TCX · NASDAQ · Software - Infrastructure

Tucows

Operates decentralized businesses in fixed Internet, telecom software, and domain services.

$10.12
After-hours close−0.04 (−0.39%)
At close$10.16(+1.91%)
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Profile

Tucows Inc.TCXInformation Technology

Fixed Internet access under Ting, telecom software through Wavelo, and global domain services through Tucows Domains make up the operating mix. Parent-level capital allocation and shared services support decentralized segment management.

Fixed Internet access for U.S. consumers and small businesses is sold under Ting. Wavelo provides communications-service providers with subscription and billing management plus network orchestration and provisioning, while Tucows Domains distributes domain registration, digital certificates, and email globally.

Ting added fixed access to a business that had built a domain-services base, and Wavelo later added telecom SaaS. The three reportable segments operate with decentralized management, while the parent allocates capital and shared services across them.

Ting publicly commits to net neutrality and fiber-to-the-premises access. Parent-level and segment-level cybersecurity resources support the decentralized structure.

Company facts

CEODavid Woroch
ListedAug 19, 2005
ExchangeNASDAQ
HeadquartersToronto, ON
CountryCanada
Employees759
CIK0000909494
ISINUS8986972060

Key statistics

Market cap$112.8M
EPS (ttm)−$7.53
P/E (ttm)−1.34
ROE48.5%
P/B−0.5620
P/S0.2861
Dividend yield
Beta1.15vs XLK −0.94

Year to date −53.9% · Average volume (30d) 110.5K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate
ReportedDue Nov 5, 2026

Revenue

Estimate
ReportedDue Nov 5, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 6, 2026Q2 FY26−$1.57$100.6M$100.6M0.0%+11.44%
May 7, 2026Q1 FY26−$1.51$96.7M$96.7M0.0%−4.98%
Feb 12, 2026Q4 FY25−$1.73$98.7M$98.7M0.0%+5.58%
Nov 6, 2025Q3 FY25−$1.42$98.6M+3.69%
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Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$94.6M$98.5M$98.6M$98.7M$96.7M$100.6M
Gross profit$23.5M$22.1M$24.2M$24.1M$24.1M$25.8M
Operating income−$2.0M−$2.9M−$2.8M−$9.1M−$2.2M−$5.5M
Net income−$15.1M−$15.6M−$23.0M−$22.0M−$18.1M−$20.5M
Diluted EPS−$1.37−$1.41−$2.08−$1.98−$1.63−$1.84
Gross margin24.9%22.5%24.5%24.5%25.0%25.6%
Operating margin-2.1%-2.9%-2.9%-9.2%-2.3%-5.4%

Fiscal years (4-quarter sums)FY21 $304.3M · FY22 $321.1M · FY23 $339.3M · FY24 $362.3M · FY25 $390.3M

Revenue by product · Q2 FY26

Ting$21.6M · 100%

Balance sheet, Jun 30, 2026Cash & short-term investments $44.2M · Total debt $712.2M · Total assets $727.7M · Shareholders' equity −$200.8M

Dividends

No dividends on record.

Ownership

Institutions 57.70%6.43M sharesInsiders 4.28%476.9K sharesOther 38.02%4.24M shares

Shares outstanding 11.15M · Float 8.79M · 78.9% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Edgepoint Investment Group Inc.2.12M19.00%13FAug 14, 2026
Norman Rentrop1.41M12.80%13GJan 7, 2025
Blacksheep Fund Management Ltd1.09M9.79%13FAug 25, 2026
Monega Kapitalanlagegesellschaft mbH601.2K5.40%13GMay 15, 2025
BlackRock, Inc.562.0K5.04%13FAug 7, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

  • GoDaddy

    Wholesale and retail domain-registration platform at global scale

  • Comcast

    Residential broadband and fiber connectivity through Xfinity

  • AT&T

    Residential fiber broadband and multi-gig Internet access

  • Amdocs

    Cloud BSS for telecom customer management, billing and monetization

  • Ericsson (ADR)

    OSS/BSS, charging and billing platforms for communications providers

CompareAfter-hours close

CompanyPriceChange
Tucows$10.12−0.39%$112.8M0.3+2.1%
GoDaddy$97.70−0.04%$12.94B14.511.82.5+6.6%
Comcast$27.08+0.09%$96.03B8.87.70.8−1.2%
AT&T$25.98−0.08%$178.16B8.610.71.4+2.3%
Amdocs$62.910.00%$6.77B15.08.01.5+2.7%
Ericsson (ADR)$9.91−0.35%$32.67B12.920.21.4−6.7%
Median12.910.71.4+2.3%