Tucows (TCX) Payables (2010 - 2026)
Tucows (TCX) posted Payables of $36.13 million for Q2 2026, up 1.0% from $35.77 million a year earlier and up 9.2% from the prior quarter.
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Analysis
Tucows (TCX) Payables (2010 - 2026) Analysis & Trends
At the end of FY2025, Tucows' Payables came in at $35.27 million, down 12.3% from FY2024.
- Annual Payables shows a five-year compound annual growth rate of 41.0% (FY2020 to FY2025).
- In prior years, Tucows' Payables was $40.24 million in FY2024 (+217.4%), $12.68 million in FY2023 (-26.2%), $17.17 million in FY2022 (+71.4%) and $10.02 million in FY2021 (+58.3%).
- The Q2 2026 figure stands as the highest quarterly Payables since Q4 2024.
- On a year-over-year basis, Payables increased in six of the last eight quarters, with growth averaging 99.4%.
- The strongest year-over-year quarter for Payables in the past five years was Q2 2022, with growth of 279.3%; the weakest was Q2 2023, with a decline of 57.6%.
- According to Business Quant data, Payables for the three prior quarters was $33.08 million (Q1 2026), $35.27 million (Q4 2025) and $32.12 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,781.98 Bn | 3,705.13 Bn | 60.48 Bn | 42.42 Bn |
| 2 | International Business Machines | 207.92 Bn | 158.82 Bn | 9.91 Bn | 10.17 Bn |
| 3 | Cloudflare | 114.07 Bn | 97.60 Bn | 499.52 Mn | 127.03 Mn |
| 4 | Equinix | 99.76 Bn | 88.32 Bn | 1.40 Bn | 1.26 Bn |
| 5 | Nebius | 58.67 Bn | 32.10 Bn | 448.70 Mn | 1.30 Bn |
| 6 | CoreWeave | 46.87 Bn | 33.97 Bn | 1.70 Bn | 3.63 Bn |
| 7 | Verisign | 25.50 Bn | 22.71 Bn | 384.60 Mn | 265.00 Mn |
| 8 | Nutanix | 18.59 Bn | 10.27 Bn | 651.35 Mn | 96.51 Mn |
| 9 | Akamai Technologies | 15.65 Bn | 9.06 Bn | 613.75 Mn | 1.98 Bn |
| 10 | Tucows | 107.03 Mn | -82.27 Mn | 25.78 Mn | 36.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.13 Mn |
| Mar 31, 2026 | 33.08 Mn |
| Dec 31, 2025 | 35.27 Mn |
| Sep 30, 2025 | 32.12 Mn |
| Jun 30, 2025 | 35.77 Mn |
| Mar 31, 2025 | 28.88 Mn |
| Dec 31, 2024 | 40.24 Mn |
| Sep 30, 2024 | 9.13 Mn |
| Jun 30, 2024 | 11.23 Mn |
| Mar 31, 2024 | 12.77 Mn |
| Dec 31, 2023 | 12.68 Mn |
| Sep 30, 2023 | 11.68 Mn |
| Jun 30, 2023 | 11.96 Mn |
| Mar 31, 2023 | 16.64 Mn |
| Dec 31, 2022 | 17.17 Mn |
| Sep 30, 2022 | 18.54 Mn |
| Jun 30, 2022 | 28.18 Mn |
| Mar 31, 2022 | 14.10 Mn |
| Dec 31, 2021 | 10.02 Mn |
| Sep 30, 2021 | 9.26 Mn |
API Access
Tucows Payables 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=payables&ticker=TCX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=TCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();