profit from every $100 of sales.

Tucows
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What Tucows sold, what it kept, and what it did with the cash.
Sales went from $321 million in 2022 to $390 million in 2025, with -$75.8 million of profit last year.
Tucows vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Tucows | No profit yet | ||
Microsoft | 28.9× · Fair price | ||
Palantir Technologies | 255.6× · Very expensive | ||
Oracle | 23.4× · Fair price | ||
Palo Alto Networks | 241.4× · Very expensive |
AI analysis
An AI analyst reads Tucows's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 321 | 339 | 362 | 390 | |
| 78 | 67 | 83 | 94 | |
| -31 | -64 | -36 | -19 | |
| 26 | -10 | -2 | 36 | |
| -28 | -96 | -110 | -76 | |
| -2.56 | -8.85 | -10.02 | -6.85 | |
| 24.4% | 19.6% | 22.9% | 24.1% | |
| -9.7% | -18.8% | -10.0% | -4.8% | |
| -8.6% | -28.3% | -30.3% | -19.4% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 665 | 798 | 759 | 731 |
| Cash | 23 | 93 | 57 | 47 |
| Total debt | 256 | 457 | 513 | 545 |
| Total liabilities | 568 | 789 | 854 | 895 |
| 97 | 10 | -95 | -164 | |
| 11 | 11 | 11 | 11 | |
| -3.0% | -9.6% | -9.0% | -2.1% | |
| -28.5% | -974.1% | 115.3% | 46.2% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 20 | -5 | -20 | -6 | |
| 137 | 93 | 57 | 17 | |
| -118 | -97 | -77 | -23 | |
| Dividends paid | – | – | – | – |
| 0 | 46 | 0 | 0 | |
| 8 | 8 | 7 | 7 |
Valuation
- –
- –
- –
- -0.9×
- 0.4×
- –
- 17.9×
- -15.7%
- -51.5%
- 0.0%
Profitability
- 24.1%
- -4.8%
- -19.4%
- 19.9%
- -3.2%
- -12.9%
- 51.6%
- -10.8%
- -4.4%
- 4.5%
Growth
- +6.7%
- –
- +70.0%
- –
- +0.9%
Financial health
- 8.3×
- -3.84
- 95.4%
- -0.6×
- 0.29
- 0.28
- 0.54
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | -1.51 | – | – |
| Feb 12, 2026 | -1.73 | – | – |
| Nov 6, 2025 | -1.42 | – | – |
| Aug 7, 2025 | -1.41 | – | – |
| May 8, 2025 | -1.37 | – | – |
| Feb 13, 2025 | -1.43 | – | – |
| Nov 7, 2024 | -2.03 | – | – |
| Aug 8, 2024 | -1.70 | – | – |
News
Tucows Non-GAAP EPS of -$0.52, revenue of $100MSeeking Alpha · Nov 6, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Tucows
Is Tucows a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Tucows AI analysis
What does Tucows do?
Tucows Inc. provides network access, domain name registration, email, mobile telephony, and other Internet services in Canada, the United States, and Europe. It operates through three segments: Fiber Internet Services, Mobile Services, and Domain Services. It is in Software - Infrastructure.
Does Tucows pay a dividend?
No. Tucows does not pay a dividend at the moment.
Is Tucows stock halal?
No. Tucows does not pass our halal screen: its debt is 370% of its market value, at or above the 33% limit. How we check
How has Tucows stock done over the past year?
Down 41.0% over the past twelve months, to $13.17. It traded between $8.48 and $24.90 and is 47.1% below its high.
Who are Tucows's competitors?
The largest listed companies in the same industry are Microsoft, Palantir Technologies, Oracle and Palo Alto Networks. The peers table on this page compares their profit, growth and price with Tucows's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



