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Tucows TCX Value Added Services — 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 value added services — cost of goods sold?
Tucows (TCX) reported value added services — cost of goods sold of $320K in Q1 2026.
How has Tucows's value added services — cost of goods sold changed year-over-year?
Tucows's value added services — cost of goods sold decreased by 33.3% year-over-year, from $480K to $320K.
What is the long-term trend for Tucows's value added services — cost of goods sold?
Over 3 years (2021 to 2025), Tucows's value added services — cost of goods sold has grown at a -10.5% compound annual growth rate (CAGR), from $2.55M to $1.83M.
What does value added services — cost of goods sold mean?
This metric captures the direct costs attributable to the production and delivery of services within a specific business segment. It includes expenses such as direct labor, infrastructure costs, and third-party service fees required to fulfill customer contracts. Tracking this metric is essential for evaluating the segment's direct cost structure and operational efficiency.