AvidXchange Holdings, Inc. Quarterly Interest Expense in USD from Q3 2020 to Q2 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
AvidXchange Holdings, Inc. quarterly/annual Interest Expense history and growth rate from Q3 2020 to Q2 2024.
  • AvidXchange Holdings, Inc. Interest Expense for the quarter ending June 30, 2024 was $3.32M, a 1.19% decline year-over-year.
  • AvidXchange Holdings, Inc. Interest Expense for the twelve months ending June 30, 2024 was $13.5M, a 22.3% decline year-over-year.
  • AvidXchange Holdings, Inc. annual Interest Expense for 2023 was $13.5M, a 34.8% decline from 2022.
  • AvidXchange Holdings, Inc. annual Interest Expense for 2022 was $20.7M, a 3.19% increase from 2021.
  • AvidXchange Holdings, Inc. annual Interest Expense for 2021 was $20.1M, a 0.14% increase from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 $13.5M $3.32M -$40K -1.19% Apr 1, 2024 Jun 30, 2024 10-Q 2024-08-02
Q1 2024 $13.5M $3.34M +$22K +0.66% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-09
Q4 2023 $13.5M $3.41M -$2.08M -37.8% Oct 1, 2023 Dec 31, 2023 10-K 2024-02-29
Q3 2023 $15.6M $3.43M -$1.78M -34.2% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-09
Q2 2023 $17.4M $3.36M -$1.71M -33.7% Apr 1, 2023 Jun 30, 2023 10-Q 2024-08-02
Q1 2023 $19.1M $3.32M -$1.66M -33.4% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-09
Q4 2022 $20.7M $5.49M +$365K +7.13% Oct 1, 2022 Dec 31, 2022 10-K 2024-02-29
Q3 2022 $20.4M $5.21M +$335K +6.87% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-09
Q2 2022 $20M $5.08M -$11K -0.22% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-07
Q1 2022 $20.1M $4.98M -$48K -0.96% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-10
Q4 2021 $20.1M $5.12M Oct 1, 2021 Dec 31, 2021 10-K 2024-02-29
Q3 2021 $4.87M -$165K -3.27% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-04
Q2 2021 $5.09M Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-05
Q1 2021 $5.03M Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-06
Q3 2020 $5.04M Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-18
* An asterisk sign (*) next to the value indicates that the value is likely invalid.