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Filing Flows › Tucows (TCX) › Q2 2026 › vs Q2 2025

Tucows (TCX) Q2 2026 vs Q2 2025 (year over year)

Tucows's revenue rose $2.1M (+2%) from $98.5M in Q2 2025 to $101M in Q2 2026.

Tucows, Q2 2026: revenue $101M (+2% year over year), operating margin -5.4%, net loss $20.5M, operating cash flow $1.9M. The chart draws each line against Q2 2025, the increases inside each band.

Tucows: what changed, Q2 2026 vs Q2 2025Tucows: what changed, Q2 2026 vs Q2 2025Costs & expenses$6.9MNegative free cash flow (OCF …$6.2MNet loss$4.8MNet loss absorbed$4.8MOperating costs$4.7MOperating cash flow−$4.6MCapital expenditures$1.6MCost of revenue−$1.6MInterest & other, net$1.4MIncome tax$865K

Every line

LineQ2 2026Q2 2025Change%
Revenue$101M$98.5M$2.1M+2%
Net loss$20.5M$15.6M$4.8M+31%
Costs & expenses$121M$114M$6.9M+6%
Operating costs$106M$101M$4.7M+5%
Interest & other, net$11.9M$10.5M$1.4M+13%
Income tax$3.1M$2.3M$865K+38%
Cost of revenue$74.8M$76.4M−$1.6M-2%
Operating cash sources$22.4M$22.2M$204K+0.9%
Depreciation & amortization$778K$828K−$50K-6%
Share-based compensation$1.2M$1.4M−$222K-16%
Working capital & other$20.5M$20.0M$476K+2%
Net loss absorbed$20.5M$15.6M$4.8M+31%
Operating cash flow$1.9M$6.6M−$4.6M-71%
Capital expenditures$5.1M$3.5M$1.6M+46%
Negative free cash flow (OCF − capex)$3.1M−$3.1M$6.2M—

Questions

How much did Tucows's revenue grow year over year in Q2 2026?

Tucows's revenue rose $2.1M (+2%) from $98.5M in Q2 2025 to $101M in Q2 2026.

Q2 2026 results → · Compare in the interactive Sankey →