Tucows (TCX) Equity Average (2011 - 2026)
Tucows (TCX) posted Equity Average of -$172.8 million for Q1 2026, down 12.09% quarter-over-quarter from -$154.1 million in Q4 2025, and down 69.74% year-on-year from -$571.0 million in Q1 2025.
Tucows (TCX) Equity Average (2011 - 2026) Analysis & Trends
Tucows (TCX) has reported Equity Average for 16 consecutive years, with -$172.8 million the latest figure, recorded in Q1 2026.
- Equity Average for Q1 2026 came in at -$172.8 million, down 69.74% year-over-year; the trailing twelve-month figure through Mar 2026 was -$172.8 million (down 69.74% YoY), and the FY2025 annual result was -$129.8 million, down 203.78% from the prior year.
- Equity Average was -$172.8 million for Q1 2026 at Tucows, down from -$154.1 million in the prior quarter.
- Over five years, Equity Average peaked at $115.1 million in Q1 2022 and troughed at -$172.8 million in Q1 2026.
- Average Equity Average over 5 years is -$9.8 million, with a median of -$3.0 million recorded in 2024.
- Year-over-year, Equity Average gained 8.48% in 2022 and sank 3254.08% in 2025.
- Over 5 years, Equity Average stood at $101.1 million in 2022, then slumped by 80.26% to $20.0 million in 2023, then slumped by 471.68% to -$74.2 million in 2024, then tumbled by 107.76% to -$154.1 million in 2025, then fell by 12.09% to -$172.8 million in 2026.
- Per Business Quant data, the three most recent Equity Average figures were -$172.8 million in Q1 2026, -$154.1 million in Q4 2025, and -$132.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 263.58 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 41.05 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 7.92 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 9.03 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 4.22 Bn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 1.11 Bn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 1.49 Bn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 29.44 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 21.94 Bn |
| 10 | Tucows | 153.30 Mn | 108.99 Mn | 24.13 Mn | -172.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -172.76 Mn |
| Dec 31, 2025 | -154.13 Mn |
| Sep 30, 2025 | -132.87 Mn |
| Jun 30, 2025 | -114.97 Mn |
| Mar 31, 2025 | -101.78 Mn |
| Dec 31, 2024 | -74.19 Mn |
| Sep 30, 2024 | -43.07 Mn |
| Jun 30, 2024 | -24.51 Mn |
| Mar 31, 2024 | -3.03 Mn |
| Dec 31, 2023 | 19.96 Mn |
| Sep 30, 2023 | 40.58 Mn |
| Jun 30, 2023 | 65.38 Mn |
| Mar 31, 2023 | 88.15 Mn |
| Dec 31, 2022 | 101.10 Mn |
| Sep 30, 2022 | 109.53 Mn |
| Jun 30, 2022 | 114.26 Mn |
| Mar 31, 2022 | 115.05 Mn |
| Dec 31, 2021 | 114.16 Mn |
| Sep 30, 2021 | 112.02 Mn |
| Jun 30, 2021 | 109.12 Mn |