TCX · XBRL financial data

Tucows financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (TCX's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	311,202	304,337	321,142	339,337	362,275	—
Cost of revenue	225,717	226,044	242,894	272,670	279,246	296,346
Cost of goods and services sold	—	—	—	272,670	279,246	296,346
Gross profit	85,485	78,293	78,248	66,667	83,029	93,954
Research and development	12,427	14,310	14,187	19,217	18,627	17,813
General and administrative	20,268	22,370	30,845	33,406	37,068	42,875
Total operating expenses	78,568	86,066	109,910	130,319	148,042	117,437
Operating income (loss)	6,917	(7,773)	(31,662)	(63,652)	(65,013)	(23,483)
Interest income	—	0	132	4,485	3,158	1,907
Interest expense	—	4,617	14,588	46,256	54,433	57,181
Other income (expense)	(158)	(370)	(177)	0	436	11,447
Income tax expense (benefit)	4,985	3,906	(217)	(6,873)	7,986	8,509
Net income (loss)	5,775	3,364	(27,571)	(96,197)	(109,860)	(75,819)
Earnings per share, basic USD per share	0.55	0.32	(2.56)	(8.85)	(10.02)	(6.85)
Earnings per share, diluted USD per share	0.54	0.31	(2.56)	(8.85)	—	—
Weighted average shares, basic thousands of shares	10,591	10,662	10,769	10,864	10,968	11,066
Weighted average shares, diluted thousands of shares	10,692	10,817	10,769	10,864	10,968	11,066

Fiscal years (TCX's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	8,311	9,105	23,496	92,687	56,903	46,759
Accounts receivable	15,540	14,579	18,404	22,206	20,878	24,494
Inventory	1,875	3,277	7,284	6,786	3,975	3,872
Prepaid and other current assets	16,845	20,986	17,005	17,387	17,314	29,375
Total current assets	141,200	147,004	169,920	242,757	205,382	203,094
Property and equipment, net	117,530	172,662	281,495	339,644	331,049	281,955
Right-of-use asset	11,238	17,515	20,489	27,467	35,640	63,315
Goodwill	116,304	130,410	130,410	130,410	130,410	130,410
Total assets	451,903	539,596	664,747	798,426	758,796	730,909
Accounts payable	6,329	10,016	17,171	12,676	9,009	9,898
Accrued liabilities	10,235	15,240	22,653	35,356	31,227	25,374
Total current liabilities	162,965	173,683	188,189	201,341	199,851	330,427
Lease liability, non-current	9,179	11,853	12,438	18,255	25,899	57,823
Retained earnings (accumulated deficit)	80,106	83,470	55,899	(40,298)	(150,158)	(225,977)
Total stockholders' equity	104,698	115,092	96,657	9,875	(95,300)	(164,200)
Total liabilities and equity	451,903	539,596	664,747	798,426	758,796	730,909
Common shares outstanding (cover page) thousands of shares	10,620	10,756	10,830	10,929	11,033	11,129

Fiscal years (TCX's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	5,775	3,364	(27,571)	(96,197)	(109,860)	(75,819)
Stock-based compensation	3,718	4,592	7,599	8,134	7,021	7,139
Net cash from operating activities	36,081	29,637	19,876	(4,771)	(19,745)	(5,758)
Purchases of property and equipment	44,437	73,175	136,710	92,055	56,460	17,114
Net cash from investing activities	(53,279)	(101,978)	(137,492)	(92,583)	(56,493)	2,157
Share repurchases	3,281	0	0	—	—	—
Net cash from financing activities	5,116	73,135	132,007	178,836	44,498	(5,392)
Net change in cash	(12,082)	794	14,391	81,482	(31,740)	(8,993)

SIC 7374 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7374 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Tucows	44,164	not reported	1,936	11.2M	—	Q2 FY26 10-QJun 30, 2026
Rackspace Technology	110,600	670,100	(31,500)*	254.9M	3.5 quarters	Q2 FY26 10-QJun 30, 2026
On24	37,013	34,644*	(1,060)*	42.9M	158.0 quarters	Q4 FY25 10-KDec 31, 2025
Spectral Capital	5,267	318,278	(1,032)*	96.3M	5.1 quarters	Q2 FY26 10-QJun 30, 2026
Soundthinking	6,410	23,889	(7,467)*	13.2M	0.9 quarters	Q2 FY26 10-QJun 30, 2026
PLAYSTUDIOS	102,669	54,992	5,638*	not reported	—	Q2 FY26 10-QJun 30, 2026
SmartRent	89,215	41,566	not reported	189.8M	—	Q3 FY26 10-QSep 30, 2026
CS Disco	12,533	45,340	not reported	65.7M	—	Q3 FY26 10-QSep 30, 2026
ReposiTrak	27,256	not reported	2,365*	18.2M	—	Q4 FY26 10-KJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.