Norris Industries (NRIS) Interest Expenses (2015 - 2026)
Norris Industries' (NRIS) quarterly Interest Expenses came in at $33142.0 in Q2 2026, up 21.19% YoY from $27348.0 in Q2 2025, and down 98.77% on a QoQ basis from $2.7 million in Q1 2026.
Norris Industries (NRIS) Interest Expenses (2015 - 2026) Analysis & Trends
Norris Industries (NRIS) has 12 years of Interest Expenses data on file, last reported at $33142.0 in Q2 2026.
- Quarterly Interest Expenses rose 21.19% year-over-year to $33142.0 in Q2 2026, while the trailing twelve-month figure through May 2026 was $114330.0 (down 16.33% YoY) and the FY2026 annual result came in at $2.7 million, up 5.43% from the prior year.
- Interest Expenses declined to $33142.0 in Q2 2026, from $2.7 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $2.7 million in Q1 2026 to a low of $25150.0 in Q1 2025.
- A 5-year average of $188358.8 and a median of $30751.0 in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2025 — Interest Expenses slipped 22.9% — and 2026, when it surged 10632.49%.
- Tracing NRIS's Interest Expenses over 5 years: stood at $29208.0 in 2022, then grew by 9.26% to $31912.0 in 2023, then jumped by 55.64% to $49669.0 in 2024, then plunged by 42.24% to $28690.0 in 2025, then grew by 15.52% to $33142.0 in 2026.
- The last three Interest Expenses figures came in at $33142.0 (Q2 2026), $2.7 million (Q1 2026), and $28690.0 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 182.00 Mn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 172.06 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 67.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | - |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 144.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 108.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 75.45 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 973,000.00 |
| 10 | Norris Industries | 16.24 Mn | 16.20 Mn | - | 33,142.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 33,142.00 |
| May 31, 2026 | 33,142.00 |
| Feb 28, 2026 | 2.70 Mn |
| Feb 28, 2026 | 2.70 Mn |
| Aug 31, 2025 | 28,690.00 |
| Aug 31, 2025 | 28,690.00 |
| May 31, 2025 | 27,348.00 |
| May 31, 2025 | 27,348.00 |
| Feb 28, 2025 | 25,150.00 |
| Feb 28, 2025 | 25,150.00 |
| Nov 30, 2024 | 49,669.00 |
| Nov 30, 2024 | 49,669.00 |
| Aug 31, 2024 | 34,482.00 |
| Aug 31, 2024 | 34,482.00 |
| May 31, 2024 | 33,904.00 |
| May 31, 2024 | 33,904.00 |
| Feb 29, 2024 | 32,619.00 |
| Feb 29, 2024 | 32,619.00 |
| Nov 30, 2023 | 31,912.00 |
| Nov 30, 2023 | 31,912.00 |