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

Tucows (TCX) has reported Research & Development for 17 consecutive years, with $12.6 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Research & Development rose 5.09% year-over-year to $12.6 million; the trailing twelve-month figure through Jun 2026 stood at $50.1 million (up 2.23% YoY), and the FY2025 full-year result was $48.4 million, down 18.53% from the prior year.
• Research & Development improved to $12.6 million in Q2 2026 per TCX's latest filing, from $12.1 million in the prior quarter.
• Across five years, Research & Development topped out at $18.8 million in Q4 2023 and bottomed at $10.9 million in Q4 2024.
• Historically, Research & Development has averaged $14.1 million across 5 years, with a median of $13.7 million in 2022.
• The sharpest annual moves came in 2022 and 2024: Research & Development soared 44.23% in 2022, then tumbled 41.93% in 2024.
• Over 5 years, Research & Development stood at $14.6 million in 2022, then rose by 28.87% to $18.8 million in 2023, then sank by 41.93% to $10.9 million in 2024, then gained by 24.53% to $13.6 million in 2025, then fell by 7.45% to $12.6 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $12.6 million, $12.1 million, and $13.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.