Growth Metrics

Tucows (TCX) Cost of Revenue (2016 - 2025)

Tucows (TCX) has 16 years of Cost of Revenue data on record, last reported at $90.3 million in Q3 2025.

  • For Q3 2025, Cost of Revenue rose 28.79% year-over-year to $90.3 million; the TTM value through Sep 2025 reached $293.2 million, up 5.85%, while the annual FY2024 figure was $279.2 million, 2.41% up from the prior year.
  • Cost of Revenue reached $90.3 million in Q3 2025 per TCX's latest filing, up from $76.4 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $156.9 million in Q4 2022 and bottomed at -$105.4 million in Q4 2021.
  • Average Cost of Revenue over 5 years is $54.7 million, with a median of $68.6 million recorded in 2024.
  • Peak YoY movement for Cost of Revenue: plummeted 160.61% in 2021, then surged 825.06% in 2022.
  • A 5-year view of Cost of Revenue shows it stood at -$105.4 million in 2021, then skyrocketed by 248.86% to $156.9 million in 2022, then tumbled by 55.93% to $69.1 million in 2023, then increased by 3.25% to $71.4 million in 2024, then rose by 26.49% to $90.3 million in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $90.3 million in Q3 2025, $76.4 million in Q2 2025, and $55.2 million in Q1 2025.