Latch (LTCH) Prepaid Assets (2020 - 2026)
Latch's Prepaid Assets was $7.1 million in Q2 2026, down 46.6% from $13.29 million a year earlier and down 32.6% from the prior quarter.
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Analysis
Latch (LTCH) Prepaid Assets (2020 - 2026) Analysis & Trends
From Q4 2020 onward, Latch has reported Prepaid Assets for 23 quarters.
- Prepaid Assets shows a five-year compound annual growth rate of 16.5% (FY2020 to FY2025).
- In earlier years, Prepaid Assets was $30.52 million in FY2024 (-12.2%), $34.76 million in FY2023 (+181.8%), $12.33 million in FY2022 (-2.9%) and $12.71 million in FY2021 (+284.0%).
- The Q2 2026 figure marks the lowest quarterly Prepaid Assets since Q2 2021.
- Compared with a year earlier, Prepaid Assets has declined for seven straight quarters, with an average decline of 43.9% over the last eight quarters.
- The best year-over-year quarter for Prepaid Assets over five years was Q2 2022 (growth of 355.9%); the worst was Q4 2025 (a decline of 76.7%).
- Per Business Quant data, LTCH's Prepaid Assets in the three quarters before Q2 2026 was $10.53 million (Q1 2026), $7.1 million (Q4 2025) and $12.26 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 52.40 Bn | 24.65 Bn | 695.95 Mn |
| 3 | Samsara | 26.20 Bn | 22.97 Bn | 392.58 Mn |
| 4 | Ptc | 22.24 Bn | 21.06 Bn | 490.47 Mn |
| 5 | Toast | 18.79 Bn | 11.46 Bn | 516.00 Mn |
| 6 | Trimble | 14.79 Bn | 13.85 Bn | 674.90 Mn |
| 7 | Manhattan Associates | 13.95 Bn | 12.94 Bn | 168.33 Mn |
| 8 | Costar | 13.71 Bn | 7.66 Bn | 728.00 Mn |
| 9 | Bentley Systems | 12.37 Bn | 11.82 Bn | 336.74 Mn |
| 10 | Latch | 25.47 Mn | -103.79 Mn | 7.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.10 Mn |
| Mar 31, 2026 | 10.53 Mn |
| Dec 31, 2025 | 7.10 Mn |
| Sep 30, 2025 | 12.26 Mn |
| Jun 30, 2025 | 13.29 Mn |
| Mar 31, 2025 | 15.00 Mn |
| Dec 31, 2024 | 30.52 Mn |
| Sep 30, 2024 | 34.44 Mn |
| Jun 30, 2024 | 36.51 Mn |
| Mar 31, 2024 | 37.27 Mn |
| Dec 31, 2023 | 34.76 Mn |
| Sep 30, 2023 | 33.91 Mn |
| Jun 30, 2023 | 28.83 Mn |
| Mar 31, 2023 | 13.10 Mn |
| Dec 31, 2022 | 12.33 Mn |
| Sep 30, 2022 | 12.95 Mn |
| Jun 30, 2022 | 14.65 Mn |
| Mar 31, 2022 | 13.21 Mn |
| Dec 31, 2021 | 12.71 Mn |
| Sep 30, 2021 | 11.09 Mn |
API Access
Latch Prepaid Assets 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=prepaid-assets&ticker=LTCH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=LTCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();