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
DateValue
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