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
DateValue
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