Tucows (TCX) Cost of Revenue (2010 - 2026)
Tucows' (TCX) quarterly Cost of Revenue came in at $74.8 million in Q2 2026, down 2.07% on a YoY basis from $76.4 million in Q2 2025, and up 3.1% quarter-over-quarter from $72.5 million in Q1 2026.
Analysis
Tucows (TCX) Cost of Revenue (2010 - 2026) Analysis & Trends
Tucows (TCX) has reported Cost of Revenue for 17 consecutive years, with $74.8 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue fell 2.07% year-over-year to $74.8 million; the trailing twelve-month figure through Jun 2026 stood at $296.2 million (up 2.52% YoY), and the FY2025 full-year result was $296.3 million, up 6.12% from the prior year.
- Cost of Revenue grew to $74.8 million in Q2 2026 per TCX's latest filing, from $72.5 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $76.4 million in Q2 2025 and bottomed at $59.9 million in Q1 2022.
- Historically, Cost of Revenue has averaged $68.8 million across 5 years, with a median of $69.6 million in 2024.
- The sharpest annual moves came in 2023 and 2026: Cost of Revenue advanced 16.91% in 2023, then decreased 2.07% in 2026.
- Over 5 years, Cost of Revenue stood at $61.9 million in 2022, then rose by 11.69% to $69.1 million in 2023, then climbed by 3.25% to $71.4 million in 2024, then climbed by 4.42% to $74.5 million in 2025, then gained by 0.31% to $74.8 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $74.8 million, $72.5 million, and $74.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Verisign | 25.64 Bn | 24.61 Bn | 384.60 Mn | 50.00 Mn |
| 2 | GoDaddy | 12.20 Bn | 11.01 Bn | 828.20 Mn | 469.80 Mn |
| 3 | Wix.com | 4.08 Bn | 3.47 Bn | 370.34 Mn | 3.04 Mn |
| 4 | Tucows | 119.29 Mn | 75.13 Mn | 25.78 Mn | 74.77 Mn |
| 5 | Yinfu Gold | 9.92 Mn | 9.92 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 74.77 Mn |
| Mar 31, 2026 | 72.53 Mn |
| Dec 31, 2025 | 74.54 Mn |
| Sep 30, 2025 | 74.38 Mn |
| Jun 30, 2025 | 76.35 Mn |
| Mar 31, 2025 | 71.08 Mn |
| Dec 31, 2024 | 71.38 Mn |
| Sep 30, 2024 | 70.11 Mn |
| Jun 30, 2024 | 68.61 Mn |
| Mar 31, 2024 | 69.14 Mn |
| Dec 31, 2023 | 69.14 Mn |
| Sep 30, 2023 | 70.22 Mn |
| Jun 30, 2023 | 66.95 Mn |
| Mar 31, 2023 | 66.37 Mn |
| Dec 31, 2022 | 61.90 Mn |
| Sep 30, 2022 | 60.06 Mn |
| Jun 30, 2022 | 61.03 Mn |
| Mar 31, 2022 | 59.90 Mn |
| Dec 31, 2021 | 57.90 Mn |
| Sep 30, 2021 | 57.87 Mn |