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| 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% |