Tucows Inc (TCX) stock

TCXNasdaqServices-Computer Processing & Data PreparationFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 2/30

$11.73−0.61 (-4.94%)

Close on Nov 13, 2026Market cap $131.17MP/E –Yield –

Tucows statistics

84 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Feb 11, 2027 (estimated, during market hours)
Last ex-dividend date: May 11, 2001
Fundamentals through: Sep 30, 2026
Share price as of: Nov 13, 2026

Valuation ratiosIndustry

Market Cap: $131.17M; $792.38M
Enterprise Value: $401.06M; $779.89M
PS Ratio: 0.33; 2.33

Enterprise valuationIndustry

EV / Sales: 1.01; 2.10

Share statisticsIndustry

Shares Outstanding: 11M; 59M
Shares Change (YoY): 0.85%; 1.88%
Shares Change (QoQ): 0.32%; 0.04%
Float: 9M; 53M
Shares Held by Insiders: 19.2%; 13.1%
Shares Held by Institutions: 56.8%; 62.6%

Short sellingIndustry

Short Interest: 954,779; –
Short Interest Change: 8.06%; -3.30%
Short % of Float: 10.6%; 5.82%
Short % of Shares Outstanding: 8.54%; 4.22%
Days to Cover: 8.17; 3.54

Stock price statisticsIndustry

52-Week High: $25.17; –
52-Week Low: $8.45; –
20-Day Moving Average: $11.49; –
50-Day Moving Average: $10.59; –
200-Day Moving Average: $13.65; –
Average True Range (14): $0.96; –
Price Change (1 Week): -7.57%; 0.50%
Price Change (1 Month): 11.7%; -1.81%
Price Change (3 Months): 8.81%; -4.67%
Price Change (6 Months): -19.9%; 0.47%
Price Change (YTD): -47.7%; -13.6%
Price Change (1 Year): -45.1%; -13.9%
Price Change (3 Years): -42.8%; -16.1%
Price Change (5 Years): -86.8%; -57.0%
Price Change (10 Years): -62.4%; 46.4%
Average Volume (10 Days): 62,526; –
Average Volume (20 Days): 92,622; –
Average Volume (90 Days): 87,908; –
Relative Volume: 1.06; 0.64
Relative Strength Index (14): 52.1; 47.4
Volatility (1 Year): 89.8%; 65.4%
Beta (5 Years): 1.12; 1.19

MarginsIndustry

Gross Margin: 26.1%; 55.6%
Operating Margin: -4.66%; -2.03%
Pretax Margin: -15.6%; -0.85%
Profit Margin: -17.9%; -2.58%
EBITDA Margin: -3.72%; 0.72%
FCF Margin: -5.50%; 9.88%

Returns on capitalIndustry

Return on Assets (ROA): -9.86%; -3.24%
Return on Invested Capital (ROIC): -19.2%; -0.09%
Return on Capital Employed (ROCE): -5.38%; -0.55%

Financial positionIndustry

Current Ratio: 0.50; 1.37
Quick Ratio: 0.15; 0.94
Interest Coverage: -0.34; -0.55

GrowthIndustry

Revenue Growth (YoY): 2.89%; 9.45%
Revenue Growth (3Y CAGR): 6.72%; 7.44%
Revenue Growth (5Y CAGR): 4.63%; 12.3%

EfficiencyIndustry

Asset Turnover: 0.55; 0.64
Inventory Turnover: 71.75; 13.44
Revenue Per Employee: $521.55K; $394.08K
Profits Per Employee: -$93.39K; -$7.02K
Employee Count: 759; 525
WACC: 11.6%; 10.3%

Income statement (TTM)Industry

Revenue: $395.86M; $257.79M
Gross Profit: $103.17M; $158.22M
Operating Income: -$18.46M; -$638.82K
Pretax Income: -$61.75M; -$315.88K
Net Income: -$70.88M; -$309.55K
EBITDA: -$14.72M; -$78.29K
EPS (Diluted): -$6.37; $0.00

Balance sheetIndustry

Cash & Short-Term Investments: $24.75M; $41.99M
Total Debt: $294.64M; $179.41M
Net Cash (Debt): -$269.89M; $1.76M
Net Cash Per Share: -$24.14; $0.12
Equity (Book Value): -$210.20M; $51.00M
Book Value Per Share: -$18.80; $1.98
Tangible Book Value: -$358.66M; $2.87M
Working Capital: -$180.84M; $16.25M

Cash flow (TTM)Industry

Operating Cash Flow: -$1.76M; $5.65M
Capital Expenditures: -$20.02M; -$5.67M
Free Cash Flow: -$21.78M; $35.58M
FCF Per Share: -$1.95; $0.53

Dividends and yieldsIndustry

Earnings Yield: -54.0%; 0.37%
FCF Yield: -16.6%; 4.39%

Taxes and interestIndustry

Interest Expense: $54.31M; $3.48M
Income Tax: $9.13M; $1.63M

Scores and fair valueIndustry

Altman Z-Score: -0.29; 1.96
Piotroski F-Score: 4; 5
Beneish M-Score: -2.82; -2.82

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.

Period	TCX	S&P 500	Difference	TCX per year	S&P 500 per year
1 month	+23.0%	-3.0%	+26.0 pts
3 months	-2.1%	-2.8%	+0.7 pts
Year to date	-47.7%	+11.5%	−59.2 pts
1 year	-43.9%	+13.5%	−57.3 pts
3 years	-41.8%	+77.7%	−119.5 pts	-16.5%	+21.1%
5 years	-86.8%	+72.6%	−159.4 pts	-33.3%	+11.5%
10 years	-62.1%	+308.2%	−370.3 pts	-9.2%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

1M TCX shares were sold short on Oct 30, 2026, up 8.1% from the previous report, or 10.57% of the shares available to trade. At recent volumes it would take 8.2 days to buy them back. Over the last 20 sessions, 49.4% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	954,779	+8.1%	116,824	8.2
Oct 15, 2026	883,592	-0.1%	52,789	16.7
Sep 30, 2026	884,422	-4.1%	66,214	13.4
Sep 15, 2026	922,648	-8.3%	65,365	14.1
Aug 31, 2026	1,006,011	+19.2%	80,334	12.5
Aug 14, 2026	844,203	+2.8%	94,141	9.0
Jul 31, 2026	821,532	+1.3%	141,852	5.8
Jul 15, 2026	810,897	+20.8%	63,891	12.7
Jun 30, 2026	671,366	+5.1%	43,665	15.4
Jun 15, 2026	638,802	+6.7%	30,085	21.2
May 29, 2026	598,922	+4.1%	20,213	29.6
May 15, 2026	575,413	+1.0%	21,614	26.6