Tucows (TCX) Common Equity (2010 - 2026)
Tucows (TCX) reported Common Equity of -$181.3 million for Q1 2026, down 67.49% on a YoY basis from -$557.8 million in Q1 2025, and down 10.43% quarter-over-quarter from -$164.2 million in Q4 2025.
Tucows (TCX) Common Equity (2010 - 2026) Analysis & Trends
Tucows has reported Common Equity for 17 years, with the latest figure at -$181.3 million in Q1 2026.
- For the quarter ending Q1 2026, Common Equity fell 67.49% year-over-year to -$181.3 million; the trailing twelve-month figure through Mar 2026 stood at -$181.3 million (down 67.49% YoY), and the FY2025 full-year result was -$164.2 million, down 72.3% from the prior year.
- Common Equity for Q1 2026 stood at -$181.3 million, down from -$164.2 million in the prior quarter.
- The five-year high for Common Equity was $115.0 million in Q1 2022, with the low at -$181.3 million in Q1 2026.
- Historically, Common Equity has averaged -$18.6 million across 5 years, with a median of -$15.9 million in 2024.
- Annual changes were most pronounced in 2022 — Common Equity increased 7.07% — and 2024, when it slumped 1065.06%.
- Tucows' Common Equity stood at $96.7 million in 2022, then slumped by 89.78% to $9.9 million in 2023, then tumbled by 1065.06% to -$95.3 million in 2024, then tumbled by 72.3% to -$164.2 million in 2025, then decreased by 10.43% to -$181.3 million in 2026.
- The last three Common Equity figures came in at -$181.3 million (Q1 2026), -$164.2 million (Q4 2025), and -$144.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 414.37 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 33.36 Bn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 39.05 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 8.45 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 9.39 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 4.43 Bn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 989.70 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 30.55 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 1.53 Bn |
| 10 | Tucows | 151.74 Mn | 107.43 Mn | 24.13 Mn | -181.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -181.33 Mn |
| Dec 31, 2025 | -164.20 Mn |
| Sep 30, 2025 | -144.06 Mn |
| Jun 30, 2025 | -121.69 Mn |
| Mar 31, 2025 | -108.26 Mn |
| Dec 31, 2024 | -95.30 Mn |
| Sep 30, 2024 | -53.07 Mn |
| Jun 30, 2024 | -33.07 Mn |
| Mar 31, 2024 | -15.94 Mn |
| Dec 31, 2023 | 9.88 Mn |
| Sep 30, 2023 | 30.05 Mn |
| Jun 30, 2023 | 51.11 Mn |
| Mar 31, 2023 | 79.65 Mn |
| Dec 31, 2022 | 96.66 Mn |
| Sep 30, 2022 | 105.55 Mn |
| Jun 30, 2022 | 113.50 Mn |
| Mar 31, 2022 | 115.01 Mn |
| Dec 31, 2021 | 115.09 Mn |
| Sep 30, 2021 | 113.22 Mn |
| Jun 30, 2021 | 110.82 Mn |