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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Tucows (TCX) Net Margin (2016 - 2026)

Tucows filings provide 17 years of Net Margin readings, the most recent being 18.73% for Q1 2026.

  • Quarterly Net Margin fell 269.0% to 18.73% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 27.88% through Mar 2026, down 143.0% year-over-year, with the annual reading at 27.25% for FY2025, 284.0% up from the prior year.
  • Net Margin hit 18.73% in Q1 2026 for Tucows, up from 53.26% in the prior quarter.
  • Across five years, Net Margin topped out at 3.72% in Q1 2022 and bottomed at 63.08% in Q4 2023.
  • Average Net Margin over 5 years is 25.39%, with a median of 23.39% recorded in 2025.
  • The largest annual shift saw Net Margin plummeted -4605bps in 2023 before it skyrocketed 1837bps in 2024.
  • Tucows' Net Margin stood at 17.03% in 2022, then plummeted by -270bps to 63.08% in 2023, then rose by 29bps to 44.71% in 2024, then fell by -19bps to 53.26% in 2025, then skyrocketed by 65bps to 18.73% in 2026.
  • Per Business Quant, the three most recent readings for TCX's Net Margin are 18.73% (Q1 2026), 53.26% (Q4 2025), and 23.39% (Q3 2025).