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Tucows (TCX) R&D spending by quarter

Tucows' R&D spending was $4.8M in Q3 2026 (third quarter 2026), -0.9% from Q2 2026. Over the last 6 quarters it ranged from $4.4M (Q4 2025) to $4.9M (Q2 2026).

Tucows R&D spending by quarterTucows R&D spending by quarter$4.4MQ1 2025$4.7MQ3 2025$4.4MQ4 2025$4.4MQ1 2026$4.9MQ2 2026$4.8MQ3 2026
QuarterR&D spendingQ/QY/Y
Q3 2026$4.8M-0.9%+3%
Q2 2026$4.9M+10%—
Q1 2026$4.4M+1%+0.5%
Q4 2025$4.4M-6%—
Q3 2025$4.7M+6%—
Q1 2025$4.4M——

Q3 2026 at a glance

Tucows, Q3 2026: revenue $100M (+1% year over year), operating margin 0.3%, net loss $10.3M, operating cash flow −$4.6M. The chart follows the revenue to costs, profit and cash.

Questions

What is Tucows' R&D spending?

Tucows' R&D spending was $4.8M in Q3 2026 (third quarter 2026), -0.9% from Q2 2026.

How has Tucows' R&D spending changed?

Over the last 6 quarters it ranged from $4.4M (Q4 2025) to $4.9M (Q2 2026).

Q3 2026 results → · How Tucows makes money →