Company Overview
Tucows Inc. provides domain name registration, email, and other internet related services in North America and Europe. It operates through three segments: Ting, Wavelo, and Tucows Domains. The Ting segment provides gigabit fiber and fixed wireless internet services to consumer and business customers. The Wavelo segment offers full-service platforms and professional services that support communication services providers, including subscription and billing management, network orchestration and provisioning, and individual developer tools, as well as billing solutions to internet services providers under the Platypus brand. The Tucows Domains segment provides wholesale and retail domain name registration services under the OpenSRS, eNom, Ascio, EPAG, and Hover brands, as well as value added services, such as hosted email, internet security services, WHOIS privacy, and other value-added services. The company offers its services primarily through an internet-based distribution network of internet service providers, web hosting companies, and other providers of internet services to end-users. Tucows Inc. was founded in 1992 and is headquartered in Toronto, Canada.
Why Investors Should Care
Generates a return on equity of 46.2%, reflecting efficient use of shareholder capital.
Recent Developments
- Dec 2025 Revenue of $390.30M (+7.7% YoY); net profit $-75.82M.
- Trailing 12 Months Year-on-year growth — revenue +2.2%.
- 5-Year Trend Long-term compounding — revenue CAGR 9.9%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 9.88% |
| 1 Year: | 2.20% |
Stock Price Performance
| 1 Year: | -48.23% |
| 6 Months: | -39.80% |
| 3 Months: | -21.70% |
| 1 Month: | -24.09% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)48.75 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 46.2%.
CONS
- Trading 57.1% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TCX Tucows Inc. R2KTECH | 10.68 | -1.50 | $119.07M | 0.00% | -5.86% | 46.17% | 9.88% | - |
| 2 | NVDA NVIDIA Corporation NDXSPXR3KAITECH | 230.36 | 35.28 | $5.58T | 0.46% | 74.66% | 114.29% | 24.64% | 32.12% |
| 3 | AAPL Apple Inc. NDXSPXR3KTECH | 319.97 | 36.69 | $4.67T | 0.35% | 68.72% | 148.75% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXR3KAITECH | 499.70 | 27.85 | $3.71T | 0.73% | 26.33% | 34.04% | 9.93% | 11.90% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AITECH | 426.34 | 37.46 | $2.21T | 0.91% | 30.20% | 39.97% | 18.94% | 19.57% |
| 6 | AVGO Broadcom Inc. NDXSPXR3KAITECH | 357.90 | 59.55 | $1.70T | 0.62% | 16.70% | 37.28% | 17.04% | 54.08% |
| 7 | MU Micron Technology, Inc. NDXSPXR3KAITECH | 1,016.59 | 22.97 | $1.15T | 0.06% | 13.69% | 66.64% | 13.68% | 26.02% |
| 8 | AMD Advanced Micro Devices, Inc. NDXSPXR3KAITECH | 477.57 | 122.14 | $779.62B | 0.00% | 5.47% | 10.20% | 11.81% | 66.28% |
| 9 | ASML ASML Holding N.V. NDXAITECH | 1,714.88 | 58.49 | $658.69B | 0.53% | 42.97% | 53.94% | 15.55% | 19.55% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2015 | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 81.10M | 83.08M | 78.05M | 80.43M | 84.98M | 86.97M | 87.46M | 89.42M | 92.30M | - | - | - | - | - |
| Gross Profit | 12.85M | 13.79M | 14.35K | 15.64K | 16.64K | 16.42K | 16.94M | 21.35M | 20.49M | 25.74M | 22.62M | 22.16M | 24.26M | 27.73M | 22.65M | 24.51M | 27.57M | 26.05M | 25.15M | 22.97M | 19.94M | 17.43M | 17.45M | 18.24M | 18.02M | 24.58M | 21.20M | 22.05M | 17.99M | 14.06M | 18.03M | 16.75M | 18.32M | 20.81M | 22.19M | 23.53M | 22.11M | 24.18M | 24.13M | 25.78M |
| Operating Income | 3.88M | 5.07M | 6.26M | 6.14M | 7.24M | - | 3.06M | 7.07M | 5.97M | - | 5.70M | 5.71M | 7.65M | - | 5.03M | 5.75M | 8.60M | - | 5.17M | 1.54M | 1.31M | - | -1.13M | -2.03M | -3.22M | - | -4.85M | -4.43M | -9.38M | -17.28M | -13.10M | -17.17M | -16.52M | -8.60M | -10.05M | -2.03M | -2.88M | -9.58M | -4.31M | -5.46M |
| Net Income | 2.28M | 3.16M | 4.44K | 4.07K | 4.74K | 2.82K | 2.45M | 5.24M | 3.44M | 11.20M | 3.74M | 3.61M | 5.35M | 4.44M | 2.80M | 2.62M | 4.21M | 5.78M | 2.83M | 157.00K | 716.00K | 2.07M | 2.15M | 1.81M | 1.38M | -1.97M | -3.02M | -3.12M | -7.98M | -19.08M | -30.97M | -22.77M | -26.48M | -18.60M | -22.30M | -15.13M | -15.64M | -23.02M | -18.11M | -20.47M |
| Diluted EPS | 0.20 | 0.28 | 0.41 | 0.38 | 0.45 | 0.26 | 0.23 | 0.49 | 0.32 | 1.04 | 0.35 | 0.33 | 0.50 | 0.41 | 0.26 | 0.24 | 0.39 | 0.54 | 0.26 | 0.01 | 0.07 | 0.19 | 0.20 | 0.17 | 0.13 | -0.18 | -0.28 | -0.29 | -0.74 | -1.77 | - | - | - | - | - | - | - | - | - | -1.84 |
| R&D Expense | 1.19M | 1.10M | 1.18M | 998.65K | 1.27M | - | 1.69M | 1.80M | 1.91M | - | 2.10M | 2.35M | 2.21M | - | 2.52M | 2.75M | 2.88M | - | 2.75M | 3.07M | 3.16M | - | 3.13M | 3.17M | 3.74M | - | 3.77M | 3.46M | 2.98M | 4.82M | 4.58M | 4.82M | 5.02M | 4.52M | 4.62M | 4.41M | 4.34M | 4.68M | 4.43M | 4.86M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | 114.73M | 129.93M | 146.51M | 171.69M | 189.82M | 329.42M | 346.01M | 337.14M | 311.20M | 304.34M | 321.14M | 339.34M | 362.27M | 390.30M |
| Gross Profit | 21.21M | 20.10M | 23.30M | 26.21M | 31.43M | 39.39M | 52.06M | 63.05M | 84.52M | 96.77M | 100.78M | 85.48M | 78.29M | 78.25M | 66.67M | 83.03M | 93.95M |
| Operating Income | 7.72M | 2.44M | 3.13M | 6.09M | 6.15M | 9.64M | 18.02M | 25.05M | 27.08M | 29.32M | 29.34M | 6.92M | -7.77M | -31.66M | -63.65M | -65.01M | -23.48M |
| Net Income | 12.24M | 2.12M | 6.17M | 4.42M | 4.18M | 6.37M | 11.37M | 16.07M | 22.33M | 17.14M | 15.40M | 5.78M | 3.36M | -27.57M | -96.20M | -109.86M | -75.82M |
| Diluted EPS | 0.17 | 0.04 | 0.44 | 0.36 | 0.37 | 0.54 | 1.00 | 1.50 | 2.07 | 1.59 | 1.43 | 0.54 | 0.31 | -2.56 | -8.85 | - | - |
| R&D Expense | 4.55M | 4.58M | 4.87M | 4.30M | 4.16M | 4.31M | 4.50M | 4.50M | 7.26M | 8.75M | 9.72M | 12.43M | 14.31M | 14.19M | 19.22M | 18.63M | 17.81M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 101.48M | 115.69M | 118.77M | 121.35M | 125.80M | 129.13M | 154.41M | 350.65M | 339.57M | 425.92M | 451.90M | - | 664.75M | 798.43M | 758.80M | 730.91M |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 169.92M | 242.76M | 205.38M | 203.09M |
| Cash & Equivalents | 5.43M | 9.63M | 4.21M | 6.41M | 6.42M | 12.42M | 8.27M | 7.72M | 15.11M | 18.05M | 12.64M | 20.39M | 8.31M | - | 23.50M | 92.69M | 56.90M | 46.76M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.28M | 6.79M | 3.98M | 3.87M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18.40M | 22.21M | 20.88M | 24.49M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 568.09M | 788.55M | 854.10M | 895.11M |
| Current Liabilities | - | - | 55.81M | 63.24M | 70.79M | 73.44M | 69.53M | 78.26M | 84.43M | 178.56M | 165.35M | 156.91M | 162.97M | - | 188.19M | 201.34M | 199.85M | 330.43M |
| Long Term Debt | - | - | - | - | - | - | - | - | 10.73M | 77.75M | 65.16M | 114.40M | 122.40M | - | 238.93M | 433.25M | 482.07M | 481.18M |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 256.01M | 456.90M | 513.12M | 544.77M |
| Total Equity | - | 31.10M | 23.92M | 30.42M | 26.55M | 26.92M | 35.64M | 26.33M | 37.82M | 60.21M | 79.78M | 94.19M | 104.70M | - | 96.66M | 9.88M | -95.30M | -164.20M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10.82M | 10.90M | 11.01M | 11.11M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 6.47M | 6.77M | 5.89M | 6.34M | 8.70M | 8.88M | 16.78M | 22.51M | 31.90M | 37.21M | 40.38M | 36.08M | 29.64M | 19.88M | -4.77M | -19.75M | -5.76M |
| Investing Cash Flow | 3.27M | -589.05K | -3.24M | -488.24K | -1.35M | -8.91M | 3.29M | -14.45M | -94.11M | -29.68M | -76.09M | -53.28M | -101.98M | -137.49M | -92.58M | -56.49M | 2.16M |
| Financing Cash Flow | -5.53M | -11.61M | -439.32K | -5.85M | -1.36M | -4.11M | -20.62M | -680.00K | 65.16M | -12.94M | 43.46M | 5.12M | 73.14M | 132.01M | 178.84M | 44.50M | -5.39M |
| Capital Expenditure | -807.53K | -589.05K | -851.01K | -997.04K | -1.35M | -711.66K | -2.97M | -7.92M | -12.94M | -27.92M | -44.07M | -44.44M | -73.17M | -136.71M | -92.06M | -56.46M | -17.11M |
| Free Cash Flow | 5.66M | 6.18M | 5.03M | 5.35M | 7.36M | 8.17M | 13.81M | 14.59M | 18.96M | 9.29M | -3.69M | -8.36M | -43.54M | -116.83M | -96.83M | -76.20M | -22.87M |
| Share Buybacks | 2.92M | 9.71M | 18.44K | 9.12M | 6.54M | 1.18M | 23.62M | 7.18M | - | 0 | 4.99M | 3.28M | 0 | 0 | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | 22.8% | 24.2% | 26.9% | 30.3% | 33.2% | 25.7% | 28.0% | 29.9% | 27.5% | 25.7% | 24.4% | 19.6% | 22.9% | 24.1% |
| Operating Margin % | - | - | - | 5.3% | 4.7% | 6.6% | 10.5% | 13.2% | 8.2% | 8.5% | 8.7% | 2.2% | -2.6% | -9.9% | -18.8% | -17.9% | -6.0% |
| Net Margin % | - | - | - | 3.9% | 3.2% | 4.4% | 6.6% | 8.5% | 6.8% | 5.0% | 4.6% | 1.9% | 1.1% | -8.6% | -28.3% | -30.3% | -19.4% |
| ROE % | 39.4% | 8.8% | 20.3% | 16.7% | 15.5% | 17.9% | 43.2% | 42.5% | 37.1% | 21.5% | 16.3% | 5.5% | - | -28.5% | -974.1% | 115.3% | 46.2% |
| ROCE % | - | 5.4% | 6.0% | 12.7% | 12.8% | 17.1% | 35.4% | 35.8% | 15.7% | 16.8% | 10.9% | 2.4% | - | -6.6% | -10.7% | -11.6% | -5.9% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Edgepoint Investment Group Inc. | 18.95% | 2.12M | $21.44M |
| 2 | Blacksheep Fund Management Ltd | 9.77% | 1.09M | $11.05M |
| 3 | Blackrock Inc. | 5.03% | 561.95K | $5.69M |
| 4 | Universal- Beteiligungs- und Servicegesellschaft mbH | 4.88% | 545.87K | $5.52M |
| 5 | Vanguard Capital Management LLC | 3.15% | 351.80K | $3.56M |
| 6 | Geode Capital Management, LLC | 1.77% | 197.90K | $2.00M |
| 7 | State Street Corporation | 1.67% | 186.52K | $1.89M |
| 8 | Baader Bank Aktiengesellschaft | 1.46% | 163.20K | $1.65M |
| 9 | Axxion S.a. | 1.24% | 139.11K | $1.41M |
| 10 | Renaissance Technologies, LLC | 1.15% | 128.95K | $1.30M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for TCX
Tucows Stock Price Forecast. Should You Buy TCX? - StockInvest.us
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(TCX) Risk Channels and Responsive Allocation - Stock Traders Daily
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TCX Q2 Loss Widens Y/Y Despite Revenue Growth & Strong Ting Gains - Yahoo Finance
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Tucows opens a seven-day question window after Q2 results - Stock Titan
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Tucows amends credit facility, resolves Ting Fiber disputes - The Globe and Mail
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Tucows stock pops nearly 50% on debt news - Domain Name Wire
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TCX — Frequently Asked Questions
What is the current share price of Tucows Inc. (TCX)?
As of 2026-09-07 16:24 PDT, Tucows Inc. (TCX) trades at $10.68 on NasdaqCM. Its 52-week range is $8.57 to $24.90.
What is the market capitalisation of TCX?
Tucows Inc. (TCX) has a market capitalisation of $119.07M on NasdaqCM.
What is the P/E ratio of TCX?
TCX trades at a trailing price-to-earnings (P/E) ratio of -1.50. The industry average P/E is 32.42. Its price-to-book (P/B) ratio is -0.96.
What is the return on equity (ROE) of TCX?
TCX has a return on equity (ROE) of 46.17%. Its return on capital employed (ROCE) is -5.86%.
Is TCX a good stock to buy?
This page provides a data-driven analysis of Tucows Inc. (TCX), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.