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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 - 2026)

Tucows filings provide 17 years of Gross Margin readings, the most recent being 24.96% for Q1 2026.

  • Quarterly Gross Margin rose 9.0% to 24.96% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 24.1% through Mar 2026, up 21.0% year-over-year, with the annual reading at 24.07% for FY2025, 115.0% up from the prior year.
  • Gross Margin hit 24.96% in Q1 2026 for Tucows, up from 24.46% in the prior quarter.
  • Across five years, Gross Margin topped out at 26.54% in Q2 2022 and bottomed at 17.48% in Q1 2023.
  • Average Gross Margin over 5 years is 22.86%, with a median of 23.27% recorded in 2024.
  • The largest annual shift saw Gross Margin tumbled -866bps in 2023 before it skyrocketed 478bps in 2024.
  • Tucows' Gross Margin stood at 21.56% in 2022, then fell by -5bps to 20.49% in 2023, then increased by 14bps to 23.32% in 2024, then increased by 5bps to 24.46% in 2025, then rose by 2bps to 24.96% in 2026.
  • Per Business Quant, the three most recent readings for TCX's Gross Margin are 24.96% (Q1 2026), 24.46% (Q4 2025), and 24.53% (Q3 2025).