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Tucows Inc.

CAD 14.48 -$15.69 (-52.01%)

TSX · 15 Sep 2026 19:59 UTC

Previous Close

CAD 15.05

Day Range

CAD 14.18CAD 14.52

Year Range

CAD 12CAD 34.75

Market Cap

161.44M

AVG Volume

4.88K

Trailing/Forward PE

-1.37/-

PEG ratio

-0.15

Dividend Yield

Next Earnings Date

2026-11-05

Primary Exchange

Toronto Stock Exchange

Revenue (USD)

TC.TO Revenue (USD) by year
Period	Revenue (USD)
2025	390.3M
2024	362.27M
2023	339.34M
2022	321.14M
2021	304.34M
2020	311.2M
2019	337.14M
2018	346.01M
2017	329.42M
2016	190.95M

Net Income (USD)

TC.TO Net Income (USD) by year
Period	Net Income (USD)
2025	-75.82M
2024	-109.86M
2023	-96.2M
2022	-27.57M
2021	3.36M
2020	5.78M
2019	15.4M
2018	17.14M
2017	22.33M
2016	16.07M

Operating Income (USD)

TC.TO Operating Income (USD) by year
Period	Operating Income (USD)
2025	-18.64M
2024	-65.01M
2023	-63.56M
2022	-31.33M
2021	-7.77M
2020	6.92M
2019	29.34M
2018	29.32M
2017	27.08M
2016	25.05M

EBITDA (USD)

TC.TO EBITDA (USD) by year
Period	EBITDA (USD)
2025	35.44M
2024	-1.15M
2023	-18.06M
2022	12.75M
2021	39.88M
2020	38.42M
2019	48.6M
2018	44.65M
2017	39.15M
2016	28.27M

Cash Flows (USD)

TC.TO Cash Flows (USD) by year
Period	Cash Flows (USD)
2025	-23.08M
2024	-76.78M
2023	-97.24M
2022	-117.62M
2021	-44.31M
2020	-8.43M
2019	-4.75M
2018	8.72M
2017	16.02M
2016	7.2M

EPS (USD)

TC.TO EPS (USD) by year
Period	EPS (USD)
2025	-6.84
2024	-10.04
2023	-8.86
2022	-2.56
2021	0.32
2020	0.53
2019	1.43
2018	1.59
2017	2.08
2016	1.5

Expenses (USD)

TC.TO Expenses (USD) by year
Period	Expenses (USD)
2025	126.55M
2024	172.11M
2023	208.01M
2022	236.46M
2021	150.1M
2020	111.48M
2019	107M
2018	88.01M
2017	66.15M
2016	52.13M

Cash & Debt (USD)

TC.TO Cash & Debt (USD) by year
Period	Cash & Debt (USD)
2025	52.07M
2024	56.9M
2023	92.69M
2022	23.5M
2021	9.11M
2020	8.31M
2019	20.39M
2018	12.64M
2017	18.05M
2016	15.11M

Debt ratios

TC.TO Debt ratios by year
Period	Debt ratios
2025	21.73
2024	13.65
2023	6.52
2022	1.66
2021	1.15
2020	0.73
2019	0.65
2018	0.39

Margins

TC.TO Margins by year
Period	Margins
2025	24.07%
2024	22.92%
2023	22.61%
2022	24.37%
2021	25.73%
2020	27.47%
2019	29.89%
2018	27.97%
2017	25.66%
2016	33.56%

Return on Capital

TC.TO Return on Capital by year
Period	Return on Capital
2025	46.17%
2024	115.28%
2023	-974.15%
2022	-28.52%
2021	2.92%
2020	5.52%
2019	16.35%
2018	21.48%
2017	36.4%
2016	39.28%

Shares Outstanding

TC.TO Shares Outstanding by year
Period	Shares Outstanding
2025	11.13M
2024	10.95M
2023	10.9M
2022	10.78M
2021	10.72M
2020	10.62M
2019	10.61M
2018	10.63M
2017	10.59M
2016	10.47M

Book Value Per Share (USD)

TC.TO Book Value Per Share (USD) by year
Period	Book Value Per Share (USD)
2025	-14.76
2024	-8.7
2023	0.91
2022	8.97
2021	10.74
2020	9.86
2019	8.88
2018	7.5
2017	5.79
2016	3.9

Total Assets (USD)

TC.TO Total Assets (USD) by year
Period	Total Assets (USD)
2025	782.37M
2024	758.8M
2023	798.43M
2022	664.75M
2021	539.6M
2020	451.9M
2019	425.92M
2018	339.57M
2017	350.65M
2016	154.41M

PE Ratio

TC.TO PE Ratio by year
Period	PE Ratio
Jun 22	129.16
Jun 22	133.6
Jun 22	151.37
Jun 22	159.68
May 22	155.62
May 22	142.32
May 22	152.34
May 22	160.09
Apr 22	183.31
Apr 22	205.92
Apr 22	208.39
Apr 22	211.08
Apr 22	223.2
Mar 22	101.44
Mar 22	101.47
Mar 22	93.01
Mar 22	92.93
Feb 22	97.5
Feb 22	105.09
Feb 22	110.97
Feb 22	109.84
Jan 22	114.02
Jan 22	114.44
Jan 22	117.46
Jan 22	118.05
Dec 21	121.27
Dec 21	132.05
Dec 21	131.29
Dec 21	130.58
Dec 21	126.8
Nov 21	134.35
Nov 21	139.4
Nov 21	140.4
Nov 21	144.94
Oct 21	129.85
Oct 21	129.35
Oct 21	129.95
Oct 21	130.08
Oct 21	127.74
Sep 21	158.38
Sep 21	155.82
Sep 21	158.26
Sep 21	159.09
Aug 21	157.45
Aug 21	154.99
Aug 21	156.47
Aug 21	162.29
Jul 21	162.53
Jul 21	165.68
Jul 21	169.72
Jul 21	168.08
Jul 21	167.97
Jun 21	144.5
Jun 21	142.56
Jun 21	142.86
Jun 21	148.37
May 21	143.75
May 21	143.32
May 21	146.46
May 21	147.05
Apr 21	144.47
Apr 21	150.78
Apr 21	147.01
Apr 21	152.54
Apr 21	144.5
Mar 21	91.13
Mar 21	94.77
Mar 21	86.72
Mar 21	91.62
Feb 21	87.14
Feb 21	93.73
Feb 21	92.4
Feb 21	100.05
Jan 21	90.15
Jan 21	92.36
Jan 21	81.94
Jan 21	80.62
Dec 20	82.59
Dec 20	59.59
Dec 20	61.81
Dec 20	62.01
Dec 20	63.47
Nov 20	59.23
Nov 20	58.98
Nov 20	58.26
Nov 20	58.76
Oct 20	60.3
Oct 20	62.66
Oct 20	60.92
Oct 20	60.04
Oct 20	58.38
Sep 20	46.47
Sep 20	49.71
Sep 20	47.82
Sep 20	42.57
Aug 20	44.06
Aug 20	44.65
Aug 20	44.03
Aug 20	45.17
Jul 20	41.46

Free Cash Flow Yield

TC.TO Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	-7.23%
Sep 26	-6.95%
Sep 26	-7.05%
Aug 26	-7.31%
Aug 26	-8.15%
Aug 26	-6.73%
Aug 26	-4.84%
Jul 26	-4.87%
Jul 26	-8.66%
Jul 26	-7.33%
Jul 26	-7%
Jul 26	-5.71%
Jun 26	-14.85%
Jun 26	-15.64%
Jun 26	-15.47%
Jun 26	-15.22%
May 26	-13.78%
May 26	-13.91%
May 26	-14.17%
May 26	-13.38%
May 26	-13.03%
Apr 26	-12.44%
Apr 26	-11.82%
Apr 26	-13.42%
Apr 26	-11.83%
Mar 26	-18.49%
Mar 26	-18.59%
Mar 26	-18.41%
Mar 26	-16.5%
Feb 26	-16.11%
Feb 26	-16.58%
Feb 26	-15.61%
Feb 26	-13.92%
Jan 26	-13.27%
Jan 26	-12.13%
Jan 26	-11.79%
Jan 26	-12.57%
Jan 26	-13.38%
Dec 25	-12.91%
Dec 25	-12.48%
Dec 25	-13.41%
Dec 25	-14.19%
Nov 25	-13.47%
Nov 25	-14.18%
Nov 25	-14.27%
Nov 25	-14.74%
Oct 25	-24.31%
Oct 25	-23.86%
Oct 25	-24.75%
Oct 25	-24.72%
Oct 25	-25.12%
Sep 25	-34.84%
Sep 25	-35.15%
Sep 25	-36.08%
Sep 25	-37.62%
Aug 25	-36.13%
Aug 25	-34.88%
Aug 25	-35.03%
Aug 25	-33.57%
Aug 25	-40.22%
Jul 25	-32.37%
Jul 25	-30.78%
Jul 25	-29.4%
Jul 25	-33.11%
Jun 25	-36.08%
Jun 25	-35.14%
Jun 25	-34.94%
Jun 25	-36.16%
May 25	-35.92%
May 25	-37.58%
May 25	-36.09%
May 25	-40.71%
May 25	-43.53%
Apr 25	-42.46%
Apr 25	-42.48%
Apr 25	-44.1%
Apr 25	-43.35%
Mar 25	-35.11%
Mar 25	-35.43%
Mar 25	-34.75%
Mar 25	-29.81%
Feb 25	-30.08%
Feb 25	-31.4%
Feb 25	-31.46%
Feb 25	-40.78%
Jan 25	-39.31%
Jan 25	-35.13%
Jan 25	-37.19%
Jan 25	-37.3%
Jan 25	-36.58%
Dec 24	-42.58%
Dec 24	-44.73%
Dec 24	-41.7%
Dec 24	-38.09%
Nov 24	-39.07%
Nov 24	-42.76%
Nov 24	-43.16%
Nov 24	-42.31%
Nov 24	-38.19%
Oct 24	-35.85%

Price to Sales

TC.TO Price to Sales by year
Period	Price to Sales
Sep 26	0.3
Sep 26	0.31
Sep 26	0.3
Aug 26	0.29
Aug 26	0.26
Aug 26	0.32
Aug 26	0.44
Jul 26	0.44
Jul 26	0.25
Jul 26	0.29
Jul 26	0.31
Jul 26	0.38
Jun 26	0.4
Jun 26	0.38
Jun 26	0.38
Jun 26	0.39
May 26	0.43
May 26	0.43
May 26	0.42
May 26	0.44
May 26	0.45
Apr 26	0.48
Apr 26	0.5
Apr 26	0.44
Apr 26	0.5
Mar 26	0.46
Mar 26	0.46
Mar 26	0.46
Mar 26	0.51
Feb 26	0.53
Feb 26	0.51
Feb 26	0.54
Feb 26	0.61
Jan 26	0.64
Jan 26	0.7
Jan 26	0.72
Jan 26	0.67
Jan 26	0.63
Dec 25	0.66
Dec 25	0.68
Dec 25	0.63
Dec 25	0.6
Nov 25	0.63
Nov 25	0.6
Nov 25	0.59
Nov 25	0.57
Oct 25	0.54
Oct 25	0.55
Oct 25	0.53
Oct 25	0.53
Oct 25	0.52
Sep 25	0.57
Sep 25	0.57
Sep 25	0.55
Sep 25	0.53
Aug 25	0.55
Aug 25	0.57
Aug 25	0.57
Aug 25	0.59
Aug 25	0.49
Jul 25	0.61
Jul 25	0.65
Jul 25	0.68
Jul 25	0.6
Jun 25	0.59
Jun 25	0.6
Jun 25	0.61
Jun 25	0.59
May 25	0.59
May 25	0.56
May 25	0.59
May 25	0.52
May 25	0.49
Apr 25	0.5
Apr 25	0.5
Apr 25	0.48
Apr 25	0.49
Mar 25	0.53
Mar 25	0.52
Mar 25	0.53
Mar 25	0.62
Feb 25	0.62
Feb 25	0.59
Feb 25	0.59
Feb 25	0.45
Jan 25	0.47
Jan 25	0.53
Jan 25	0.5
Jan 25	0.5
Jan 25	0.51
Dec 24	0.51
Dec 24	0.48
Dec 24	0.52
Dec 24	0.57
Nov 24	0.55
Nov 24	0.51
Nov 24	0.5
Nov 24	0.51
Nov 24	0.57
Oct 24	0.6

EV/EBITDA

TC.TO EV/EBITDA by year
Period	EV/EBITDA
Sep 26	9.86
Sep 26	9.92
Sep 26	9.89
Aug 26	9.84
Aug 26	9.69
Aug 26	9.97
Aug 26	10.6
Jul 26	10.59
Jul 26	9.61
Jul 26	9.84
Jul 26	9.9
Jul 26	10.26
Jun 26	22.15
Jun 26	21.93
Jun 26	21.98
Jun 26	22.05
May 26	22.5
May 26	22.45
May 26	22.36
May 26	22.64
May 26	22.77
Apr 26	23.01
Apr 26	23.28
Apr 26	22.62
Apr 26	23.27
Mar 26	43.68
Mar 26	43.62
Mar 26	43.72
Mar 26	44.86
Feb 26	45.12
Feb 26	44.8
Feb 26	45.48
Feb 26	46.88
Jan 26	47.52
Jan 26	48.8
Jan 26	49.23
Jan 26	48.28
Jan 26	47.41
Dec 25	47.9
Dec 25	48.38
Dec 25	47.38
Dec 25	46.63
Nov 25	47.32
Nov 25	46.64
Nov 25	46.56
Nov 25	46.16
Oct 25	37.5
Oct 25	37.71
Oct 25	37.29
Oct 25	37.31
Oct 25	37.13
Sep 25	53.55
Sep 25	53.41
Sep 25	52.99
Sep 25	52.34
Aug 25	52.97
Aug 25	53.53
Aug 25	53.46
Aug 25	54.17
Aug 25	51.36
Jul 25	54.8
Jul 25	55.71
Jul 25	56.59
Jul 25	54.41
Mar 25	90.79
Mar 25	90.54
Mar 25	91.07
Mar 25	95.63
Feb 25	95.34
Feb 25	94.01
Feb 25	93.95
Feb 25	86.99
Jan 25	87.87
Jan 25	90.77
Jan 25	89.26
Jan 25	89.19
Jan 25	89.69
Dec 24	446
Dec 24	439.48
Dec 24	448.84
Dec 24	461.95
Nov 24	458.17
Nov 24	445.42
Nov 24	444.17
Nov 24	446.85
Nov 24	461.56
Oct 24	471.4
Oct 24	474.08
Oct 24	472.79
Oct 24	475.14
Sep 23	65.96
Sep 23	71.08
Sep 23	66.56
Sep 23	73.27
Aug 23	70.62
Aug 23	66.57
Aug 23	67.04
Aug 23	72.89
Jul 23	80.32
Jul 23	78.41

Price/Operating Cashflow

TC.TO Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Sep 26	12.89
Sep 26	13.4
Sep 26	13.21
Aug 26	12.76
Aug 26	11.44
Aug 26	13.84
Aug 26	19.25
Jul 26	19.15
Jul 26	10.76
Jul 26	12.72
Jul 26	13.31
Jul 26	16.33
Sep 23	23.19
Sep 23	27.03
Sep 23	23.64
Sep 23	28.68
Aug 23	26.69
Aug 23	23.65
Aug 23	24
Aug 23	28.39
Jul 23	33.97
Jul 23	32.54
Jul 23	34.9
Jul 23	36.01
Jun 23	32.32
Jun 23	15.2
Jun 23	17.04
Jun 23	16.7
Jun 23	17.48
May 23	17.12
May 23	16.68
May 23	13.27
May 23	14.78
Apr 23	12.09
Apr 23	12.03
Apr 23	10.41
Apr 23	9.3
Mar 23	10.55
Mar 23	9.66
Mar 23	8.97
Mar 23	8.84
Mar 23	9.29
Feb 23	9.52
Feb 23	11.87
Feb 23	13.11
Feb 23	14.26
Jan 23	13.02
Jan 23	13.71
Jan 23	13.45
Jan 23	12.9
Dec 22	13.32
Dec 22	11.63
Dec 22	11.16
Dec 22	11.44
Dec 22	11.26
Nov 22	10.81
Nov 22	11.03
Nov 22	12.55
Nov 22	12.02
Oct 22	16
Oct 22	16.78
Oct 22	15.55
Oct 22	14.45
Sep 22	13.68
Sep 22	20.39
Sep 22	20.68
Sep 22	22.86
Sep 22	23.04
Aug 22	25.58
Aug 22	26.93
Aug 22	26.31
Aug 22	23.45
Jul 22	23.78
Jul 22	24.55
Jul 22	22.75
Jul 22	24.48
Jun 22	22.83
Jun 22	14.66
Jun 22	15.16
Jun 22	17.18
Jun 22	18.12
May 22	17.66
May 22	16.15
May 22	17.29
May 22	18.17
Apr 22	20.81
Apr 22	23.37
Apr 22	23.65
Apr 22	23.96
Apr 22	25.33
Mar 22	36.2
Mar 22	36.21
Mar 22	33.19
Mar 22	33.16
Feb 22	34.79
Feb 22	37.5
Feb 22	39.6
Feb 22	39.2
Jan 22	40.69
Jan 22	40.84

Price to Book

TC.TO Price to Book by year
Period	Price to Book
Jun 24	21.19
Jun 24	21.21
Jun 24	22.87
Jun 24	23.27
May 24	25.19
May 24	21.89
May 24	20.79
May 24	20.03
May 24	20.12
Apr 24	19.77
Apr 24	19.26
Apr 24	19.84
Apr 24	19.81
Mar 24	6.67
Mar 24	6.59
Mar 24	6.46
Mar 24	6.84
Mar 24	6.73
Feb 24	7.36
Feb 24	8.02
Feb 24	8.1
Feb 24	8.39
Jan 24	8.41
Jan 24	8.13
Jan 24	7.99
Jan 24	8.62
Dec 23	9.79
Dec 23	5.33
Dec 23	5.33
Dec 23	5.08
Dec 23	4.74
Nov 23	4.38
Nov 23	4.44
Nov 23	4.07
Nov 23	4.14
Oct 23	3.53
Oct 23	4.05
Oct 23	4.28
Oct 23	4.16
Sep 23	4.31
Sep 23	2.68
Sep 23	3.13
Sep 23	2.74
Sep 23	3.32
Aug 23	3.09
Aug 23	2.74
Aug 23	2.78
Aug 23	3.29
Jul 23	3.93
Jul 23	3.77
Jul 23	4.04
Jul 23	4.17
Jun 23	3.74
Jun 23	3.13
Jun 23	3.5
Jun 23	3.43
Jun 23	3.6
May 23	3.52
May 23	3.43
May 23	2.73
May 23	3.04
Apr 23	2.49
Apr 23	2.47
Apr 23	2.14
Apr 23	1.91
Mar 23	2.17
Mar 23	2.52
Mar 23	2.34
Mar 23	2.31
Mar 23	2.42
Feb 23	2.48
Feb 23	3.09
Feb 23	3.42
Feb 23	3.72
Jan 23	3.4
Jan 23	3.57
Jan 23	3.51
Jan 23	3.36
Dec 22	3.47
Dec 22	3.08
Dec 22	2.95
Dec 22	3.02
Dec 22	2.98
Nov 22	2.86
Nov 22	2.92
Nov 22	3.32
Nov 22	3.18
Oct 22	4.23
Oct 22	4.44
Oct 22	4.11
Oct 22	3.82
Sep 22	3.62
Sep 22	3.72
Sep 22	3.77
Sep 22	4.17
Sep 22	4.2
Aug 22	4.66
Aug 22	4.91
Aug 22	4.79
Aug 22	4.27

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Tucows Inc.

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