Tucows (TCX) Receivables (2010 - 2026)
Tucows (TCX) recorded Receivables of $23.07 million in Q2 2026, down 4.8% from $24.22 million a year earlier and down 17.0% from the prior quarter.
Analysis
Tucows (TCX) Receivables (2010 - 2026) Analysis & Trends
At the end of FY2025, Tucows reported Receivables of $24.49 million, up 17.3% from FY2024.
- Annual Receivables has a five-year compound annual growth rate of 9.5% (FY2020 to FY2025).
- Across earlier years, Receivables came in at $20.88 million in FY2024 (-11.6%), $23.62 million in FY2023 (+0.3%), $23.56 million in FY2022 (+53.4%) and $15.36 million in FY2021 (-1.2%).
- The Q2 2026 figure is the lowest quarterly Receivables since Q4 2024.
- On a year-over-year basis, Receivables rose in five of the last eight quarters, with growth averaging 11.2%.
- Peak year-over-year performance for Receivables in the last five years was growth of 53.4% in Q4 2022, against a decline of 35.9% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $27.79 million (Q1 2026), $24.49 million (Q4 2025) and $27.98 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,781.98 Bn | 3,705.13 Bn | 60.48 Bn | 6.00 Bn |
| 2 | International Business Machines | 207.92 Bn | 158.82 Bn | 9.91 Bn | 7.39 Bn |
| 3 | Cloudflare | 114.07 Bn | 97.60 Bn | 499.52 Mn | 450.13 Mn |
| 4 | Equinix | 99.76 Bn | 88.32 Bn | 1.40 Bn | 1.34 Bn |
| 5 | Nebius | 58.67 Bn | 32.10 Bn | 448.70 Mn | 288.60 Mn |
| 6 | CoreWeave | 46.87 Bn | 33.97 Bn | 1.70 Bn | 2.54 Bn |
| 7 | Verisign | 25.50 Bn | 22.71 Bn | 384.60 Mn | 9.50 Mn |
| 8 | Nutanix | 18.59 Bn | 10.27 Bn | 651.35 Mn | 289.25 Mn |
| 9 | Akamai Technologies | 15.65 Bn | 9.06 Bn | 613.75 Mn | 953.45 Mn |
| 10 | Tucows | 107.03 Mn | -82.27 Mn | 25.78 Mn | 23.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.07 Mn |
| Mar 31, 2026 | 27.79 Mn |
| Dec 31, 2025 | 24.49 Mn |
| Sep 30, 2025 | 27.98 Mn |
| Jun 30, 2025 | 24.22 Mn |
| Mar 31, 2025 | 24.12 Mn |
| Dec 31, 2024 | 20.88 Mn |
| Sep 30, 2024 | 18.89 Mn |
| Jun 30, 2024 | 18.00 Mn |
| Mar 31, 2024 | 19.81 Mn |
| Dec 31, 2023 | 23.62 Mn |
| Sep 30, 2023 | 27.50 Mn |
| Jun 30, 2023 | 28.08 Mn |
| Mar 31, 2023 | 29.35 Mn |
| Dec 31, 2022 | 23.56 Mn |
| Sep 30, 2022 | 18.17 Mn |
| Jun 30, 2022 | 22.48 Mn |
| Mar 31, 2022 | 19.67 Mn |
| Dec 31, 2021 | 15.36 Mn |
| Sep 30, 2021 | 17.61 Mn |
API Access
Tucows Receivables 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=receivables&ticker=TCX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=TCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();