Tucows (TCX) Intangibles (2010 - 2026)
Tucows' Intangibles came in at $18.76 million for Q2 2026, down 14.3% from $21.89 million a year earlier and down 3.7% from the prior quarter.
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Analysis
Tucows (TCX) Intangibles (2010 - 2026) Analysis & Trends
At the end of FY2025, Tucows' Intangibles was $19.7 million, down 20.4% from FY2024.
- Intangibles has declined in each of the last four years, with a five-year compound annual growth rate of -16.1% (FY2020 to FY2025).
- Going back by year, Intangibles was $24.76 million in FY2024 (-16.0%), $29.48 million in FY2023 (-25.9%), $39.79 million in FY2022 (-21.1%) and $50.41 million in FY2021 (+6.2%).
- The Q2 2026 figure represents the lowest quarterly Intangibles since Q1 2016.
- Year-over-year, Intangibles has declined for 15 consecutive quarters, with an average decline of 17.5% over the last eight quarters.
- The fastest year-over-year change in Intangibles over five years came in Q1 2022 (growth of 25.0%), and the weakest in Q4 2023 (a decline of 25.9%).
- Business Quant data shows TCX's Intangibles at $19.48 million (Q1 2026), $19.7 million (Q4 2025) and $20.98 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,809.31 Bn | 3,732.47 Bn | 60.48 Bn | 18.61 Bn |
| 2 | International Business Machines | 207.26 Bn | 158.16 Bn | 9.91 Bn | 13.96 Bn |
| 3 | Cloudflare | 111.87 Bn | 95.40 Bn | 499.52 Mn | 57.37 Mn |
| 4 | Equinix | 99.81 Bn | 88.37 Bn | 1.40 Bn | 1.20 Bn |
| 5 | Nebius | 59.68 Bn | 33.11 Bn | 448.70 Mn | 83.90 Mn |
| 6 | CoreWeave | 48.00 Bn | 35.10 Bn | 1.70 Bn | 245.00 Mn |
| 7 | Verisign | 25.49 Bn | 22.71 Bn | 384.60 Mn | - |
| 8 | Nutanix | 19.05 Bn | 10.74 Bn | 651.35 Mn | 1.84 Mn |
| 9 | Akamai Technologies | 15.27 Bn | 8.68 Bn | 613.75 Mn | 564.28 Mn |
| 10 | Tucows | 105.47 Mn | -83.84 Mn | 25.78 Mn | 18.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.76 Mn |
| Mar 31, 2026 | 19.48 Mn |
| Dec 31, 2025 | 19.70 Mn |
| Sep 30, 2025 | 20.98 Mn |
| Jun 30, 2025 | 21.89 Mn |
| Mar 31, 2025 | 23.55 Mn |
| Dec 31, 2024 | 24.76 Mn |
| Sep 30, 2024 | 25.97 Mn |
| Jun 30, 2024 | 26.70 Mn |
| Mar 31, 2024 | 27.90 Mn |
| Dec 31, 2023 | 29.48 Mn |
| Sep 30, 2023 | 32.10 Mn |
| Jun 30, 2023 | 34.69 Mn |
| Mar 31, 2023 | 37.08 Mn |
| Dec 31, 2022 | 39.79 Mn |
| Sep 30, 2022 | 42.00 Mn |
| Jun 30, 2022 | 44.84 Mn |
| Mar 31, 2022 | 47.66 Mn |
| Dec 31, 2021 | 50.41 Mn |
| Sep 30, 2021 | 40.41 Mn |
API Access
Tucows Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=TCX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "TCX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=TCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();