Tucows Inc (TCX)
NASDAQ:TCX
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
-1.47Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a generally positive operational and financial trajectory: consolidated revenue and gross profit grew, the company returned to positive operating cash flow, Domains remained a reliable cash generator, Ting showed accelerating revenue and notable improvement in margins and adjusted EBITDA, and the Radix registry migration was completed. Offsetting these positives are meaningful near-term profitability pressures including a 15% decline in consolidated adjusted EBITDA, wider net losses driven by professional fees and legacy mobile obligations, increased operating expenses (11%), Wavelo margin declines due to deliberate go-to-market investment, and significant Ting net debt and a Q1 cash outflow related to ABS interest. Management emphasizes disciplined capital allocation, covenant compliance, and active strategic work on Ting as mitigants. Overall, the positives around cash flow, core Domains performance, and Ting momentum outweigh the near-term headwinds, but material risks remain from legacy mobile liabilities and Ting leverage.Company Guidance
Consolidated Revenue Growth
Consolidated net revenue increased 2% year-over-year to $96.7 million in Q1 2026 (from $94.6 million), driven by strong revenue gains from Ting Fiber.
Gross Profit Expansion
Q1 gross profit rose 2.5% year-over-year to $24.1 million, supported by margin expansion in Domains and Ting and moderated network costs.
Return to Positive Operating Cash Flow
Consolidated cash flow from operating activities was $3.5 million in Q1 2026 versus a negative $11.3 million in Q1 2025, representing a meaningful improvement in cash generation.
Domains Profitability and Margin Improvement
Tucows Domains gross profit grew 2% to $18.6 million despite revenue declining 2% to $64.1 million; Domains adjusted EBITDA was $11.6 million, up modestly year-over-year, aided by a favorable mix of higher‑margin product sales.
Retail and Domain Services Strength
Retail revenue increased 5% to $9.8 million and retail gross margin increased 8% to $5.6 million. Domain Services gross margin increased 4% to $10.0 million year-over-year.
Completion of Radix Registry Migration
Migration of the Radix Registry portfolio was completed in mid‑March with the company expecting the full quarterly benefit in Q2, supporting Wholesale segment growth potential.
Ting Revenue and Profitability Momentum
Ting Internet revenue increased 19% year-over-year to $19.4 million (driven by construction revenue and subscriber growth). Ting gross profit rose to $1.7 million from a negligible amount last year and adjusted EBITDA loss improved 50% to a loss of $0.4 million (from -$0.8 million).
Liquidity and Covenant Compliance
Ended Q1 with cash and restricted cash of $34.6 million for Ting and $27.4 million excluding Ting; corporate net debt (excluding Ting) was $162.2 million. Tucows remained in compliance with syndicated facility covenants (leverage ratio 3.29x; interest coverage 4.12x).
TCX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TCX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $16.07 | $15.27 | -4.98% |
Feb 12, 2026 | $17.75 | $18.74 | +5.61% |
Nov 06, 2025 | $19.24 | $19.95 | +3.69% |
Aug 07, 2025 | $18.07 | $19.90 | +10.10% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Tucows Inc (TCX) report earnings?
Tucows Inc (TCX) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is Tucows Inc (TCX) earnings time?
Tucows Inc (TCX) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TCX EPS forecast?
Currently, no data Available