Stocks Technology TCX
NASDAQ · TechnologyTucows Inc (TCX)
Tucows Inc brought in $395.9M of revenue over the twelve months to September 30, 2026, up 2.9% from a year earlier. It posted a net loss of $70.9M. In fiscal 2025 capital spending exceeded operating cash flow by $22.9M. At September 30, 2026 it held $24.8M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about Tucows Inc
- Net worth
- Tucows Inc has a market value (market cap) of $151.2M at the latest share price, and shareholders' equity of -$210.2M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $390.3M (+7.7% year on year), with a net loss of $75.8M. Over the 12 months to September 30, 2026: revenue $395.9M, net loss $70.9M.
- Cash flow
- In fiscal 2025 operations used $5.8M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Tucows Inc's next report is expected around May 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Tucows Inc does
Tucows Inc is registered with the SEC under industry code SIC 7374 (Services-Computer Processing & Data Preparation). Its shares trade on NASDAQ under the ticker TCX.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $390.3M | -$75.8M | -$6.85 | -$22.9M |
| 2024 | $362.3M | -$109.9M | -$10.02 | -$76.2M |
| 2023 | $339.3M | -$96.2M | -$8.85 | -$96.8M |
| 2022 | $321.1M | -$27.6M | -$2.56 | -$116.8M |
| 2021 | $304.3M | $3.4M | $0.31 | -$43.5M |
| 2020 | $311.2M | $5.8M | $0.54 | -$8.4M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where TCX ranks in Technology
Latest SEC filings
What Tucows Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 1.4% to $100M versus the same quarter last year; diluted EPS -$0.92 versus -$2.08.
- October 27, 2026Passive stake (5% or more) SCHEDULE 13G
- October 22, 2026
- August 7, 2026
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 2.1% to $100.6M versus the same quarter last year; diluted EPS -$1.84 versus -$1.41.
- July 30, 2026
- June 4, 2026
- May 7, 2026Quarterly report 10-Q · period to March 31, 2026Revenue rose 2.2% to $96.7M versus the same quarter last year; diluted EPS -$1.63 versus -$1.37.
- April 23, 2026
Insider trades
What the people running Tucows Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| December 24, 2025 | Noss ElliotDirector | Gave as a gift | 20,250 | - |
Who owns TCX
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Norman Rentrop13G, passive | 12.8% | January 7, 2025 |
| Blacksheep Fund Management Ltd.13G, passive with 3 related filers | 9.9% | May 15, 2025 |
| Monega Kapitalanlagegesellschaft mbH13G, passive with 7 related filers | 5.4% | May 15, 2025 |
| Universal-Investment-Gesellschaft mbH13G, passive | 5% | October 27, 2026 |
Largest institutional holders
Insiders
1 insiders reported holding 423,048 shares in total, about $5.7M at the last price.
| Holder | Shares |
|---|---|
| Noss ElliotDirector | 423,048 |
Questions about TCX
What does Tucows Inc do?
Tucows Inc is a company in the Technology sector, listed on NASDAQ as TCX. Its shares trade on NASDAQ under the ticker TCX.
What is Tucows Inc's net worth?
Tucows Inc has a market value (market cap) of $151.2M at the latest share price, and shareholders' equity of -$210.2M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Tucows Inc profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $70.9M on revenue of $395.9M.
How much revenue does Tucows Inc make?
Over the twelve months to September 30, 2026 Tucows Inc reported revenue of $395.9M. That is 2.9% more than a year earlier.
When did Tucows Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026.
When is Tucows Inc's next earnings report?
Tucows Inc's next report is expected around May 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Tucows Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.