Globus Maritime GLBS
NASDAQ GLBS
$3.56 -0.13 (-3.52%)
At close: Sep 8, 2026 · 4:00 PM EDT

Globus Maritime (GLBS) Interest Expenses (2009 - 2026)

Globus Maritime's (GLBS) quarterly Interest Expenses came in at -$1.7 million in Q2 2026, up 16.87% on a YoY basis from -$1.5 million in Q2 2025, and down 197.95% quarter-over-quarter from $1.8 million in Q1 2026.

Analysis

Globus Maritime (GLBS) Interest Expenses (2009 - 2026) Analysis & Trends

Globus Maritime (GLBS) has reported Interest Expenses for 18 consecutive years, with -$1.7 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Interest Expenses rose 16.87% year-over-year to -$1.7 million; the trailing twelve-month figure through Jun 2026 stood at -$3.9 million (down 5.24% YoY), and the FY2025 full-year result was -$8.1 million, down 29.32% from the prior year.
  • Interest Expenses fell to -$1.7 million in Q2 2026 per GLBS's latest filing, from $1.8 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $2.2 million in Q1 2025 and bottomed at -$7.4 million in Q4 2023.
  • Historically, Interest Expenses has averaged -$1.1 million across 5 years, with a median of -$1.3 million in 2023.
  • The sharpest annual moves came in 2023 and 2025: Interest Expenses tumbled 220.3% in 2023, then surged 80.08% in 2025.
  • Over 5 years, Interest Expenses stood at -$2.3 million in 2022, then sank by 220.3% to -$7.4 million in 2023, then surged by 73.64% to -$2.0 million in 2024, then rose by 3.37% to -$1.9 million in 2025, then advanced by 9.14% to -$1.7 million in 2026.
  • According to Business Quant data, Interest Expenses over the past three periods registered -$1.7 million, $1.8 million, and -$1.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - -35.23 Mn
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn 10.98 Mn
3 Matson 6.76 Bn 6.64 Bn - 1.60 Mn
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn 10.56 Mn
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn -10.19 Mn
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn -157.87 Mn
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn -36.10 Mn
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn -107.70 Mn
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn -12.45 Mn
10 Globus Maritime 73.62 Mn 43.85 Mn 9.87 Mn -1.72 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.72 Mn
Mar 31, 2026 1.76 Mn
Dec 31, 2025 -1.89 Mn
Sep 30, 2025 -2.02 Mn
Jun 30, 2025 -2.07 Mn
Mar 31, 2025 2.15 Mn
Dec 31, 2024 -1.96 Mn
Sep 30, 2024 -1.81 Mn
Jun 30, 2024 -1.33 Mn
Mar 31, 2024 1.20 Mn
Dec 31, 2023 -7.43 Mn
Sep 30, 2023 -1.20 Mn
Jun 30, 2023 -960,000.00
Mar 31, 2023 920,000.00
Dec 31, 2022 -2.32 Mn
Sep 30, 2022 -613,000.00
Jun 30, 2022 -426,000.00
Mar 31, 2022 617,000.00
Dec 31, 2021 -3.26 Mn
Sep 30, 2021 -417,000.00