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Tucows TCX Ting — Cost of Goods Sold

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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 ting — cost of goods sold?
Tucows (TCX) reported ting — cost of goods sold of $8.63M in Q1 2026.
How has Tucows's ting — cost of goods sold changed year-over-year?
Tucows's ting — cost of goods sold increased by 47.8% year-over-year, from $5.84M to $8.63M.
What does ting — cost of goods sold mean?
Represents the direct costs attributable to the production and delivery of mobile services within the Ting segment. This includes expenses such as network access fees, customer support costs, and other variable expenses directly tied to generating segment revenue.