# Tucows Inc: overview

TCX · Nasdaq · CIK 909494 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/tcx.md) · [Financials](/companies/tcx/financials.md) · [Filings](/companies/tcx/filings.md) · [Insiders](/companies/tcx/insiders.md)

Latest reported revenue: [$100.6m](/filings/0000909494-26-000003.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0000909494-26-000003).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [92.3](/filings/0001437749-24-033982.md) | [93.1 d](/filings/0001437749-25-007558.md) | [94.6](/filings/0001437749-26-015656.md) | [98.5](/filings/0000909494-26-000003.md) | [98.6](/filings/0001437749-25-033639.md) | [98.7 d](/filings/0001437749-26-008009.md) | [96.7](/filings/0001437749-26-015656.md) | [101](/filings/0000909494-26-000003.md) |
| Gross margin | % | [24.0%](/filings/0001437749-25-033639.md) | [23.3% d](/filings/0001437749-26-008009.md) | [24.9%](/filings/0001437749-26-015656.md) | [22.5%](/filings/0000909494-26-000003.md) | [24.5%](/filings/0001437749-25-033639.md) | [24.5% d](/filings/0001437749-26-008009.md) | [25.0%](/filings/0001437749-26-015656.md) | [25.6%](/filings/0000909494-26-000003.md) |
| Operating margin | % | [(10.9%)](/filings/0001437749-25-033639.md) | [(32.1%) d](/filings/0001437749-26-008009.md) | [(2.1%)](/filings/0001437749-26-015656.md) | [(2.9%)](/filings/0000909494-26-000003.md) | [(9.7%)](/filings/0001437749-25-033639.md) | [(9.1%) d](/filings/0001437749-26-008009.md) | [(4.5%)](/filings/0001437749-26-015656.md) | [(5.4%)](/filings/0000909494-26-000003.md) |
| Net margin | % | [(24.2%)](/filings/0001437749-25-033639.md) | [(45.6%) d](/filings/0001437749-26-008009.md) | [(16.0%)](/filings/0001437749-26-015656.md) | [(15.9%)](/filings/0000909494-26-000003.md) | [(23.4%)](/filings/0001437749-25-033639.md) | [(22.3%) d](/filings/0001437749-26-008009.md) | [(18.7%)](/filings/0001437749-26-015656.md) | [(20.4%)](/filings/0000909494-26-000003.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | [(1.41)](/filings/0000909494-26-000003.md) | not reported | not reported | not reported | [(1.84)](/filings/0000909494-26-000003.md) |
| Free cash flow | $m | [(19.1)](/filings/0001437749-25-033639.md) | [(16.5) d](/filings/0001437749-26-008009.md) | [(16.7)](/filings/0001437749-26-015656.md) | [3.1](/filings/0000909494-26-000003.md) | [(2.3)](/filings/0001437749-25-033639.md) | [(7.0) d](/filings/0001437749-26-008009.md) | [(2.0)](/filings/0001437749-26-015656.md) | [(3.1)](/filings/0000909494-26-000003.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [304](/filings/0001437749-24-010358.md) | [321](/filings/0001437749-25-007558.md) | [339](/filings/0001437749-25-007558.md) | [362](/filings/0001437749-25-007558.md) | [390](/filings/0001437749-26-008009.md) |
| Gross margin | % | [25.7%](/filings/0001437749-24-010358.md) | [24.4%](/filings/0001437749-25-007558.md) | [19.6%](/filings/0001437749-26-008009.md) | [22.9%](/filings/0001437749-26-008009.md) | [24.1%](/filings/0001437749-26-008009.md) |
| Operating margin | % | [(2.6%)](/filings/0001437749-24-010358.md) | [(9.9%)](/filings/0001437749-25-007558.md) | [(18.8%)](/filings/0001437749-26-008009.md) | [(17.9%)](/filings/0001437749-26-008009.md) | [(6.0%)](/filings/0001437749-26-008009.md) |
| Net margin | % | [1.1%](/filings/0001437749-24-010358.md) | [(8.6%)](/filings/0001437749-25-007558.md) | [(28.3%)](/filings/0001437749-26-008009.md) | [(30.3%)](/filings/0001437749-26-008009.md) | [(19.4%)](/filings/0001437749-26-008009.md) |
| Diluted EPS | $ per share | [0.31](/filings/0001437749-24-010358.md) | [(2.56)](/filings/0001437749-24-010358.md) | [(8.85)](/filings/0001437749-24-010358.md) | not reported | not reported |
| Free cash flow | $m | [(43.5)](/filings/0001437749-24-010358.md) | [(117)](/filings/0001437749-25-007558.md) | [(96.8)](/filings/0001437749-26-008009.md) | [(76.2)](/filings/0001437749-26-008009.md) | [(22.9)](/filings/0001437749-26-008009.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/tcx/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [EdgePoint Investment Group Inc.](/funds/1481669.md) | 2026-06-30 | $28.7m | 2,118,575 |  | Unchanged |
| [Blacksheep Fund Management Ltd](/funds/1800249.md) | 2026-06-30 | $14.7m | 1,091,985 |  | Unchanged |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $7.6m | 561,950 |  | Added +45,787 |
| [Universal- Beteiligungs- und Servicegesellschaft mbH](/funds/2057170.md) | 2026-06-30 | $7.4m | 545,873 |  | Added +12,000 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $4.7m | 351,800 |  | Reduced −9,444 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $2.7m | 197,896 |  | Reduced −654 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $2.5m | 186,518 |  | Added +2,034 |
| [Baader Bank Aktiengesellschaft](/funds/1542629.md) | 2026-06-30 | $2.2m | 163,200 |  | Reduced −70 |
| [Axxion S.A.](/funds/2030181.md) | 2026-06-30 | $1.9m | 139,110 |  | Not compared |
| [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $1.7m | 128,951 |  | Reduced −6,900 |

## Recent filings

[All 1,107 filings](/companies/tcx/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-22 | 07:31 ET | [8-K](/filings/0000909494-26-000006.md) | 1.01 Entry into a material agreement; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000909494-26-000006 |
| 2026-08-06 | 17:01 ET | [10-Q](/filings/0000909494-26-000003.md) | Quarterly report, period 2026-06-30 | 0000909494-26-000003 |
| 2026-07-30 | 17:05 ET | [8-K](/filings/0001437749-26-025099.md) | 1.01 Entry into a material agreement; 1.02 Termination of a material agreement | 0001437749-26-025099 |
| 2026-06-04 | 17:02 ET | [8-K](/filings/0001437749-26-019571.md) | 5.07 Shareholder vote results | 0001437749-26-019571 |
| 2026-05-07 | 17:01 ET | [10-Q](/filings/0001437749-26-015656.md) | Quarterly report, period 2026-03-31 | 0001437749-26-015656 |
| 2026-04-23 | 20:50 ET | [DEF 14A](/filings/0001437749-26-013073.md) | Proxy statement, period 2026-06-02 | 0001437749-26-013073 |
| 2026-03-12 | 17:02 ET | [10-K](/filings/0001437749-26-008009.md) | Annual report, period 2025-12-31 | 0001437749-26-008009 |
| 2026-02-12 | 17:07 ET | [8-K](/filings/0001437749-26-003960.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001437749-26-003960 |
| 2025-12-05 | 17:23 ET | [8-K](/filings/0001437749-25-037049.md) | 2.04 Item not in the standard list | 0001437749-25-037049 |
| 2025-11-06 | 17:01 ET | [10-Q](/filings/0001437749-25-033639.md) | Quarterly report, period 2025-09-30 | 0001437749-25-033639 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001437749-26-008009.md), filed Mar 12, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/1f5dc300-dbfa-400f-b4ff-c444d5d9dc04)

## About the filer

- CIK: 909494
- Tickers: TCX
- Exchange: Nasdaq
- SIC code: 7374 Services-Computer Processing & Data Preparation
- State of incorporation: PA
- Filer category: Accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 09:55 ET. No prices; not investment advice.