Cogent Communications Holdings, Inc.

Cogent Communications Holdings, Inc.

CCOI
Cogent Communications Holdings, Inc.US flagNASDAQ Global Select
17.40
USD
-0.29
- -
871.35MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.52
8.27
9.01
10.01
10.82
11.49
11.99
12.36
12.71
12.79
19.86
21.75
20.36
20.3
Basic EPS, GAAP
1.22
0.02
0.11
0.33
0.13
0.63
0.82
0.14
1.04
0.11
26.88
-4.28
-3.8
-3.56
Free Cash Flow per Basic Share
0.71
0.28
1.07
1.41
1.47
1.85
2.24
1.84
2.16
2.02
-2.37
-4.28
-4.13
-4.36
Dividend per Share
0.76
1.18
1.48
1.53
1.82
2.16
2.47
2.82
3.24
3.62
3.84
3.98
3.13
2.14
Book Value per Share
-6.85
-8.06
-9.62
-10.73
-12.37
-13.46
-15.03
-17.58
-19.6
-22.92
0.36
-7.9
-14.78
-15.72
Tangible Book Value per Share
4.18
1.82
-0.27
-1.19
-2.29
-3.29
-4.47
-6.38
-8.04
-11.06
2.89
-5.21
-11.12
-12.02
Basic Weighted Avg Shares
46
46
45
45
45
45
46
46
46
47
47
48
48
48
Sales/Revenue/Turnover
348
380
404
447
485
520
546
568
590
600
941
1,036
976
968
Operating Margin (%)
13.26
11.3
11.4
12.73
14.85
16.45
18.16
18.83
18.96
19.38
-11.78
-17.33
-10.64
-8.26
Depreciation Expense
64
69
71
75
76
81
80
83
89
92
232
298
270
248
Net Income, GAAP
57
1
5
15
6
29
38
6
48
5
1,273
-204
-182
-170
Effective Tax Rate (%)
- -
82.25
61.49
38.46
81.12
30.73
28.77
39.72
32.53
80.49
- -
- -
- -
- -
Profit Margin (%)
16.29
0.21
1.21
3.34
1.21
5.51
6.87
1.09
8.17
0.86
135.34
-19.7
-18.67
-17.53
Working Capital
211
276
182
260
232
275
386
362
329
246
140
229
230
204
LT Debt
398
589
575
695
711
788
1,031
1,184
1,232
1,326
1,696
2,259
2,581
2,584
Total Equity
193
84
-12
-53
-103
-149
-204
-293
-373
-519
610
223
-64
-104
Return on Invested Capital (%)
- -
1.11
2.82
5.73
2.15
9.37
9.43
7.28
8.32
2.62
- -
- -
- -
- -
Return on Capital (%)
- -
4.68
10.85
21.49
7.78
36.66
28.51
11.43
23.14
8.46
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
80
81
78
LT Borrowings
1,712
1,714
1,715
LT Finance Leases
856
867
869
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
49
50
50
Market Capitalization
1,826
1,027
898

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
480
451
430
Cash, Cash Equivalents & STI
147
149
140
Accounts Receivable, Net
96
88
91
Inventories
- -
- -
- -
Total Current Liabilities
238
221
226
Payables & Accruals
157
130
148
ST Debt
80
81
78
Deferred Revenue
- -
6
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.91%
-68.67%
-128.65%
Free Cash Flow
-5.99%
-25.31%
-2.7%
Net Income, GAAP
2,558.49%
5,021.07%
-10.73%
Sales/Revenue/Turnover
10.2%
13.34%
-5.82%
Total Cash Common Dividend
9.2%
3.92%
-20.77%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
266
260
257
252
1,036
2025
247
246
242
241
976
2026
239
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.38
-0.68
-1.33
-0.91
-4.28
2025
-1.09
-1.21
-0.87
-0.64
-3.8
2026
-0.83
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
1.96
1
1.02
3.98
2025
1.03
1.04
1.03
0.05
3.13
2026
0.03
- -
- -
- -
- -

Company Description

APIChat
CEO
David Schaeffer
Full Time Employees
1,899
Sector
Communication Services
Industry
Telecommunications Services
Address
2450 North Street NW Washington DC United States of America 20037
IPO Date
Feb 5, 2002
Business
Cogent Communications Holdings, Inc. (Nasdaq: CCOI) operates as a facilities-based multinational internet service provider, delivering high-speed Internet access; dedicated Internet access; IP transit; global peer connect; Ethernet services for private networks; optical wavelength and transport services; and data center colocation space and power across its fiber-optic, IP data-only network optimized for packet-routed data. The company offers on-net services at speeds from 100 Mbps to 400 Gbps to small- and medium-sized businesses, Fortune 100 corporations, carriers, service providers, and content providers in two primary segments: corporate and netcentric customers; it connects over 1,000 carrier-neutral data centers with services in 56 countries across North America, Europe, South America, Oceania, and Africa. Founded in 1999 and headquartered at 2450 N Street N.W., Washington, D.C., Cogent maintains one of the world's largest Tier 1 networks, emphasizing scalable bandwidth, low latency, and cost-effective connectivity without traditional voice or circuit-switched offerings. Cogent's latest major developments include entering a letter of intent in October 2025 to sell two data centers—acquired and repurposed from its 2022 Sprint wireline business purchase from T-Mobile—for $144 million in cash, aiming to streamline non-core assets post-integration; significant growth in wavelength customer connections, up 19.1% sequentially in Q3 2025 and 68.1% year-over-year, driving wavelength revenue to $10.2 million, a 12.4% sequential increase and 92.5% year-over-year rise; and expanded IPv4 address leasing revenue to $17.5 million in Q3 2025, reflecting 14.1% sequential and 55.5% annual growth amid ongoing demand. These changes build on the transformative Sprint acquisition, which enhanced its long-haul and optical infrastructure, alongside recent financial metrics showing Q3 2025 service revenue of $241.9 million, on-net revenue of $135.3 million (up 2.2% sequentially), and adjusted EBITDA of $73.8 million with a 30.5% margin; the company also approved a Q4 2025 quarterly dividend of $0.02 per share.

Company News

APIChat
  • Here Are Friday’s Top Wall Street Analyst Research Calls: Best Buy, Cogent Communications, Dell Technologies, EPAM Systems, Federal Realty, Gap, Snowflake, Viper Energy, and More

  • Cogent Communications Holdings Inc (CCOI) Stock Down 8.3% -- Now Undervalued? GF Score: 69/100

  • Cogent Communications Sees Data Center Sale Easing Debt Fears, Reviving Capital Returns

  • Cogent Communications Announces Definitive Agreement to Sell 10 Data Center Facilities

  • I Squared Capital Launches U.S. AI Inference and Edge Colocation Data Center Platform With $1BN Commitment

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cogent Communications Holdings, Inc. - CCOI

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cogent Communications Holdings, Inc. - CCOI

  • Cogent Communications Highlights Data Center Sales, AI Demand in Deleveraging Push

  • Cogent Communications Holdings ($CCOI) Investors Should Contact Block & Leviton to Possibly Recover Losses

  • Cogent Communications Holdings, Inc. (CCOI) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cogent Communications Holdings, Inc. - CCOI

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cogent Communications Holdings, Inc. - CCOI

  • Why Cogent (CCOI) International Revenue Trends Deserve Your Attention

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cogent Communications Holdings, Inc. - CCOI

  • Cogent Communications ($CCOI) Investigated For Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm

  • INVESTOR ALERT: Investigation of Cogent Communications Holdings, Inc. (CCOI) announced by Holzer & Holzer, LLC

  • INVESTOR ALERT: Investigation of Cogent Communications Holdings, Inc. (CCOI) announced by Holzer & Holzer, LLC

  • Cogent Communications CEO to Present at Two Upcoming Conferences

  • CCOI: Securities Fraud Investigation by Block & Leviton Could Allow Cogent Communications Investors to Recover Losses

  • These Analysts Cut Their Forecasts On Cogent Communications After Q1 Earnings