What is Tucows's gross profit?

Tucows (TCX) reported gross profit of $24.13M in Q1 2026.

How has Tucows's gross profit changed year-over-year?

Tucows's gross profit increased by 2.5% year-over-year, from $23.53M to $24.13M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Tucows TCX Gross Profit

Gross Profit at other companies

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$63.62M+36.9%

VeriSignVRSN

$379.7M+7.6%

OPT

Optimum Communications, Inc.OPTU

$1.43B-3.2%

Ubiquiti Inc.UI

$370.71M+25.3%

Lumen TechnologiesLUMN

——

GoDaddyGDDY

——

Other financials

Income statement

See full

Revenue$96.7M+2.2%

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

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Market cap$149.62M-30.4%

Enterprise value$469.18M-4.7%

P/S0.4×-0.2×

Profitability

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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

Calculated from Tucows’s reported figures.

$96.7Mtotal revenue−$72.5Mtotal cost of revenue=$24.13M

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 gross profit?: Tucows (TCX) reported gross profit of $24.13M in Q1 2026.
How has Tucows's gross profit changed year-over-year?: Tucows's gross profit increased by 2.5% year-over-year, from $23.53M to $24.13M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.