Runs an online marketplace for domain names.
Jun 2026Revenue $394M/yrExpenses $423M/yr
Fell below break-even Apr 2021Cash runway ≈ 3.1 years from Jun 2026
Figures by year
When will Tucows be profitable again?
Its expenses passed its revenue in Apr 2021. In the 12 months to Jun 2026, revenue was $394M and expenses $423M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $390M | $414M | −$23.5M |
| Dec 2024 | $362M | $427M | −$65.0M |
| Dec 2023 | $339M | $403M | −$63.7M |
| Dec 2022 | $321M | $353M | −$31.7M |
| Dec 2021 | $304M | $312M | −$7.77M |
| Dec 2020 | $311M | $304M | $6.92M |
| Dec 2019 | $337M | $308M | $29.3M |
| Dec 2018 | $346M | $317M | $29.3M |
| Dec 2017 | $329M | $302M | $27.1M |
| Dec 2016 | $190M | $165M | $25.0M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.