Tucows narrows net loss as EBITDA rises 39.8 percent

Tucows reported third-quarter 2026 revenue of about $100 million, up 1.4% year over year, while its net loss narrowed to $10.3 million from $23.0 million a year earlier. Gross profit rose 20.5% to $29.1 million and adjusted EBITDA increased 39.8% to $18.6 million, driven chiefly by a one-time benefit from renegotiating a mobile contract and growth at Ting. The company said it retired $149.3 million in Ting preferred units and repaid $6 million on its syndicated loan; it also agreed to transfer Ting’s Colorado Springs lease, which is expected to release its parent guaranty in the spring. For the first nine months of 2026, revenue was $297.2 million and net loss was $48.9 million; management said it remained on track with its 2026 guidance.