WhiteHorse Finance (WHF) Interest Expense (2013 - 2026)
WhiteHorse Finance (WHF) recorded Interest Expense of $4.85 million in Q3 2026, down 16.2% from $5.78 million a year earlier but up 0.8% from the prior quarter.
WhiteHorse Finance (WHF) Interest Expense (2013 - 2026) Analysis & Trends
On a TTM basis, WhiteHorse Finance's Interest Expense came in at $19.69 million as of Sep 30, 2026, down 20.0% year-over-year; for FY2025, it came in at $23.14 million, down 17.1% from FY2024.
- Annual Interest Expense has a five-year compound annual growth rate of 12.0% (FY2020 to FY2025).
- Across earlier years, Interest Expense came in at $27.9 million in FY2024 (-6.7%), $29.92 million in FY2023 (+36.3%), $21.94 million in FY2022 (+32.2%) and $16.59 million in FY2021 (+26.4%).
- Quarterly Interest Expense has ranged from $4.77 million in Q1 2022 to $7.56 million in Q3 2023 over the past five years.
- On a year-over-year basis, Interest Expense has declined for 11 consecutive quarters, with an average decline of 17.4% over the last eight quarters.
- Peak year-over-year performance for Interest Expense in the last five years was growth of 302.7% in Q2 2022, against a decline of 22.6% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.81 million (Q2 2026), $5 million (Q1 2026) and $5.03 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | - |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | - |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | - |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | WhiteHorse Finance | 177.40 Mn | 143.00 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.85 Mn |
| Jun 30, 2026 | 4.81 Mn |
| Mar 31, 2026 | 5.00 Mn |
| Dec 31, 2025 | 5.03 Mn |
| Sep 30, 2025 | 5.78 Mn |
| Jun 30, 2025 | 6.14 Mn |
| Mar 31, 2025 | 6.19 Mn |
| Dec 31, 2024 | 6.50 Mn |
| Sep 30, 2024 | 6.93 Mn |
| Jun 30, 2024 | 7.14 Mn |
| Mar 31, 2024 | 7.33 Mn |
| Dec 31, 2023 | 7.50 Mn |
| Sep 30, 2023 | 7.56 Mn |
| Jun 30, 2023 | 7.33 Mn |
| Mar 31, 2023 | 7.53 Mn |
| Dec 31, 2022 | 6.59 Mn |
| Sep 30, 2022 | 5.63 Mn |
| Jun 30, 2022 | 4.95 Mn |
| Mar 31, 2022 | 4.77 Mn |
| Dec 31, 2021 | 5.14 Mn |
WhiteHorse Finance Interest Expense 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-expense&ticker=WHF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense", "ticker": "WHF", "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-expense&ticker=WHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();