Tucows (TCX) Operating Leases (2019 - 2026)

Tucows (TCX) posted Operating Leases of $64.8 million for Q1 2026, up 12.15% quarter-over-quarter from $57.8 million in Q4 2025, and up 118.53% year-on-year from $29.7 million in Q1 2025.

Tucows (TCX) Operating Leases (2019 - 2026) Analysis & Trends

Tucows (TCX) has reported Operating Leases for 8 consecutive years, with $64.8 million the latest figure, recorded in Q1 2026.

  • Operating Leases for Q1 2026 came in at $64.8 million, up 118.53% year-over-year; the trailing twelve-month figure through Mar 2026 was $64.8 million (up 118.53% YoY), and the FY2025 annual result was $57.8 million, up 123.26% from the prior year.
  • Operating Leases was $64.8 million for Q1 2026 at Tucows, up from $57.8 million in the prior quarter.
  • Over five years, Operating Leases peaked at $64.8 million in Q1 2026 and troughed at $12.4 million in Q4 2022.
  • Average Operating Leases over 5 years is $28.2 million, with a median of $23.9 million recorded in 2024.
  • Year-over-year, Operating Leases rose 4.94% in 2022 and surged 126.13% in 2025.
  • Over 5 years, Operating Leases stood at $12.4 million in 2022, then surged by 46.77% to $18.3 million in 2023, then surged by 41.87% to $25.9 million in 2024, then surged by 123.26% to $57.8 million in 2025, then rose by 12.15% to $64.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $64.8 million in Q1 2026, $57.8 million in Q4 2025, and $54.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn
10 Tucows 153.30 Mn 108.99 Mn 24.13 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 64.85 Mn
Dec 31, 2025 57.82 Mn
Sep 30, 2025 54.16 Mn
Jun 30, 2025 34.76 Mn
Mar 31, 2025 29.68 Mn
Dec 31, 2024 25.90 Mn
Sep 30, 2024 23.95 Mn
Jun 30, 2024 24.68 Mn
Mar 31, 2024 24.43 Mn
Dec 31, 2023 18.26 Mn
Sep 30, 2023 21.94 Mn
Jun 30, 2023 18.11 Mn
Mar 31, 2023 18.70 Mn
Dec 31, 2022 12.44 Mn
Sep 30, 2022 17.42 Mn
Jun 30, 2022 16.89 Mn
Mar 31, 2022 15.68 Mn
Dec 31, 2021 11.85 Mn
Sep 30, 2021 13.69 Mn
Jun 30, 2021 12.47 Mn