GlobalTech (GLTK) Interest Expenses (2021 - 2026)

GlobalTech (GLTK) reported Interest Expenses of $10.7 million for Q1 2026, up 47.6% on a YoY basis from $7.3 million in Q1 2025, and up 698.18% sequentially from $1.3 million in Q4 2025.

GlobalTech (GLTK) Interest Expenses (2021 - 2026) Analysis & Trends

GlobalTech (GLTK) has 6 years of Interest Expenses data on file, last reported at $10.7 million in Q1 2026.

  • For the quarter ending Q1 2026, Interest Expenses rose 47.6% year-over-year to $10.7 million; the trailing twelve-month figure through Mar 2026 stood at $10.7 million (up 47.6% YoY), and the FY2025 full-year result was $3.1 million, down 22.02% from the prior year.
  • Interest Expenses climbed to $10.7 million in Q1 2026, from $1.3 million in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $10.7 million in Q1 2026 to a low of -$1.6 million in Q4 2022.
  • A 5-year average of $4.3 million and a median of $4.0 million in 2025 frame the typical range for Interest Expenses.
  • Across the five-year window, Interest Expenses tumbled 108.41% in 2022 and soared 6967.82% in 2023, its largest moves.
  • Tracing GLTK's Interest Expenses over 5 years: stood at -$1.6 million in 2022, then surged by 451.68% to $5.7 million in 2023, then slumped by 69.13% to $1.8 million in 2024, then decreased by 24.06% to $1.3 million in 2025, then surged by 698.18% to $10.7 million in 2026.
  • Business Quant data shows GLTK's Interest Expenses at $10.7 million in Q1 2026, $1.3 million in Q4 2025, and $4.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 America Movil Sab De Cv 1,543.97 Bn 1,543.97 Bn 7.08 Bn 766.08 Mn
2 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,427.96 Bn -8,564.04 Bn - -
3 Grupo Televisa, S.A.B 958.85 Bn 957.15 Bn 317.18 Mn -111.24 Mn
4 Chunghwa Telecom 334.17 Bn 331.99 Bn 719.92 Mn 3.26 Mn
5 Verizon Communications 198.41 Bn 190.05 Bn 29.14 Bn 1.94 Bn
6 T-Mobile US 192.12 Bn 189.29 Bn 17.74 Bn 4.16 Bn
7 At&T 169.04 Bn 151.47 Bn 25.25 Bn 1.88 Bn
8 Veon 90.84 Bn 90.84 Bn - -150.00 Mn
9 Tim 50.18 Bn 50.03 Bn 677.20 Mn -100.68 Mn
10 GlobalTech 668,799.99 -2.87 Mn 6.19 Mn 10.74 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 10.74 Mn
Mar 31, 2026 10.74 Mn
Dec 31, 2025 1.35 Mn
Dec 31, 2025 1.35 Mn
Sep 30, 2025 3.97 Mn
Sep 30, 2025 3.97 Mn
Jun 30, 2025 7.13 Mn
Jun 30, 2025 7.13 Mn
Mar 31, 2025 7.28 Mn
Mar 31, 2025 7.28 Mn
Dec 31, 2024 1.77 Mn
Dec 31, 2024 1.77 Mn
Sep 30, 2024 1.20 Mn
Sep 30, 2024 1.20 Mn
Jun 30, 2024 6.74 Mn
Jun 30, 2024 6.74 Mn
Mar 31, 2024 942,842.00
Mar 31, 2024 942,842.00
Dec 31, 2023 5.74 Mn
Dec 31, 2023 5.74 Mn