SuperworthTucows profit margin TCX
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- −21.2%
- Operating margin, 12 months
- −7.2%
- Net margin on a year earlier
- +4.0 pts
- Peer median
- 6.2%
Over the twelve months to Jun 30, 2026, Tucows kept −21.2% of its revenue as net profit, with an operating margin of −7.2% and a gross margin of 24.9%.
Five years earlier its net margin was 2.3%.
The median for 10 application software stocks of a similar size is 6.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −19.4% | −6.0% | 24.1% |
| FY2024 | −30.3% | −17.9% | 22.9% |
| FY2023 | −28.3% | −18.8% | 19.6% |
| FY2022 | −8.6% | −9.9% | 24.4% |
| FY2021 | 1.1% | −2.6% | 25.7% |
| FY2020 | 1.9% | 2.2% | 27.5% |
| FY2019 | 4.6% | 8.7% | 29.9% |
| FY2018 | 5.0% | 8.5% | 28.0% |
| FY2017 | 6.8% | 8.2% | 25.7% |
| FY2016 | 8.5% | 13.2% | 33.2% |
| FY2015 | 6.6% | 10.5% | 30.6% |
| FY2014 | 4.3% | 6.5% | 27.5% |
| FY2013 | 3.2% | 4.7% | 24.2% |
| FY2012 | 3.9% | 5.3% | 22.8% |
| FY2011 | 6.4% | 3.2% | 24.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −21.2% | +4.0 pts | −7.2% | |
| Q1 FY26 | −20.1% | +6.6 pts | −6.6% | |
| Q4 FY25 | −19.4% | +10.9 pts | −6.0% | |
| Q3 FY25 | −25.0% | +0.5 pts | −11.5% | |
| Q2 FY25 | −25.2% | +0.8 pts | −11.8% | |
| Q1 FY25 | −26.7% | +3.2 pts | −13.7% | |
| Q4 FY24 | −30.3% | −2.0 pts | −17.9% | |
| Q3 FY24 | −25.5% | +0.6 pts | −14.4% | |
| Q2 FY24 | −26.0% | −3.8 pts | −16.6% | |
| Q1 FY24 | −29.9% | −16.3 pts | −18.2% | |
| Q4 FY23 | −28.3% | −19.8 pts | −18.8% | |
| Q3 FY23 | −26.0% | −21.1 pts | −18.3% |
Against its peers
Companies in Software - Application nearest Tucows' size, closest first, today.
| Company | Profit margin |
|---|---|
| TCXTucows | −21.2% |
| TRAKReposiTrak | 32.5% |
| ALISCalisa Acquisition | n/m |
| EGHT8X8 | 0.6% |
| TZOOTravelzoo | 0.5% |
| ZIPZiprecruiter | 6.2% |
| OOMAOoma | 3.6% |
| CARSCars.com | 4.7% |
| IBEXIBEX | 7.2% |
| NRDSNerdwallet | 7.6% |
| MNTNMNTN | 18.0% |
| Peer median | 6.2% |
Where Tucows ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Tucows
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.