Latch (LTCH) Payables (2020 - 2026)
Latch's Payables was $5.66 million in Q2 2026, down 31.8% from $8.3 million a year earlier but up 15.5% from the prior quarter.
Analysis
Latch (LTCH) Payables (2020 - 2026) Analysis & Trends
At the end of FY2025, Payables at Latch came in at $4.45 million, down 43.1% from FY2024.
- Payables shows a five-year compound annual growth rate of 3.6% (FY2020 to FY2025).
- In earlier years, Payables was $7.82 million in FY2024 (-69.5%), $25.64 million in FY2023 (+327.0%), $6.01 million in FY2022 (-7.9%) and $6.52 million in FY2021 (+74.6%).
- Quarterly Payables has moved between $1.73 million (Q1 2023) and $25.64 million (Q4 2023) over five years.
- Compared with a year earlier, Payables has declined for three straight quarters, with growth averaging 22.2% over the last eight quarters.
- The best year-over-year quarter for Payables over five years was Q4 2023 (growth of 327.0%); the worst was Q3 2024 (a decline of 87.3%).
- Per Business Quant data, LTCH's Payables in the three quarters before Q2 2026 was $4.9 million (Q1 2026), $4.45 million (Q4 2025) and $6.99 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | 206,170.00 |
| 2 | Veeva Systems | 52.40 Bn | 24.65 Bn | 695.95 Mn | 35.98 Mn |
| 3 | Samsara | 26.20 Bn | 22.97 Bn | 392.58 Mn | 41.24 Mn |
| 4 | Ptc | 22.24 Bn | 21.06 Bn | 490.47 Mn | 34.91 Mn |
| 5 | Toast | 18.79 Bn | 11.46 Bn | 516.00 Mn | 40.00 Mn |
| 6 | Trimble | 14.79 Bn | 13.85 Bn | 674.90 Mn | 211.70 Mn |
| 7 | Manhattan Associates | 13.95 Bn | 12.94 Bn | 168.33 Mn | 30.73 Mn |
| 8 | Costar | 13.71 Bn | 7.66 Bn | 728.00 Mn | 44.00 Mn |
| 9 | Bentley Systems | 12.37 Bn | 11.82 Bn | 336.74 Mn | 22.79 Mn |
| 10 | Latch | 25.47 Mn | -103.79 Mn | 7.66 Mn | 5.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.66 Mn |
| Mar 31, 2026 | 4.90 Mn |
| Dec 31, 2025 | 4.45 Mn |
| Sep 30, 2025 | 6.99 Mn |
| Jun 30, 2025 | 8.30 Mn |
| Mar 31, 2025 | 6.05 Mn |
| Dec 31, 2024 | 7.82 Mn |
| Sep 30, 2024 | 3.09 Mn |
| Jun 30, 2024 | 3.30 Mn |
| Mar 31, 2024 | 2.42 Mn |
| Dec 31, 2023 | 25.64 Mn |
| Sep 30, 2023 | 24.24 Mn |
| Jun 30, 2023 | 2.81 Mn |
| Mar 31, 2023 | 1.73 Mn |
| Dec 31, 2022 | 6.01 Mn |
| Sep 30, 2022 | 6.25 Mn |
| Jun 30, 2022 | 8.10 Mn |
| Mar 31, 2022 | 5.89 Mn |
| Dec 31, 2021 | 6.52 Mn |
| Sep 30, 2021 | 6.00 Mn |
API Access
Latch Payables 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=payables&ticker=LTCH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "LTCH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=LTCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();