Tucows Reports Third-Quarter 2026 Results, Revenue Rises 1.4%
Tucows reported third-quarter net revenue of $100.0 million, up 1.4% year over year. Gross profit rose 20.5% to $29.1 million and adjusted EBITDA grew 39.8% to $18.6 million. The company said it remains on track to meet 2026 guidance.
Tucows Inc. reported consolidated net revenue of $100.0 million for the third quarter of 2026, representing a 1.4% year-over-year increase. Gross profit rose 20.5% to $29.1 million, while adjusted EBITDA grew 39.8% to $18.6 million. The company noted progress on its balance sheet, including the retirement of Ting preferred units valued at $149.3 million and a $6 million repayment on its syndicated loan facility.
Additionally, the company reached an agreement to assign Ting's Colorado Springs lease, which is expected to release the parent guaranty in the spring of 2027. Management stated that the company remains on track to meet its 2026 guidance.