Tucows (TCX) Prepaid Assets (2010 - 2026)
Tucows (TCX) reported Prepaid Assets of $25.73 million for Q2 2026, up 7.2% from $24 million a year earlier and up 21.5% from the prior quarter.
Analysis
Tucows (TCX) Prepaid Assets (2010 - 2026) Analysis & Trends
At the end of FY2025, Tucows posted Prepaid Assets of $29.38 million, up 36.6% from FY2024.
- Prepaid Assets has increased for three consecutive years, with a five-year compound annual growth rate of 11.8% (FY2020 to FY2025).
- By year, Prepaid Assets came in at $21.51 million in FY2024 (+23.7%), $17.39 million in FY2023 (+2.2%), $17.01 million in FY2022 (-19.0%) and $20.99 million in FY2021 (+24.6%).
- Five-year quarterly Prepaid Assets spans a low of $16.14 million in Q1 2024 and a high of $29.38 million in Q4 2025.
- Year over year, Prepaid Assets gained in six of the last eight quarters, with growth averaging 17.0%.
- The high point for year-over-year Prepaid Assets in five years was Q1 2022 (growth of 59.3%); the low point was Q3 2021 (a decline of 80.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $21.18 million (Q1 2026), $29.38 million (Q4 2025) and $22.62 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,809.31 Bn | 3,732.47 Bn | 60.48 Bn |
| 2 | International Business Machines | 207.26 Bn | 158.16 Bn | 9.91 Bn |
| 3 | Cloudflare | 111.87 Bn | 95.40 Bn | 499.52 Mn |
| 4 | Equinix | 99.81 Bn | 88.37 Bn | 1.40 Bn |
| 5 | Nebius | 59.68 Bn | 33.11 Bn | 448.70 Mn |
| 6 | CoreWeave | 48.00 Bn | 35.10 Bn | 1.70 Bn |
| 7 | Verisign | 25.49 Bn | 22.71 Bn | 384.60 Mn |
| 8 | Nutanix | 19.05 Bn | 10.74 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 15.27 Bn | 8.68 Bn | 613.75 Mn |
| 10 | Tucows | 105.47 Mn | -83.84 Mn | 25.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.73 Mn |
| Mar 31, 2026 | 21.18 Mn |
| Dec 31, 2025 | 29.38 Mn |
| Sep 30, 2025 | 22.62 Mn |
| Jun 30, 2025 | 24.00 Mn |
| Mar 31, 2025 | 22.11 Mn |
| Dec 31, 2024 | 21.51 Mn |
| Sep 30, 2024 | 16.45 Mn |
| Jun 30, 2024 | 21.12 Mn |
| Mar 31, 2024 | 16.14 Mn |
| Dec 31, 2023 | 17.39 Mn |
| Sep 30, 2023 | 19.40 Mn |
| Jun 30, 2023 | 20.45 Mn |
| Mar 31, 2023 | 18.33 Mn |
| Dec 31, 2022 | 17.01 Mn |
| Sep 30, 2022 | 18.63 Mn |
| Jun 30, 2022 | 19.31 Mn |
| Mar 31, 2022 | 23.22 Mn |
| Dec 31, 2021 | 20.99 Mn |
| Sep 30, 2021 | 18.72 Mn |
API Access
Tucows Prepaid Assets 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=prepaid-assets&ticker=TCX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=TCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();