Tucows (TCX) Tax Rate (2010 - 2026)
Tucows' (TCX) quarterly Tax Rate came in at 15.29% in Q1 2026, up 142.0% year-on-year from 6.32% in Q1 2025, and down 145.3% quarter-over-quarter from 33.75% in Q4 2025.
Tucows (TCX) Tax Rate (2010 - 2026) Analysis & Trends
Tucows' Tax Rate history runs 17 years deep, the most recent figure standing at 15.29% for Q1 2026.
- On a quarterly basis, Tax Rate rose 142.0% year-over-year to 15.29% in Q1 2026; TTM through Mar 2026 was 0.38%, a 22.0% increase from a year earlier, with the FY2024 full-year figure at 0.21%, changed N/A from the prior year.
- Tax Rate retreated to 15.29% in Q1 2026 per TCX's latest filing, from 33.75% in the prior quarter.
- Across five years, Tax Rate topped out at 33.75% in Q4 2025 and bottomed at 57.89% in Q1 2022.
- The 5-year median for Tax Rate is 7.18% (2024), against an average of 6.44%.
- Across the five-year window, Tax Rate plunged 9174 bps in 2022 and jumped 6607 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 6.29% in 2022, then sank by 306 bps to 12.98% in 2023, then jumped by 177 bps to 9.99% in 2024, then soared by 238 bps to 33.75% in 2025, then sank by 145 bps to 15.29% in 2026.
- Per Business Quant, the three latest TCX Tax Rate figures stand at 15.29% (Q1 2026), 33.75% (Q4 2025), and 11.92% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 19.22% |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | -12.08% |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | -10.34% |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 1.37% |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 21.31% |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | -6.22% |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 18.58% |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | -7.01% |
| 10 | Tucows | 101.23 Mn | 56.93 Mn | 24.13 Mn | -15.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -15.29% |
| Mar 31, 2026 | -15.29% |
| Mar 31, 2026 | -15.29% |
| Dec 31, 2025 | 33.75% |
| Dec 31, 2025 | 33.75% |
| Dec 31, 2025 | 33.75% |
| Sep 30, 2025 | -11.92% |
| Sep 30, 2025 | -11.92% |
| Sep 30, 2025 | -11.92% |
| Jun 30, 2025 | -17.20% |
| Jun 30, 2025 | -17.20% |
| Jun 30, 2025 | -17.20% |
| Mar 31, 2025 | -16.70% |
| Mar 31, 2025 | -16.70% |
| Mar 31, 2025 | -16.70% |
| Dec 31, 2024 | 9.99% |
| Dec 31, 2024 | 9.99% |
| Dec 31, 2024 | 9.99% |
| Sep 30, 2024 | -16.13% |
| Sep 30, 2024 | -16.13% |