Tucows (TCX) FCF Margin (2010 - 2026)

Tucows (TCX) has reported FCF Margin for 17 consecutive years, with 3.1% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, FCF Margin fell 625.0% year-over-year to 3.1%; the trailing twelve-month figure through Jun 2026 stood at 3.65% (up 933.0% YoY), and the FY2025 full-year result was 5.86%, up 1518.0% from the prior year.
• FCF Margin eased to 3.1% in Q2 2026 per TCX's latest filing, from 2.07% in the prior quarter.
• Across five years, FCF Margin topped out at 3.15% in Q2 2025 and bottomed at 61.09% in Q3 2022.
• Historically, FCF Margin has averaged 20.88% across 5 years, with a median of 21.0% in 2024.
• The sharpest annual moves came in 2022 and 2023: FCF Margin slumped 4397 bps in 2022, then soared 3641 bps in 2023.
• Over 5 years, FCF Margin stood at 42.82% in 2022, then soared by 85 bps to 6.41% in 2023, then slumped by 176 bps to 17.68% in 2024, then surged by 60 bps to 7.06% in 2025, then jumped by 56 bps to 3.1% in 2026.
• According to Business Quant data, FCF Margin over the past three periods registered 3.1%, 2.07%, and 7.06% for Q2 2026, Q1 2026, and Q4 2025 respectively.