest Expenses stood at -$2616.0 in 2023, then jumped by 618592.43% to $16.2 million in 2024, then sank by 100.04% to -$6454.0 in 2025, then surged by 81.44% to -$1198.0 in 2026.
- Business Quant data shows GITS's Interest Expenses at -$1198.0 in Q1 2026, -$6454.0 in Q4 2025, and $306.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,206.86 Bn | 3,777.82 Bn | 73.85 Bn | 21.33 Bn |
| 2 | Meta Platforms | 1,538.10 Bn | 1,447.84 Bn | 49.47 Bn | 12.73 Bn |
| 3 | Taboola.com | 1,136.28 Bn | 1,136.15 Bn | 139.48 Mn | 42.74 Mn |
| 4 | Baidu | 289.19 Bn | 284.70 Bn | 1.88 Mn | -92.00 Mn |
| 5 | Spotify Technology | 102.90 Bn | 92.66 Bn | 1.75 Bn | 256.39 Mn |
| 6 | Joyy | 77.62 Bn | 76.74 Bn | 205.64 Mn | 21.15 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 40,097.00 |
| 8 | Nebius | 49.31 Bn | 39.68 Bn | 295.20 Mn | -63.70 Mn |
| 9 | 30.48 Bn | 27.70 Bn | 734.60 Mn | 1.33 Bn | |
| 10 | Global Interactive Technologies | 10.27 Mn | 10.27 Mn | 96.00 | -1,198.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1,198.00 |
| Mar 31, 2026 | -1,198.00 |
| Dec 31, 2025 | -6,454.00 |
| Dec 31, 2025 | -6,454.00 |
| Sep 30, 2025 | 306.00 |
| Sep 30, 2025 | 306.00 |
| Jun 30, 2025 | 392.00 |
| Jun 30, 2025 | 392.00 |
| Mar 31, 2025 | 5,842.00 |
| Mar 31, 2025 | 5,842.00 |
| Dec 31, 2024 | 16.18 Mn |
| Dec 31, 2024 | 16.18 Mn |
| Sep 30, 2024 | 61.00 |
| Sep 30, 2024 | 61.00 |
| Mar 31, 2024 | 1,797.00 |
| Mar 31, 2024 | 1,797.00 |
| Dec 31, 2023 | -2,616.00 |
| Dec 31, 2023 | -2,616.00 |
| Sep 30, 2023 | 165,345.00 |
| Sep 30, 2023 | 165,345.00 |