Tucows (TCX) Research & Development (2010 - 2026)

Tucows (TCX) has reported Research & Development for 17 consecutive years, with $4.4 million the latest figure, recorded in Q1 2026.

• Research & Development for Q1 2026 came in at $4.4 million, up 0.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $17.8 million (down 1.0% YoY), and the FY2025 annual result was $17.8 million, down 4.37% from the prior year.
• Research & Development was $4.4 million for Q1 2026 at Tucows, up from $4.4 million in the prior quarter.
• Over five years, Research & Development peaked at $5.0 million in Q1 2024 and troughed at $3.0 million in Q3 2022.
• Average Research & Development over 5 years is $4.4 million, with a median of $4.5 million recorded in 2024.
• Year-over-year, Research & Development fell 20.28% in 2022 and soared 61.52% in 2023.
• Over 5 years, Research & Development stood at $4.0 million in 2022, then advanced by 25.86% to $5.0 million in 2023, then decreased by 10.57% to $4.5 million in 2024, then retreated by 2.1% to $4.4 million in 2025, then rose by 1.16% to $4.4 million in 2026.
• Per Business Quant data, the three most recent Research & Development figures were $4.4 million in Q1 2026, $4.4 million in Q4 2025, and $4.7 million in Q3 2025.