Tucows (TCX) FCF Margin (2010 - 2026)
Tucows' (TCX) quarterly FCF Margin came in at 2.67% in Q1 2026, up 2031.0% year-on-year from 0.13% in Q1 2025, and up 114.77% quarter-over-quarter from 18.1% in Q4 2025.
Tucows (TCX) FCF Margin (2010 - 2026) Analysis & Trends
Tucows' FCF Margin history runs 17 years deep, the most recent figure standing at 2.67% for Q1 2026.
- On a quarterly basis, FCF Margin rose 2031.0% year-over-year to 2.67% in Q1 2026; TTM through Mar 2026 was 3.19%, a 2707.0% increase from a year earlier, with the FY2025 full-year figure at 5.86%, up 1518.0% from the prior year.
- FCF Margin rose to 2.67% in Q1 2026 per TCX's latest filing, from 18.1% in the prior quarter.
- Across five years, FCF Margin topped out at 55.07% in Q3 2023 and bottomed at 61.09% in Q3 2022.
- The 5-year median for FCF Margin is 20.67% (2024), against an average of 17.59%.
- Across the five-year window, FCF Margin surged 11616 bps in 2023 and plunged 7574 bps in 2024, its largest moves.
- Year by year, FCF Margin stood at 42.82% in 2022, then soared by 106 bps to 2.45% in 2023, then sank by 2528 bps to 59.45% in 2024, then surged by 70 bps to 18.1% in 2025, then jumped by 115 bps to 2.67% in 2026.
- Per Business Quant, the three latest TCX FCF Margin figures stand at 2.67% (Q1 2026), 18.1% (Q4 2025), and 0.34% (Q3 2025).
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,895.32 Bn | 2,770.88 Bn | 56.06 Bn | 55.19% |
| 2 | PagSeguro Digital | 2,672.75 Bn | 2,672.75 Bn | 358.92 Mn | 23.47% |
| 3 | Repay Holdings | 344.36 Bn | 344.21 Bn | - | - |
| 4 | Oracle | 339.20 Bn | 307.30 Bn | - | -9.76% |
| 5 | Palantir Technologies | 296.91 Bn | 288.89 Bn | 1.42 Bn | 54.62% |
| 6 | Palo Alto Networks | 225.55 Bn | 221.01 Bn | 1.91 Bn | 14.80% |
| 7 | CrowdStrike Holdings | 185.68 Bn | 182.58 Bn | 993.68 Mn | 48.17% |
| 8 | Fortinet | 109.83 Bn | 106.54 Bn | 1.49 Bn | 55.21% |
| 9 | Cloudflare | 95.19 Bn | 94.25 Bn | 455.60 Mn | 25.75% |
| 10 | Tucows | 101.68 Mn | 57.37 Mn | 24.13 Mn | 2.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.67% |
| Dec 31, 2025 | -18.10% |
| Sep 30, 2025 | -0.34% |
| Jun 30, 2025 | 3.15% |
| Mar 31, 2025 | -17.64% |
| Dec 31, 2024 | -59.45% |
| Sep 30, 2024 | -20.67% |
| Jun 30, 2024 | -23.11% |
| Mar 31, 2024 | -22.87% |
| Dec 31, 2023 | 2.45% |
| Sep 30, 2023 | 55.07% |
| Jun 30, 2023 | -29.12% |
| Mar 31, 2023 | -46.00% |
| Dec 31, 2022 | -42.82% |
| Sep 30, 2022 | -61.09% |
| Jun 30, 2022 | 0.57% |
| Mar 31, 2022 | -21.76% |
| Dec 31, 2021 | 14.81% |
| Sep 30, 2021 | -0.37% |
| Jun 30, 2021 | 4.40% |