Tucows (TCX) EBT Margin (2010 - 2026)

Tucows (TCX) reported EBT Margin of 16.24% for Q1 2026, down 254.0% on a YoY basis from 10.55% in Q1 2025, and up 68.36% quarter-over-quarter from 51.33% in Q4 2025.

Tucows (TCX) EBT Margin (2010 - 2026) Analysis & Trends

Tucows has reported EBT Margin for 17 years, with the latest figure at 16.24% in Q1 2026.

  • For the quarter ending Q1 2026, EBT Margin fell 254.0% year-over-year to 16.24%; the trailing twelve-month figure through Mar 2026 stood at 25.58% (down 118.0% YoY), and the FY2025 full-year result was 24.99%, up 313.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 16.24%, up from 51.33% in the prior quarter.
  • The five-year high for EBT Margin was 2.39% in Q1 2022, with the low at 51.33% in Q4 2025.
  • Historically, EBT Margin has averaged 23.86% across 5 years, with a median of 20.83% in 2024.
  • Annual changes were most pronounced in 2023 — EBT Margin sank 3713 bps — and 2024, when it jumped 2056 bps.
  • Tucows' EBT Margin stood at 18.31% in 2022, then sank by 171 bps to 49.6% in 2023, then rose by 12 bps to 43.56% in 2024, then fell by 18 bps to 51.33% in 2025, then jumped by 68 bps to 16.24% in 2026.
  • The last three EBT Margin figures came in at 16.24% (Q1 2026), 51.33% (Q4 2025), and 20.9% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 47.46%
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 6.63%
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 25.69%
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 54.43%
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 21.16%
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 4.43%
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 35.50%
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 3.28%
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn -3.35%
10 Tucows 151.74 Mn 107.43 Mn 24.13 Mn -16.24%

Historic Data

Download Data
DateValue
Mar 31, 2026 -16.24%
Dec 31, 2025 -51.33%
Sep 30, 2025 -20.90%
Jun 30, 2025 -13.61%
Mar 31, 2025 -13.71%
Dec 31, 2024 -43.56%
Sep 30, 2024 -20.83%
Jun 30, 2024 -19.44%
Mar 31, 2024 -28.25%
Dec 31, 2023 -49.60%
Sep 30, 2023 -27.13%
Jun 30, 2023 -40.00%
Mar 31, 2023 -25.86%
Dec 31, 2022 -18.31%
Sep 30, 2022 -11.54%
Jun 30, 2022 -2.87%
Mar 31, 2022 -2.39%
Dec 31, 2021 1.54%
Sep 30, 2021 1.45%
Jun 30, 2021 2.26%