Tucows annual operating expenses
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Tucows Operating Expenses Growth & History (TCX)
Tucows's operating expenses was $117.4M for fiscal 2025.
View full Tucows company overviewTucows annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $117.4M | −$30.6M | −20.67% |
| 2024 | 2024-12-31 | $148.0M | $17.7M | +13.60% |
| 2023 | 2023-12-31 | $130.3M | $20.4M | +18.57% |
| 2022 | 2022-12-31 | $109.9M | $23.8M | +27.70% |
| 2021 | 2021-12-31 | $86.1M | $7.5M | +9.54% |
| 2020 | 2020-12-31 | $78.6M | $7.1M | +9.98% |
| 2019 | 2019-12-31 | $71.4M | $4.0M | +5.92% |
| 2018 | 2018-12-31 | $67.4M | $10.0M | +17.42% |
| 2017 | 2017-12-31 | $57.4M | $19.4M | +51.13% |
| 2016 | 2016-12-31 | $38.0M | $4.0M | +11.65% |
| 2015 | 2015-12-31 | $34.0M | $4.3M | +14.39% |
| 2014 | 2014-12-31 | $29.8M | $4.5M | +17.75% |
| 2013 | 2013-12-31 | $25.3M | $5.2M | +25.62% |
| 2012 | 2012-12-31 | $20.1M | −$59,130 | −0.29% |
| 2011 | 2011-12-31 | $20.2M | $2.5M | +14.26% |
| 2010 | 2010-12-31 | $17.7M | $4.2M | +30.89% |
| 2009 | 2009-12-31 | $13.5M | — | — |
Tucows quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $31.2M | $6.3M | +25.02% |
| Q1 2026 | 2026-03-31 | $28.4M | $2.9M | +11.24% |
| Q4 2025 | 2025-12-31 | $33.1M | −$18.4M | −35.76% |
| Q3 2025 | 2025-09-30 | $33.8M | $1.5M | +4.72% |
| Q2 2025 | 2025-06-30 | $25.0M | −$4.4M | −15.02% |
| Q1 2025 | 2025-03-31 | $25.6M | −$9.3M | −26.61% |
| Q4 2024 | 2024-12-31 | $51.6M | $17.6M | +52.01% |
| Q3 2024 | 2024-09-30 | $32.2M | −$1.7M | −4.97% |
| Q2 2024 | 2024-06-30 | $29.4M | −$1.7M | −5.54% |
| Q1 2024 | 2024-03-31 | $34.8M | $3.5M | +11.14% |
| Q4 2023 | 2023-12-31 | $33.9M | $3.9M | +13.04% |
| Q3 2023 | 2023-09-30 | $33.9M | $6.6M | +23.94% |
| Q2 2023 | 2023-06-30 | $31.1M | $4.6M | +17.54% |
| Q1 2023 | 2023-03-31 | $31.3M | $5.3M | +20.34% |
| Q4 2022 | 2022-12-31 | $30.0M | $4.0M | +15.59% |
| Q3 2022 | 2022-09-30 | $27.4M | $6.1M | +28.80% |
| Q2 2022 | 2022-06-30 | $26.5M | $6.2M | +30.66% |
| Q1 2022 | 2022-03-31 | $26.0M | $7.5M | +40.15% |
| Q4 2021 | 2021-12-31 | $26.0M | $7.4M | +40.09% |
| Q3 2021 | 2021-09-30 | $21.2M | $2.6M | +14.06% |
| Q2 2021 | 2021-06-30 | $20.3M | −$1.2M | −5.39% |
| Q1 2021 | 2021-03-31 | $18.6M | −$1.4M | −6.98% |
| Q4 2020 | 2020-12-31 | $18.5M | $2.4M | +15.23% |
| Q3 2020 | 2020-09-30 | $18.6M | −$344,000 | −1.81% |
| Q2 2020 | 2020-06-30 | $21.4M | $2.7M | +14.24% |
| Q1 2020 | 2020-03-31 | $20.0M | $2.4M | +13.36% |
| Q4 2019 | 2019-12-31 | $16.1M | −$1.4M | −7.92% |
| Q3 2019 | 2019-09-30 | $19.0M | $2.4M | +14.19% |
| Q2 2019 | 2019-06-30 | $18.8M | $2.3M | +14.07% |
| Q1 2019 | 2019-03-31 | $17.6M | $703,000 | +4.15% |
| Q4 2018 | 2018-12-31 | $17.5M | $2.7M | +18.39% |
| Q3 2018 | 2018-09-30 | $16.6M | $2.1M | +14.40% |
| Q2 2018 | 2018-06-30 | $16.4M | $2.2M | +15.17% |
| Q1 2018 | 2018-03-31 | $16.9M | $3.0M | +21.87% |
| Q4 2017 | 2017-12-31 | $14.8M | $3.7M | +33.92% |
| Q3 2017 | 2017-09-30 | $14.5M | $5.1M | +54.53% |
| Q2 2017 | 2017-06-30 | $14.3M | $4.8M | +50.23% |
| Q1 2017 | 2017-03-31 | $13.9M | $5.8M | +71.68% |
| Q4 2016 | 2016-12-31 | $11.0M | $2.5M | +28.97% |
| Q3 2016 | 2016-09-30 | $9.4M | $679,684 | +7.80% |
| Q2 2016 | 2016-06-30 | $9.5M | $534,644 | +5.96% |
| Q1 2016 | 2016-03-31 | $8.1M | $276,450 | +3.54% |
| Q4 2015 | 2015-12-31 | $8.5M | $1.9M | +28.03% |
| Q3 2015 | 2015-09-30 | $8.7M | $1.0M | +13.56% |
| Q2 2015 | 2015-06-30 | $9.0M | $1.5M | +20.39% |
| Q1 2015 | 2015-03-31 | $7.8M | −$146,479 | −1.84% |
| Q4 2014 | 2014-12-31 | $6.7M | −$274,476 | −3.95% |
| Q3 2014 | 2014-09-30 | $7.7M | $1.4M | +21.35% |
| Q2 2014 | 2014-06-30 | $7.5M | $1.6M | +28.15% |
| Q1 2014 | 2014-03-31 | $8.0M | $1.8M | +28.67% |
| Q4 2013 | 2013-12-31 | $6.9M | $1.4M | +24.52% |
| Q3 2013 | 2013-09-30 | $6.3M | $2.1M | +51.18% |
| Q2 2013 | 2013-06-30 | $5.8M | $245,915 | +4.42% |
| Q1 2013 | 2013-03-31 | $6.2M | $1.4M | +29.23% |
| Q4 2012 | 2012-12-31 | $5.6M | $1.6M | +41.55% |
| Q3 2012 | 2012-09-30 | $4.2M | −$2.6M | −38.41% |
| Q2 2012 | 2012-06-30 | $5.6M | $914,743 | +19.66% |
| Q1 2012 | 2012-03-31 | $4.8M | −$1,177 | −0.02% |
| Q4 2011 | 2011-12-31 | $3.9M | — | — |
| Q3 2011 | 2011-09-30 | $6.8M | $3.0M | +79.92% |
| Q2 2011 | 2011-06-30 | $4.7M | −$1.3M | −21.22% |
| Q1 2011 | 2011-03-31 | $4.8M | — | — |
| Q3 2010 | 2010-09-30 | $3.8M | — | — |
| Q2 2010 | 2010-06-30 | $5.9M | — | — |
Tucows operating expenses trends
Over the last five fiscal years, Tucows's operating expenses increased from $78.6M to $117.4M, a change of $38.9M. The latest reported quarter, Q2 2026, shows $31.2M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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