Global Crossing Airlines (JETMF) Interest Expenses (2021 - 2026)
Global Crossing Airlines' (JETMF) quarterly Interest Expenses came in at $3.8 million in Q2 2026, up 42.47% year-over-year from $2.7 million in Q2 2025, and up 15.51% quarter-over-quarter from $3.3 million in Q1 2026.
Analysis
Global Crossing Airlines (JETMF) Interest Expenses (2021 - 2026) Analysis & Trends
Global Crossing Airlines (JETMF) has reported Interest Expenses for 6 consecutive years, with $3.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Expenses rose 42.47% year-over-year to $3.8 million in Q2 2026; TTM through Jun 2026 was $13.3 million, a 30.98% increase from a year earlier, with the FY2025 full-year figure at $11.5 million, up 28.48% from the prior year.
- Interest Expenses was $3.8 million for Q2 2026 at Global Crossing Airlines, up from $3.3 million in the prior quarter.
- Over five years, Interest Expenses peaked at $3.8 million in Q2 2026 and troughed at $16214.0 in Q1 2022.
- A 5-year average of $2.0 million and a median of $2.5 million in 2024 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses soared 3242.79% in 2023 and decreased 7.02% in 2024, its largest moves.
- Over 5 years, Interest Expenses stood at $234432.0 in 2022, then surged by 375.62% to $1.1 million in 2023, then surged by 128.88% to $2.6 million in 2024, then climbed by 28.21% to $3.3 million in 2025, then climbed by 15.86% to $3.8 million in 2026.
- The last three Interest Expenses figures came in at $3.8 million (Q2 2026), $3.3 million (Q1 2026), and $3.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.79 Bn | 47.12 Bn | 19.07 Bn | - |
| 2 | Ryanair Holdings | 28.72 Bn | 24.79 Bn | - | - |
| 3 | Southwest Airlines | 19.00 Bn | 15.21 Bn | 7.33 Bn | 64.00 Mn |
| 4 | Copa Holdings | 5.37 Bn | 4.11 Bn | 1.03 Bn | -28.18 Mn |
| 5 | Alaska Air | 4.55 Bn | 1.88 Bn | 3.76 Bn | 86.00 Mn |
| 6 | Skywest | 3.76 Bn | 3.16 Bn | 1.01 Bn | 24.93 Mn |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.27 Bn | 1.24 Bn | - | -136.00 Mn |
| 8 | Allegiant Travel | 1.74 Bn | 689.68 Mn | 902.77 Mn | 40.07 Mn |
| 9 | Jetblue Airways | 1.70 Bn | -322.81 Mn | 2.32 Bn | 147.00 Mn |
| 10 | Global Crossing Airlines | 40.13 Mn | 28.25 Mn | - | 3.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.79 Mn |
| Mar 31, 2026 | 3.28 Mn |
| Dec 31, 2025 | 3.27 Mn |
| Sep 30, 2025 | 2.99 Mn |
| Jun 30, 2025 | 2.66 Mn |
| Mar 31, 2025 | 2.58 Mn |
| Dec 31, 2024 | 2.55 Mn |
| Sep 30, 2024 | 2.39 Mn |
| Jun 30, 2024 | 2.26 Mn |
| Mar 31, 2024 | 1.76 Mn |
| Dec 31, 2023 | 1.12 Mn |
| Sep 30, 2023 | 2.57 Mn |
| Jun 30, 2023 | 695,000.00 |
| Mar 31, 2023 | 542,000.00 |
| Jun 30, 2022 | 234,432.00 |
| Mar 31, 2022 | 16,214.00 |
| Mar 31, 2021 | 11,286.00 |