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TUCOWS INC /PA/

TCX

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Financial Statements

Values in Millions ($)
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Subscriber-only column
Assets Current
Cash And Cash Equivalents At Carrying Value
4444475452385775396793111
Funds Held For Clients
555555544443
Accounts Receivable Net Current
232824282424211918202224
Contract With Customer Asset Net Current
------000013
Derivative Assets Current
----0-010120
Capitalized Contract Cost Net Current
100101971001031051011011001009697
Assets Held For Sale Not Part Of Disposal Group Cu…
----3-------
Inventory Net
--4---456678
Prepaid Expense And Other Assets Current
262129232422221621161719
Assets Current
198200203209212194205222189214243266
Capitalized Contract Cost Net Noncurrent
161616171616161616161516
Contract With Customer Asset Net Noncurrent
----------00
Restricted Cash Noncurrent
11121212121212129999
Property Plant And Equipment Net
268276282288305322331356354350340331
Income Taxes Receivable
------010010
Operating Lease Right Of Use Asset
807163544139363429292726
Intangible Assets Net Excluding Goodwill
191920212224252627282932
Long Term Investments
--2---222222
Deferred Income Tax Assets Net
-----------0
Goodwill
130130130130130130130130130130130130
Other Assets Noncurrent
5544444-----
Assets
728729731735742742759799758780798814
Liabilities Current
Accounts Payable And Other Accrued Liabilities Cur…
36333532362940-----
Deferred Costs
--2---222332
Derivative Liabilities Current
0001001-0-00
Operating Lease Liability Current
766555565655
Contract With Customer Liability Current
133136132137141141136135134133127128
Shares Subject To Mandatory Redemption Settlement …
-142----------
Other Liabilities Current
22202119191818---00
Accounts Payable Current
--10---9911131312
Liabilities Current
346337330195201193200199204208201188
Accrued Liabilities Current
--25---313033363523
Contract With Customer Liability Noncurrent
222221222122212122222122
Operating Lease Liability Noncurrent
746558493530262419191817
Long Term Loans Payable
190190190189192192194196199205210222
Long Term Notes Payable
294293292291290289288287225224223222
Other Accrued Liabilities Noncurrent
----------00
Accrued Income Taxes Current
--3---021211
Other Liabilities Noncurrent
011---0-----
Deferred Income Tax Liabilities Net
333333333336
Stockholders Equity
Common Stock Value
393938383737373636353434
Shares Subject To Mandatory Redemption Settlement …
----------111107
Additional Paid In Capital Common Stock
252424222120191817151413
Retained Earnings Accumulated Deficit
-265-244-226-204-181-165-150-108-85-67-40-17
Accumulated Other Comprehensive Income Loss Net Of…
-0-0-0-00-0-110020
Stockholders Equity
-201-181-164-144-122-108-95-53-33-161030
Liabilities And Stockholders Equity
728729731735742742759799758780798814
Allowance For Doubtful Accounts Receivable Current
111111100111
Preferred Stock No Par Value
-0----------
Preferred Stock Shares Authorized
-33----------
Preferred Stock Shares Issued
-15----------
Preferred Stock Shares Outstanding
-15----------
Common Stock No Par Value
000000000000
Common Stock Shares Authorized
250250250250250250250250250250250250
Common Stock Shares Issued
111111111111111111111111
Shares Outstanding
111111111111111111111111

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
2026-5.66%-13.25%-45.80%---------
202511.75%12.21%18.72%1.11%5.31%4.48%12.63%16.22%27.70%15.63%2.66%-1.69%
202416.71%-0.67%30.28%-8.43%-10.14%-17.75%2.14%-5.89%-1.85%-15.32%-15.79%1.41%
2023------24.17%53.13%37.04%-2.87%8.12%4.11%

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Performance and Valuation Metrics

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Metrics
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Liquidity Ratios
Current Ratio
0.57
0.59
0.61
1.07
1.06
1.01
1.03
1.11
0.93
1.03
1.21
1.41
Quick Ratio
0.50
0.53
0.51
0.96
0.94
0.89
0.90
1.01
0.79
0.92
1.09
1.27
Working Capital
-147.97M
-137.06M
-127.33M
14.39M
11.08M
1.52M
5.53M
22.71M
-15.25M
5.74M
41.42M
77.90M
Leverage & Debt
Debt to Equity
-1.72
-1.86
-2.01
-1.35
-1.65
-1.78
-2.10
-3.75
-6.17
-13.06
20.39
6.27
Interest Coverage TTM
-0.50
-0.46
-0.42
-0.81
-0.83
-0.95
-1.27
-0.88
-1.05
-1.17
-1.28
-1.73
Debt Ratio
0.48
0.46
0.45
0.26
0.27
0.26
0.26
0.25
0.27
0.27
0.25
0.23
Efficiency & Turnover
Asset Turnover TTM
0.54
0.53
0.52
0.50
0.50
0.49
0.47
0.44
0.44
0.47
0.46
0.45
Days Sales Outstanding TTM
21.88
24.15
21.22
22.23
20.34
21.64
21.70
22.08
21.58
23.11
21.84
21.43
Receivables Turnover TTM
16.68
15.12
17.20
16.42
17.94
16.87
16.82
16.53
16.92
15.80
16.71
17.03
Per Share Metrics
Diluted EPS TTM
-
-
-
-
-
-
-
-
-
-
-8.85
-
Free Cash Flow Per Share TTM
-1.29
-0.74
-2.07
-2.92
-4.44
-6.61
-6.95
-5.95
-6.91
-7.31
-8.91
-11.50
Dividend Per Share TTM
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Margin Metrics
Gross Profit Margin TTM
24.90%
24.10%
24.07%
23.79%
23.66%
23.89%
22.92%
22.22%
21.01%
20.48%
19.65%
19.88%
Operating Profit Margin TTM
-7.18%
-6.56%
-6.02%
-11.52%
-11.84%
-13.68%
-17.95%
-14.39%
-16.64%
-18.16%
-18.76%
-18.28%
Net Profit Margin TTM
-21.20%
-20.08%
-19.43%
-25.02%
-25.24%
-26.67%
-30.33%
-25.48%
-26.01%
-29.91%
-28.35%
-26.04%
Growth Metrics
Net Revenue Growth (1Y)
4.22%
6.20%
7.74%
8.03%
7.88%
6.66%
6.76%
7.50%
8.82%
8.08%
5.67%
2.03%
Net Income Growth (1Y)
-12.47%
-20.01%
-30.99%
6.07%
4.72%
-4.91%
14.20%
5.21%
27.64%
137.42%
248.91%
436.06%
EPS Growth (1Y)
-13.16%
-20.68%
-31.60%
5.14%
3.72%
-5.85%
13.13%
4.17%
26.27%
134.88%
245.86%
431.36%
Valuation Metrics
P/E TTM
-1.80
-2.42
-3.27
-2.14
-2.28
-1.89
-1.71
-2.53
-2.32
-1.96
-3.05
-2.57
P/B TTM
-0.75
-1.05
-1.51
-1.43
-1.79
-1.72
-1.97
-4.32
-6.40
-12.72
29.70
7.39
P/S TTM
0.38
0.49
0.64
0.53
0.58
0.50
0.52
0.64
0.60
0.59
0.86
0.67
Market Cap
150.17M
190.90M
248.09M
205.64M
218.01M
186.22M
187.98M
229.43M
211.64M
202.74M
293.33M
221.95M
Enterprise Value
383.61M
421.60M
475.49M
425.52M
455.63M
436.78M
402.39M
440.86M
397.05M
347.15M
423.54M
333.27M
Calculated Values
Free Cash Flow TTM
-14.40M
-8.19M
-22.87M
-32.37M
-49.13M
-72.90M
-76.21M
-65.32M
-75.75M
-79.83M
-96.83M
-125.04M
Net Debt
233.43M
230.70M
227.40M
219.89M
237.62M
250.56M
214.41M
211.43M
185.41M
144.41M
130.21M
111.32M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
PEG Ratio
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
EV Revenue TTM
EV FCF TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2025-07-17Sale
Owner: Noss, Elliot
Title: Chief Executive Officer
Shares: 500
Price/Share: $22.52
Value: $11,260.00
Shares Owned: 443,298
Relationship: Director,Officer
Ownership: Direct
2025-07-11Sale
Owner: Noss, Elliot
Title: Chief Executive Officer
Shares: 700
Price/Share: $22.86
Value: $16,002.00
Shares Owned: 443,798
Relationship: Director,Officer
Ownership: Direct
2025-07-07Sale
Owner: Noss, Elliot
Title: Chief Executive Officer
Shares: 2,600
Price/Share: $20.51
Value: $53,326.00
Shares Owned: 449,498
Relationship: Director,Officer
Ownership: Direct
2025-07-02Sale
Owner: Noss, Elliot
Title: Chief Executive Officer
Shares: 3,200
Price/Share: $20.44
Value: $65,408.00
Shares Owned: 452,098
Relationship: Director,Officer
Ownership: Direct
2025-05-15Sale
Owner: Noss, Elliot
Title: Chief Executive Officer
Shares: 3,000
Price/Share: $17.75
Value: $53,250.00
Shares Owned: 455,298
Relationship: Director,Officer
Ownership: Direct

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Institutional Ownership

No data available for chart
2026-03-31
55.98%
Inst. Shares: 6,227,143
Shares Outstanding: 11,124,592
2025-12-31
54.77%
Inst. Shares: 6,060,860
Shares Outstanding: 11,065,708
2025-09-30
55.32%
Inst. Shares: 6,129,271
Shares Outstanding: 11,079,486
2025-06-30
55.14%
Inst. Shares: 6,099,143
Shares Outstanding: 11,060,818
2025-03-31
55.47%
Inst. Shares: 6,119,719
Shares Outstanding: 11,032,086

TUCOWS INC /PA/ (TCX) — SEC Financial Statements & Analysis

TUCOWS INC /PA/ (TCX) is a services-computer processing & data preparation company, incorporated in PA. TUCOWS INC /PA/ trades on Nasdaq as: TCX. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), TUCOWS INC /PA/ reported a 4.22% year-over-year revenue growth, a Gross Profit Margin of 24.90% (TTM), a Debt-to-Equity ratio of -1.72x, a Price-to-Sales (P/S) ratio of 0.38x (TTM), a Price-to-Book (P/B) ratio of -0.75x (TTM), at a market cap of $150.17M. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
4.22%
Gross Profit Margin TTM
24.90%
Debt To Equity
-1.72x
P/S TTM
0.38x
P/B TTM
-0.75x
Market Cap
$150.17M

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is TUCOWS INC /PA/ in?

TUCOWS INC /PA/ (TCX) operates in the Services-Computer Processing & Data Preparation industry.

What is TCX's market cap?

TUCOWS INC /PA/ (TCX) has a market capitalization of $150.17M as of 2026-06-30.

What exchange does TCX trade on?

TUCOWS INC /PA/ (TCX) trades on the Nasdaq.

Where is TUCOWS INC /PA/ incorporated?

TUCOWS INC /PA/ is incorporated in PA.

Wall Street's data.
Main Street's price.