NetClass Technology (NTCL) Interest Expenses (2023 - 2026)
NetClass Technology (NTCL) posted quarterly Interest Expenses of $783796.0 for Q1 2026, up 203.01% year-on-year 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 reported Interest Expenses for 4 consecutive years, with $783796.0 the latest figure, recorded 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 grew to $783796.0 in Q1 2026 per NTCL's latest filing, from $460000.0 in the prior quarter.
- Over the last five years, Interest Expenses for NTCL reached as high as $783796.0 in Q1 2026 and fell as low as $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 jumped 883.69% — and 2025, when it surged 113.43%.
- Year by year, Interest Expenses 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.
- According to Business Quant data, Interest Expenses over the past three periods registered $783796.0, $460000.0, and $258673.0 for Q1 2026, Q3 2025, and Q1 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -341.86 Mn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 382.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 180.00 Mn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 2.95 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.09 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 537.20 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 53.08 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 57.23 Mn |
| 10 | NetClass Technology | 1.26 Mn | -310,869.93 | - | 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 |