Tucows (TCX) Enterprise Value (2010 - 2026)
Tucows (TCX) reported Enterprise Value of -$44.3 million for Q1 2026, down 16.36% on a YoY basis from -$53.0 million in Q1 2025, and up 5.25% quarter-over-quarter from -$46.8 million in Q4 2025.
Tucows (TCX) Enterprise Value (2010 - 2026) Analysis & Trends
Tucows has reported Enterprise Value for 17 years, with the latest figure at -$44.3 million in Q1 2026.
- For the quarter ending Q1 2026, Enterprise Value fell 16.36% year-over-year to -$44.3 million; the trailing twelve-month figure through Mar 2026 stood at -$44.3 million (down 16.36% YoY), and the FY2025 full-year result was -$46.8 million, up 17.83% from the prior year.
- Enterprise Value for Q1 2026 stood at -$44.3 million, up from -$46.8 million in the prior quarter.
- The five-year high for Enterprise Value was -$7.6 million in Q1 2022, with the low at -$148.9 million in Q2 2023.
- Historically, Enterprise Value has averaged -$52.5 million across 5 years, with a median of -$46.8 million in 2025.
- Annual changes were most pronounced in 2023 — Enterprise Value plunged 1647.11% — and 2024, when it soared 73.5%.
- Tucows' Enterprise Value stood at -$25.4 million in 2022, then slumped by 273.89% to -$95.0 million in 2023, then soared by 40.08% to -$56.9 million in 2024, then rose by 17.83% to -$46.8 million in 2025, then grew by 5.25% to -$44.3 million in 2026.
- The last three Enterprise Value figures came in at -$44.3 million (Q1 2026), -$46.8 million (Q4 2025), and -$54.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | -78.27 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | -14.15 Bn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | -38.58 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | -7.92 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | -4.54 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -3.06 Bn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | -3.29 Bn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | -117.84 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -943.18 Mn |
| 10 | Tucows | 151.74 Mn | 107.43 Mn | 24.13 Mn | -44.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -44.31 Mn |
| Dec 31, 2025 | -46.76 Mn |
| Sep 30, 2025 | -54.08 Mn |
| Jun 30, 2025 | -52.50 Mn |
| Mar 31, 2025 | -38.08 Mn |
| Dec 31, 2024 | -56.90 Mn |
| Sep 30, 2024 | -75.92 Mn |
| Jun 30, 2024 | -39.46 Mn |
| Mar 31, 2024 | -67.16 Mn |
| Dec 31, 2023 | -94.96 Mn |
| Sep 30, 2023 | -110.92 Mn |
| Jun 30, 2023 | -148.92 Mn |
| Mar 31, 2023 | -13.02 Mn |
| Dec 31, 2022 | -25.40 Mn |
| Sep 30, 2022 | -8.53 Mn |
| Jun 30, 2022 | -8.52 Mn |
| Mar 31, 2022 | -7.56 Mn |
| Dec 31, 2021 | -9.40 Mn |
| Sep 30, 2021 | -5.54 Mn |
| Jun 30, 2021 | -8.96 Mn |