Company / Gross Margin
TUCOWS INC /PA/ Gross Margin History
FY2011-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
24.4%
FY2024
5-year range
24.4% / 30.3%
FY2020-FY2024
Trend
-5.3%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Margin has declined for 3 consecutive years, from 30.3% in FY2017 to 24.4% in FY2024.
Based on SEC 10-K filings.
24.4% in FY2024 with a 10-year CAGR of +1.5%.
Declined from 27.5% to 24.4% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- -
- 5-Year Change
- -
- 10-Year Change
- +1.5pp
Key checks
Key Insights
- TUCOWS INC /PA/'s gross margin has declined for 3 consecutive years.
- In FY2024, gross margin decreased 5.3% year-over-year.
- Peak gross margin was recorded in FY2017.
- Lowest gross margin in the period was in FY2013.
Company context
Key Data Points
- Altman Z-Score 0.36 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | 24.4% | -5.3% |
| FY2023 | 25.7% | -6.3% |
| FY2022 | 27.5% | -9.4% |
| FY2017 | 30.3% | +12.8% |
| FY2016 | 26.9% | +11.2% |
| FY2015 | 24.2% | +5.9% |
| FY2014 | 22.8% | +12.5% |
| FY2013 | 20.3% | -14.6% |
| FY2012 | 23.8% | -9.3% |
| FY2011 | 26.2% | - |
As of FY2024 · SEC 10-K · Updated Jun 28, 2026