Tucows (TCX) Tax Rate (2010 - 2026)

Tucows (TCX) reported Tax Rate of 15.29% for Q1 2026, up 168.0% on a YoY basis from 5.7% in Q1 2025, and down 307.95% quarter-over-quarter from 3.75% in Q4 2025.

Tucows (TCX) Tax Rate (2010 - 2026) Analysis & Trends

Tucows has reported Tax Rate for 17 years, with the latest figure at 15.29% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 168.0% year-over-year to 15.29%; the trailing twelve-month figure through Mar 2026 stood at 8.99% (down 57.0% YoY), and the FY2025 full-year result was 9.02%, down 202.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 15.29%, down from 3.75% in the prior quarter.
  • The five-year high for Tax Rate was 11.1% in Q3 2022, with the low at 55.51% in Q1 2022.
  • Historically, Tax Rate has averaged 10.17% across 5 years, with a median of 7.28% in 2024.
  • Annual changes were most pronounced in 2022 — Tax Rate tumbled 24736 bps — and 2023, when it soared 6373 bps.
  • Tucows' Tax Rate stood at 7.04% in 2022, then tumbled by 486 bps to 27.18% in 2023, then soared by 90 bps to 2.62% in 2024, then tumbled by 43 bps to 3.75% in 2025, then slumped by 308 bps to 15.29% in 2026.
  • The last three Tax Rate figures came in at 15.29% (Q1 2026), 3.75% (Q4 2025), and 11.92% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 19.22%
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 23.68%
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 15.74%
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 1.37%
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 21.31%
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn -6.22%
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 18.58%
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 18.14%
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn -7.01%
10 Tucows 151.74 Mn 107.43 Mn 24.13 Mn -15.29%

Historic Data

Download Data
DateValue
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%