Globus Maritime (GLBS) Interest Expenses (2009 - 2026)
Globus Maritime's (GLBS) quarterly Interest Expenses came in at -$1.6 million in Q1 2026, up 18.42% YoY from -$1.3 million in Q1 2025, and down 112.13% on a QoQ basis from $13.1 million in Q4 2025.
Globus Maritime (GLBS) Interest Expenses (2009 - 2026) Analysis & Trends
Globus Maritime (GLBS) has 18 years of Interest Expenses data on file, last reported at -$1.6 million in Q1 2026.
- Quarterly Interest Expenses rose 18.42% year-over-year to -$1.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $14.8 million (up 60.87% YoY) and the FY2025 annual result came in at $8.1 million, up 29.32% from the prior year.
- Interest Expenses declined to -$1.6 million in Q1 2026, from $13.1 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $13.1 million in Q4 2025 to a low of -$1.9 million in Q1 2025.
- A 5-year average of $1.9 million and a median of $960000.0 in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses sank 209.23% — and 2024, when it jumped 274.83%.
- Tracing GLBS's Interest Expenses over 5 years: stood at $3.0 million in 2022, then jumped by 99.23% to $5.9 million in 2023, then soared by 48.76% to $8.8 million in 2024, then soared by 48.67% to $13.1 million in 2025, then sank by 112.13% to -$1.6 million in 2026.
- The last three Interest Expenses figures came in at -$1.6 million (Q1 2026), $13.1 million (Q4 2025), and $1.3 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 232.45 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 439.00 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -49.77 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -112.20 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | 159.66 Mn |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | -30.60 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | -36.51 Mn |
| 10 | Globus Maritime | 79.64 Mn | 50.32 Mn | - | 1.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.72 Mn |
| Jun 30, 2026 | 1.72 Mn |
| Mar 31, 2026 | -1.59 Mn |
| Mar 31, 2026 | -1.59 Mn |
| Dec 31, 2025 | 13.11 Mn |
| Dec 31, 2025 | 13.11 Mn |
| Sep 30, 2025 | 1.26 Mn |
| Sep 30, 2025 | 1.26 Mn |
| Jun 30, 2025 | 2.07 Mn |
| Jun 30, 2025 | 2.07 Mn |
| Mar 31, 2025 | -1.95 Mn |
| Mar 31, 2025 | -1.95 Mn |
| Dec 31, 2024 | 8.82 Mn |
| Dec 31, 2024 | 8.82 Mn |
| Sep 30, 2024 | 1.04 Mn |
| Sep 30, 2024 | 1.04 Mn |
| Jun 30, 2024 | 1.33 Mn |
| Jun 30, 2024 | 1.33 Mn |
| Mar 31, 2024 | -728,000.00 |
| Mar 31, 2024 | -728,000.00 |