Tucows annual r&d spending
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2025
Tucows R&D Spending Growth & History (TCX)
Tucows's r&d spending was $17.8M for fiscal 2025.
View full Tucows company overviewTucows annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $17.8M | −$814,000 | −4.37% |
| 2024 | 2024-12-31 | $18.6M | −$590,000 | −3.07% |
| 2023 | 2023-12-31 | $19.2M | $5.0M | +35.45% |
| 2022 | 2022-12-31 | $14.2M | −$123,000 | −0.86% |
| 2021 | 2021-12-31 | $14.3M | $1.9M | +15.15% |
| 2020 | 2020-12-31 | $12.4M | $2.7M | +27.89% |
| 2019 | 2019-12-31 | $9.7M | $969,000 | +11.08% |
| 2018 | 2018-12-31 | $8.7M | $1.5M | +20.53% |
| 2017 | 2017-12-31 | $7.3M | $2.8M | +61.47% |
| 2016 | 2016-12-31 | $4.5M | −$7,845 | −0.17% |
| 2015 | 2015-12-31 | $4.5M | $197,130 | +4.58% |
| 2014 | 2014-12-31 | $4.3M | $147,112 | +3.54% |
| 2013 | 2013-12-31 | $4.2M | −$144,217 | −3.35% |
| 2012 | 2012-12-31 | $4.3M | −$565,408 | −11.61% |
| 2011 | 2011-12-31 | $4.9M | $290,330 | +6.34% |
| 2010 | 2010-12-31 | $4.6M | $27,194 | +0.60% |
| 2009 | 2009-12-31 | $4.6M | — | — |
Tucows quarterly r&d spending
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Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $4.9M | $516,000 | +11.88% |
| Q1 2026 | 2026-03-31 | $4.4M | $24,000 | +0.54% |
| Q4 2025 | 2025-12-31 | $4.4M | −$94,000 | −2.10% |
| Q3 2025 | 2025-09-30 | $4.7M | $67,000 | +1.45% |
| Q2 2025 | 2025-06-30 | $4.3M | −$178,000 | −3.94% |
| Q1 2025 | 2025-03-31 | $4.4M | −$609,000 | −12.14% |
| Q4 2024 | 2024-12-31 | $4.5M | −$529,000 | −10.57% |
| Q3 2024 | 2024-09-30 | $4.6M | −$203,000 | −4.21% |
| Q2 2024 | 2024-06-30 | $4.5M | −$59,000 | −1.29% |
| Q1 2024 | 2024-03-31 | $5.0M | $201,000 | +4.17% |
| Q4 2023 | 2023-12-31 | $5.0M | $1.0M | +25.89% |
| Q3 2023 | 2023-09-30 | $4.8M | $1.8M | +61.52% |
| Q2 2023 | 2023-06-30 | $4.6M | $1.1M | +32.21% |
| Q1 2023 | 2023-03-31 | $4.8M | $1.1M | +27.89% |
| Q4 2022 | 2022-12-31 | $4.0M | −$292,000 | −6.84% |
| Q3 2022 | 2022-09-30 | $3.0M | −$759,000 | −20.28% |
| Q2 2022 | 2022-06-30 | $3.5M | $295,000 | +9.31% |
| Q1 2022 | 2022-03-31 | $3.8M | $633,000 | +20.21% |
| Q4 2021 | 2021-12-31 | $4.3M | $819,000 | +23.76% |
| Q3 2021 | 2021-09-30 | $3.7M | $580,000 | +18.34% |
| Q2 2021 | 2021-06-30 | $3.2M | $103,000 | +3.36% |
| Q1 2021 | 2021-03-31 | $3.1M | $381,000 | +13.85% |
| Q4 2020 | 2020-12-31 | $3.4M | $1.9M | +120.11% |
| Q3 2020 | 2020-09-30 | $3.2M | $286,000 | +9.94% |
| Q2 2020 | 2020-06-30 | $3.1M | $315,000 | +11.45% |
| Q1 2020 | 2020-03-31 | $2.8M | $228,000 | +9.04% |
| Q4 2019 | 2019-12-31 | $1.6M | −$525,000 | −25.11% |
| Q3 2019 | 2019-09-30 | $2.9M | $669,000 | +30.31% |
| Q2 2019 | 2019-06-30 | $2.8M | $397,000 | +16.86% |
| Q1 2019 | 2019-03-31 | $2.5M | $428,000 | +20.43% |
| Q4 2018 | 2018-12-31 | $2.1M | $235,141 | +12.67% |
| Q3 2018 | 2018-09-30 | $2.2M | $297,000 | +15.55% |
| Q2 2018 | 2018-06-30 | $2.4M | $557,000 | +30.98% |
| Q1 2018 | 2018-03-31 | $2.1M | $400,859 | +23.66% |
| Q4 2017 | 2017-12-31 | $1.9M | $805,977 | +76.77% |
| Q3 2017 | 2017-09-30 | $1.9M | $639,893 | +50.38% |
| Q2 2017 | 2017-06-30 | $1.8M | $799,349 | +80.04% |
| Q1 2017 | 2017-03-31 | $1.7M | $517,781 | +44.02% |
| Q4 2016 | 2016-12-31 | $1.0M | −$47,911 | −4.36% |
| Q3 2016 | 2016-09-30 | $1.3M | $168,526 | +15.30% |
| Q2 2016 | 2016-06-30 | $998,651 | −$190,625 | −16.03% |
| Q1 2016 | 2016-03-31 | $1.2M | $62,165 | +5.58% |
| Q4 2015 | 2015-12-31 | $1.1M | $30,644 | +2.87% |
| Q3 2015 | 2015-09-30 | $1.1M | $60,445 | +5.81% |
| Q2 2015 | 2015-06-30 | $1.2M | $81,744 | +7.38% |
| Q1 2015 | 2015-03-31 | $1.1M | $24,297 | +2.23% |
| Q4 2014 | 2014-12-31 | $1.1M | $5,840 | +0.55% |
| Q3 2014 | 2014-09-30 | $1.0M | −$174,191 | −14.33% |
| Q2 2014 | 2014-06-30 | $1.1M | $359,395 | +48.04% |
| Q1 2014 | 2014-03-31 | $1.1M | −$43,932 | −3.87% |
| Q4 2013 | 2013-12-31 | $1.1M | −$11,842 | −1.10% |
| Q3 2013 | 2013-09-30 | $1.2M | $204,378 | +20.22% |
| Q2 2013 | 2013-06-30 | $748,137 | −$357,438 | −32.33% |
| Q1 2013 | 2013-03-31 | $1.1M | $20,685 | +1.86% |
| Q4 2012 | 2012-12-31 | $1.1M | −$143,295 | −11.78% |
| Q3 2012 | 2012-09-30 | $1.0M | −$210,004 | −17.20% |
| Q2 2012 | 2012-06-30 | $1.1M | −$126,018 | −10.23% |
| Q1 2012 | 2012-03-31 | $1.1M | −$86,091 | −7.18% |
| Q4 2011 | 2011-12-31 | $1.2M | — | — |
| Q3 2011 | 2011-09-30 | $1.2M | $167,185 | +15.87% |
| Q2 2011 | 2011-06-30 | $1.2M | $41,656 | +3.50% |
| Q1 2011 | 2011-03-31 | $1.2M | — | — |
| Q3 2010 | 2010-09-30 | $1.1M | — | — |
| Q2 2010 | 2010-06-30 | $1.2M | — | — |
Tucows r&d spending trends
Over the last five fiscal years, Tucows's r&d spending increased from $12.4M to $17.8M, a change of $5.4M. The latest reported quarter, Q2 2026, shows $4.9M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Tucows source filings ↗