Tucows (TCX) Cost of Revenue (2010 - 2026)

Tucows (TCX) has reported Cost of Revenue for 17 consecutive years, with $72.5 million the latest figure, recorded in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $72.5 million, up 2.04% year-over-year; the trailing twelve-month figure through Mar 2026 was $422.3 million (up 60.02% YoY), and the FY2025 annual result was $296.3 million, up 6.12% from the prior year.
• Cost of Revenue was $72.5 million for Q1 2026 at Tucows, down from $261.5 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $261.5 million in Q4 2025 and troughed at -$127.1 million in Q4 2022.
• Average Cost of Revenue over 5 years is $51.8 million, with a median of $60.1 million recorded in 2022.
• Year-over-year, Cost of Revenue tumbled 610.4% in 2022 and surged 5689.9% in 2024.
• Over 5 years, Cost of Revenue stood at -$127.1 million in 2022, then soared by 98.99% to -$1.3 million in 2023, then soared by 5689.9% to $71.4 million in 2024, then soared by 266.37% to $261.5 million in 2025, then tumbled by 72.27% to $72.5 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $72.5 million in Q1 2026, $261.5 million in Q4 2025, and $11.9 million in Q3 2025.