Tucows (TCX) FCF Margin (2010 - 2026)

Tucows (TCX) posted FCF Margin of 2.07% for Q1 2026, down 125.81% quarter-over-quarter from 8.03% in Q4 2025, and up 1134.0% year-on-year from 0.17% in Q1 2025.

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

Tucows (TCX) has reported FCF Margin for 17 consecutive years, with 2.07% the latest figure, recorded in Q1 2026.

  • FCF Margin for Q1 2026 came in at 2.07%, up 1134.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.21% (up 2086.0% YoY), and the FY2025 annual result was 2.05%, up 1899.0% from the prior year.
  • FCF Margin was 2.07% for Q1 2026 at Tucows, down from 8.03% in the prior quarter.
  • Over five years, FCF Margin peaked at 64.91% in Q3 2022 and troughed at 167.46% in Q4 2022.
  • Average FCF Margin over 5 years is 14.14%, with a median of 6.41% recorded in 2023.
  • Year-over-year, FCF Margin slumped 15225 bps in 2022 and jumped 16104 bps in 2023.
  • Over 5 years, FCF Margin stood at 167.46% in 2022, then soared by 96 bps to 6.41% in 2023, then tumbled by 176 bps to 17.68% in 2024, then soared by 145 bps to 8.03% in 2025, then tumbled by 126 bps to 2.07% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 2.07% in Q1 2026, 8.03% in Q4 2025, and 0.34% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 19.07%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 72.18%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 54.62%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 14.80%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 30.29%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 55.21%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 14.55%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 34.10%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 15.44%
10 Tucows 153.30 Mn 108.99 Mn 24.13 Mn -2.07%

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.07%
Dec 31, 2025 8.03%
Sep 30, 2025 -0.34%
Jun 30, 2025 3.15%
Mar 31, 2025 -13.41%
Dec 31, 2024 -17.68%
Sep 30, 2024 -20.67%
Jun 30, 2024 -23.11%
Mar 31, 2024 -22.87%
Dec 31, 2023 -6.41%
Sep 30, 2023 -33.93%
Jun 30, 2023 -4.97%
Mar 31, 2023 -8.49%
Dec 31, 2022 -167.46%
Sep 30, 2022 64.91%
Jun 30, 2022 0.57%
Mar 31, 2022 4.31%
Dec 31, 2021 -15.20%
Sep 30, 2021 -0.37%
Jun 30, 2021 -24.16%