Tucows financials
$9.64+0.52%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $100.6M | $96.7M | $98.7M | $98.6M | $98.5M | $94.6M | $93.1M | $92.3M | $89.4M | $87.5M | $87.0M | $87.0M |
| Gross profit | $25.8M | $33.9M | $24.1M | $24.2M | $22.1M | $34.3M | $21.7M | $22.2M | $20.8M | $18.3M | $17.8M | $16.8M |
| Gross margin | 25.6% | 35.1% | 24.5% | 24.5% | 22.5% | 36.2% | 23.3% | 24.0% | 23.3% | 20.9% | 20.5% | 19.3% |
| Operating income | -$5.5M | -$3.4M | -$9.1M | -$13.5M | -$4.7M | -$2.0M | -$29.9M | -$10.0M | -$8.6M | -$16.5M | -$16.2M | -$17.1M |
| Net income | -$20.5M | -$18.1M | -$22.0M | -$23.0M | -$15.6M | -$15.1M | -$42.5M | -$22.3M | -$18.6M | -$26.5M | -$23.4M | -$22.8M |
| Net margin | −20.4% | −18.7% | −22.3% | −23.4% | −15.9% | −16.0% | −45.6% | −24.2% | −20.8% | −30.3% | −26.9% | −26.2% |
| Diluted EPS | $-1.84 | $-1.63 | $-1.99 | $-2.08 | $-1.41 | $-1.37 | $-3.86 | $-2.03 | $-1.70 | $-2.42 | $-2.14 | $-2.09 |
| EBITDA | $5.5M | $7.5M | $2.3M | $8.7M | $7.0M | $9.6M | $10.7M | $688.0K | $2.8M | -$4.9M | -$16.2M | -$5.5M |
| Operating cash flow | $1.9M | $3.5M | -$2.6M | $1.5M | $6.6M | -$11.3M | -$4.8M | -$4.6M | -$4.7M | -$5.7M | $9.0M | -$6.9M |
| Free cash flow | -$3.1M | -$2.0M | -$7.0M | -$2.3M | $3.1M | -$16.7M | -$16.5M | -$19.1M | -$20.7M | -$20.0M | -$5.6M | -$29.5M |
| Diluted shares | 11.1M | 11.1M | 11.1M | 11.1M | 11.1M | 11.0M | 11.0M | 11.0M | 11.0M | 10.9M | 10.9M | 10.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $44.2M | $44.3M | $46.8M | $54.1M | $52.0M | $38.1M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $483.4M | $624.3M | $481.2M | $480.1M | $481.8M | $480.7M |
| Total assets | $727.7M | $729.2M | $730.9M | $735.5M | $742.2M | $741.9M |
| Total liabilities | $928.5M | $910.6M | $895.1M | $879.5M | $863.9M | $728.0M |
| Shareholders' equity | -$200.8M | -$181.3M | -$164.2M | -$144.1M | -$121.7M | -$108.3M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology