Tucows (TCX) Invested Capital (2010 - 2026)

Tucows (TCX) has reported Invested Capital for 17 consecutive years, with -$181.1 million the latest figure, recorded in Q1 2026.

• Invested Capital for Q1 2026 came in at -$181.1 million, down 68.01% year-over-year; the trailing twelve-month figure through Mar 2026 was -$181.1 million (down 68.01% YoY), and the FY2025 annual result was -$164.1 million, down 74.55% from the prior year.
• Invested Capital was -$181.1 million for Q1 2026 at Tucows, down from -$164.1 million in the prior quarter.
• Over five years, Invested Capital peaked at $115.0 million in Q1 2022 and troughed at -$181.1 million in Q1 2026.
• Average Invested Capital over 5 years is -$18.3 million, with a median of -$15.9 million recorded in 2024.
• Year-over-year, Invested Capital advanced 6.99% in 2022 and tumbled 1052.2% in 2024.
• Over 5 years, Invested Capital stood at $97.0 million in 2022, then plunged by 89.82% to $9.9 million in 2023, then sank by 1052.2% to -$94.0 million in 2024, then plunged by 74.55% to -$164.1 million in 2025, then fell by 10.33% to -$181.1 million in 2026.
• Per Business Quant data, the three most recent Invested Capital figures were -$181.1 million in Q1 2026, -$164.1 million in Q4 2025, and -$143.5 million in Q3 2025.