Tucows Inc. (TCX)
Nasdaq · Services-Computer Processing & Data Preparation · Services · CIK 909494 · fiscal year ends in Dec
Closing price $10.88 on 30 Oct 2026; 52-week range $8.52 to $24.90.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $394.4M
- Revenue growth
- 4.2%
- Net income, last twelve months
- -$83.6M
- Earnings per share
- -$7.54
- Gross margin
- 24.9%
- Operating margin
- -7.2%
- Net margin
- -21.2%
- Free cash flow
- -$14.4M
- Market value
- $121.4M
- Cash
- $44.2M
- Debt
- $483.4M
- Shares outstanding
- 11.2M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $390.3M | -$23.5M | -$75.8M | -$6.85 | -$22.9M | 10-K filed 12 Mar 2026 |
| FY2024 | 31 Dec 2024 | $362.3M | -$65.0M | -$109.9M | -$10.02 | -$76.2M | 10-K filed 13 Mar 2025 |
| FY2023 | 31 Dec 2023 | $339.3M | -$63.7M | -$96.2M | -$8.85 | -$96.8M | 10-K filed 1 Apr 2024 |
| FY2022 | 31 Dec 2022 | $321.1M | -$31.7M | -$27.6M | -$2.56 | -$116.8M | 10-K filed 15 Mar 2023 |
| FY2021 | 31 Dec 2021 | $304.3M | -$7.8M | $3.4M | $0.31 | -$43.5M | 10-K filed 15 Mar 2023 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $100.6M | -$20.5M | -$1.84 |
| Q1 FY2026 | 31 Mar 2026 | $96.7M | -$18.1M | -$1.63 |
| Q4 FY2025 | 31 Dec 2025 | $98.7M | -$22.0M | -$1.99 |
| Q3 FY2025 | 30 Sep 2025 | $98.6M | -$23.0M | -$2.08 |
| Q2 FY2025 | 30 Jun 2025 | $98.5M | -$15.6M | -$1.41 |
| Q1 FY2025 | 31 Mar 2025 | $94.6M | -$15.1M | -$1.37 |
| Q4 FY2024 | 31 Dec 2024 | $93.1M | -$42.5M | -$3.87 |
| Q3 FY2024 | 30 Sep 2024 | $92.3M | -$22.3M | -$2.03 |
Company events
The newest 8-K filings of 194 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 22 Oct 2026 | 8-K | Material agreement, Investor update | 1.01, 7.01, 9.01 |
| 30 Jul 2026 | 8-K | Material agreement, Agreement ended | 1.01, 1.02 |
| 4 Jun 2026 | 8-K | Shareholder vote | 5.07 |
| 12 Feb 2026 | 8-K | Results | 2.02, 9.01 |
| 5 Dec 2025 | 8-K | Debt accelerated | 2.04 |
| 10 Sep 2025 | 8-K | Other events | 8.01, 9.01 |
| 22 May 2025 | 8-K | Shareholder vote | 5.07 |
| 10 Apr 2025 | 8-K | Leadership change | 5.02, 9.01 |
| 27 Mar 2025 | 8-K | Director nominations | 5.08 |
| 13 Mar 2025 | 8-K/A | Results | 2.02, 9.01 |
| 14 Feb 2025 | 8-K | Results | 2.02, 9.01 |
| 14 Feb 2025 | 8-K | Other events | 8.01, 9.01 |
Every filing
The newest filings with the SEC of 528 held.
| Filed | Form | Period |
|---|---|---|
| 22 Oct 2026 | 8-K | 21 Oct 2026 |
| 7 Aug 2026 | S-8 | – |
| 6 Aug 2026 | 10-Q | 30 Jun 2026 |
| 30 Jul 2026 | 8-K | 27 Jul 2026 |
| 4 Jun 2026 | 8-K | 2 Jun 2026 |
| 7 May 2026 | 10-Q | 31 Mar 2026 |
| 23 Apr 2026 | ARS | 31 Dec 2025 |
| 23 Apr 2026 | DEF 14A | 2 Jun 2026 |
| 22 Apr 2026 | DEFC14A | – |
| 12 Mar 2026 | 10-K | 31 Dec 2025 |
| 12 Feb 2026 | 8-K | 12 Feb 2026 |
| 5 Dec 2025 | 8-K | 1 Dec 2025 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 27 Oct 2026 | Universal-Investment-Gesellschaft mbH | 13G | 5% | 560.9K |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 883.6K | -0.09% | 16.74 |
| 30 Sep 2026 | 884.4K | -4.14% | 13.36 |
| 15 Sep 2026 | 922.6K | -8.29% | 14.12 |
| 31 Aug 2026 | 1.0M | +19.17% | 12.52 |
| 14 Aug 2026 | 844.2K | +2.76% | 8.97 |
| 31 Jul 2026 | 821.5K | +1.31% | 5.79 |
| 15 Jul 2026 | 810.9K | +20.78% | 12.69 |
| 30 Jun 2026 | 671.4K | +5.1% | 15.38 |
Funds that hold it
From each fund's latest Form 13F.
76 funds held it at 30 Jun 2026: 38 added and 16 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| EdgePoint Investment Group Inc. | 2,118,575 | $28.7M | 0 |
| Blacksheep Fund Management Ltd | 1,091,985 | $14.7M | 0 |
| BlackRock, Inc. | 561,950 | $7.6M | +45,787 |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 545,873 | $7.4M | +12,000 |
| Vanguard Capital Management LLC | 351,800 | $4.7M | -9,444 |
| Geode Capital Management, LLC | 197,896 | $2.7M | -654 |
| State Street Corp. | 186,518 | $2.5M | +2,034 |
| Baader Bank Aktiengesellschaft | 163,200 | $2.2M | -70 |
| Axxion S.A. | 139,110 | $1.9M | – |
| Renaissance Technologies LLC | 128,951 | $1.7M | -6,900 |
Peers
Companies in the same industry.
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- Workday, Inc. (WDAY): revenue $10.2B, market value $48.7B
- Verisk Analytics, Inc. (VRSK): revenue $3.1B, market value $25.6B
- Toast, Inc. (TOST): revenue $6.8B, market value $18.3B
- Reddit, Inc. (RDDT): revenue $3.1B, market value $17.7B
- Hinge Health, Inc. (HNGE): revenue $720.1M, market value $9.2B
- SharonAI Holdings Inc. (SHAZ): revenue –, market value $7.3B
- RingCentral, Inc. (RNG): revenue $2.6B, market value $6.9B
- Pegasystems Inc. (PEGA): revenue $1.7B, market value $5.5B
- Applied Digital Corp. (APLD): revenue –, market value $5.3B