Tucows TCX Revenue Breakdown

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At close: Oct 1, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Tucows, fiscal 2010 to 2025, as reported in its filings.
Annual history

Tucows Revenue by Segment

Years FY 2012–2025
Lines 3
FY 2025 Total $317.95M

Domain Name Services was Tucows’s largest segment in fiscal 2025, bringing in $204.15M of $317.95M (64%).

Tucows revenue by segment, fiscal 2012 to 2025
Segment FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2023 FY 2024 FY 2025
Domain Name Services $189.01M $197.11M $204.15M
Ting — $59.73M $66.18M
Wavelo $38.67M $39.86M $47.62M
Total $227.68M $296.71M $317.95M
Totals include 9 discontinued lines from earlier reporting.

Tucows revenue by segment: what the figures show

Tucows brought in $317.95M from its three segments in fiscal 2025, the year ended December 31, 2025. That is less than the $382.94M it reports by product and service, so these segments do not cover all of its revenue. Domain Name Services was the largest at $204.15M (64.2%), ahead of Ting at $66.18M (20.8%) and Wavelo at $47.62M (15.0%).

Compared with fiscal 2024, Wavelo grew fastest, up 19.5% to $47.62M. Every segment above 2% of revenue grew.

Annual history

Tucows Revenue by Product & Service

Years FY 2010–2025
Lines 6
FY 2025 Total $382.94M

Domain Services was Tucows’s largest product and service line in fiscal 2025, bringing in $204.15M of $382.94M (53%).

Tucows revenue by product and service, fiscal 2010 to 2025
Product and Service FY 2010 FY 2011 FY 2025
Domain Services $204.15M
Fiber Internet Services $66.18M
Platform Services $47.62M
Retail $38.90M
Value Added Services $24.05M
Construction $2.04M
Total $382.94M
Totals include 2 discontinued lines from earlier reporting.

Tucows revenue by product and service: what the figures show

Tucows brought in $382.94M from its six product and service lines in fiscal 2025, the year ended December 31, 2025. Domain Services was the largest at $204.15M (53.3%), ahead of Fiber Internet Services at $66.18M (17.3%) and Platform Services at $47.62M (12.4%). The other three lines brought in $64.99M combined.

Annual history

Tucows Revenue by Subsegments

Years FY 2013–2018
Lines 3
FY 2018 Total $331.05M

Wholesale was Tucows’s largest segment in fiscal 2018, bringing in $207.19M of $331.05M (63%).

Tucows revenue by subsegments, fiscal 2013 to 2018
Subsegments FY 2013 FY 2014 FY 2015 FY 2016 FY 2018
Wholesale $84.93M $97.65M $207.19M
Mobile Services $57.69M — $89.34M
Retail Services $12.64M — $34.52M
Total $162.39M $100.88M $331.05M
Totals include 3 discontinued lines from earlier reporting.

Tucows revenue by subsegments: what the figures show

Tucows brought in $331.05M from its three segments in fiscal 2018, the year ended December 31, 2018. Tucows regrouped these segments after fiscal 2016, so the total does not compare directly with that year's $100.88M. Wholesale was the largest at $207.19M (62.6%), ahead of Mobile Services at $89.34M (27.0%) and Retail Services at $34.52M (10.4%).

Tucows stopped reporting Other Services ($3.29M in fiscal 2015) and Portfolio ($3.23M in fiscal 2016) as separate segments.

Questions

Tucows Revenue Breakdown FAQ

How does Tucows make money?

Tucows (TCX) reports its revenue by segment, by product and service and by subsegments. In fiscal 2025, Domain Name Services was its largest segment, bringing in $204.15M (64.2% of the total), followed by Ting at $66.18M (20.8%).

What is Tucows' largest segment?

Domain Name Services was Tucows' largest segment in fiscal 2025, bringing in $204.15M, or 64.2% of the $317.95M total across its three segments.

What is Tucows' largest product and service line?

Domain Services was Tucows' largest product and service line in fiscal 2025, bringing in $204.15M, or 53.3% of the $382.94M total across its six product and service lines.

Which Tucows segment is growing the fastest?

Among Tucows' segments that make up at least 2% of revenue, Wavelo grew fastest in fiscal 2025, up 19.5% from $39.86M to $47.62M.

Where does this revenue breakdown data come from?

Every figure comes from Tucows' annual financial filings, as reported. Each line keeps the name Tucows gives it, and years follow its fiscal calendar.

How far back does Tucows' revenue breakdown go?

Tucows' revenue by segment goes back to fiscal 2012, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.