Tucows (TCX) Invested Capital (2010 - 2026)

Tucows (TCX) has reported Invested Capital for 17 consecutive years, with $93.0 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Invested Capital fell 44.6% year-over-year to $93.0 million; the trailing twelve-month figure through Jun 2026 stood at $93.0 million (down 44.6% YoY), and the FY2025 full-year result was $127.5 million, down 34.14% from the prior year.
• Invested Capital fell to $93.0 million in Q2 2026 per TCX's latest filing, from $111.6 million in the prior quarter.
• Across five years, Invested Capital topped out at $566.4 million in Q2 2022 and bottomed at $93.0 million in Q2 2026.
• Historically, Invested Capital has averaged $239.3 million across 5 years, with a median of $220.3 million in 2023.
• The sharpest annual moves came in 2022 and 2023: Invested Capital surged 125.85% in 2022, then slumped 50.5% in 2023.
• Over 5 years, Invested Capital stood at $336.0 million in 2022, then sank by 30.72% to $232.8 million in 2023, then declined by 16.82% to $193.6 million in 2024, then slumped by 34.14% to $127.5 million in 2025, then fell by 27.04% to $93.0 million in 2026.
• According to Business Quant data, Invested Capital over the past three periods registered $93.0 million, $111.6 million, and $127.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.