Growth Metrics

Tucows (TCX) Research & Development (2016 - 2025)

Tucows (TCX) has 16 years of Research & Development data on record, last reported at $4.7 million in Q3 2025.

  • For Q3 2025, Research & Development rose 1.45% year-over-year to $4.7 million; the TTM value through Sep 2025 reached $17.9 million, down 5.61%, while the annual FY2024 figure was $18.6 million, N/A changed from the prior year.
  • Research & Development reached $4.7 million in Q3 2025 per TCX's latest filing, up from $4.3 million in the prior quarter.
  • Across five years, Research & Development topped out at $5.0 million in Q1 2024 and bottomed at $3.0 million in Q3 2022.
  • Average Research & Development over 5 years is $4.2 million, with a median of $4.4 million recorded in 2025.
  • Peak YoY movement for Research & Development: dropped 20.28% in 2022, then skyrocketed 61.52% in 2023.
  • A 5-year view of Research & Development shows it stood at $4.3 million in 2021, then fell by 6.82% to $4.0 million in 2022, then rose by 21.21% to $4.8 million in 2023, then decreased by 7.14% to $4.5 million in 2024, then increased by 4.65% to $4.7 million in 2025.
  • Per Business Quant database, its latest 3 readings for Research & Development were $4.7 million in Q3 2025, $4.3 million in Q2 2025, and $4.4 million in Q1 2025.