Tucows Reports Third Quarter Results In Line with Expectations with Progress on Balance Sheet Obligations
PR Newswire•05/11/2026•17:05 ET
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Key Highlights
- ➤Adjusted EBITDA $18.6 million, up 39.8% year over year
- ➤Gross profit $29.1 million, up 20.5% year over year
- ➤Net revenue $100.0 million, up 1.4% year over year
- ➤Tucows retired Ting preferred units valued at $149.3 million
- ➤Tucows repaid $6 million on its syndicated loan facility
Expert Statements
David Woroch, President and Chief Executive Officer of Tucows
“Adjusted EBITDA and gross profit grew year over year, and we remain on track for our 2026 guidance.”
David Woroch, President and Chief Executive Officer of Tucows
“We also retired the Ting preferred units valued at $149.3 million, and repaid $6 million on our syndicated loan facility.”
David Woroch, President and Chief Executive Officer of Tucows
“After quarter end, we agreed to assign Ting's Colorado Springs lease, which is expected to release Tucows' parent guaranty in the spring.”
David Woroch, President and Chief Executive Officer of Tucows
“Each of these steps makes the business simpler and more flexible than it was a quarter ago.”
Tucows Reports Third Quarter Results In Line with Expectations with Progress on Balance Sheet Obligations PR Newswire
TORONTO, Nov. 5, 2026 /PRNewswire/ -- Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, today reported its unaudited financial results for the third quarter ended September 30, 2026. All figures are in U.S. dollars.
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