Tucows (TCX) Free Cash Flow (2010 - 2026)

Tucows has reported Free Cash Flow for 17 years, with the latest figure at -$2.0 million in Q1 2026.

• For the quarter ending Q1 2026, Free Cash Flow rose 84.2% year-over-year to -$2.0 million; the trailing twelve-month figure through Mar 2026 stood at $8.7 million (up 112.61% YoY), and the FY2025 full-year result was -$8.0 million, up 89.53% from the prior year.
• Free Cash Flow for Q1 2026 stood at -$2.0 million, down from $7.9 million in the prior quarter.
• The five-year high for Free Cash Flow was $50.7 million in Q3 2022, with the low at -$132.1 million in Q4 2022.
• Historically, Free Cash Flow has averaged -$12.0 million across 5 years, with a median of -$5.6 million in 2023.
• Annual changes were most pronounced in 2022 — Free Cash Flow jumped 18193.93% — and 2023, when it slumped 991.35%.
• Tucows' Free Cash Flow stood at -$132.1 million in 2022, then surged by 95.78% to -$5.6 million in 2023, then tumbled by 195.23% to -$16.5 million in 2024, then jumped by 148.14% to $7.9 million in 2025, then plunged by 125.29% to -$2.0 million in 2026.
• The last three Free Cash Flow figures came in at -$2.0 million (Q1 2026), $7.9 million (Q4 2025), and -$331000.0 (Q3 2025), per Business Quant data.