Tucows (TCX) Operating Leases (2019 - 2026)
Tucows' (TCX) quarterly Operating Leases came in at $64.8 million in Q1 2026, up 118.53% year-on-year from $29.7 million in Q1 2025, and up 12.15% quarter-over-quarter from $57.8 million in Q4 2025.
Tucows (TCX) Operating Leases (2019 - 2026) Analysis & Trends
Tucows' Operating Leases history runs 8 years deep, the most recent figure standing at $64.8 million for Q1 2026.
- On a quarterly basis, Operating Leases rose 118.53% year-over-year to $64.8 million in Q1 2026; TTM through Mar 2026 was $64.8 million, a 118.53% increase from a year earlier, with the FY2025 full-year figure at $57.8 million, up 123.26% from the prior year.
- Operating Leases climbed to $64.8 million in Q1 2026 per TCX's latest filing, from $57.8 million in the prior quarter.
- Across five years, Operating Leases topped out at $64.8 million in Q1 2026 and bottomed at $12.4 million in Q4 2022.
- The 5-year median for Operating Leases is $19.2 million (2024), against an average of $26.8 million.
- Across the five-year window, Operating Leases dropped 12.9% in 2023 and surged 123.26% in 2025, its largest moves.
- Year by year, Operating Leases stood at $12.4 million in 2022, then soared by 46.77% to $18.3 million in 2023, then soared by 41.87% to $25.9 million in 2024, then soared by 123.26% to $57.8 million in 2025, then grew by 12.15% to $64.8 million in 2026.
- Per Business Quant, the three latest TCX Operating Leases figures stand at $64.8 million (Q1 2026), $57.8 million (Q4 2025), and $48.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn |
| 10 | Tucows | 101.23 Mn | 56.93 Mn | 24.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 64.85 Mn |
| Dec 31, 2025 | 57.82 Mn |
| Sep 30, 2025 | 48.70 Mn |
| Jun 30, 2025 | 34.76 Mn |
| Mar 31, 2025 | 29.68 Mn |
| Dec 31, 2024 | 25.90 Mn |
| Sep 30, 2024 | 29.50 Mn |
| Jun 30, 2024 | 19.22 Mn |
| Mar 31, 2024 | 24.43 Mn |
| Dec 31, 2023 | 18.26 Mn |
| Sep 30, 2023 | 16.66 Mn |
| Jun 30, 2023 | 13.02 Mn |
| Mar 31, 2023 | 13.66 Mn |
| Dec 31, 2022 | 12.44 Mn |
| Sep 30, 2022 | 17.42 Mn |
| Jun 30, 2022 | 12.88 Mn |
| Mar 31, 2022 | 15.68 Mn |
| Dec 31, 2021 | 11.85 Mn |
| Sep 30, 2021 | 13.69 Mn |
| Jun 30, 2021 | 10.20 Mn |