Cogent Communications Holdings, Inc. (CCOI)

Nasdaq Communication Services Alternative Carriers S&P SmallCap 600

$3.98

-0.71 (-15.14%)

Close of Nov 06, 2026 · end-of-day data

Source: Cogent Communications Holdings, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$446.90M	$485.18M	$520.19M	$546.16M	$568.10M	$589.80M	$599.60M	$940.92M	$1.04B	$975.77M
Cost of revenue	$194.07M	$209.28M	$219.53M	$219.80M	$219.16M	$226.34M	$228.15M	$544.23M	$641.84M	$534.96M
Gross profit	$252.83M	$275.90M	$300.67M	$326.36M	$348.95M	$363.46M	$371.45M	$396.69M	$394.27M	$440.80M
Selling, general & admin	$120.71M	$127.92M	$133.86M	$146.91M	$158.48M	$162.38M	$163.02M	$275.32M	$275.78M	$274.44M
Operating income	$64.04M	$75.92M	$86.56M	$100.26M	$106.92M	$119.23M	$113.96M	-$129.33M	-$197.61M	-$101.07M
Interest expense	$40.80M	$48.47M	$51.06M	$57.45M	$62.49M	$58.06M	$110.70M	$93.34M	$123.32M	—
Pre-tax income	$24.26M	$31.12M	$41.38M	$52.67M	$10.31M	$71.42M	$26.38M	$1.22B	-$259.65M	-$244.97M
Income tax	$9.33M	$25.24M	$12.71M	$15.15M	$4.10M	$23.23M	$21.23M	-$53.96M	-$55.58M	-$62.79M
Net income	$14.93M	$5.88M	$28.67M	$37.52M	$6.22M	$48.19M	$5.15M	$1.27B	-$204.07M	-$182.17M
EBITDA	$139.28M	$151.84M	$167.79M	$180.50M	$190.40M	$208.47M	$206.18M	$102.88M	$100.41M	$169.11M
EPS (basic)	$0.33	$0.13	$0.63	$0.82	$0.14	$1.04	$0.11	$26.88	$-4.28	$-3.80
EPS (diluted)	$0.33	$0.13	$0.63	$0.81	$0.13	$1.03	$0.11	$26.62	$-4.28	$-3.80
Diluted shares	44.87M	45.18M	45.78M	46.08M	46.67M	46.96M	47.21M	47.84M	47.63M	47.93M
Gross margin	56.6%	56.9%	57.8%	59.8%	61.4%	61.6%	61.9%	42.2%	38.1%	45.2%
Operating margin	14.3%	15.6%	16.6%	18.4%	18.8%	20.2%	19.0%	-13.7%	-19.1%	-10.4%
Net margin	3.3%	1.2%	5.5%	6.9%	1.1%	8.2%	0.9%	135.3%	-19.7%	-18.7%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$274.32M	$247.01M	$276.09M	$399.42M	$371.30M	$319.61M	$223.78M	$75.09M	$198.49M	$148.51M
Receivables	$33.60M	$39.10M	$41.71M	$40.48M	$44.19M	$41.94M	$44.12M	$135.47M	$96.93M	$88.05M
Total current assets	$327.62M	$306.12M	$350.34M	$475.73M	$456.34M	$409.58M	$365.91M	$513.63M	$482.10M	$450.58M
Total assets	$737.89M	$710.59M	$739.85M	$932.12M	$1.00B	$984.56M	$1.01B	$3.21B	$3.17B	$3.10B
Total current liabilities	$67.91M	$74.53M	$75.31M	$89.69M	$94.44M	$81.01M	$120.28M	$373.32M	$253.34M	$220.84M
Long-term debt	$569.75M	$574.97M	$645.46M	$798.12M	$881.98M	$897.80M	$950.00M	$950.00M	$1.46B	$1.73B
Total debt	$569.75M	$574.97M	$645.46M	$798.12M	$881.98M	$897.80M	$950.00M	$950.00M	$1.46B	$1.73B
Total liabilities	$791.15M	$813.13M	$888.85M	$1.14B	$1.29B	$1.36B	$1.53B	$2.60B	$2.95B	$3.16B
Shareholders' equity	-$53.25M	-$102.54M	-$149.00M	-$203.68M	-$293.17M	-$373.10M	-$518.63M	$609.56M	$222.85M	-$63.85M

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$107.97M	$111.70M	$133.92M	$148.81M	$140.32M	$170.26M	$173.71M	$17.34M	-$8.64M	-$10.58M
Capital expenditures	$45.23M	$45.80M	$49.94M	$46.96M	$55.95M	$69.92M	$78.97M	$129.63M	$195.00M	$187.57M
Free cash flow	$62.73M	$65.90M	$83.98M	$101.85M	$84.37M	$100.34M	$94.74M	-$112.29M	-$203.64M	-$198.15M
Investing cash flow	-$45.23M	-$45.80M	-$49.94M	-$46.96M	-$55.95M	-$69.92M	-$78.97M	$76.73M	$21.49M	-$87.57M
Financing cash flow	$8.34M	-$97.27M	-$52.55M	$22.02M	-$116.00M	-$140.82M	-$144.85M	-$257.85M	$105.92M	$62.90M
Dividends paid	$68.21M	$81.66M	$97.89M	$112.65M	$129.41M	$150.29M	$169.86M	$181.72M	$189.41M	$150.06M
Share buybacks	$4.49M	$1.83M	$6.56M	—	$4.50M	—	—	—	$7.97M	$16.69M
Stock-based compensation	$10.73M	$13.29M	$17.71M	$18.46M	$23.52M	$26.82M	$24.44M	$26.92M	$25.74M	$26.42M
Depreciation & amortization	$75.23M	$75.93M	$81.23M	$80.25M	$83.48M	$89.24M	$92.22M	$232.21M	$298.02M	$270.18M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$272.10M	$266.17M	$260.44M	$257.20M	$252.29M	$247.05M	$246.25M	$241.95M	$240.52M	$239.19M	$235.56M	$231.20M
Cost of revenue	$174.50M	$168.93M	$156.17M	$161.55M	$155.18M	$137.44M	$137.49M	$131.68M	$128.35M	$129.23M	$125.01M	$121.37M
Gross profit	$97.60M	$97.23M	$104.28M	$95.65M	$97.11M	$109.61M	$108.75M	$110.27M	$112.17M	$109.96M	$110.55M	$109.83M
Selling, general & admin	$81.27M	$76.70M	$68.34M	$67.66M	$63.08M	$73.86M	$64.92M	$70.42M	$65.23M	$72.34M	$72.10M	$68.81M
Operating income	-$68.48M	-$59.39M	-$47.14M	-$57.83M	-$33.23M	-$40.29M	-$31.46M	-$18.13M	-$11.19M	-$13.51M	$118.94M	-$6.93M
Interest expense	$21.49M	$23.01M	—	—	—	—	—	—	—	—	—	—
Pre-tax income	$179.79M	-$84.43M	-$40.19M	-$80.01M	-$55.01M	-$70.26M	-$74.53M	-$52.59M	-$47.58M	-$50.98M	$83.12M	-$33.88M
Income tax	-$20.36M	-$19.13M	-$7.85M	-$16.90M	-$11.69M	-$18.22M	-$16.72M	-$11.05M	-$16.80M	-$11.44M	$16.49M	-$4.11M
Net income	$200.15M	-$65.31M	-$32.34M	-$63.11M	-$43.32M	-$52.04M	-$57.81M	-$41.54M	-$30.78M	-$39.54M	$66.64M	-$29.77M
EBITDA	-$672.00K	$11.50M	$26.89M	$27.99M	$34.04M	$35.75M	$43.83M	$42.30M	$47.23M	$40.55M	$171.90M	$46.22M
EPS (basic)	$4.16	$-1.38	$-0.68	$-1.33	$-0.89	$-1.09	$-1.21	$-0.87	$-0.63	$-0.83	$1.39	$-0.62
EPS (diluted)	$4.08	$-1.38	$-0.68	$-1.33	$-0.89	$-1.09	$-1.21	$-0.87	$-0.63	$-0.83	$1.38	$-0.62
Diluted shares	212.80K	47.42M	47.51M	47.43M	173.97K	47.68M	47.59M	47.60M	101.48K	47.77M	48.43M	48.00M
Gross margin	35.9%	36.5%	40.0%	37.2%	38.5%	44.4%	44.2%	45.6%	46.6%	46.0%	46.9%	47.5%
Operating margin	-25.2%	-22.3%	-18.1%	-22.5%	-13.2%	-16.3%	-12.8%	-7.5%	-4.7%	-5.6%	50.5%	-3.0%
Net margin	73.6%	-24.5%	-12.4%	-24.5%	-17.2%	-21.1%	-23.5%	-17.2%	-12.8%	-16.5%	28.3%	-12.9%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$75.09M	$118.43M	$384.42M	$279.19M	$198.49M	$153.81M	$213.65M	$147.09M	$148.51M	$140.26M	$183.70M	$166.85M
Receivables	$135.47M	$107.17M	$111.68M	$99.56M	$96.93M	$87.95M	$95.13M	$95.85M	$88.05M	$91.10M	$85.82M	$91.39M
Total current assets	$513.63M	$473.16M	$689.48M	$569.40M	$482.10M	$422.68M	$560.97M	$479.77M	$450.58M	$430.28M	$606.15M	$435.99M
Total assets	$3.21B	$3.15B	$3.34B	$3.20B	$3.17B	$3.12B	$3.27B	$3.15B	$3.10B	$3.06B	$3.10B	$2.89B
Total current liabilities	$373.32M	$420.61M	$312.96M	$280.63M	$253.34M	$283.42M	$243.29M	$237.55M	$220.84M	$226.07M	$959.57M	$908.30M
Long-term debt	$950.00M	—	—	—	$1.46B	—	—	—	$1.73B	—	—	—
Total debt	$950.00M	—	—	—	$1.46B	—	—	—	$1.73B	—	—	—
Total liabilities	$2.60B	$2.64B	$2.93B	$2.88B	$2.95B	$2.98B	$3.22B	$3.19B	$3.16B	$3.16B	$3.14B	$2.95B
Shareholders' equity	$609.56M	$500.64M	$415.52M	$323.55M	$222.85M	$142.84M	$46.67M	-$39.17M	-$63.85M	-$104.16M	-$34.13M	-$57.02M

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	-$48.70M	$19.22M	-$22.17M	-$20.23M	$14.53M	$36.35M	-$44.04M	$3.10M	-$5.99M	$14.83M	$3.19M	$3.78M
Capital expenditures	$43.61M	$40.88M	$48.77M	$59.24M	$46.10M	$58.09M	$56.20M	$36.25M	$37.03M	$46.24M	$38.53M	$36.30M
Free cash flow	-$92.31M	-$21.66M	-$70.94M	-$79.47M	-$31.57M	-$21.74M	-$100.24M	-$33.15M	-$43.02M	-$31.41M	-$35.34M	-$32.52M
Investing cash flow	$60.12M	$50.95M	$25.89M	-$34.24M	-$21.10M	-$33.09M	-$31.20M	-$11.25M	-$12.03M	-$21.24M	$218.96M	-$19.64M
Financing cash flow	-$64.73M	-$23.55M	$255.59M	-$50.98M	-$75.14M	-$57.02M	$193.75M	-$63.00M	-$10.83M	-$14.65M	-$30.69M	-$164.69M
Dividends paid	$46.36M	$478.00K	$93.30M	$47.21M	$48.42M	$49.13M	$49.56M	$49.07M	$2.30M	$1.30M	$2.28M	$1.30M
Share buybacks	—	—	—	$0	$0	—	$11.50M	$5.20M	$0	$105.80M	—	—
Stock-based compensation	$6.68M	$6.95M	$3.57M	$7.87M	$7.35M	$8.01M	$4.66M	$8.93M	$4.81M	$7.56M	$7.64M	$7.88M
Depreciation & amortization	$67.81M	$70.89M	$74.04M	$85.81M	$67.27M	$76.04M	$75.29M	$60.43M	$58.42M	$54.05M	$52.95M	$53.15M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.