Tucows (TCX) Tax Rate (2010 - 2026)
Tucows (TCX) posted Tax Rate of 15.29% for Q1 2026, down 307.95% quarter-over-quarter from 3.75% in Q4 2025, and up 168.0% year-on-year from 5.7% in Q1 2025.
Tucows (TCX) Tax Rate (2010 - 2026) Analysis & Trends
Tucows (TCX) has reported Tax Rate for 17 consecutive years, with 15.29% the latest figure, recorded in Q1 2026.
- Tax Rate for Q1 2026 came in at 15.29%, up 168.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.99% (down 57.0% YoY), and the FY2025 annual result was 9.02%, down 202.0% from the prior year.
- Tax Rate was 15.29% for Q1 2026 at Tucows, down from 3.75% in the prior quarter.
- Over five years, Tax Rate peaked at 11.1% in Q3 2022 and troughed at 55.51% in Q1 2022.
- Average Tax Rate over 5 years is 10.17%, with a median of 7.28% recorded in 2024.
- Year-over-year, Tax Rate sank 24736 bps in 2022 and surged 6373 bps in 2023.
- Over 5 years, Tax Rate stood at 7.04% in 2022, then slumped by 486 bps to 27.18% in 2023, then soared by 90 bps to 2.62% in 2024, then slumped by 43 bps to 3.75% in 2025, then sank by 308 bps to 15.29% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 15.29% in Q1 2026, 3.75% in Q4 2025, and 11.92% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 19.22% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 19.84% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 1.37% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 21.31% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | -6.22% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 18.58% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -7.01% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 18.14% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 21.40% |
| 10 | Tucows | 153.30 Mn | 108.99 Mn | 24.13 Mn | -15.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -15.29% |
| Mar 31, 2026 | -15.29% |
| Dec 31, 2025 | -3.75% |
| Dec 31, 2025 | -3.75% |
| Sep 30, 2025 | -11.92% |
| Sep 30, 2025 | -11.92% |
| Jun 30, 2025 | -16.90% |
| Jun 30, 2025 | -16.90% |
| Mar 31, 2025 | -16.97% |
| Mar 31, 2025 | -16.97% |
| Dec 31, 2024 | -2.62% |
| Dec 31, 2024 | -2.62% |
| Sep 30, 2024 | -16.13% |
| Sep 30, 2024 | -16.13% |
| Jun 30, 2024 | -7.02% |
| Jun 30, 2024 | -7.02% |
| Mar 31, 2024 | -7.28% |
| Mar 31, 2024 | -7.28% |
| Dec 31, 2023 | -27.18% |
| Dec 31, 2023 | -27.18% |