Skip to content
Screener

Tucows TCX Mobile Services — Variable lease expense

Similar metrics at other companies

WYF
WYFICloud Services — Variable Lease Cost
$3.72M-0.9%
Envela logo
ELACommercial — Variable Lease Cost
$154.64K+6.0%
Envela logo
ELAConsumer — Variable Lease Cost
$62.8K+5.3%
Icahn Enterprises logo
IEPAutomotive — Variable Lease Cost
$16M-27.3%
MarketAxess logo
MKTXOccupancy — Variable Lease Cost
$979K+15.6%
Icahn Enterprises logo
IEPReal Estate — Variable Lease Cost
$14M+100%

Other financials

Income statement

See full
Revenue$100.6M+2.1%
Gross profit$25.8M+16.6%
Operating income-$5.5M-89.5%
Net income-$20.5M-30.9%
EPS (diluted)-$1.84-30.5%

Balance sheet

See full
Cash & equivalents$60.2M-12.2%
Total debt$375.0M+13.8%
Total equity-$200.8M-65.0%
Total assets$727.7M-2.0%

Cash flow

See full
Operating cash flow$1.9M-70.5%
CapEx$5.1M+45.7%
Free cash flow-$3.1M-201%

Valuation

See full
Market cap$156.87M-21.1%
Enterprise value$471.68M+2.6%
P/S0.4×-0.1×

Profitability

See full
Gross margin30.8%
Operating margin10.4%
Net margin-21.2%-2.9pp
FCF margin-3.7%-1.5pp

Returns & leverage

See full
Return on equity-180.6%-217pp
Debt / equity25×+24.8×
Current ratio0.6×-0.5×

Where this comes from

Reported directly by Tucows in its filing.

Tagged under the XBRL concept us-gaap:VariableLeaseCost.

The source filing: Tucows’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 5:01 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000909494-26-000003
Line itemFor the Three Months Ended June 30, 2026For the Three Months Ended June 30, 2025For the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Operating lease expense (leases with a total term greater than 12 months)$4,229$2,212$7,767$4,466
Short-term lease expense (leases with a total term of 12 months or less)2064012
Variable lease expense5231821,065294
Total lease expense$4,772$2,400$8,872$4,772

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Tucows's mobile services — variable lease expense?
Tucows (TCX) reported mobile services — variable lease expense of $182K in Q2 2025.
What does mobile services — variable lease expense mean?
This metric measures lease payments within the Mobile Services segment that are not fixed but vary based on an index, rate, or usage-based performance. These expenses fluctuate in alignment with business activity levels, providing a degree of operational flexibility. Analyzing this metric helps investors understand the sensitivity of the segment's cost base to changes in market conditions or service volume.

Ask your AI about Tucows's mobile services — variable lease expense.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude