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Tucows (TCX) Operating Expenses (2016 - 2025)

Tucows (TCX) has 16 years of Operating Expenses data on record, last reported at $33.8 million in Q3 2025.

  • For Q3 2025, Operating Expenses rose 4.72% year-over-year to $33.8 million; the TTM value through Sep 2025 reached $99.4 million, down 23.76%, while the annual FY2024 figure was $59.0 million, 54.76% down from the prior year.
  • Operating Expenses reached $33.8 million in Q3 2025 per TCX's latest filing, up from $25.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $34.8 million in Q1 2024 and bottomed at $15.1 million in Q4 2024.
  • Average Operating Expenses over 5 years is $27.5 million, with a median of $27.4 million recorded in 2022.
  • Peak YoY movement for Operating Expenses: surged 40.15% in 2022, then crashed 55.45% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $26.0 million in 2021, then increased by 15.6% to $30.0 million in 2022, then increased by 13.04% to $33.9 million in 2023, then plummeted by 55.45% to $15.1 million in 2024, then soared by 123.4% to $33.8 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $33.8 million in Q3 2025, $25.0 million in Q2 2025, and $25.6 million in Q1 2025.