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Tucows TCX Domain Name Services — Cost of Goods Sold

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$4.69M

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Other financials

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

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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

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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:CostOfGoodsAndServicesSold.

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 domain name services — cost of goods sold?
Tucows (TCX) reported domain name services — cost of goods sold of $43.36M in Q1 2026.
How has Tucows's domain name services — cost of goods sold changed year-over-year?
Tucows's domain name services — cost of goods sold decreased by 3.7% year-over-year, from $45.04M to $43.36M.
What is the long-term trend for Tucows's domain name services — cost of goods sold?
Over 4 years (2021 to 2025), Tucows's domain name services — cost of goods sold has grown at a 2.2% compound annual growth rate (CAGR), from $167.49M to $182.98M.
What does domain name services — cost of goods sold mean?
Represents the total direct costs incurred to provide domain registration and related internet services within the segment. This includes registry fees, transaction costs, and other variable expenses directly attributable to generating domain-related revenue. Monitoring this metric helps assess the direct cost efficiency of the company's core internet services business.