Tucows (TCX) Operating Income (2010 - 2026)
Tucows (TCX) posted quarterly Operating Income of -$4.3 million for Q1 2026, down 111.85% year-over-year from $36.3 million in Q1 2025, and up 52.11% quarter-over-quarter from -$9.0 million in Q4 2025.
Tucows (TCX) Operating Income (2010 - 2026) Analysis & Trends
Tucows' Operating Income history runs 17 years deep, the most recent figure standing at -$4.3 million for Q1 2026.
- In Q1 2026, Operating Income fell 111.85% year-over-year to -$4.3 million; the TTM figure through Mar 2026 stood at -$25.8 million (up 49.02% YoY), while the FY2025 annual figure was -$23.5 million, up 63.88% from the prior year.
- Operating Income for Q1 2026 stood at -$4.3 million, up from -$9.0 million in the prior quarter.
- The five-year high for Operating Income was -$2.0 million in Q1 2025, with the low at -$29.8 million in Q4 2024.
- The 5-year median for Operating Income is -$9.6 million (2025), against an average of -$11.1 million.
- The sharpest annual moves came in 2022 and 2025: Operating Income slumped 839.31% in 2022, then surged 87.69% in 2025.
- Tucows' Operating Income stood at -$13.0 million in 2022, then decreased by 23.85% to -$16.1 million in 2023, then slumped by 85.39% to -$29.8 million in 2024, then jumped by 69.87% to -$9.0 million in 2025, then jumped by 52.11% to -$4.3 million in 2026.
- Business Quant data shows TCX's Operating Income at -$4.3 million in Q1 2026, -$9.0 million in Q4 2025, and -$9.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 40.60 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 912.00 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 6.13 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -183.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 689.30 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -205.70 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 203.05 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -49.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 446.87 Mn |
| 10 | Tucows | 115.11 Mn | 70.95 Mn | 25.78 Mn | -5.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -5.46 Mn |
| Mar 31, 2026 | -4.31 Mn |
| Dec 31, 2025 | -8.99 Mn |
| Sep 30, 2025 | -9.58 Mn |
| Jun 30, 2025 | -2.88 Mn |
| Mar 31, 2025 | -2.03 Mn |
| Dec 31, 2024 | -29.85 Mn |
| Sep 30, 2024 | -10.05 Mn |
| Jun 30, 2024 | -8.60 Mn |
| Mar 31, 2024 | -16.52 Mn |
| Dec 31, 2023 | -16.10 Mn |
| Sep 30, 2023 | -17.17 Mn |
| Jun 30, 2023 | -13.10 Mn |
| Mar 31, 2023 | -17.28 Mn |
| Dec 31, 2022 | -13.00 Mn |
| Sep 30, 2022 | -9.38 Mn |
| Jun 30, 2022 | -4.44 Mn |
| Mar 31, 2022 | -4.85 Mn |
| Dec 31, 2021 | -1.38 Mn |
| Sep 30, 2021 | -3.22 Mn |