Tucows TCX Network Expenses — Cost of Goods Sold

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Questions, answered.

What is Tucows's network expenses — cost of goods sold?

Tucows (TCX) reported network expenses — cost of goods sold of $15.64M in Q1 2026.

How has Tucows's network expenses — cost of goods sold changed year-over-year?

Tucows's network expenses — cost of goods sold decreased by 1.7% year-over-year, from $15.92M to $15.64M.

What is the long-term trend for Tucows's network expenses — cost of goods sold?

Over 4 years (2021 to 2025), Tucows's network expenses — cost of goods sold has grown at a 18.8% compound annual growth rate (CAGR), from $33.01M to $65.75M.

What does network expenses — cost of goods sold mean?

This metric aggregates all direct costs incurred to generate revenue within the network services segment, including both variable operational expenses and allocated depreciation. It serves as a primary indicator of the total cost of service delivery for the company's internet and connectivity products. Tracking this figure is essential for assessing the gross margin performance of the network business unit.