secwatch.observer — SEC 8-K summary
======================================

Issuer:     TUCOWS INC /PA/ (TCX)
CIK:        0000909494
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001437749-26-003960
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tucows beats FY 2025 Adj. EBITDA guidance by $3.6M; Q4 revenue up 6% YoY
------------------------------------------------------------------------

- FY 2025 revenue $390.3M (+8% YoY); gross profit $94.0M (+13% YoY).
- FY 2025 Adjusted EBITDA $50.6M, up 45% YoY and $3.6M above guidance.
- Q4 2025 revenue $98.7M (+6% YoY); net loss improved to $22.0M from $42.5M.
- Q4 Adjusted EBITDA $11.1M (-14% YoY); adjusted EPS ($1.73) vs ($1.43) prior year.
- Cash $64.2M at Dec 31, 2025; Ting strategic process ongoing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/909494/000143774926003960/0001437749-26-003960-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/909494/000143774926003960/tcx20260114_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-003960

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer