TCX (Tucows) EBITDA Margin %: 9.75% (As of Mar. 2026) — 20% Below Median


TCX Tucows Inc TCX
49 GF Score
Price $13.60
GF Value $21.45
Valuation Possible Value Trap
! 4 Warning Signs
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What is Tucows EBITDA Margin %?

Tucows TCX +0.67% 49 EBITDA Margin % is 9.75% as of Mar. 2026, which is 20% below its 10-year median of 12.21. GuruFocus rates TCX with a GF Score™ of 49/100 and a GF Value™ of $21.45 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,818 Software companies, Tucows ranks better than 50.99% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Tucows's EBITDA for the three months ended in Mar. 2026 was $9.4 Mil. Tucows's Revenue for the three months ended in Mar. 2026 was $96.7 Mil. Therefore, Tucows's EBITDA margin for the quarter that ended in Mar. 2026 was 9.75%.


Tucows  (NAS:TCX) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Tucows EBITDA Margin % Related Terms


Tucows EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Tucows's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tucows EBITDA Margin % Chart

Tucows Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.10 8.21 -2.82 -0.50 9.25

Tucows Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.56 12.56 5.42 5.66 9.75

TCX vs ZPTA, DAVA, AMBR: EBITDA Margin % Comparison

For the Software - Infrastructure subindustry, Tucows's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tucows EBITDA Margin % vs Software Industry

For the Software industry and Technology sector, Tucows's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Tucows's EBITDA Margin % falls into.


TCX
49GF Score
Tucows Inc TCX
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tucows EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Tucows's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=36.118/390.3
=9.25 %

Tucows's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=9.427/96.657
=9.75 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 9.75% mean?
Tucows (TCX) has a EBITDA Margin % of 9.75% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Tucows and its competitors. This is 20% below median its historical median of 12.21. According to the industry distribution chart, Tucows ranks #1381 out of 2818 companies in the Software industry, placing it in the top 49%.
Is Tucows' EBITDA Margin % too high?
Tucows' current EBITDA Margin % of 9.75% is 20% below median its 10-year median of 12.21. The Software industry median EBITDA Margin % is 8.07. Tucows' value of 9.75% is 20.8% above this industry median. Based on the distribution chart, Tucows ranks #1381 out of 2818 companies in the Software industry, which is above the industry midpoint. Overall, Tucows has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tucows' EBITDA Margin % compare to ZPTA and DAVA?
According to the Software industry distribution chart, Tucows ranks #1381 out of 2818 companies for EBITDA Margin %. This puts Tucows in the upper half of its industry. The industry median EBITDA Margin % is 8.07. Tucows' value of 9.75% is 20.8% above this benchmark. While the company's 10-year median is 12.21 vs. the industry median of 8.07, Tucows has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Software company?
The median EBITDA Margin % among Software companies is 8.07, based on 2,818 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tucows's current EBITDA Margin % of 9.75% is 20.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Tucows and its competitors. For the Software industry, the median EBITDA Margin % is 8.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tucows's current EBITDA Margin % is 9.75%, which is 20% below median its own 10-year median of 12.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tucows stock overvalued right now?
Based on GuruFocus' analysis, Tucows (TCX) is currently considered Possible Value Trap. The stock's GF Value™ is $21.45, compared to a current price of $13.60 — trading 36.6% below its estimated fair value. The current EBITDA Margin % is 9.75%, which is 20% below median its 10-year median of 12.21 and 20.8% above the Software industry median of 8.07. Tucows' overall GF Score™ is 49/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Tucows (TCX), the current EBITDA Margin % is 9.75% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tucows (TCX) Overvalued in 2026?

Based on GuruFocus' analysis, Tucows stock appears to be undervalued. The current stock price of $13.60 is trading 36.6% below its estimated GF Value™ of $21.45. GuruFocus considers Tucows to be Possible Value Trap.

Key valuation signals for TCX:

  • EBITDA Margin %: 9.75% (20% below median its 10-year median of 12.21)
  • GF Value™: $21.45 vs. price of $13.60 (36.6% below fair value)
  • GF Score™: 49/100 with 4 warning signs
  • Industry Position: 20.8% above the Software median (#1381 of 2818)

No single metric tells the full story. See the TCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tucows Business Description

Other Exchanges 0LH4:UKTC:Canada
Address 96 Mowat Avenue, Toronto, ON, CAN, M6K 3M1
Tucows Inc is a corporate parent, allocating capital and providing efficient shared services to its three businesses. The Company offers Mobile Service Enabler (MSE) solutions, as well as professional services to other retail mobile providers. The Company is also a distributor of Internet services, including domain name registration, digital certificates, and email. It provides these services through an Internet-based distribution network of Internet Service Providers, web hosting companies, and other providers of Internet services to end-users. It operates in three segments: Ting, Wavelo, and Tucows Domains. It generates the majority of its revenue from Tucows Domains. The company generates key revenue from Canada and USA.
49GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.60
Price
$21.45
GF Value