Tucows (TCX) Retained Earnings (2010 - 2026)
Tucows' Retained Earnings came in at -$264.56 million for Q2 2026, compared with -$180.93 million a year earlier.
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Analysis
Tucows (TCX) Retained Earnings (2010 - 2026) Analysis & Trends
At the end of FY2025, Tucows' Retained Earnings was -$225.98 million.
- Going back by year, Retained Earnings was -$150.16 million in FY2024, -$40.3 million in FY2023, $55.9 million in FY2022 (-33.0%) and $83.47 million in FY2021 (+4.2%).
- The Q2 2026 figure represents the lowest quarterly Retained Earnings in data going back to Q4 2010.
- The fastest year-over-year change in Retained Earnings over five years came in Q3 2021 (growth of 9.5%), and the weakest in Q2 2023 (a decline of 92.4%).
- Business Quant data shows TCX's Retained Earnings at -$244.08 million (Q1 2026), -$225.98 million (Q4 2025) and -$203.95 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,780.05 Bn | 3,703.20 Bn | 60.48 Bn | 328.27 Bn |
| 2 | International Business Machines | 207.28 Bn | 158.18 Bn | 9.91 Bn | 155.94 Bn |
| 3 | Cloudflare | 113.42 Bn | 96.95 Bn | 499.52 Mn | -1.40 Bn |
| 4 | Equinix | 100.18 Bn | 88.73 Bn | 1.40 Bn | 7.00 Bn |
| 5 | Nebius | 60.05 Bn | 33.49 Bn | 448.70 Mn | 3.73 Bn |
| 6 | CoreWeave | 47.35 Bn | 34.44 Bn | 1.70 Bn | -4.01 Bn |
| 7 | Verisign | 25.30 Bn | 22.51 Bn | 384.60 Mn | -11.34 Bn |
| 8 | Nutanix | 18.96 Bn | 10.65 Bn | 651.35 Mn | -3.71 Bn |
| 9 | Akamai Technologies | 15.57 Bn | 8.98 Bn | 613.75 Mn | 3.61 Bn |
| 10 | Tucows | 107.59 Mn | -81.71 Mn | 25.78 Mn | -264.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -264.56 Mn |
| Mar 31, 2026 | -244.08 Mn |
| Dec 31, 2025 | -225.98 Mn |
| Sep 30, 2025 | -203.95 Mn |
| Jun 30, 2025 | -180.93 Mn |
| Mar 31, 2025 | -165.29 Mn |
| Dec 31, 2024 | -150.16 Mn |
| Sep 30, 2024 | -107.68 Mn |
| Jun 30, 2024 | -85.39 Mn |
| Mar 31, 2024 | -66.78 Mn |
| Dec 31, 2023 | -40.30 Mn |
| Sep 30, 2023 | -16.92 Mn |
| Jun 30, 2023 | 5.85 Mn |
| Mar 31, 2023 | 36.82 Mn |
| Dec 31, 2022 | 55.90 Mn |
| Sep 30, 2022 | 69.34 Mn |
| Jun 30, 2022 | 77.33 Mn |
| Mar 31, 2022 | 80.45 Mn |
| Dec 31, 2021 | 83.47 Mn |
| Sep 30, 2021 | 85.44 Mn |
API Access
Tucows Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=TCX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "TCX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=TCX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();