Tucows (TCX) EBITDA Margin (2010 - 2026)
Tucows' (TCX) quarterly EBITDA Margin came in at 4.86% in Q2 2026, down 962.0% on a YoY basis from 0.56% in Q2 2025, and down 68.3% quarter-over-quarter from 15.33% in Q1 2026.
Analysis
Tucows (TCX) EBITDA Margin (2010 - 2026) Analysis & Trends
Tucows (TCX) has reported EBITDA Margin for 17 consecutive years, with 4.86% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin fell 962.0% year-over-year to 4.86%; the trailing twelve-month figure through Jun 2026 stood at 12.73% (down 115.0% YoY), and the FY2025 full-year result was 15.35%, up 310.0% from the prior year.
- EBITDA Margin slipped to 4.86% in Q2 2026 per TCX's latest filing, from 15.33% in the prior quarter.
- Across five years, EBITDA Margin topped out at 17.67% in Q4 2022 and bottomed at 21.49% in Q1 2023.
- Historically, EBITDA Margin has averaged 6.18% across 5 years, with a median of 12.52% in 2024.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin tumbled 3619 bps in 2023, then soared 3294 bps in 2024.
- Over 5 years, EBITDA Margin stood at 17.67% in 2022, then sank by 205 bps to 18.52% in 2023, then soared by 167 bps to 12.5% in 2024, then climbed by 22 bps to 15.23% in 2025, then sank by 68 bps to 4.86% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 4.86%, 15.33%, and 15.23% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verisign | 25.64 Bn | 24.61 Bn | 384.60 Mn | 68.18% |
| 2 | GoDaddy | 12.20 Bn | 11.01 Bn | 828.20 Mn | 26.39% |
| 3 | Wix.com | 4.08 Bn | 3.47 Bn | 370.34 Mn | - |
| 4 | Tucows | 119.29 Mn | 75.13 Mn | 25.78 Mn | 4.86% |
| 5 | Yinfu Gold | 9.92 Mn | 9.92 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.86% |
| Mar 31, 2026 | 15.33% |
| Dec 31, 2025 | 15.23% |
| Sep 30, 2025 | 15.73% |
| Jun 30, 2025 | 14.47% |
| Mar 31, 2025 | 16.00% |
| Dec 31, 2024 | 12.50% |
| Sep 30, 2024 | 12.49% |
| Jun 30, 2024 | 12.54% |
| Mar 31, 2024 | 11.45% |
| Dec 31, 2023 | -18.52% |
| Sep 30, 2023 | -19.74% |
| Jun 30, 2023 | -15.42% |
| Mar 31, 2023 | -21.49% |
| Dec 31, 2022 | 17.67% |
| Sep 30, 2022 | 10.09% |
| Jun 30, 2022 | 14.08% |
| Mar 31, 2022 | 13.95% |
| Dec 31, 2021 | 15.44% |
| Sep 30, 2021 | 16.08% |