Tucows ( (TCX) ) has released its Q3 earnings. Here is a breakdown of the information Tucows presented to its investors.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Tucows Inc., a prominent player in the global internet services sector, is known for its diverse offerings including domain services, telecommunications software, and fiber-optic internet infrastructure. The company operates through its well-known brands such as Ting, Wavelo, and Tucows Domains, providing comprehensive internet solutions to a wide range of customers.
In its latest earnings report for the third quarter of 2025, Tucows announced a robust financial performance, highlighted by a significant increase in Adjusted EBITDA and gross profit. The company reported a 53% rise in Adjusted EBITDA, reaching $13.3 million, driven by broad-based topline growth and improved margins in its Wavelo and Domains segments. Overall, the company’s consolidated net revenue grew by 6.8% compared to the same period last year.
Key financial metrics from the report indicate a 9% increase in gross profit, amounting to $24.2 million, supported by strong performance in the Wavelo and Domains segments. Despite a net loss of $23.0 million, the adjusted net loss showed improvement, decreasing to $15.8 million from $19.8 million in the previous year. The company’s strategic shift towards a capital-efficient model for Ting and cost management initiatives contributed to these positive outcomes.
Tucows’ management remains optimistic about the future, reiterating its full-year financial guidance and expressing confidence in ongoing initiatives aimed at delivering shareholder value. The company continues to focus on simplifying its business operations and enhancing profitability, with a clear strategy for sustained growth in the coming quarters.