Tucows Inc (TCX) stock
TCXNasdaqServices-Computer Processing & Data PreparationFiscal year ends December 31
$11.73−0.61 (-4.94%)
Close on Nov 13, 2026Market cap $131.17MP/E –Yield –
Tucows operating margin
Operating margin is operating income as a percentage of revenue.
Tucows's operating margin for the twelve months ending Sep 30, 2026 was -4.7%. For fiscal 2025 it was -6.0%, against -17.9% the year before. The highest annual figure on record is 13.2% in fiscal 2016.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | -6.0% | +11.9 |
| FY2024 | Dec 31, 2024 | -17.9% | +0.8 |
| FY2023 | Dec 31, 2023 | -18.8% | −8.9 |
| FY2022 | Dec 31, 2022 | -9.9% | −7.3 |
| FY2021 | Dec 31, 2021 | -2.6% | −4.8 |
| FY2020 | Dec 31, 2020 | 2.2% | −6.5 |
| FY2019 | Dec 31, 2019 | 8.7% | +0.2 |
| FY2018 | Dec 31, 2018 | 8.5% | +0.3 |
| FY2017 | Dec 31, 2017 | 8.2% | −5.0 |
| FY2016 | Dec 31, 2016 | 13.2% | +2.7 |
| FY2015 | Dec 31, 2015 | 10.5% | +3.9 |
| FY2014 | Dec 31, 2014 | 6.6% | +1.8 |
| FY2013 | Dec 31, 2013 | 4.7% | −0.6 |
| FY2012 | Dec 31, 2012 | 5.3% | +2.1 |
| FY2011 | Dec 31, 2011 | 3.2% | +0.3 |
| FY2010 | Dec 31, 2010 | 2.9% | −6.7 |
| FY2009 | Dec 31, 2009 | 9.5% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 0.3% | +10.0 |
| Q2 FY2026 | Jun 30, 2026 | -5.4% | −2.5 |
| Q1 FY2026 | Mar 31, 2026 | -4.5% | −2.3 |
| Q4 FY2025 | Dec 31, 2025 | -9.1% | +22.9 |
| Q3 FY2025 | Sep 30, 2025 | -9.7% | +1.2 |
| Q2 FY2025 | Jun 30, 2025 | -2.9% | +6.7 |
| Q1 FY2025 | Mar 31, 2025 | -2.1% | +16.7 |
| Q4 FY2024 | Dec 31, 2024 | -32.1% | −13.5 |
| Q3 FY2024 | Sep 30, 2024 | -10.9% | +8.9 |
| Q2 FY2024 | Jun 30, 2024 | -9.6% | +5.8 |
| Q1 FY2024 | Mar 31, 2024 | -18.9% | +2.6 |
| Q4 FY2023 | Dec 31, 2023 | -18.5% | −2.0 |
| Q3 FY2023 | Sep 30, 2023 | -19.7% | −7.7 |
| Q2 FY2023 | Jun 30, 2023 | -15.4% | −10.1 |
| Q1 FY2023 | Mar 31, 2023 | -21.5% | −15.5 |
| Q4 FY2022 | Dec 31, 2022 | -16.5% | −14.8 |
| Q3 FY2022 | Sep 30, 2022 | -12.0% | −7.8 |
| Q2 FY2022 | Jun 30, 2022 | -5.3% | −2.6 |
| Q1 FY2022 | Mar 31, 2022 | -6.0% | −4.4 |
| Q4 FY2021 | Dec 31, 2021 | -1.7% | −0.1 |
| Q3 FY2021 | Sep 30, 2021 | -4.2% | −6.0 |
| Q2 FY2021 | Jun 30, 2021 | -2.7% | −4.6 |
| Q1 FY2021 | Mar 31, 2021 | -1.6% | −7.8 |
| Q4 FY2020 | Dec 31, 2020 | -1.6% | −13.2 |
| Q3 FY2020 | Sep 30, 2020 | 1.8% | −8.0 |
| Q2 FY2020 | Jun 30, 2020 | 1.9% | −5.0 |
| Q1 FY2020 | Mar 31, 2020 | 6.2% | −0.2 |
| Q4 FY2019 | Dec 31, 2019 | 11.6% | −0.4 |
| Q3 FY2019 | Sep 30, 2019 | 9.8% | +0.6 |
| Q2 FY2019 | Jun 30, 2019 | 6.8% | −0.2 |
| Q1 FY2019 | Mar 31, 2019 | 6.4% | +0.4 |
| Q4 FY2018 | Dec 31, 2018 | 12.0% | −0.1 |
| Q3 FY2018 | Sep 30, 2018 | 9.2% | +2.1 |
| Q2 FY2018 | Jun 30, 2018 | 7.0% | −1.3 |
| Q1 FY2018 | Mar 31, 2018 | 5.9% | +1.6 |
| Q4 FY2017 | Dec 31, 2017 | 12.1% | −11065.9 |
| Q3 FY2017 | Sep 30, 2017 | 7.0% | – |
| Q2 FY2017 | Jun 30, 2017 | 8.4% | – |
| Q1 FY2017 | Mar 31, 2017 | 4.4% | – |
| Q4 FY2016 | Dec 31, 2016 | 11078.0% | – |
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