Tucows Inc.
TCX Technology Software Infrastructure
Tucows Inc.’s revenue for fiscal 2025 (year ended December 2025) was $390.3 million, up 7.74% from fiscal 2024. In the quarter to June 2026, revenue grew 2.13%, EPS fell 30.5%, free cash flow fell 112.8% and total debt was flat, each against the same quarter a year earlier. Revenue growth for three consecutive years.
Follow TCX
Tucows Inc. (TCX) P/E ratio
Tucows Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 262× (December 2021) — the current reading is the lowest in ten years.
P/E ratio, daily
Embed this chart
Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 0.0× | — |
| FY2024 | 0.0× | — |
| FY2023 | 0.0× | — |
| FY2022 | 0.0× | — |
| FY2021 | 262× | 93.17% |
| FY2020 | 136× | 220.46% |
| FY2019 | 42.3× | 13.43% |
| FY2018 | 37.3× | 25.33% |
| FY2017 | 29.8× | 24.94% |
| FY2016 | 23.8× | 17.42% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 0.0× | — |
| Mar 2026 | 0.0× | — |
| Dec 2025 | 0.0× | — |
| Sep 2025 | 0.0× | — |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| TCX Tucows Inc. | n/m |
| DAVA Endava PLC Sponsored ADR compare | n/m |
| EXOD Exodus Movement, Inc. compare | n/m |
| SKYA SkyAI, Inc. compare | n/m |
| USIO Usio Inc compare | n/m |
| AGPU Axe Compute Inc. compare | n/m |
| SANG Sangoma Technologies Corporation compare | n/m |
| DVLT Datavault AI Inc. compare | n/m |
| AMBR Amber International Holding Limited - Sponsored ADR compare | 298× |
| Software Infrastructure industry median | 28.4× |
| Technology sector median | 28.2× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)