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

Tucows' (TCX) quarterly Cost of Revenue came in at $56.9 million in Q1 2026, up 3.12% year-on-year from $55.2 million in Q1 2025, and down 54.23% quarter-over-quarter from $124.3 million in Q4 2025.

Tucows (TCX) Cost of Revenue (2010 - 2026) Analysis & Trends

Tucows' Cost of Revenue history runs 17 years deep, the most recent figure standing at $56.9 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 3.12% year-over-year to $56.9 million in Q1 2026; TTM through Mar 2026 was $331.9 million, a 33.95% increase from a year earlier, with the FY2025 full-year figure at $296.3 million, up 6.12% from the prior year.
  • Cost of Revenue eased to $56.9 million in Q1 2026 per TCX's latest filing, from $124.3 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $124.3 million in Q4 2025 and bottomed at -$1.3 million in Q4 2023.
  • The 5-year median for Cost of Revenue is $56.9 million (2026), against an average of $62.1 million.
  • Across the five-year window, Cost of Revenue slumped 101.33% in 2023 and surged 5689.9% in 2024, its largest moves.
  • Year by year, Cost of Revenue stood at $95.9 million in 2022, then plunged by 101.33% to -$1.3 million in 2023, then jumped by 5689.9% to $71.4 million in 2024, then soared by 74.11% to $124.3 million in 2025, then plunged by 54.23% to $56.9 million in 2026.
  • Per Business Quant, the three latest TCX Cost of Revenue figures stand at $56.9 million (Q1 2026), $124.3 million (Q4 2025), and $74.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 26.83 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 71.28 Mn
3 Oracle 344.13 Bn 312.24 Bn - -
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 215.80 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 685.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 311.70 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 364.50 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 184.16 Mn
10 Tucows 101.23 Mn 56.93 Mn 24.13 Mn 56.88 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 56.88 Mn
Mar 31, 2026 56.88 Mn
Dec 31, 2025 124.29 Mn
Dec 31, 2025 124.29 Mn
Sep 30, 2025 74.38 Mn
Sep 30, 2025 74.38 Mn
Jun 30, 2025 76.35 Mn
Jun 30, 2025 76.35 Mn
Mar 31, 2025 55.16 Mn
Mar 31, 2025 55.16 Mn
Dec 31, 2024 71.38 Mn
Dec 31, 2024 71.38 Mn
Sep 30, 2024 52.61 Mn
Sep 30, 2024 52.61 Mn
Jun 30, 2024 68.61 Mn
Jun 30, 2024 68.61 Mn
Mar 31, 2024 51.79 Mn
Mar 31, 2024 51.79 Mn
Dec 31, 2023 -1.28 Mn
Dec 31, 2023 -1.28 Mn