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Tucows Inc.

$10.81 -$11.22 (-50.93%)

NASDAQ · 11 Sep 2026 20:00 UTC

Previous Close

$10.9

Day Range

$10.71$11.03

Year Range

$8.46$25.17

Market Cap

120.52M

AVG Volume

65.94K

Trailing/Forward PE

-1.44/-

PEG ratio

-0.15

Dividend Yield

Next Earnings Date

2026-11-05

Primary Exchange

NASDAQ

Revenue (USD)

TCX 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)

TCX 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)

TCX Operating Income (USD) by year
Period	Operating Income (USD)
2025	-16.85M
2024	-65.01M
2023	-62.82M
2022	-31.66M
2021	-7.77M
2020	6.92M
2019	29.34M
2018	29.32M
2017	27.08M
2016	25.05M

EBITDA (USD)

TCX EBITDA (USD) by year
Period	EBITDA (USD)
2025	36.12M
2024	-145K
2023	35.5M
2022	26.25M
2021	39.88M
2020	38.42M
2019	48.62M
2018	44.77M
2017	39.61M
2016	28.27M

Cash Flows (USD)

TCX Cash Flows (USD) by year
Period	Cash Flows (USD)
2025	-23.09M
2024	-76.3M
2023	-97.35M
2022	-74.34M
2021	36.2M
2020	-8.36M
2019	-4.75M
2018	8.72M
2017	16.02M
2016	7.2M

EPS (USD)

TCX EPS (USD) by year
Period	EPS (USD)
2025	-6.84
2024	-10.02
2023	-8.86
2022	-2.55
2021	0.32
2020	0.53
2019	1.43
2018	1.59
2017	2.08
2016	1.5

Expenses (USD)

TCX Expenses (USD) by year
Period	Expenses (USD)
2025	126.4M
2024	171.63M
2023	212.2M
2022	236.37M
2021	150.03M
2020	111.41M
2019	107M
2018	88.01M
2017	66.15M
2016	52.13M

Cash & Debt (USD)

TCX Cash & Debt (USD) by year
Period	Cash & Debt (USD)
2025	46.76M
2024	56.9M
2023	96.33M
2022	23.5M
2021	9.11M
2020	8.31M
2019	20.39M
2018	12.64M
2017	18.05M
2016	15.11M

Debt ratios

TCX Debt ratios by year
Period	Debt ratios
2025	5.1
2024	4.5
2023	3.37
2022	1.52
2021	1.15
2020	0.73
2019	0.64
2018	0.39

Margins

TCX Margins by year
Period	Margins
2025	24.07%
2024	22.92%
2023	18.95%
2022	24.37%
2021	25.73%
2020	27.47%
2019	29.89%
2018	27.97%
2017	25.66%
2016	33.56%

Return on Capital

TCX 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

TCX Shares Outstanding by year
Period	Shares Outstanding
2025	11.13M
2024	11.01M
2023	10.9M
2022	10.82M
2021	10.68M
2020	10.62M
2019	10.61M
2018	10.63M
2017	10.59M
2016	10.47M

Dividends (USD)

TCX Dividends (USD) by year
Period	Dividends (USD)
2001	0.27

Employee Count

TCX Employee Count by year
Period	Employee Count
2025	759
2024	765
2023	1.04K
2022	1.02K
2021	1K
2020	800
2019	633
2018	584
2017	558
2016	375

Book Value Per Share (USD)

TCX Book Value Per Share (USD) by year
Period	Book Value Per Share (USD)
2025	-14.76
2024	-8.65
2023	0.91
2022	8.94
2021	10.78
2020	9.86
2019	8.88
2018	7.5
2017	5.79
2016	3.9

Total Assets (USD)

TCX Total Assets (USD) by year
Period	Total Assets (USD)
2025	730.91M
2024	758.8M
2023	855.17M
2022	664.75M
2021	539.6M
2020	451.9M
2019	425.92M
2018	339.57M
2017	350.65M
2016	154.41M

PE Ratio

TCX PE Ratio by year
Period	PE Ratio
Apr 22	182.92
Apr 22	204.54
Apr 22	206.89
Apr 22	209.65
Apr 22	221.36
Mar 22	222.63
Mar 22	222.95
Mar 22	203.74
Mar 22	204.57
Feb 22	97.14
Feb 22	104.93
Feb 22	110.85
Feb 22	110.39
Jan 22	113.89
Jan 22	114.01
Jan 22	116.65
Jan 22	117.79
Dec 21	120.98
Dec 21	121.2
Dec 21	119.93
Dec 21	119.78
Dec 21	116.62
Nov 21	119.02
Nov 21	127.48
Nov 21	127.88
Nov 21	131.6
Oct 21	129.84
Oct 21	128.98
Oct 21	129.28
Oct 21	124.64
Oct 21	127.18
Sep 21	119.32
Sep 21	119.24
Sep 21	119.04
Sep 21	121.17
Aug 21	119.79
Aug 21	116.65
Aug 21	118.01
Aug 21	122.41
Jul 21	162.21
Jul 21	167.01
Jul 21	169.76
Jul 21	167.17
Jul 21	167.26
Jun 21	163.46
Jun 21	162.02
Jun 21	160.33
Jun 21	167.63
May 21	162.92
May 21	162.25
May 21	165.48
May 21	166
Apr 21	144.53
Apr 21	150.36
Apr 21	147.23
Apr 21	149.88
Apr 21	146
Mar 21	149.79
Mar 21	155.78
Mar 21	143.83
Mar 21	152.64
Feb 21	88.12
Feb 21	93.41
Feb 21	92.62
Feb 21	99.99
Jan 21	89.1
Jan 21	92.36
Jan 21	81.69
Jan 21	80.48
Dec 20	82.4
Dec 20	81.25
Dec 20	84.31
Dec 20	84.37
Dec 20	86.89
Nov 20	81.59
Nov 20	80.98
Nov 20	79.71
Nov 20	80.16
Oct 20	60.1
Oct 20	62.65
Oct 20	61.17
Oct 20	60.15
Oct 20	57.92
Sep 20	55.2
Sep 20	57.94
Sep 20	56.36
Sep 20	51.29
Aug 20	52.16
Aug 20	52.82
Aug 20	52.49
Aug 20	53.92
Jul 20	41.61
Jul 20	41.62
Jul 20	42.01
Jul 20	40.98
Jul 20	39.5
Jun 20	37.73
Jun 20	39.79
Jun 20	40.32
Jun 20	42.13

Free Cash Flow Yield

TCX Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	-11.95%
Sep 26	-12.04%
Aug 26	-12.77%
Aug 26	-13.98%
Aug 26	-11.5%
Aug 26	-8.24%
Jul 26	-4.89%
Jul 26	-8.67%
Jul 26	-7.39%
Jul 26	-6.93%
Jul 26	-5.63%
Jun 26	-5.42%
Jun 26	-5.67%
Jun 26	-5.65%
Jun 26	-5.54%
May 26	-4.98%
May 26	-5.03%
May 26	-5.16%
May 26	-4.95%
May 26	-13.11%
Apr 26	-12.24%
Apr 26	-11.77%
Apr 26	-13.51%
Apr 26	-11.64%
Mar 26	-12.92%
Mar 26	-13.02%
Mar 26	-13.17%
Mar 26	-16.58%
Feb 26	-16.19%
Feb 26	-16.74%
Feb 26	-15.69%
Feb 26	-13.67%
Jan 26	-13.23%
Jan 26	-11.97%
Jan 26	-11.89%
Jan 26	-12.51%
Jan 26	-13.35%
Dec 25	-13.15%
Dec 25	-12.51%
Dec 25	-13.38%
Dec 25	-14.14%
Nov 25	-13.57%
Nov 25	-14.15%
Nov 25	-14.21%
Nov 25	-14.74%
Oct 25	-23.28%
Oct 25	-23.62%
Oct 25	-24.58%
Oct 25	-24.55%
Oct 25	-24.63%
Sep 25	-23.43%
Sep 25	-23.82%
Sep 25	-24.18%
Sep 25	-25.02%
Aug 25	-24.4%
Aug 25	-23.38%
Aug 25	-23.46%
Aug 25	-22.42%
Aug 25	-40.02%
Jul 25	-32.06%
Jul 25	-30.45%
Jul 25	-29.04%
Jul 25	-32.2%
Jun 25	-33.92%
Jun 25	-33.44%
Jun 25	-33.14%
Jun 25	-34.08%
May 25	-34.06%
May 25	-35.24%
May 25	-34.74%
May 25	-38.87%
May 25	-43%
Apr 25	-42.14%
Apr 25	-42.06%
Apr 25	-43.3%
Apr 25	-42.76%
Mar 25	-40.65%
Mar 25	-40.72%
Mar 25	-40.28%
Mar 25	-29.44%
Feb 25	-30.03%
Feb 25	-31.24%
Feb 25	-31.16%
Feb 25	-40.67%
Jan 25	-39.13%
Jan 25	-35.1%
Jan 25	-36.36%
Jan 25	-36.92%
Jan 25	-36.25%
Dec 24	-36.6%
Dec 24	-38.08%
Dec 24	-35.96%
Dec 24	-32.8%
Nov 24	-33.73%
Nov 24	-36.92%
Nov 24	-37.31%
Nov 24	-36.58%
Nov 24	-38.35%
Oct 24	-36.07%
Oct 24	-35.18%

Price to Sales

TCX Price to Sales by year
Period	Price to Sales
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	0.43
May 26	0.45
Apr 26	0.48
Apr 26	0.5
Apr 26	0.44
Apr 26	0.51
Mar 26	0.46
Mar 26	0.45
Mar 26	0.45
Mar 26	0.51
Feb 26	0.52
Feb 26	0.51
Feb 26	0.54
Feb 26	0.62
Jan 26	0.64
Jan 26	0.71
Jan 26	0.71
Jan 26	0.68
Jan 26	0.63
Dec 25	0.64
Dec 25	0.68
Dec 25	0.63
Dec 25	0.6
Nov 25	0.62
Nov 25	0.6
Nov 25	0.6
Nov 25	0.57
Oct 25	0.56
Oct 25	0.55
Oct 25	0.53
Oct 25	0.53
Oct 25	0.53
Sep 25	0.56
Sep 25	0.55
Sep 25	0.54
Sep 25	0.52
Aug 25	0.53
Aug 25	0.56
Aug 25	0.56
Aug 25	0.58
Aug 25	0.49
Jul 25	0.62
Jul 25	0.65
Jul 25	0.68
Jul 25	0.61
Jun 25	0.58
Jun 25	0.59
Jun 25	0.6
Jun 25	0.58
May 25	0.58
May 25	0.56
May 25	0.57
May 25	0.51
May 25	0.49
Apr 25	0.5
Apr 25	0.5
Apr 25	0.49
Apr 25	0.49
Mar 25	0.52
Mar 25	0.52
Mar 25	0.52
Mar 25	0.63
Feb 25	0.61
Feb 25	0.59
Feb 25	0.59
Feb 25	0.45
Jan 25	0.47
Jan 25	0.52
Jan 25	0.51
Jan 25	0.5
Jan 25	0.51
Dec 24	0.5
Dec 24	0.48
Dec 24	0.51
Dec 24	0.56
Nov 24	0.55
Nov 24	0.5
Nov 24	0.49
Nov 24	0.5
Nov 24	0.56
Oct 24	0.6
Oct 24	0.62

EV/EBITDA

TCX EV/EBITDA by year
Period	EV/EBITDA
Sep 26	16.91
Sep 26	16.9
Aug 26	16.75
Aug 26	16.54
Aug 26	17.02
Aug 26	18.08
Jul 26	16.15
Jul 26	14.67
Jul 26	15
Jul 26	15.15
Jul 26	15.71
Jun 26	15.82
Jun 26	15.69
Jun 26	15.69
Jun 26	15.75
May 26	16.09
May 26	16.06
May 26	15.97
May 26	16.11
May 26	18.66
Apr 26	19.01
Apr 26	19.22
Apr 26	18.52
Apr 26	19.28
Mar 26	18.74
Mar 26	18.7
Mar 26	18.64
Mar 26	36.14
Feb 26	36.38
Feb 26	36.04
Feb 26	36.73
Feb 26	38.37
Jan 26	38.79
Jan 26	40.18
Jan 26	40.28
Jan 26	39.54
Jan 26	38.67
Dec 25	38.87
Dec 25	39.54
Dec 25	38.65
Dec 25	37.94
Nov 25	38.46
Nov 25	37.94
Nov 25	37.88
Nov 25	37.44
Oct 25	37.89
Oct 25	37.72
Oct 25	37.26
Oct 25	37.28
Oct 25	37.24
Sep 25	37.81
Sep 25	37.62
Sep 25	37.45
Sep 25	37.07
Aug 25	37.34
Aug 25	37.84
Aug 25	37.8
Aug 25	38.34
Aug 25	51.34
Jul 25	54.86
Jul 25	55.79
Jul 25	56.69
Jul 25	54.78
Jun 25	53.89
Jun 25	54.13
Jun 25	54.28
Jun 25	53.81
May 25	53.82
May 25	53.26
May 25	53.49
May 25	51.76
Mar 25	10.74
Feb 25	10.67
Feb 25	10.53
Feb 25	10.54
Feb 25	9.74
Jan 25	9.84
Jan 25	10.15
Jan 25	10.05
Jan 25	10
Jan 25	10.06
Dec 24	10.03
Dec 24	9.92
Dec 24	10.08
Dec 24	10.37
Nov 24	10.28
Nov 24	10
Nov 24	9.97
Nov 24	10.03
Nov 24	10.86
Oct 24	11.09
Oct 24	11.18
Oct 24	11.15
Oct 24	11.19
Sep 24	11.43
Sep 24	11.6
Sep 24	11.91
Sep 24	11.33
Aug 24	11.51
Aug 24	11.67

Price/Operating Cashflow

TCX Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Sep 26	27.47
Sep 26	27.27
Aug 26	25.72
Aug 26	23.48
Aug 26	28.54
Aug 26	39.85
Jul 26	19.05
Jul 26	10.75
Jul 26	12.61
Jul 26	13.44
Jul 26	16.56
Jun 26	17.2
Jun 26	16.45
Jun 26	16.48
Jun 26	16.83
May 26	18.7
May 26	18.53
May 26	18.06
May 26	18.84
Jul 23	33.84
Jul 23	32.46
Jul 23	35.01
Jul 23	36.19
Jun 23	32.52
Jun 23	32.82
Jun 23	36.8
Jun 23	36.11
Jun 23	37.72
May 23	37.09
May 23	35.99
May 23	28.67
May 23	4.7
Apr 23	3.84
Apr 23	3.81
Apr 23	3.28
Apr 23	2.93
Mar 23	3.34
Mar 23	4.25
Mar 23	3.92
Mar 23	3.44
Mar 23	3.64
Feb 23	3.7
Feb 23	4.62
Feb 23	5.08
Feb 23	5.53
Jan 23	5.05
Jan 23	5.34
Jan 23	5.24
Jan 23	5.04
Dec 22	5.17
Dec 22	4.92
Dec 22	4.73
Dec 22	4.83
Dec 22	4.78
Nov 22	4.74
Nov 22	4.7
Nov 22	5.47
Nov 22	5.08
Oct 22	4.29
Oct 22	4.46
Oct 22	4.15
Oct 22	3.82
Sep 22	3.57
Sep 22	3.79
Sep 22	3.83
Sep 22	4.26
Sep 22	4.27
Aug 22	4.72
Aug 22	5.01
Aug 22	4.91
Aug 22	3.38
Jul 22	3.44
Jul 22	3.55
Jul 22	3.3
Jul 22	3.54
Jul 22	3.31
Jun 22	3.01
Jun 22	3.12
Jun 22	3.52
Jun 22	3.74
May 22	3.64
May 22	3.32
May 22	3.56
May 22	3.75
Apr 22	5.59
Apr 22	6.25
Apr 22	6.32
Apr 22	6.41
Apr 22	6.77
Mar 22	6.8
Mar 22	6.81
Mar 22	6.23
Mar 22	6.25
Feb 22	7.1
Feb 22	7.67
Feb 22	8.11
Feb 22	8.07
Jan 22	8.33
Jan 22	8.34
Jan 22	8.53

Price to Book

TCX Price to Book by year
Period	Price to Book
May 24	20.24
Apr 24	19.82
Apr 24	19.33
Apr 24	19.89
Apr 24	19.82
Mar 24	6.72
Mar 24	6.61
Mar 24	6.49
Mar 24	6.84
Mar 24	6.73
Feb 24	7.42
Feb 24	7.9
Feb 24	8.09
Feb 24	8.43
Jan 24	8.51
Jan 24	8.17
Jan 24	7.97
Jan 24	8.62
Dec 23	9.77
Dec 23	9.13
Dec 23	9.09
Dec 23	8.62
Dec 23	8.08
Nov 23	7.4
Nov 23	7.63
Nov 23	6.94
Nov 23	7.04
Oct 23	3.54
Oct 23	4.04
Oct 23	4.28
Oct 23	4.17
Sep 23	4.33
Sep 23	4.19
Sep 23	4.91
Sep 23	4.26
Sep 23	5.2
Aug 23	4.82
Aug 23	4.27
Aug 23	4.34
Aug 23	5.11
Jul 23	3.92
Jul 23	3.76
Jul 23	4.05
Jul 23	4.19
Jun 23	3.76
Jun 23	3.8
Jun 23	4.26
Jun 23	4.18
Jun 23	4.37
May 23	4.29
May 23	4.17
May 23	3.32
May 23	3.07
Apr 23	2.51
Apr 23	2.48
Apr 23	2.14
Apr 23	1.91
Mar 23	2.18
Mar 23	2.77
Mar 23	2.56
Mar 23	2.3
Mar 23	2.44
Feb 23	2.48
Feb 23	3.09
Feb 23	3.4
Feb 23	3.71
Jan 23	3.38
Jan 23	3.58
Jan 23	3.51
Jan 23	3.38
Dec 22	3.46
Dec 22	3.3
Dec 22	3.17
Dec 22	3.23
Dec 22	3.2
Nov 22	3.18
Nov 22	3.15
Nov 22	3.66
Nov 22	3.41
Oct 22	4.26
Oct 22	4.43
Oct 22	4.13
Oct 22	3.8
Sep 22	3.55
Sep 22	3.77
Sep 22	3.81
Sep 22	4.24
Sep 22	4.25
Aug 22	4.7
Aug 22	4.98
Aug 22	4.89
Aug 22	4.24
Jul 22	4.33
Jul 22	4.47
Jul 22	4.15
Jul 22	4.45
Jul 22	4.16
Jun 22	3.79
Jun 22	3.92
Jun 22	4.42

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News: TCX

zacks.com · 14 Aug 2026

TCX Q2 Loss Widens Y/Y Despite Revenue Growth & Strong Ting Gains

Tucows' Q2 revenues rise 2.1% y/y and Ting's EBITDA turns positive, but higher professional fees and legacy mobile costs widen the net loss.

seekingalpha.com · 11 Aug 2026

Tucows Inc. (TCX) Q2 2026 Earnings Call Prepared Remarks Transcript

marketbeat.com · 7 Aug 2026

Tucows Q2 Earnings Call Highlights

Tucows NASDAQ: TCX reported higher second-quarter revenue and gross profit, supported by a sharp improvement at its Ting fiber business, while adjusted EBITDA declined modestly from a year earlier amid higher professional fees, weaker Wavelo profitability and continued pressure from its legacy mobile operations.

prnewswire.com · 6 Aug 2026

Tucows Posts Solid Results in Second Quarter 2026

TORONTO, Aug. 6, 2026 /PRNewswire/ -- Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, today reported its unaudited financial results for the second quarter ended June 30, 2026. All figures are in U.S. dollars.

prnewswire.com · 23 Jul 2026

Tucows Announces Timing for Q2 2026 Financial Results News Release and Management Commentary

TORONTO, July 23, 2026 /PRNewswire/ -- Tucows Inc. (NASDAQ: TCX) (TSX: TC) today announced that it will report its financial results for the second quarter ended June 30, 2026, via news release on Thursday, August 6, 2026 at 5:05 p.m. ET. Concurrent with the dissemination of its quarterly financial results news release at 5:05 p.m.