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TUCOWS INC /PA/ (TCX) Annual Reports

Q: Where can I read TUCOWS INC /PA/ (TCX) annual reports?

Every year on this page links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser. 3 filings are currently indexed.

Q: What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer; a 20-F is filed by foreign private issuers (Taiwanese companies with US ADRs, such as TSMC, file 20-F). A 40-F applies to Canadian issuers under the MJDS.

TUCOWS INC /PA/ is listed on Nasdaq, classified by the SEC under Services-Computer Processing & Data Preparation (SIC 7374). This page indexes 3 annual reports, each linking to the full text on the SEC's EDGAR system.

Company profile

Exchange： Nasdaq
Fiscal year end： 12/31
SEC CIK： 909494 →

Website：Official site ↗

Financial Highlights

FY2026 Q2 (quarterly, ended 2026-06-30)
	Current	Prior year	YoY
Revenue	$100.6M	$98.5M	+2.1%
Operating income	$-5.5M	$-2.9M	-89.5%
Net income	$-20.5M	$-15.6M	-30.9%
EPS (diluted)	$-1.84	$-1.41	-30.5%

Source: SEC EDGAR (XBRL company facts)

Financial history

Revenue & profit

Quarterly · In mn (USD)

Revenue 101 mn Net income -20.5 mn

Show table：Income statement

Item	2009Q4	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q3	2020Q4	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Revenue	—	—	—	—	—	—	—	—	—	—	—	115	30.0	31.2	35.6	33.1	34.4	35.6	38.9	38.8	40.5	42.9	44.5	45.0	45.6	47.5	49.1	48.8	69.6	84.2	85.0	90.6	95.8	81.1	83.5	85.6	79.0	84.1	88.1	86.0	84.0	82.1	74.3	70.8	70.9	75.1	75.9	82.5	81.1	83.1	78.0	78.9	80.4	85.0	87.0	87.0	87.5	89.4	92.3	93.1	94.6	98.5	98.6	98.7	96.7	101
Gross profit	21.2	5.06	4.91	4.99	5.34	5.37	6.06	6.54	6.83	6.63	6.45	6.30	6.48	6.71	10.0	8.24	8.76	9.53	11.6	10.7	12.2	12.8	14.0	14.1	15.2	15.8	16.6	0.02	16.9	21.4	20.2	0.03	22.6	22.2	24.3	27.7	22.6	24.5	27.6	26.1	25.1	23.0	19.9	17.4	17.4	18.2	18.0	24.6	21.2	22.1	18.0	17.0	14.1	18.0	16.8	17.8	18.3	20.8	22.2	21.7	23.5	22.1	24.2	24.1	24.1	25.8
Operating income	7.72	-0.84	1.13	1.23	0.55	0.71	-0.71	2.57	2.04	1.06	2.26	0.73	0.3	0.89	3.67	1.29	0.8	2.08	3.90	2.85	4.41	3.88	5.07	4.65	6.26	6.14	7.24	5.41	3.06	7.07	5.97	11.0	5.70	5.71	7.65	10.3	5.03	5.75	8.60	9.96	5.17	1.54	1.31	-1.10	-1.13	-2.03	-3.22	-1.38	-4.85	-4.43	-9.38	-13.0	-17.3	-13.1	-17.2	-16.1	-16.5	-8.60	-10.1	-29.9	-2.03	-2.88	-9.58	-8.99	-4.31	-5.46
Net income	12.2	-0.77	1.08	1.24	0.73	0.57	-1.15	6.03	1.66	0.7	1.64	0.43	0.08	0.59	2.59	0.92	0.48	1.35	2.69	1.86	2.83	2.28	3.16	3.10	4.44	4.07	4.74	0	2.45	5.24	3.44	0.01	3.74	3.61	5.35	4.44	2.80	2.62	4.21	5.78	2.83	0.16	0.72	2.07	2.15	1.81	1.38	-1.97	-3.02	-3.12	-7.98	-13.4	-19.1	-31.0	-22.8	-23.4	-26.5	-18.6	-22.3	-42.5	-15.1	-15.6	-23.0	-22.0	-18.1	-20.5

Balance sheet

Quarterly · In mn (USD)

Total assets 728 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2009Q4	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q3	2020Q4	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Current assets	—	—	—	48.1	—	53.9	56.0	58.3	62.5	63.0	62.4	63.8	62.1	64.3	68.0	68.1	74.0	74.8	73.6	74.5	75.6	80.3	76.1	71.1	71.5	73.3	81.1	83.3	161	159	152	154	145	140	135	132	146	150	147	146	136	142	139	141	142	146	144	147	154	153	172	170	168	309	266	243	214	189	222	205	195	212	209	203	200	198
Total assets	—	—	—	101	—	106	110	116	120	120	119	119	117	119	122	121	127	128	126	126	134	139	135	129	138	140	148	154	352	351	346	351	341	340	338	340	405	414	419	426	438	442	445	452	464	484	493	540	563	595	645	665	682	843	814	798	780	758	799	759	742	742	735	731	729	728
Current liabilities	—	—	—	55.8	—	59.4	63.4	63.2	71.0	71.8	70.8	70.8	75.6	77.0	74.7	73.4	76.5	75.1	71.2	69.5	77.2	79.5	81.9	78.3	83.9	86.4	80.8	84.4	186	185	183	179	172	171	168	165	192	166	166	157	163	165	165	163	172	171	168	174	183	424	186	188	192	194	188	201	208	204	199	200	193	201	195	330	337	346
Equity	31.1	—	—	23.9	—	25.4	24.3	30.4	26.4	25.8	25.9	25.8	20.0	20.7	26.2	26.9	29.1	31.1	33.6	35.6	31.0	34.2	27.7	26.3	29.7	29.3	34.5	37.8	40.0	45.1	48.7	60.2	65.4	69.3	75.4	79.8	83.4	87.0	87.0	94.2	95.4	97.4	100	105	107	111	113	115	115	114	106	96.7	79.7	51.1	30.1	9.88	-15.9	-33.1	-53.1	-95.3	-108	-122	-144	-164	-181	-201

Cash flow

Quarterly · In mn (USD)

Operating 1.94 mn Investing -3.67 mn Financing 0 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2009Q4	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q3	2020Q4	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Operating	6.47	1.17	1.88	2.34	0.76	0.82	1.63	2.67	2.08	0	2.24	2.02	0.42	2.97	3.66	1.65	-0.04	1.13	5.01	2.77	2.94	2.24	6.78	1.39	5.55	2.17	5.00	8.92	2.40	8.13	7.28	14.1	9.57	5.75	11.2	10.7	8.99	6.98	11.2	13.2	14.1	8.94	11.4	1.64	14.1	3.52	1.49	10.5	5.41	12.6	-1.01	2.90	-5.25	-1.59	-6.94	9.00	-5.68	-4.71	-4.56	-4.79	-11.3	6.57	1.53	-2.61	3.52	1.94
Investing	3.27	-0.12	-0.03	-0.3	-0.33	-0.16	-2.53	-0.22	0.18	-0.17	-0.16	-0.33	-0.45	-0.47	-0.17	-0.26	-0.07	-0.31	-0.22	-8.31	6.02	-1.10	-0.71	-0.92	-6.91	-1.17	-2.17	-4.20	-81.9	-2.91	-5.24	-4.03	-6.32	-7.32	-7.12	-8.93	-38.5	-12.9	-11.3	-13.3	-18.7	-12.2	-10.6	-11.7	-14.1	-23.7	-14.5	-49.6	-23.1	-30.3	-46.7	-37.4	-31.9	-23.4	-22.6	-14.7	-14.4	-16.0	-15.0	-11.1	-4.47	6.99	3.54	-3.90	-5.83	-3.67
Financing	-5.53	-2.17	-0.48	-3.27	-0.48	-0.48	1.22	-0.71	-2.30	-1.68	-1.62	-0.25	-2.10	-0.32	1.59	-0.53	1.23	-0.19	-5.37	0.23	-3.55	0.49	-9.48	-4.65	3.65	-5.13	1.78	-0.12	79.5	-5.11	-4.64	-4.55	-4.72	-3.86	-4.48	0.13	27.9	6.93	0.12	8.55	-3.31	-0.31	0.5	8.23	0.01	19.2	11.3	42.7	14.8	18.0	71.7	27.4	25.4	173	-7.64	-11.8	-5.50	-6.52	58.5	-1.93	-2.50	0.03	-2.92	0	0	0
Cash at period end	9.63	4.07	5.43	4.21	4.16	4.35	4.65	6.41	6.37	4.51	4.97	6.42	4.29	6.47	11.6	12.4	13.5	14.2	13.6	8.27	13.7	15.3	11.9	7.72	10.0	5.88	10.5	15.1	15.0	15.2	12.6	18.1	16.6	11.2	10.8	12.6	11.0	12.0	12.0	20.4	12.4	8.86	10.2	8.31	8.31	7.26	5.54	9.11	6.20	6.51	30.5	23.5	11.8	148	111	92.7	66.6	39.3	75.2	56.9	38.1	52.0	54.1	46.8	44.3	44.2

Profitability

Quarterly · %

Gross margin 25.6% Operating margin -5.4% Net margin -20.4%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2009Q4	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q3	2020Q4	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
Gross margin	—	—	—	—	—	—	—	—	—	—	—	5.5%	21.6%	21.5%	28.1%	24.9%	25.5%	26.8%	29.8%	27.5%	30.2%	30.0%	31.5%	31.3%	33.3%	33.4%	33.9%	0.0%	24.4%	25.4%	23.7%	0.0%	23.6%	27.3%	29.1%	32.4%	28.7%	29.1%	31.3%	30.3%	29.9%	28.0%	26.8%	24.6%	24.6%	24.3%	23.8%	29.8%	26.1%	26.5%	23.1%	21.6%	17.5%	21.2%	19.3%	20.5%	20.9%	23.3%	24.0%	23.3%	24.9%	22.5%	24.5%	24.5%	25.0%	25.6%
Operating margin	—	—	—	—	—	—	—	—	—	—	—	0.6%	1.0%	2.9%	10.3%	3.9%	2.3%	5.8%	10.0%	7.3%	10.9%	9.1%	11.4%	10.3%	13.7%	12.9%	14.8%	11.1%	4.4%	8.4%	7.0%	12.1%	6.0%	7.0%	9.2%	12.0%	6.4%	6.8%	9.8%	11.6%	6.2%	1.9%	1.8%	-1.6%	-1.6%	-2.7%	-4.3%	-1.7%	-6.0%	-5.3%	-12.0%	-16.5%	-21.5%	-15.4%	-19.7%	-18.5%	-18.9%	-9.6%	-10.9%	-32.1%	-2.1%	-2.9%	-9.7%	-9.1%	-4.5%	-5.4%
Net margin	—	—	—	—	—	—	—	—	—	—	—	0.4%	0.3%	1.9%	7.3%	2.8%	1.4%	3.8%	6.9%	4.8%	7.0%	5.3%	7.1%	6.9%	9.7%	8.6%	9.7%	0.0%	3.5%	6.2%	4.0%	0.0%	3.9%	4.5%	6.4%	5.2%	3.5%	3.1%	4.8%	6.7%	3.4%	0.2%	1.0%	2.9%	3.0%	2.4%	1.8%	-2.4%	-3.7%	-3.8%	-10.2%	-17.0%	-23.7%	-36.4%	-26.2%	-26.9%	-30.3%	-20.8%	-24.2%	-45.6%	-16.0%	-15.9%	-23.4%	-22.3%	-18.7%	-20.4%

Returns & leverage

Quarterly · %

ROE -1011.6% ROA -11.4%

ROE / ROA = trailing four-quarter net income ÷ average equity / total assets (annual mode: the year’s net income ÷ average of opening and closing). Not computed when the denominator is zero or negative.

Show table：Returns & leverage

Item	2009Q4	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q3	2020Q4	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
ROE	—	—	—	57.6%	—	14.3%	5.7%	22.7%	26.9%	28.3%	39.9%	15.8%	12.2%	11.7%	14.2%	15.9%	18.6%	20.6%	18.2%	20.4%	29.0%	29.6%	33.1%	36.7%	42.8%	46.5%	52.6%	41.3%	32.3%	33.4%	26.8%	22.7%	23.6%	18.9%	20.5%	24.5%	21.8%	19.4%	17.3%	17.7%	17.3%	14.1%	10.1%	5.8%	5.0%	6.5%	6.9%	3.1%	-1.6%	-6.0%	-14.7%	-26.0%	-44.8%	-86.8%	-127.2%	-180.6%	-325.2%	-1011.6%	—	—	—	—	—	—	—	—
ROA	—	—	—	13.6%	—	3.4%	1.3%	5.7%	5.9%	6.4%	8.8%	3.8%	2.4%	2.3%	3.1%	3.5%	3.8%	4.3%	4.4%	5.2%	6.7%	7.3%	7.8%	8.9%	9.5%	10.6%	11.6%	9.3%	4.6%	5.1%	4.5%	4.4%	3.6%	3.1%	3.7%	5.0%	4.3%	4.0%	3.7%	4.0%	3.7%	3.0%	2.2%	1.3%	1.1%	1.5%	1.6%	0.7%	-0.3%	-1.3%	-2.8%	-4.6%	-7.0%	-9.9%	-11.8%	-13.2%	-14.2%	-11.4%	-11.3%	-14.1%	-12.9%	-12.7%	-12.6%	-10.2%	-10.7%	-11.4%

EPS

Quarterly · US$

EPS US$-1.84

Show table：EPS

Item	2009Q4	2010Q2	2010Q3	2010Q4	2011Q1	2011Q2	2011Q3	2011Q4	2012Q1	2012Q2	2012Q3	2012Q4	2013Q1	2013Q2	2013Q3	2013Q4	2014Q1	2014Q2	2014Q3	2014Q4	2015Q1	2015Q2	2015Q3	2015Q4	2016Q1	2016Q2	2016Q3	2016Q4	2017Q1	2017Q2	2017Q3	2017Q4	2018Q1	2018Q2	2018Q3	2018Q4	2019Q1	2019Q2	2019Q3	2019Q4	2020Q3	2020Q4	2020Q3	2020Q4	2021Q1	2021Q2	2021Q3	2021Q4	2022Q1	2022Q2	2022Q3	2022Q4	2023Q1	2023Q2	2023Q3	2023Q4	2024Q1	2024Q2	2024Q3	2024Q4	2025Q1	2025Q2	2025Q3	2025Q4	2026Q1	2026Q2
EPS（US$）	0.17	-0.01	0.02	0.03	0.01	0.01	-0.02	0.09	0.03	0.01	0.03	0.01	0.00	0.01	0.06	0.30	0.04	0.11	0.23	0.15	0.24	0.20	0.28	0.28	0.41	0.38	0.45	0.26	0.23	0.49	0.32	1.04	0.35	0.33	0.50	0.41	0.26	0.24	0.39	0.54	0.26	0.01	0.07	0.19	0.20	0.17	0.13	-0.18	-0.28	-0.29	-0.74	-1.25	-1.77	—	—	-7.08	—	—	—	—	—	-1.41	—	—	—	-1.84

Revenue & profit

Year-to-date · In mn (USD)

Revenue 197 mn Net income -38.6 mn

Year-to-date = summed from the first quarter of the fiscal year; balance-sheet items are period-end balances.

Balance sheet

Year-to-date · In mn (USD)

Total assets 728 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Cash flow

Year-to-date · In mn (USD)

Operating 5.46 mn Investing -9.50 mn Financing 0 mn

Positive = cash in, negative = cash out.

Profitability

Year-to-date · %

Gross margin 25.3% Operating margin -5.0% Net margin -19.6%

Gross, operating and net margin = the respective profit ÷ revenue.

Returns & leverage

Year-to-date · %

ROE -1011.6% ROA -11.4%

EPS

Year-to-date · US$

EPS US$-1.77

Revenue & profit

Annual · In mn (USD)

Revenue 390 mn Net income -75.8 mn

Annual = sum of four quarters of a complete fiscal year (incomplete years are omitted); balance-sheet items are year-end balances.

Show table：Income statement

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2021	2022	2023	2024	2025
Revenue	—	—	130	148	173	191	329	346	337	304	321	339	362	390
Gross profit	23.3	26.2	31.4	40.5	53.2	47.7	58.5	96.8	101	78.3	78.3	66.7	83.0	94.0
Operating income	3.13	6.09	6.15	9.64	18.0	25.1	27.1	29.3	29.3	-7.77	-31.7	-63.6	-65.0	-23.5
Net income	6.17	4.42	4.18	6.37	11.4	13.3	11.1	17.1	15.4	3.36	-27.6	-96.2	-110	-75.8

Balance sheet

Annual · In mn (USD)

Total assets 731 mn

Equity = assets − liabilities. Balance-sheet figures are period-end balances, not cumulative.

Show table：Balance sheet

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2021	2022	2023	2024	2025
Current assets	58.3	63.8	68.1	74.5	71.1	83.3	154	132	146	147	170	243	205	203
Total assets	116	119	121	126	129	154	351	340	426	540	665	798	759	731
Current liabilities	63.2	70.8	73.4	69.5	78.3	84.4	179	165	157	174	188	201	200	330
Equity	30.4	25.8	26.9	35.6	26.3	37.8	60.2	79.8	94.2	115	96.7	9.88	-95.3	-164

Cash flow

Annual · In mn (USD)

Operating -5.76 mn Investing 2.16 mn Financing -5.39 mn

Positive = cash in, negative = cash out.

Show table：Cash flow statement

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2021	2022	2023	2024	2025
Operating	5.89	6.34	8.70	8.88	13.3	21.6	31.9	37.2	40.4	29.6	19.9	-4.77	-19.7	-5.76
Investing	-3.24	-0.49	-1.35	-8.91	3.29	-14.4	-94.1	-29.7	-76.1	-102	-137	-92.6	-56.5	2.16
Financing	-0.44	-5.85	-1.36	-4.11	-17.2	0.18	65.2	-12.9	43.5	73.1	132	179	44.5	-5.39
Cash at period end	6.41	6.42	12.4	8.27	7.72	15.1	18.1	12.6	20.4	9.11	23.5	92.7	56.9	46.8

Profitability

Annual · %

Gross margin 24.1% Operating margin -6.0% Net margin -19.4%

Gross, operating and net margin = the respective profit ÷ revenue.

Show table：Profitability

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2021	2022	2023	2024	2025
Gross margin	—	—	24.2%	27.5%	30.8%	25.0%	17.8%	28.0%	29.9%	25.7%	24.4%	19.6%	22.9%	24.1%
Operating margin	—	—	4.7%	6.5%	10.4%	13.1%	8.2%	8.5%	8.7%	-2.5%	-9.9%	-18.8%	-17.9%	-6.0%
Net margin	—	—	3.2%	4.3%	6.6%	6.9%	3.4%	5.0%	4.6%	1.1%	-8.6%	-28.4%	-30.3%	-19.4%

Returns & leverage

Annual · %

ROE -180.6% ROA -10.2%

Show table：Returns & leverage

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2021	2022	2023	2024	2025
ROE	20.3%	15.8%	15.9%	20.4%	36.7%	41.3%	22.7%	24.5%	17.7%	3.2%	-26.0%	-180.6%	—	—
ROA	5.3%	3.8%	3.5%	5.2%	8.9%	9.3%	4.4%	5.0%	4.0%	0.7%	-4.6%	-13.2%	-14.1%	-10.2%

EPS

Annual · US$

EPS US$-2.56

Show table：EPS

Item	2011	2012	2013	2014	2015	2016	2017	2018	2019	2021	2022	2023	2024	2025
EPS（US$）	0.09	0.08	0.37	0.53	1.00	1.50	2.08	1.59	1.43	0.32	-2.56	—	—	—

Source: SEC EDGAR (XBRL company facts)

Annual reports by year

	10-K
2025	Open full text →
2024	Open full text →
2023	Open full text →

10-K: annual report of a US domestic issuer. Filings are the original documents hosted on SEC EDGAR — this site neither mirrors nor edits them.

FAQ

Where can I read TUCOWS INC /PA/ (TCX) annual reports?

Every year in the table above links straight to the full text on SEC EDGAR. US annual reports are web pages (HTML) rather than PDFs, so you can read and search them in the browser without downloading anything. 3 filings are currently indexed.

What is the difference between a 10-K and a 20-F?

A 10-K is the annual report of a US domestic issuer, with sections fixed by law: Item 1 Business, Item 1A Risk Factors, Item 7 Management's Discussion and Analysis. A 20-F is filed by foreign private issuers — Taiwanese companies with US ADRs, such as TSMC, file 20-F rather than 10-K. A 40-F applies to Canadian issuers under the MJDS.

Are earnings call materials available here?

No. Earnings calls are not SEC filings, so US pages on this site cover annual reports only. Taiwan has a mandatory investor-conference disclosure regime, and those materials are indexed under Annual Reports.

Source: US Securities and Exchange Commission (SEC) EDGAR. This site indexes public filings and links to them; it hosts no copies, offers no investment advice, and makes no warranty as to timeliness or completeness.
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