Tucows (TCX) EBITDA Margin (2010 - 2026)
Tucows (TCX) posted quarterly EBITDA Margin of 12.03% for Q1 2026, up 1293.0% year-over-year from 0.86% in Q1 2025, and down 5.01% quarter-over-quarter from 12.66% in Q4 2025.
Tucows (TCX) EBITDA Margin (2010 - 2026) Analysis & Trends
Tucows' EBITDA Margin history runs 17 years deep, the most recent figure standing at 12.03% for Q1 2026.
- In Q1 2026, EBITDA Margin rose 1293.0% year-over-year to 12.03%; the TTM figure through Mar 2026 stood at 13.3% (up 1242.0% YoY), while the FY2025 annual figure was 12.47%, up 1268.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 12.03%, down from 12.66% in the prior quarter.
- The five-year high for EBITDA Margin was 17.67% in Q4 2022, with the low at 21.49% in Q1 2023.
- The 5-year median for EBITDA Margin is 10.09% (2022), against an average of 2.25%.
- The sharpest annual moves came in 2023 and 2024: EBITDA Margin sank 3619 bps in 2023, then soared 3223 bps in 2024.
- Tucows' EBITDA Margin stood at 17.67% in 2022, then tumbled by 205 bps to 18.52% in 2023, then surged by 94 bps to 1.07% in 2024, then soared by 1285 bps to 12.66% in 2025, then retreated by 5 bps to 12.03% in 2026.
- Business Quant data shows TCX's EBITDA Margin at 12.03% in Q1 2026, 12.66% in Q4 2025, and 15.73% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 45.11% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 47.12% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 31.97% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -6.10% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 33.66% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -29.55% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 8.43% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -1.90% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 6.75% |
| 10 | Tucows | 115.11 Mn | 70.95 Mn | 25.78 Mn | -5.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -5.43% |
| Mar 31, 2026 | 12.03% |
| Dec 31, 2025 | 12.66% |
| Sep 30, 2025 | 15.73% |
| Jun 30, 2025 | 12.74% |
| Mar 31, 2025 | -0.90% |
| Dec 31, 2024 | -1.07% |
| Sep 30, 2024 | 12.49% |
| Jun 30, 2024 | -7.20% |
| Mar 31, 2024 | 1.08% |
| 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% |