Tucows (TCX) Operating Income (2010 - 2026)

Tucows' (TCX) quarterly Operating Income came in at -$4.3 million in Q1 2026, down 111.85% year-on-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.

  • On a quarterly basis, Operating Income fell 111.85% year-over-year to -$4.3 million in Q1 2026; TTM through Mar 2026 was -$25.8 million, a 49.02% increase from a year earlier, with the FY2025 full-year figure at -$23.5 million, up 63.88% from the prior year.
  • Operating Income improved to -$4.3 million in Q1 2026 per TCX's latest filing, from -$9.0 million in the prior quarter.
  • Across five years, Operating Income topped out at -$2.0 million in Q1 2025 and bottomed 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.
  • Across the five-year window, Operating Income tumbled 839.31% in 2022 and surged 87.69% in 2025, its largest moves.
  • Year by year, Operating Income stood at -$13.0 million in 2022, then slipped by 23.85% to -$16.1 million in 2023, then sank by 85.39% to -$29.8 million in 2024, then surged by 69.87% to -$9.0 million in 2025, then surged by 52.11% to -$4.3 million in 2026.
  • Per Business Quant, the three latest TCX Operating Income figures stand at -$4.3 million (Q1 2026), -$9.0 million (Q4 2025), and -$9.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 38.40 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 722.41 Mn
3 Oracle 344.13 Bn 312.24 Bn - 6.13 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 754.00 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 397.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 13.79 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 580.00 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn -61.99 Mn
10 Tucows 101.23 Mn 56.93 Mn 24.13 Mn -4.31 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -2.03 Mn