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Tucows Inc. (TCX)

NASDAQ: TCX · USD

$10.3

-0.03 (-0.3%)· Recorded snapshot

Market cap	114.6M
Revenue (ttm)	394.4M
Net income (ttm)	-83.6M
EPS (ttm)	-$7.53
Shares out	11.2M
Volume	63,657
Beta	0.92

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 394.4M
Net income (ttm): -83.6M
EPS (ttm): -$7.53
Market cap: 114.6M

Metric	Value
Amount currency	USD
CIK code	0000909494
Company name	Tucows Inc.
Country	Canada
Country code	US
CUSIP number	898697206
Earnings date	2026-11-05
Earnings time	amc
Employees	759
Employees change	-6
Employees growth	-0.78%
Enterprise value	$782.7M
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1992
In index	RUSSELL2000
Industry	Software - Infrastructure
IPO date	1996-04-29
Is primary listing	Yes
Is SPAC	No
ISIN number	US8986972060
Last 10-K release date	2026-03-12
Last earnings date	2026-08-06
Last refreshed	2026-10-28
Last stock split date	2013-12-31
Last stock split type	Reverse
Market cap	$114.6M
Market cap category	Micro-Cap
Next earnings date	2026-11-05
Options	Yes
Price	$10.25
Price currency	USD
Sector	Technology
SIC code	7374
Stock price date	2026-10-28
Symbol	TCX
Website	https://www.tucows.com

Metric

Value

Amount currency

USD

CIK code

0000909494

Company name

Tucows Inc.

Country

Canada

Country code

CUSIP number

898697206

Earnings date

2026-11-05

Earnings time

amc

Employees

759

Employees change

-6

Employees growth

-0.78%

Enterprise value

$782.7M

Exchange

NASDAQ

Financial currency

USD

Financial report date

2026-06-30

First seen

2026-05-09

Fiscal year end

December

Founded

1992

In index

RUSSELL2000

Industry

Software - Infrastructure

IPO date

1996-04-29

Is primary listing

Yes

Is SPAC

ISIN number

US8986972060

Last 10-K release date

2026-03-12

Last earnings date

2026-08-06

Last refreshed

2026-10-28

Last stock split date

2013-12-31

Last stock split type

Reverse

Market cap

$114.6M

Market cap category

Micro-Cap

Next earnings date

2026-11-05

Options

Yes

Price

$10.25

Price currency

USD

Sector

Technology

SIC code

7374

Stock price date

2026-10-28

Symbol

TCX

Website

https://www.tucows.com

Metric	Value
Earnings yield	-73.43%
EV/EBITDA	32.74x
EV/Sales	1.99x
FCF / EV yield	-1.84%
FCF yield	-12.52%
Industry forward P/E	29.48x
Industry P/E	39.18x
P/OCF ratio	26.22x
P/S ratio	0.29x
Price/EBITDA ratio	4.81x
Sector forward P/E	18.86x
Sector P/E	32.77x

Metric

Value

Earnings yield

-73.43%

EV/EBITDA

32.74x

EV/Sales

1.99x

FCF / EV yield

-1.84%

FCF yield

-12.52%

Industry forward P/E

29.48x

Industry P/E

39.18x

P/OCF ratio

26.22x

P/S ratio

0.29x

Price/EBITDA ratio

4.81x

Sector forward P/E

18.86x

Sector P/E

32.77x

Metric	Value
EBIT margin	-5.09%
EBITDA margin	6.06%
Gross margin	35.54%
Operating margin	-5.09%
Pretax margin	-18.77%
Profit margin	-21.2%
Profit per employee	$-110,181
Revenue per employee	$519,685
ROA	-1.71%
ROA (5Y)	-2.7%
ROCE	-5.26%
ROIC	-5.19%
ROIC (5Y)	-6.64%
SBC / revenue	1.65%
Tax / revenue	2.43%

Metric

Value

EBIT margin

-5.09%

EBITDA margin

6.06%

Gross margin

35.54%

Operating margin

-5.09%

Pretax margin

-18.77%

Profit margin

-21.2%

Profit per employee

$-110,181

Revenue per employee

$519,685

ROA

-1.71%

ROA (5Y)

-2.7%

ROCE

-5.26%

ROIC

-5.19%

ROIC (5Y)

-6.64%

SBC / revenue

1.65%

Tax / revenue

2.43%

Metric	Value
EPS growth years	1
Gross profit growth	4.73%
Gross profit growth (Q)	9.01%
Gross profit growth 3Y	10.83%
Gross profit growth 5Y	9.72%
Net income growth years	1
OCF growth (Q)	-70.52%
OCF growth (QoQ)	-45.06%
OCF growth 10Y	-12.32%
OCF growth 5Y	-32.22%
Revenue growth	4.22%
Revenue growth (Q)	2.13%
Revenue growth (QoQ)	4.03%
Revenue growth 10Y	8.14%
Revenue growth 3Y	6.96%
Revenue growth 5Y	6.27%
Revenue growth quarters	13
Revenue growth years	4

Metric

Value

EPS growth years

Gross profit growth

4.73%

Gross profit growth (Q)

9.01%

Gross profit growth 3Y

10.83%

Gross profit growth 5Y

9.72%

Net income growth years

OCF growth (Q)

-70.52%

OCF growth (QoQ)

-45.06%

OCF growth 10Y

-12.32%

OCF growth 5Y

-32.22%

Revenue growth

4.22%

Revenue growth (Q)

2.13%

Revenue growth (QoQ)

4.03%

Revenue growth 10Y

8.14%

Revenue growth 3Y

6.96%

Revenue growth 5Y

6.27%

Revenue growth quarters

Revenue growth years

Metric	Value
Capital expenditures	$-18.8M
Depreciation and amortization	$44M
EBIT	$-20.1M
EBITDA	$23.9M
EPS	$-7.53
FCF per share	$-1.29
Financing cash flow	$-2.9M
Free cash flow	$-14.4M
Free cash flow minus SBC	$-20.9M
Gross profit	$140.2M
Income taxes	$9.6M
Investing cash flow	$-9.9M
Net borrowing	$-2.5M
Net cash flow	$-8.4M
Net income	$-83.6M
Operating cash flow minus SBC	$-2.1M
Operating income	$-20.1M
Revenue	$394.4M
Stock-based compensation	$6.5M

Metric

Value

Capital expenditures

$-18.8M

Depreciation and amortization

$44M

EBIT

$-20.1M

EBITDA

$23.9M

EPS

$-7.53

FCF per share

$-1.29

Financing cash flow

$-2.9M

Free cash flow

$-14.4M

Free cash flow minus SBC

$-20.9M

Gross profit

$140.2M

Income taxes

$9.6M

Investing cash flow

$-9.9M

Net borrowing

$-2.5M

Net cash flow

$-8.4M

Net income

$-83.6M

Operating cash flow minus SBC

$-2.1M

Operating income

$-20.1M

Revenue

$394.4M

Stock-based compensation

$6.5M

Metric	Value
Altman Z-Score	-0.17
Book value per share	$-17.99
Debt / EBITDA	17.61
Goodwill	$130.4M
Interest coverage	-0.35
Long-term assets	$530M
Long-term liabilities	$582.8M
Net cash (debt)	$-668.1M
Net cash / market cap	-580.89%
Net debt / EBITDA	27.93
Piotroski F-Score	5
Property, plant and equipment	$348.8M
Shareholders' equity	$-200.8M
Tangible book value	$-349.9M
Tangible book value per share	$-31.35
Total assets	$727.7M
Total cash	$44.2M
Total debt	$712.2M
Total liabilities	$928.5M
WACC	6.82%

Metric

Value

Altman Z-Score

-0.17

Book value per share

$-17.99

Debt / EBITDA

17.61

Goodwill

$130.4M

Interest coverage

-0.35

Long-term assets

$530M

Long-term liabilities

$582.8M

Net cash (debt)

$-668.1M

Net cash / market cap

-580.89%

Net debt / EBITDA

27.93

Piotroski F-Score

Property, plant and equipment

$348.8M

Shareholders' equity

$-200.8M

Tangible book value

$-349.9M

Tangible book value per share

$-31.35

Total assets

$727.7M

Total cash

$44.2M

Total debt

$712.2M

Total liabilities

$928.5M

WACC

6.82%

Metric	Value
Asset turnover	0.54
Current assets	$197.7M
Current liabilities	$345.7M
Current ratio	0.57
Inventory turnover	68.61
Net working capital	$-37.8M
Quick ratio	0.2
Working capital	$-148M
Working capital turnover	-5.76

Metric

Value

Asset turnover

0.54

Current assets

$197.7M

Current liabilities

$345.7M

Current ratio

0.57

Inventory turnover

68.61

Net working capital

$-37.8M

Quick ratio

0.2

Working capital

$-148M

Working capital turnover

-5.76

Metric	Value
Buyback yield / dilution	-0.81%
Dividend yield	0%
Shareholder yield	-0.81%

Metric

Value

Buyback yield / dilution

-0.81%

Dividend yield

Shareholder yield

-0.81%

Metric	Value
10Y price change	-65.63%
10Y return CAGR	-10.13%
10Y total return	-65.63%
150-day SMA	$12.66
15Y price change	244%
15Y return CAGR	8.59%
15Y total return	244%
1D price change	-0.34%
1M price change	3.41%
1M total return	3.41%
1W price change	12.97%
1W total return	12.97%
1Y price change	-44.64%
1Y return CAGR	-44.66%
1Y total return	-44.64%
20-day SMA	$9.86
200-day SMA	$14.37
20Y price change	180.44%
20Y return CAGR	5.29%
20Y total return	180.44%
3M price change	20.42%
3M total return	20.42%
3Y price change	-38.17%
3Y return CAGR	-14.8%
3Y total return	-38.17%
50-day SMA	$10.04
50-day SMA vs 200-day SMA	50under200
52-week high	$25.17
52-week high date	2026-01-22
52-week low	$8.45
52-week low date	2026-10-12
5Y price change	-87.18%
5Y return CAGR	-33.69%
5Y total return	-87.18%
6M price change	-37.72%
6M total return	-37.72%
All-time high	$94.20
All-time high date	2021-01-27
All-time low	$0.40
All-time low date	2009-10-15
Average true range (ATR)	$0.91
Average volume	87.2K
Beta (1Y)	1.18
Beta (2Y)	0.99
Beta (5Y)	0.92
Change from 52-week high	-59.28%
Change from 52-week low	21.3%
Change from all-time high	-89.04%
Change from all-time low	2,480%
Change from open	-2.38%
Day's gap	2.04%
Dollar volume	$652,484
High price	$10.57
Low price	$10.25
Monthly RSI	35.67
Open price	$10.50
Position in 52-week range	0%
Previous close	$10.29
Price vs 150-day SMA	-18.48%
Price vs 20-day SMA	4.63%
Price vs 200-day SMA	-28.17%
Price vs 50-day SMA	2.76%
Relative volume	0.73
RSI	51.38
Sharpe ratio	-0.32
Sharpe ratio (3Y)	-0.04
Sharpe ratio (5Y)	-0.38
Sortino ratio	-0.51
Sortino ratio (3Y)	0.02
Sortino ratio (5Y)	-0.5
Volume	63.7K
Weekly RSI	43.22
YTD price change	-53.97%
YTD total return	-53.97%

Metric

Value

10Y price change

-65.63%

10Y return CAGR

-10.13%

10Y total return

-65.63%

150-day SMA

$12.66

15Y price change

244%

15Y return CAGR

8.59%

15Y total return

244%

1D price change

-0.34%

1M price change

3.41%

1M total return

3.41%

1W price change

12.97%

1W total return

12.97%

1Y price change

-44.64%

1Y return CAGR

-44.66%

1Y total return

-44.64%

20-day SMA

$9.86

200-day SMA

$14.37

20Y price change

180.44%

20Y return CAGR

5.29%

20Y total return

180.44%

3M price change

20.42%

3M total return

20.42%

3Y price change

-38.17%

3Y return CAGR

-14.8%

3Y total return

-38.17%

50-day SMA

$10.04

50-day SMA vs 200-day SMA

50under200

52-week high

$25.17

52-week high date

2026-01-22

52-week low

$8.45

52-week low date

2026-10-12

5Y price change

-87.18%

5Y return CAGR

-33.69%

5Y total return

-87.18%

6M price change

-37.72%

6M total return

-37.72%

All-time high

$94.20

All-time high date

2021-01-27

All-time low

$0.40

All-time low date

2009-10-15

Average true range (ATR)

$0.91

Average volume

87.2K

Beta (1Y)

1.18

Beta (2Y)

0.99

Beta (5Y)

0.92

Change from 52-week high

-59.28%

Change from 52-week low

21.3%

Change from all-time high

-89.04%

Change from all-time low

2,480%

Change from open

-2.38%

Day's gap

2.04%

Dollar volume

$652,484

High price

$10.57

Low price

$10.25

Monthly RSI

35.67

Open price

$10.50

Position in 52-week range

Previous close

$10.29

Price vs 150-day SMA

-18.48%

Price vs 20-day SMA

4.63%

Price vs 200-day SMA

-28.17%

Price vs 50-day SMA

2.76%

Relative volume

0.73

RSI

51.38

Sharpe ratio

-0.32

Sharpe ratio (3Y)

-0.04

Sharpe ratio (5Y)

-0.38

Sortino ratio

-0.51

Sortino ratio (3Y)

0.02

Sortino ratio (5Y)

-0.5

Volume

63.7K

Weekly RSI

43.22

YTD price change

-53.97%

YTD total return

-53.97%

Metric	Value
Float	7.1M
Float percentage	63.9%
Shares change (QoQ)	0.22%
Shares change (YoY)	0.81%
Shares held by insiders	7.39%
Shares held by institutions	34.74%
Shares outstanding	11.2M
Short % of float	12.37%
Short % of shares	7.9%
Short ratio	13.1 days

Metric

Value

Float

7.1M

Float percentage

63.9%

Shares change (QoQ)

0.22%

Shares change (YoY)

0.81%

Shares held by insiders

7.39%

Shares held by institutions

34.74%

Shares outstanding

11.2M

Short % of float

12.37%

Short % of shares

7.9%

Short ratio

13.1 days

Tucows Inc. (TCX)

Price

Financial snapshot

Fair-value bridge

Latest news · TCX

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TCX indicators

Profile and market data

Valuation

Profitability

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Financial statements

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Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TCX

Frequently asked questions