Growth Metrics

Tucows (TCX) Net Margin (2016 - 2025)

Tucows (TCX) has 16 years of Net Margin data on record, last reported at 23.41% in Q3 2025.

  • For Q3 2025, Net Margin rose 76.0% year-over-year to 23.41%; the TTM value through Sep 2025 reached 30.49%, down 501.0%, while the annual FY2024 figure was 24.74%, 361.0% up from the prior year.
  • Net Margin reached 23.41% in Q3 2025 per TCX's latest filing, down from 15.88% in the prior quarter.
  • Across five years, Net Margin topped out at 2.96% in Q1 2021 and bottomed at 68.17% in Q4 2024.
  • Average Net Margin over 5 years is 18.0%, with a median of 17.08% recorded in 2022.
  • The widest YoY moves for Net Margin: up 1563bps in 2024, down -4132bps in 2024.
  • A 5-year view of Net Margin shows it stood at 2.38% in 2021, then tumbled by -616bps to 17.08% in 2022, then crashed by -57bps to 26.85% in 2023, then plummeted by -154bps to 68.17% in 2024, then skyrocketed by 66bps to 23.41% in 2025.
  • Per Business Quant database, its latest 3 readings for Net Margin were 23.41% in Q3 2025, 15.88% in Q2 2025, and 16.0% in Q1 2025.