Tucows Inc. (TCX)

Q: When does TCX report earnings?

Tucows Inc. (TCX) is expected to report earnings on Feb 10, 2027.

Q: Does TCX pay dividends?

Tucows Inc. (TCX) does not currently pay a regular dividend.

Q: What is TCX's market cap?

Tucows Inc. (TCX) has a market capitalization of $133.29M with a current stock price of $12.69.

Official site

TECHNOLOGY • SOFTWARE - INFRASTRUCTURE • NASDAQ

$12.69

+0.77 (+6.46%)

Market Cap: $133.29M

Last updated: Nov 06, 2026 at 4:10 PM ET

Earnings

Performance (10Y)

Beat Rate

30%(8/27)

Avg Surprise

-20.93%

Last 12 of 40 reported quarters

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Sep 30, 2026Sep 26 Reported Nov 5, 2026Reported Nov 5	$-0.52	N/A	-	N/A	Beat	-	-	+75.0%
Jun 30, 2026Jun 26 Reported Aug 6, 2026Reported Aug 6	$-1.57	N/A	-	N/A	Beat	-	-	-11.3%
Mar 31, 2026Mar 26 Reported May 7, 2026Reported May 7	$-1.63	N/A	-	N/A	Beat	-	-	-18.7%
Dec 31, 2025Dec 25 Reported Feb 12, 2026Reported Feb 12	$-1.73	N/A	-	N/A	Beat	-	-	+55.1%
Sep 30, 2025Sep 25 Reported Nov 6, 2025Reported Nov 6	$-2.08	$0.00	-	N/A	Miss	-	-	-2.3%
Jun 30, 2025Jun 25 Reported Aug 7, 2025Reported Aug 7	$-1.41	N/A	-	N/A	Beat	-	-	+17.0%
Mar 31, 2025Mar 25 Reported May 8, 2025Reported May 8	$-1.37	N/A	-	N/A	Beat	-	-	+43.4%
Dec 31, 2024Dec 24 Reported Feb 13, 2025Reported Feb 13	$-3.86	N/A	-	N/A	Beat	0	No revisions (30d)	-79.9%
Sep 30, 2024Sep 24 Reported Nov 7, 2024Reported Nov 7	$-2.03	N/A	-	N/A	Beat	-	-	+6.0%
Jun 30, 2024Jun 24 Reported Aug 8, 2024Reported Aug 8	$-1.70	N/A	-	N/A	Beat	-	-	+40.6%
Mar 31, 2024Mar 24 Reported May 9, 2024Reported May 9	$-2.42	$-2.42	$-2.42 - $-2.42	-0.19%	Miss	0	No revisions (30d)	-37.0%
Dec 31, 2023Dec 23 Reported Feb 22, 2024Reported Feb 22	$-2.14	$-2.14	$-2.14 - $-2.14	-0.17%	Miss	0	No revisions (30d)	-78.6%

Key Metrics

Valuation
P/E Ratio	-2.33	EV/EBITDA	14.75x
Price/FCF	-6.51x	FCF Yield	-15.35%
Profitability
Profit Margin	-21.20%	Operating Margin	-5.14%
ROE	-1012.00%	ROIC	-3.22%
Financial Health
Debt/Equity	-2.27x	Interest Coverage	N/A
Current Ratio	0.50x	Quick Ratio	0.50x
Trading Statistics
Beta	0.89	Avg Volume	93.43K
52-Week High	$25.17	52-Week Low	$8.45

Technical Indicators Dashboard

Moving Averages

SMA 10$11.39

SMA 20$10.70

SMA 50$10.36

SMA 200$13.92

EMA 10$11.64

EMA 20$11.06

EMA 50$10.73

EMA 200$13.30

MACD

Line: 0.61Signal: 0.36Hist: 0.24

ADX

ADX: 25.5+DI: 30.5-DI: 14.5

Aroon & PSAR

Aroon Up92.0

Aroon Down24.0

PSAR$11.19

Bollinger Bands

Upper Band$13.21

Lower Band$8.20

%B Position4680%(Upper)

Band Width0.90

RSI (14-Day)

Neutral

63.8

Momentum Oscillators

Stoch %K77.9

Stoch %D82.8

Williams %R-15.3

ROC (10d)5.9%

Momentum0.71

CCI (20d)118.2

MFI (14d)73.5

Volatility Measures

ATR (14d)$0.97(7.7%)

StdDev (20d)1.25

Hist Vol131.2%(High)

Volume Flow

VWAP$12.35

OBV182.3K

AD Line-779.8K

CMF (20d)0.155

Volume Metrics

Avg Vol (20d)99.3K

Vol Ratio0.7x

VWMA (20d)$10.67

Pivot Points

R3$13.37

R2$12.98

R1$12.45

Pivot Point$12.06

S1$11.53

S2$11.14

S3$10.61

Advanced Oscillators

TSI18.00

Ultimate Osc65.3

KST139.60

Financial Data

Quarter	Sep 2026	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023
Total Revenue	$99.97M	$100.56M	$96.66M	$98.67M	$98.56M	$98.46M	$94.61M	$93.10M	$92.30M	$89.42M	$87.46M	$86.96M
Cost of Revenue	$70.85M	$74.77M	$72.53M	$74.54M	$74.38M	$76.35M	$71.08M	$71.38M	$70.11M	$68.61M	$69.14M	$69.14M
Gross Profit	$29.13M	$25.78M	$24.13M	$24.13M	$24.18M	$22.11M	$23.53M	$21.71M	$22.19M	$20.81M	$18.32M	$17.82M

Operating Expenses	$28.83M	$31.24M	$28.44M	$33.13M	$33.76M	$24.99M	$25.56M	$51.56M	$32.23M	$29.41M	$34.84M	$33.92M
R&D	$4.82M	$4.86M	$4.43M	$4.38M	$4.68M	$4.34M	$4.41M	$4.47M	$4.62M	$4.52M	$5.02M	$5.00M
SG&A	$11.54M	$13.10M	$9.83M	$14.32M	$9.65M	$9.66M	$9.24M	$6.58M	$11.48M	$9.19M	$9.82M	$7.78M
Operating Income	$298,000	$-5,456,000	$-4,307,000	$-8,994,000	$-9,577,000	$-2,879,000	$-2,033,000	$-29,850,000	$-10,047,000	$-8,597,000	$-16,519,000	$-16,101,000

Interest Income	$-10,689,000	$-14,450,000	$-13,865,000	$-14,139,000	$-13,901,000	$-13,621,000	$-13,613,000	$-13,748,000	$-13,095,000	$-12,553,000	$-11,879,000	$0
Interest Expense	$8.58M	$11.88M	$11.41M	$11.41M	$10.99M	$10.49M	$10.93M	$10.71M	$9.18M	$8.79M	$8.19M	$-7,880,000
Income Before Tax	$-8,285,000	$-17,341,000	$-15,715,000	$-20,408,000	$-20,563,000	$-13,372,000	$-12,967,000	$-40,557,000	$-19,223,000	$-17,384,000	$-24,710,000	$-24,690,000
Income Tax Expense	$1.99M	$3.13M	$2.39M	$1.62M	$2.46M	$2.27M	$2.17M	$1.92M	$3.07M	$1.22M	$1.77M	$-1,316,000

Net Income	$-10,273,000	$-20,471,000	$-18,107,000	$-22,030,000	$-23,019,000	$-15,637,000	$-15,133,000	$-42,475,000	$-22,297,000	$-18,604,000	$-26,484,000	$-23,374,000

EBITDA	$14.43M	$9.31M	$10.28M	$6.33M	$5.99M	$13.08M	$13.48M	$-13,786,000	$5.77M	$7.62M	$-98,000	$2.02M
EBIT	$2.40M	$-2,891,000	$-1,850,000	$-6,269,000	$-6,662,000	$249,000	$646,000	$-26,809,000	$-6,128,000	$-4,831,000	$-12,831,000	$-12,039,000

* Some calculated fields are derived from available data when not provided by source

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News

Operating cash flow turns negative as Tucows (TCX) narrows its Q3 loss.

Tucows Inc. (TCX) reported a narrowed net loss of $10.3 million in Q3 2026, down from $23.0 million a year earlier, with revenue increasing to $99.975 million from $98.558 million. Despite improved gross profit...

Stock Titan•Nov 5, 2026 5:52 PM ET11/5/26•Somewhat-Bullish

A one-time mobile contract change was the main driver of Q3 gross profit growth at Tucows (TCX).

Tucows Inc. (TCX) reported a 20.5% year-over-year increase in Q3 2026 gross profit to $29.1 million, primarily driven by a non-recurring mobile contract re-rate within its Corporate segment and Ting growth. Revenue rose...

Stock Titan•Nov 5, 2026 5:52 PM ET11/5/26•Somewhat-Bullish

Tucows Reports Q3 2026 Results: $100M Revenue and 39.8% Increase in Adjusted EBITDA

Tucows Inc. announced its unaudited financial results for the third quarter of 2026, reporting consolidated net revenue of $100.0 million and Adjusted EBITDA of $18.6 million. The company saw a 1.4% year-over-year...

Kalkine Media•Nov 5, 2026 4:28 PM ET11/5/26•Bullish

A passive investor reports ownership of 560,873 shares in Tucows (TCX).

Universal Investment GmbH has reported a 5.0% beneficial ownership stake in Tucows Inc. (TCX), totaling 560,873 common shares. This disclosure, made via a SCHEDULE 13G SEC filing...

Stock Titan•Oct 27, 2026 10:10 AM ET10/27/26•Neutral

TCX Valuation and Fair Value

P/E: -2.3x
Forward P/E: 30.5x
EV/EBITDA: 14.7x
P/FCF: -6.5x
PEG: 1.9x
P/B: -0.7x

See GNG's fair value

TCX Profitability: Margins, ROIC and FCF

Gross margin: 26.1%
Operating margin: -5.1%
Net margin: -21.2%
ROIC: -3.2%
ROE: -1012.0%
FCF margin: -5.5%
FCF yield: -15.4%

TCX Competitors

Company	Ticker
QuickLogic Corporation	QUIK
Canaan Inc	CAN
BitVentures Limited	BVC
ZenaTech Inc.	ZENA
USBC, Inc.	USBC
Santech Holdings Limited	STEC
Xerox Corp	XRX
ReposiTrak	TRAK

Sector: Technology

TCX Bull Case vs Bear Case

Bear case

TCX has a -21.2% net profit margin.
TCX beat EPS estimates in 12.5% of its last 8 reported quarters.

TCX Earnings: Beat Rate and Next Report

Beat rate: 1 of 8 quarters (12.5%)
Average surprise: -0.5%

TCX Earnings Date

TCX reports Feb 10, 2027, after the close. The date is estimated.

TCX Earnings Call

The latest TCX earnings call transcript on file is labeled 2026Q1.

Read the 2026Q1 transcript

TCX ETF Holders

GNG tracks 6 ETFs that hold TCX. The largest weights:

Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX), <0.01% of the fund
Dimensional U.S. Core Equity 2 ETF (DFAC), <0.01% of the fund
iShares Russell 2000 ETF (IWM), <0.01% of the fund
Schwab U.S. Broad Market ETF (SCHB), <0.01% of the fund
Vanguard Morningstar Total Stock Market ETF (VTI), <0.01% of the fund

Open the ETF Stock Exposure tool for TCX

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Frequently Asked Questions About TCX

When does TCX report earnings?