Global Crossing Airlines (JETMF) Interest Expenses (2021 - 2026)
Global Crossing Airlines' Interest Expenses was $3.79 million in Q2 2026, up 42.5% from $2.66 million a year earlier and up 15.5% from the prior quarter.
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Analysis
Global Crossing Airlines (JETMF) Interest Expenses (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Global Crossing Airlines' Interest Expenses was $13.34 million through Jun 30, 2026, up 31.0% year-over-year; for FY2025, it was $11.51 million, up 28.5% from FY2024.
- Interest Expenses has now increased for three consecutive years, with a four-year compound annual growth rate of 338.8% (FY2021 to FY2025).
- In earlier years, Interest Expenses was $8.96 million in FY2024 (+82.2%), $4.92 million in FY2023 (+203.1%), $1.62 million in FY2022 and $31,043 in FY2021.
- The Q2 2026 figure marks the highest quarterly Interest Expenses in data going back to Q1 2021.
- Compared with a year earlier, Interest Expenses has increased for seven straight quarters, with growth averaging 38.7% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was Q2 2024 (growth of 224.9%); the worst was Q3 2024 (a decline of 7.0%).
- Per Business Quant data, JETMF's Interest Expenses in the three quarters before Q2 2026 was $3.28 million (Q1 2026), $3.27 million (Q4 2025) and $2.99 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 313.00 Mn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 211.00 Mn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | - |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 272.00 Mn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 197.00 Mn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | - |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 76,000.00 |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | -17.32 Mn |
| 10 | Global Crossing Airlines | 40.30 Mn | -10.20 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 |
API Access
Global Crossing Airlines Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=JETMF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "JETMF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=JETMF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();