Tucows (TCX) Free Cash Flow (2010 - 2026)
Tucows' (TCX) quarterly Free Cash Flow came in at $2.6 million in Q1 2026, up 115.48% year-on-year from $1.2 million in Q1 2025, and up 114.47% quarter-over-quarter from -$17.9 million in Q4 2025.
Tucows (TCX) Free Cash Flow (2010 - 2026) Analysis & Trends
Tucows' Free Cash Flow history runs 17 years deep, the most recent figure standing at $2.6 million for Q1 2026.
- On a quarterly basis, Free Cash Flow rose 115.48% year-over-year to $2.6 million in Q1 2026; TTM through Mar 2026 was -$12.5 million, a 88.81% increase from a year earlier, with the FY2025 full-year figure at -$22.9 million, up 69.99% from the prior year.
- Free Cash Flow rose to $2.6 million in Q1 2026 per TCX's latest filing, from -$17.9 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $47.9 million in Q3 2023 and bottomed at -$55.3 million in Q4 2024.
- The 5-year median for Free Cash Flow is -$17.9 million (2025), against an average of -$15.0 million.
- Across the five-year window, Free Cash Flow slumped 16930.0% in 2022 and surged 200.44% in 2023, its largest moves.
- Year by year, Free Cash Flow stood at -$33.8 million in 2022, then jumped by 106.3% to $2.1 million in 2023, then plunged by 2699.72% to -$55.3 million in 2024, then surged by 67.74% to -$17.9 million in 2025, then soared by 114.47% to $2.6 million in 2026.
- Per Business Quant, the three latest TCX Free Cash Flow figures stand at $2.6 million (Q1 2026), -$17.9 million (Q4 2025), and -$331000.0 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,933.12 Bn | 2,808.68 Bn | 56.06 Bn | 45.75 Bn |
| 2 | PagSeguro Digital | 2,675.54 Bn | 2,675.54 Bn | 358.92 Mn | 223.25 Mn |
| 3 | Repay Holdings | 335.19 Bn | 335.05 Bn | - | - |
| 4 | Oracle | 334.86 Bn | 302.97 Bn | - | -1.87 Bn |
| 5 | Palantir Technologies | 298.56 Bn | 290.54 Bn | 1.42 Bn | 891.76 Mn |
| 6 | Palo Alto Networks | 222.38 Bn | 217.85 Bn | 1.91 Bn | 384.00 Mn |
| 7 | CrowdStrike Holdings | 180.49 Bn | 177.39 Bn | 993.68 Mn | 628.76 Mn |
| 8 | Fortinet | 107.93 Bn | 104.63 Bn | 1.49 Bn | 1.02 Bn |
| 9 | Cloudflare | 93.33 Bn | 92.39 Bn | 455.60 Mn | 164.72 Mn |
| 10 | Tucows | 102.79 Mn | 58.49 Mn | 24.13 Mn | 2.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.58 Mn |
| Mar 31, 2026 | 2.58 Mn |
| Dec 31, 2025 | -17.86 Mn |
| Dec 31, 2025 | -17.86 Mn |
| Sep 30, 2025 | -331,000.00 |
| Sep 30, 2025 | -331,000.00 |
| Jun 30, 2025 | 3.10 Mn |
| Jun 30, 2025 | 3.10 Mn |
| Mar 31, 2025 | -16.69 Mn |
| Mar 31, 2025 | -16.69 Mn |
| Dec 31, 2024 | -55.35 Mn |
| Dec 31, 2024 | -55.35 Mn |
| Sep 30, 2024 | -19.08 Mn |
| Sep 30, 2024 | -19.08 Mn |
| Jun 30, 2024 | -20.67 Mn |
| Jun 30, 2024 | -20.67 Mn |
| Mar 31, 2024 | -20.00 Mn |
| Mar 31, 2024 | -20.00 Mn |
| Dec 31, 2023 | 2.13 Mn |
| Dec 31, 2023 | 2.13 Mn |