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Tucows

TCX

Tucows, Inc. is a global provider of internet services focused on simplifying the digital experience for consumers and businesses.

Market cap
$95.55M-53.8%
Revenue$392.3M+6.2%
Net income-$78.8M+20.0%
Free cash flow-$8.2M+88.8%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$98.2M

Financials

Q1 2026

Income statement

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Revenue$96.7M+2.2%
Gross profit$24.1M+2.5%
Operating income-$4.3M-112%
Net income-$18.1M-19.7%

Balance sheet

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Cash & equivalents$44.3M+16.4%
Total debt$363.9M+12.5%
Total equity-$181.3M-67.5%
Total assets$729.2M-1.7%

Cash flow

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Operating cash flow$3.5M+131%
CapEx$5.5M+1.7%
Free cash flow-$2.0M+88.0%

Valuation & ratios

Valuation

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Market cap$95.55M-53.8%
Enterprise value$415.11M-16.7%
P/S0.2×-0.3×

Profitability

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Net margin-20.1%-4.0pp
FCF margin-2.1%-1.0pp

Returns & leverage

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Current ratio0.6×-0.4×

Segments

By product

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Domain Services$48.8M-2.4%
Fiber Internet Services$17.1M+5.0%
Platform Services$11.6M+1.4%
Retail$9.8M+5.2%
Value Added Services$5.5M-7.5%

Competitors

Profile

Tucows, Inc. is a global provider of internet services focused on simplifying the digital experience for consumers and businesses. The company operates a diverse portfolio including high-speed fiber internet access, cloud-based telecommunications software platforms, and a leading domain name registration business. Its core value proposition centers on reducing operational complexity for internet service providers and resellers through automated, scalable infrastructure.

Competitive position

A leading global wholesale domain registrar and a challenger in the U.S. fiber broadband and telecom software markets.

GeographiesUnited States, Canada, Europe
Customer segmentsEnterprise, SMB, Consumer, Telecom Operators
Business modelSubscription SaaS, Wholesale, B2B2C, Infrastructure-as-a-Service
SuppliersICANN, Fiber optic hardware manufacturers, Cloud infrastructure providers, Domain registries
CustomersResidential internet subscribers, Web hosting companies, Independent domain resellers, Mobile network operators
CountryCanada
Listed1996
Employees1.0K
CEODavid Woroch
Websitetucows.com
FilingsSEC EDGAR

Questions, answered.

What is Tucows's market cap?
Tucows (TCX) has a market capitalization of $95.5M and trades on NASDAQ.
What is Tucows's revenue and profitability?
Tucows generated $392.3M in trailing twelve-month revenue with a net loss of $78.8M, representing a net margin of -20.1%. Gross margin stands at 30.8%, with free cash flow of -$8.2M. These figures are based on the Q1 2026 filing.
Who are Tucows's competitors?
Tucows's key competitors include GoDaddy, AT&T, Lumen Technologies, and others. These companies compete in similar markets and product categories.
Who does Tucows partner with?
Tucows's notable partners include EchoStar, Generate, Google, and others.
What subsidiaries does Tucows have?
Tucows's subsidiaries include Cedar, Simply Bits.
Where is Tucows headquartered?
Tucows is headquartered in Canada and employs approximately 1,045 people. It has been publicly traded since 1996.