Tucows (TCX) Payables (2010 - 2026)
Tucows (TCX) reported Payables of $33.1 million for Q1 2026, up 14.55% on a YoY basis from $28.9 million in Q1 2025, and down 6.21% quarter-over-quarter from $35.3 million in Q4 2025.
Tucows (TCX) Payables (2010 - 2026) Analysis & Trends
Tucows has reported Payables for 17 years, with the latest figure at $33.1 million in Q1 2026.
- For the quarter ending Q1 2026, Payables rose 14.55% year-over-year to $33.1 million; the trailing twelve-month figure through Mar 2026 stood at $33.1 million (up 14.55% YoY), and the FY2025 full-year result was $35.3 million, down 12.34% from the prior year.
- Payables for Q1 2026 stood at $33.1 million, down from $35.3 million in the prior quarter.
- The five-year high for Payables was $295.8 million in Q3 2024, with the low at $14.1 million in Q1 2022.
- Historically, Payables has averaged $104.2 million across 5 years, with a median of $35.3 million in 2025.
- Annual changes were most pronounced in 2024 — Payables jumped 1321.73% — and 2025, when it plunged 89.14%.
- Tucows' Payables stood at $17.2 million in 2022, then jumped by 1271.91% to $235.6 million in 2023, then sank by 82.92% to $40.2 million in 2024, then fell by 12.34% to $35.3 million in 2025, then declined by 6.21% to $33.1 million in 2026.
- The last three Payables figures came in at $33.1 million (Q1 2026), $35.3 million (Q4 2025), and $32.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 37.51 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 19.36 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 495.96 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 262.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 105.32 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 238.70 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 1.30 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 58.84 Mn |
| 10 | Tucows | 151.74 Mn | 107.43 Mn | 24.13 Mn | 33.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 295.77 Mn |
| Jun 30, 2024 | 235.92 Mn |
| Mar 31, 2024 | 236.56 Mn |
| Dec 31, 2023 | 235.57 Mn |
| Sep 30, 2023 | 233.74 Mn |
| Jun 30, 2023 | 233.04 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 |
| Jun 30, 2021 | 7.43 Mn |