Tucows (TCX) Net Income (2010 - 2026)
Tucows (TCX) reported Net Income of -$18.1 million for Q1 2026, down 19.34% on a YoY basis from -$22.4 million in Q1 2025, and up 65.56% quarter-over-quarter from -$52.6 million in Q4 2025.
Tucows (TCX) Net Income (2010 - 2026) Analysis & Trends
Tucows has reported Net Income for 17 years, with the latest figure at -$18.1 million in Q1 2026.
- For the quarter ending Q1 2026, Net Income fell 19.34% year-over-year to -$18.1 million; the trailing twelve-month figure through Mar 2026 stood at -$109.4 million (down 11.93% YoY), and the FY2025 full-year result was -$106.4 million, up 2.44% from the prior year.
- Net Income for Q1 2026 stood at -$18.1 million, up from -$52.6 million in the prior quarter.
- The five-year high for Net Income was -$3.0 million in Q1 2022, with the low at -$54.9 million in Q4 2023.
- Historically, Net Income has averaged -$22.9 million across 5 years, with a median of -$19.1 million in 2023.
- Annual changes were most pronounced in 2023 — Net Income tumbled 891.78% — and 2025, when it surged 42.79%.
- Tucows' Net Income stood at -$13.4 million in 2022, then plunged by 308.27% to -$54.9 million in 2023, then rose by 24.12% to -$41.6 million in 2024, then declined by 26.26% to -$52.6 million in 2025, then surged by 65.56% to -$18.1 million in 2026.
- The last three Net Income figures came in at -$18.1 million (Q1 2026), -$52.6 million (Q4 2025), and -$23.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 31.78 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 593,000.00 |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 3.72 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 876.40 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 432.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 61.44 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 534.60 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 64.72 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -22.90 Mn |
| 10 | Tucows | 151.74 Mn | 107.43 Mn | 24.13 Mn | -18.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -18.10 Mn |
| Dec 31, 2025 | -52.55 Mn |
| Sep 30, 2025 | -23.06 Mn |
| Jun 30, 2025 | -15.67 Mn |
| Mar 31, 2025 | -15.17 Mn |
| Dec 31, 2024 | -41.62 Mn |
| Sep 30, 2024 | -22.32 Mn |
| Jun 30, 2024 | -18.60 Mn |
| Mar 31, 2024 | -26.51 Mn |
| Dec 31, 2023 | -54.85 Mn |
| Sep 30, 2023 | -22.77 Mn |
| Jun 30, 2023 | -30.99 Mn |
| Mar 31, 2023 | -19.09 Mn |
| Dec 31, 2022 | -13.44 Mn |
| Sep 30, 2022 | -8.01 Mn |
| Jun 30, 2022 | -3.13 Mn |
| Mar 31, 2022 | -3.02 Mn |
| Dec 31, 2021 | -1.97 Mn |
| Sep 30, 2021 | 1.40 Mn |
| Jun 30, 2021 | 1.80 Mn |