Tucows Inc. $TCX reported second-quarter 2026 revenue of $100.6 million, up 2.1% from a year earlier. Gross profit rose faster than sales, increasing 16.6% to $25.8 million, as cost of sales declined slightly year over year.
Despite the improved gross profit, Tucows remained unprofitable. Operating loss widened to $15.7 million, while net loss attributable to common shareholders came in at $20.5 million. Diluted loss per share was $1.84.
Cash generation was also softer in the quarter. Operating cash flow totaled $1.9 million, down sharply from the prior year, while capital spending was $5.1 million. Cash and cash equivalents stood at $44.2 million at quarter-end, and total liabilities increased to $928.5 million.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Tucows Inc. Hedge Fund Activity
We have seen 37 institutional investors add shares of Tucows Inc. stock to their portfolio, and 31 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- EVERSOURCE WEALTH ADVISORS, LLC removed 186,176 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $2,507,790
- JANE STREET GROUP, LLC removed 36,649 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $628,896
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 28,674 shares (-46.9%) from their portfolio in Q1 2026, for an estimated $492,045
- CITADEL ADVISORS LLC removed 15,078 shares (-39.5%) from their portfolio in Q1 2026, for an estimated $258,738
- GEODE CAPITAL MANAGEMENT, LLC added 13,544 shares (+7.3%) to their portfolio in Q1 2026, for an estimated $232,415
- AQR CAPITAL MANAGEMENT LLC added 13,460 shares (+inf%) to their portfolio in Q1 2026, for an estimated $230,973
- TWO SIGMA INVESTMENTS, LP removed 12,714 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $218,172
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.