Tucows (TCX) Tax Rate (2010 - 2026)
Tucows' (TCX) quarterly Tax Rate came in at 18.05% in Q2 2026, down 89.0% on a YoY basis from 164.09% in Q2 2025, and down 18.19% quarter-over-quarter from 15.27% in Q1 2026.
Analysis
Tucows (TCX) Tax Rate (2010 - 2026) Analysis & Trends
Tucows (TCX) has reported Tax Rate for 17 consecutive years, with 18.05% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 89.0% year-over-year to 18.05%; the trailing twelve-month figure through Jun 2026 stood at 12.47% (down 669.0% YoY), and the FY2025 full-year result was 14.49%, down 341.0% from the prior year.
- Tax Rate retreated to 18.05% in Q2 2026 per TCX's latest filing, from 15.27% in the prior quarter.
- Across five years, Tax Rate topped out at 47.23% in Q4 2024 and bottomed at 56.64% in Q1 2022.
- Historically, Tax Rate has averaged 0.36% across 5 years, with a median of 7.15% in 2024.
- The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 20652 bps in 2022, then surged 6486 bps in 2023.
- Over 5 years, Tax Rate stood at 45.92% in 2022, then dropped by 19 bps to 37.2% in 2023, then increased by 27 bps to 47.23% in 2024, then retreated by 12 bps to 41.53% in 2025, then slumped by 143 bps to 18.05% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 18.05%, 15.27%, and 41.53% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Verisign | 25.64 Bn | 24.61 Bn | 384.60 Mn | 23.12% |
| 2 | GoDaddy | 12.20 Bn | 11.01 Bn | 828.20 Mn | 24.26% |
| 3 | Wix.com | 4.08 Bn | 3.47 Bn | 370.34 Mn | 6.21% |
| 4 | Tucows | 119.29 Mn | 75.13 Mn | 25.78 Mn | -18.05% |
| 5 | Yinfu Gold | 9.92 Mn | 9.92 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -18.05% |
| Mar 31, 2026 | -15.27% |
| Dec 31, 2025 | 41.53% |
| Sep 30, 2025 | -12.14% |
| Jun 30, 2025 | -17.16% |
| Mar 31, 2025 | -16.92% |
| Dec 31, 2024 | 47.23% |
| Sep 30, 2024 | -16.13% |
| Jun 30, 2024 | -7.01% |
| Mar 31, 2024 | -7.28% |
| Dec 31, 2023 | 37.20% |
| Sep 30, 2023 | 3.48% |
| Jun 30, 2023 | 8.90% |
| Mar 31, 2023 | 8.22% |
| Dec 31, 2022 | 45.92% |
| Sep 30, 2022 | 11.40% |
| Jun 30, 2022 | -30.75% |
| Mar 31, 2022 | -56.64% |
| Dec 31, 2021 | 252.44% |
| Sep 30, 2021 | -27.27% |