TUCOWS INC /PA/
TUCOWS INC /PA/
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
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 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 44 | 44 | 47 | 54 | 52 | 38 | 57 | 75 | 39 | 67 | 93 | 111 | |||||
Funds Held For Clients | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 3 | |||||
Accounts Receivable Net Current | 23 | 28 | 24 | 28 | 24 | 24 | 21 | 19 | 18 | 20 | 22 | 24 | |||||
Contract With Customer Asset Net Current | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 1 | 3 | |||||
Derivative Assets Current | - | - | - | - | 0 | - | 0 | 1 | 0 | 1 | 2 | 0 | |||||
Capitalized Contract Cost Net Current | 100 | 101 | 97 | 100 | 103 | 105 | 101 | 101 | 100 | 100 | 96 | 97 | |||||
Assets Held For Sale Not Part Of Disposal Group Cu… | - | - | - | - | 3 | - | - | - | - | - | - | - | |||||
Inventory Net | - | - | 4 | - | - | - | 4 | 5 | 6 | 6 | 7 | 8 | |||||
Prepaid Expense And Other Assets Current | 26 | 21 | 29 | 23 | 24 | 22 | 22 | 16 | 21 | 16 | 17 | 19 | |||||
Assets Current | 198 | 200 | 203 | 209 | 212 | 194 | 205 | 222 | 189 | 214 | 243 | 266 | |||||
Capitalized Contract Cost Net Noncurrent | 16 | 16 | 16 | 17 | 16 | 16 | 16 | 16 | 16 | 16 | 15 | 16 | |||||
Contract With Customer Asset Net Noncurrent | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Restricted Cash Noncurrent | 11 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 9 | 9 | 9 | 9 | |||||
Property Plant And Equipment Net | 268 | 276 | 282 | 288 | 305 | 322 | 331 | 356 | 354 | 350 | 340 | 331 | |||||
Income Taxes Receivable | - | - | - | - | - | - | 0 | 1 | 0 | 0 | 1 | 0 | |||||
Operating Lease Right Of Use Asset | 80 | 71 | 63 | 54 | 41 | 39 | 36 | 34 | 29 | 29 | 27 | 26 | |||||
Intangible Assets Net Excluding Goodwill | 19 | 19 | 20 | 21 | 22 | 24 | 25 | 26 | 27 | 28 | 29 | 32 | |||||
Long Term Investments | - | - | 2 | - | - | - | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Deferred Income Tax Assets Net | - | - | - | - | - | - | - | - | - | - | - | 0 | |||||
Goodwill | 130 | 130 | 130 | 130 | 130 | 130 | 130 | 130 | 130 | 130 | 130 | 130 | |||||
Other Assets Noncurrent | 5 | 5 | 4 | 4 | 4 | 4 | 4 | - | - | - | - | - | |||||
Assets | 728 | 729 | 731 | 735 | 742 | 742 | 759 | 799 | 758 | 780 | 798 | 814 | |||||
Liabilities Current | |||||||||||||||||
Accounts Payable And Other Accrued Liabilities Cur… | 36 | 33 | 35 | 32 | 36 | 29 | 40 | - | - | - | - | - | |||||
Deferred Costs | - | - | 2 | - | - | - | 2 | 2 | 2 | 3 | 3 | 2 | |||||
Derivative Liabilities Current | 0 | 0 | 0 | 1 | 0 | 0 | 1 | - | 0 | - | 0 | 0 | |||||
Operating Lease Liability Current | 7 | 6 | 6 | 5 | 5 | 5 | 5 | 6 | 5 | 6 | 5 | 5 | |||||
Contract With Customer Liability Current | 133 | 136 | 132 | 137 | 141 | 141 | 136 | 135 | 134 | 133 | 127 | 128 | |||||
Shares Subject To Mandatory Redemption Settlement … | - | 142 | - | - | - | - | - | - | - | - | - | - | |||||
Other Liabilities Current | 22 | 20 | 21 | 19 | 19 | 18 | 18 | - | - | - | 0 | 0 | |||||
Accounts Payable Current | - | - | 10 | - | - | - | 9 | 9 | 11 | 13 | 13 | 12 | |||||
Liabilities Current | 346 | 337 | 330 | 195 | 201 | 193 | 200 | 199 | 204 | 208 | 201 | 188 | |||||
Accrued Liabilities Current | - | - | 25 | - | - | - | 31 | 30 | 33 | 36 | 35 | 23 | |||||
Contract With Customer Liability Noncurrent | 22 | 22 | 21 | 22 | 21 | 22 | 21 | 21 | 22 | 22 | 21 | 22 | |||||
Operating Lease Liability Noncurrent | 74 | 65 | 58 | 49 | 35 | 30 | 26 | 24 | 19 | 19 | 18 | 17 | |||||
Long Term Loans Payable | 190 | 190 | 190 | 189 | 192 | 192 | 194 | 196 | 199 | 205 | 210 | 222 | |||||
Long Term Notes Payable | 294 | 293 | 292 | 291 | 290 | 289 | 288 | 287 | 225 | 224 | 223 | 222 | |||||
Other Accrued Liabilities Noncurrent | - | - | - | - | - | - | - | - | - | - | 0 | 0 | |||||
Accrued Income Taxes Current | - | - | 3 | - | - | - | 0 | 2 | 1 | 2 | 1 | 1 | |||||
Other Liabilities Noncurrent | 0 | 1 | 1 | - | - | - | 0 | - | - | - | - | - | |||||
Deferred Income Tax Liabilities Net | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 6 | |||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 39 | 39 | 38 | 38 | 37 | 37 | 37 | 36 | 36 | 35 | 34 | 34 | |||||
Shares Subject To Mandatory Redemption Settlement … | - | - | - | - | - | - | - | - | - | - | 111 | 107 | |||||
Additional Paid In Capital Common Stock | 25 | 24 | 24 | 22 | 21 | 20 | 19 | 18 | 17 | 15 | 14 | 13 | |||||
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 | -0 | 0 | -0 | -1 | 1 | 0 | 0 | 2 | 0 | |||||
Stockholders Equity | -201 | -181 | -164 | -144 | -122 | -108 | -95 | -53 | -33 | -16 | 10 | 30 | |||||
Liabilities And Stockholders Equity | 728 | 729 | 731 | 735 | 742 | 742 | 759 | 799 | 758 | 780 | 798 | 814 | |||||
Allowance For Doubtful Accounts Receivable Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | |||||
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | |||||
Common Stock Shares Issued | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | |||||
Shares Outstanding | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | |||||
Subscribe to unlock 17+ years of financial data, unlimited metrics, and saved tables
Subscribe to unlock 17+ years of data, unlimited metrics, and saved tables
Custom Table
Subscribe to unlock 17+ years of financial data, unlimited metrics, transformations, and saved visuals
Subscribe to unlock 17+ years of data, unlimited metrics, transformations, and saved visuals
Interactive Financial Visualizations
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
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% | - | - | - | - | - | - | - | - | - |
| 2025 | 11.75% | 12.21% | 18.72% | 1.11% | 5.31% | 4.48% | 12.63% | 16.22% | 27.70% | 15.63% | 2.66% | -1.69% |
| 2024 | 16.71% | -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% |
Earnings Market Reaction data beyond 3 years is for subscribers only. Unlock the full earnings market reaction history Start 7-day free trial | ||||||||||||
Subscribe to unlock 17+ years of financial data and 90+ calculated metrics
Subscribe to unlock 17+ years of data and 90+ calculated metrics
Performance and Valuation Metrics
Rows marked with a lock icon are subscribers only — subscribe to unlock 90+ calculated metrics and 17+ years of history.
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 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | |||||||||||||||||
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Insider Transactions
Subscribe to unlock 17+ years of financial data
Subscribe to unlock 17+ years of data
Institutional Ownership
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.