What is Tucows's capex?

Tucows (TCX) reported capex of $5.53M in Q1 2026.

How has Tucows's capex changed year-over-year?

Tucows's capex increased by 1.7% year-over-year, from $5.44M to $5.53M.

What is the long-term trend for Tucows's capex?

Over 4 years (2021 to 2025), Tucows's capex has grown at a -30.5% compound annual growth rate (CAGR), from $73.18M to $17.11M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Tucows TCX CapEx

CapEx at other companies

Lumen TechnologiesLUMN

$943M+19.2%

AT&TT

$4.88B+14.0%

ComcastCMCSA

$2.35B+4.4%

GoDaddyGDDY

$4.6M+27.8%

HarmonicHLIT

$1.4M-25.3%

VeriSignVRSN

$7.2M+24.1%

Other financials

Income statement

See full

Revenue$96.7M+2.2%

Gross profit$24.1M+2.5%

Operating income-$4.3M-112%

Net income-$18.1M-19.7%

Balance sheet

See full

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

See full

Operating cash flow$3.5M+131%

Free cash flow-$2.0M+88.0%

Valuation

See full

Market cap$149.62M-30.4%

Enterprise value$469.18M-4.7%

P/S0.4×-0.2×

Profitability

See full

Gross margin30.8%—

Operating margin10.4%—

Net margin-20.1%-4.0pp

FCF margin-2.1%-1.0pp

Returns & leverage

See full

Return on equity-180.6%-217pp

Debt / equity25×+24.8×

Current ratio0.6×-0.4×

Where this comes from

Reported directly by Tucows in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Tucows’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tucows's capex?: Tucows (TCX) reported capex of $5.53M in Q1 2026.
How has Tucows's capex changed year-over-year?: Tucows's capex increased by 1.7% year-over-year, from $5.44M to $5.53M.
What is the long-term trend for Tucows's capex?: Over 4 years (2021 to 2025), Tucows's capex has grown at a -30.5% compound annual growth rate (CAGR), from $73.18M to $17.11M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.