Tucows (TCX) Cost of Revenue (2010 - 2026)
Tucows (TCX) posted quarterly Cost of Revenue of $56.9 million for Q1 2026, up 3.12% year-over-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.
- In Q1 2026, Cost of Revenue rose 3.12% year-over-year to $56.9 million; the TTM figure through Mar 2026 stood at $331.9 million (up 33.95% YoY), while the FY2025 annual figure was $296.3 million, up 6.12% from the prior year.
- Cost of Revenue for Q1 2026 stood at $56.9 million, down from $124.3 million in the prior quarter.
- The five-year high for Cost of Revenue was $124.3 million in Q4 2025, with the low 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.
- The sharpest annual moves came in 2023 and 2024: Cost of Revenue sank 101.33% in 2023, then surged 5689.9% in 2024.
- Tucows' Cost of Revenue stood at $95.9 million in 2022, then sank by 101.33% to -$1.3 million in 2023, then soared by 5689.9% to $71.4 million in 2024, then surged by 74.11% to $124.3 million in 2025, then sank by 54.23% to $56.9 million in 2026.
- Business Quant data shows TCX's Cost of Revenue at $56.9 million in Q1 2026, $124.3 million in Q4 2025, and $74.4 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 29.53 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 296.87 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 974.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 404.70 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 196.54 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 637.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 879.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 3.45 Bn |
| 10 | Tucows | 115.11 Mn | 70.95 Mn | 25.78 Mn | 74.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 74.77 Mn |
| Jun 30, 2026 | 74.77 Mn |
| 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 |