NetClass Technology (NTCL) Interest Expenses (2023 - 2026)
NetClass Technology's (NTCL) quarterly Interest Expenses came in at $783796.0 in Q1 2026, up 203.01% YoY from $258673.0 in Q1 2025, and up 70.39% on a QoQ basis from $460000.0 in Q3 2025.
NetClass Technology (NTCL) Interest Expenses (2023 - 2026) Analysis & Trends
NetClass Technology (NTCL) has 4 years of Interest Expenses data on file, last reported at $783796.0 in Q1 2026.
- Quarterly Interest Expenses rose 203.01% year-over-year to $783796.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $783796.0 (up 203.01% YoY) and the FY2025 annual result came in at $1.3 million, up 501.21% from the prior year.
- Interest Expenses climbed to $783796.0 in Q1 2026, from $460000.0 in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $783796.0 in Q1 2026 to a low of $21910.0 in Q3 2023.
- A 4-year average of $347981.0 and a median of $258673.0 in 2025 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2024 — Interest Expenses soared 883.69% — and 2025, when it jumped 113.43%.
- Tracing NTCL's Interest Expenses over 4 years: stood at $21910.0 in 2023, then soared by 883.69% to $215526.0 in 2024, then jumped by 113.43% to $460000.0 in 2025, then surged by 70.39% to $783796.0 in 2026.
- The last three Interest Expenses figures came in at $783796.0 (Q1 2026), $460000.0 (Q3 2025), and $258673.0 (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -714.85 Mn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 369.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 2.95 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 127.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.09 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 53.08 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 130.80 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 143.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 878.00 Mn |
| 10 | NetClass Technology | 3.14 Mn | 1.56 Mn | - | 783,796.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 783,796.00 |
| Mar 31, 2026 | 783,796.00 |
| Sep 30, 2025 | 460,000.00 |
| Sep 30, 2025 | 460,000.00 |
| Mar 31, 2025 | 258,673.00 |
| Mar 31, 2025 | 258,673.00 |
| Sep 30, 2024 | 215,526.00 |
| Sep 30, 2024 | 215,526.00 |
| Sep 30, 2023 | 21,910.00 |
| Sep 30, 2023 | 21,910.00 |