Tucows (TCX) Non-Current Debt (2015 - 2026)
Tucows' Non-Current Debt came in at $293.64 million for Q2 2026, up 1.4% from $289.64 million a year earlier and up 0.3% from the prior quarter.
Analysis
Tucows (TCX) Non-Current Debt (2015 - 2026) Analysis & Trends
At the end of FY2025, Tucows' Non-Current Debt was $291.65 million, up 1.4% from FY2024.
- Non-Current Debt carries a five-year compound annual growth rate of 19.1% (FY2020 to FY2025).
- Going back by year, Non-Current Debt was $287.65 million in FY2024 (+29.1%), $222.9 million in FY2023 (-6.7%), $238.93 million in FY2022 (+25.3%) and $190.75 million in FY2021 (+56.7%).
- The Q2 2026 figure represents the highest quarterly Non-Current Debt in data going back to Q4 2015.
- Year-over-year, Non-Current Debt has increased for eight consecutive quarters, with growth averaging 15.2% over the last eight quarters.
- The fastest year-over-year change in Non-Current Debt over five years came in Q1 2022 (growth of 70.1%), and the weakest in Q3 2023 (a decline of 7.0%).
- Business Quant data shows TCX's Non-Current Debt at $292.64 million (Q1 2026), $291.65 million (Q4 2025) and $290.64 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,781.98 Bn | 3,705.13 Bn | 60.48 Bn | 31.07 Bn |
| 2 | International Business Machines | 207.92 Bn | 158.82 Bn | 9.91 Bn | 56.21 Bn |
| 3 | Cloudflare | 114.07 Bn | 97.60 Bn | 499.52 Mn | - |
| 4 | Equinix | 99.76 Bn | 88.32 Bn | 1.40 Bn | 18.52 Bn |
| 5 | Nebius | 58.67 Bn | 32.10 Bn | 448.70 Mn | 8.50 Bn |
| 6 | CoreWeave | 46.87 Bn | 33.97 Bn | 1.70 Bn | 2.39 Bn |
| 7 | Verisign | 25.50 Bn | 22.71 Bn | 384.60 Mn | 1.79 Bn |
| 8 | Nutanix | 18.59 Bn | 10.27 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.65 Bn | 9.06 Bn | 613.75 Mn | - |
| 10 | Tucows | 107.03 Mn | -82.27 Mn | 25.78 Mn | 293.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 293.64 Mn |
| Mar 31, 2026 | 292.64 Mn |
| Dec 31, 2025 | 291.65 Mn |
| Sep 30, 2025 | 290.64 Mn |
| Jun 30, 2025 | 289.64 Mn |
| Mar 31, 2025 | 288.64 Mn |
| Dec 31, 2024 | 287.65 Mn |
| Sep 30, 2024 | 286.64 Mn |
| Jun 30, 2024 | 224.69 Mn |
| Mar 31, 2024 | 223.79 Mn |
| Dec 31, 2023 | 222.90 Mn |
| Sep 30, 2023 | 222.06 Mn |
| Jun 30, 2023 | 229.30 Mn |
| Mar 31, 2023 | 236.03 Mn |
| Dec 31, 2022 | 238.93 Mn |
| Sep 30, 2022 | 238.84 Mn |
| Jun 30, 2022 | 226.45 Mn |
| Mar 31, 2022 | 207.18 Mn |
| Dec 31, 2021 | 190.75 Mn |
| Sep 30, 2021 | 149.94 Mn |
API Access
Tucows Non-Current Debt 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=non-current-debt&ticker=TCX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "TCX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=TCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();