GlobalTech (GLTK) Interest Expenses (2021 - 2026)
GlobalTech (GLTK) posted Interest Expenses of $10.7 million for Q1 2026, up 698.18% sequentially from $1.3 million in Q4 2025, and up 47.6% YoY from $7.3 million in Q1 2025.
GlobalTech (GLTK) Interest Expenses (2021 - 2026) Analysis & Trends
GlobalTech has reported Interest Expenses for 6 years, with the latest figure at $10.7 million in Q1 2026.
- Quarterly Interest Expenses rose 47.6% year-over-year to $10.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $10.7 million (up 47.6% YoY) and the FY2025 annual result came in at $3.1 million, down 22.02% from the prior year.
- Interest Expenses climbed to $10.7 million in Q1 2026 per GLTK's latest filing, from $1.3 million in the prior quarter.
- Over five years, Interest Expenses peaked at $10.7 million in Q1 2026 and troughed at $119649.0 in Q3 2022.
- A 5-year average of $4.5 million and a median of $4.0 million in 2025 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses slumped 97.8% in 2022, then surged 6967.82% in 2023.
- Over 5 years, Interest Expenses stood at $427348.0 in 2022, then soared by 1243.02% to $5.7 million in 2023, then sank by 69.13% to $1.8 million in 2024, then declined by 24.06% to $1.3 million in 2025, then surged by 698.18% to $10.7 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $10.7 million, $1.3 million, and $4.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | 1.99 Bn |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | - |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | -111.57 Mn |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | 1.88 Bn |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | -3.33 Mn |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | - |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | 339.05 Mn |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | 408.45 Mn |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | 221.80 Mn |
| 10 | GlobalTech | 206.87 Mn | 259.66 Mn | 3.88 Mn | 714,880.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.93 Mn |
| Jun 30, 2026 | 7.93 Mn |
| 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 |