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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Tucows (TCX) Gross Margin (2016 - 2025)

Tucows (TCX) has 16 years of Gross Margin data on record, last reported at 24.53% in Q3 2025.

  • For Q3 2025, Gross Margin rose 50.0% year-over-year to 24.53%; the TTM value through Sep 2025 reached 23.79%, up 157.0%, while the annual FY2024 figure was 22.92%, 327.0% up from the prior year.
  • Gross Margin reached 24.53% in Q3 2025 per TCX's latest filing, up from 22.46% in the prior quarter.
  • Across five years, Gross Margin topped out at 29.8% in Q4 2021 and bottomed at 17.48% in Q1 2023.
  • Average Gross Margin over 5 years is 23.24%, with a median of 23.32% recorded in 2024.
  • Peak YoY movement for Gross Margin: skyrocketed 518bps in 2021, then plummeted -866bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 29.8% in 2021, then decreased by -28bps to 21.56% in 2022, then fell by -5bps to 20.49% in 2023, then increased by 14bps to 23.32% in 2024, then rose by 5bps to 24.53% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 24.53% in Q3 2025, 22.46% in Q2 2025, and 24.87% in Q1 2025.