Tucows (TCX) EBITDA (2010 - 2026)

Tucows (TCX) reported EBITDA of -$18.2 million for Q1 2026, down 25.51% on a YoY basis from -$24.5 million in Q1 2025, and up 15.77% quarter-over-quarter from -$21.7 million in Q4 2025.

Tucows (TCX) EBITDA (2010 - 2026) Analysis & Trends

Tucows has reported EBITDA for 17 years, with the latest figure at -$18.2 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 25.51% year-over-year to -$18.2 million; the trailing twelve-month figure through Mar 2026 stood at -$78.6 million (up 20.83% YoY), and the FY2025 full-year result was -$74.9 million, up 33.44% from the prior year.
  • EBITDA for Q1 2026 stood at -$18.2 million, up from -$21.7 million in the prior quarter.
  • The five-year high for EBITDA was -$2.0 million in Q1 2022, with the low at -$44.0 million in Q4 2024.
  • Historically, EBITDA has averaged -$19.3 million across 5 years, with a median of -$19.3 million in 2023.
  • The largest YoY upside for EBITDA was 64.32% in 2022 against a maximum downside of 97450.0% in 2022.
  • Tucows' EBITDA stood at -$12.4 million in 2022, then sank by 75.91% to -$21.8 million in 2023, then tumbled by 101.85% to -$44.0 million in 2024, then surged by 50.75% to -$21.7 million in 2025, then increased by 15.77% to -$18.2 million in 2026.
  • The last three EBITDA figures came in at -$18.2 million (Q1 2026), -$21.7 million (Q4 2025), and -$23.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 38.40 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 372,000.00
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 5.46 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 754.00 Mn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 397.00 Mn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 13.79 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 580.00 Mn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 203.05 Mn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn -61.99 Mn
10 Tucows 151.74 Mn 107.43 Mn 24.13 Mn -18.24 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -18.24 Mn
Dec 31, 2025 -21.66 Mn
Sep 30, 2025 -23.81 Mn
Jun 30, 2025 -14.91 Mn
Mar 31, 2025 -14.53 Mn
Dec 31, 2024 -43.98 Mn
Sep 30, 2024 -21.89 Mn
Jun 30, 2024 -18.91 Mn
Mar 31, 2024 -27.78 Mn
Dec 31, 2023 -21.79 Mn
Sep 30, 2023 -23.44 Mn
Jun 30, 2023 -30.78 Mn
Mar 31, 2023 -19.25 Mn
Dec 31, 2022 -12.39 Mn
Sep 30, 2022 -9.76 Mn
Jun 30, 2022 -3.00 Mn
Mar 31, 2022 -1.99 Mn
Dec 31, 2021 -34.71 Mn
Sep 30, 2021 -10,000.00
Jun 30, 2021 11.16 Mn