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CCOICogent Communications Holdings, Inc.
$12.99$651M
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CCOI logoCogent Communications Holdings, Inc.(CCOI)Earnings, Financials & Key Ratios

CCOI•NASDAQ
$14.28
Price updated Jul 2, 2026
SectorCommunication ServicesIndustryTelecom ServicesSub-IndustryEnterprise Fiber and Wholesale Carriers
AboutCogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, Web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. It also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, the company offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, it operates data centers that allow its customers to collocate their equipment and access the network. The company operates 54 data centers and provides facilities to 3,035 buildings and on-net services to 1,817 to multi-tenant office buildings. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.Show more
  • Revenue$976M-5.8%
  • EBITDA$166M+65.7%
  • Net Income-$182M+10.7%
  • EPS (Diluted)-3.80+11.6%
  • Gross Margin17.49%-54.0%
  • EBITDA Margin17.05%+75.9%
  • Operating Margin-10.64%+44.2%
  • Net Margin-18.67%+5.2%
  • ROE-229.15%-367.3%

CCOI Price & Volume

Cogent Communications Holdings, Inc. (CCOI) stock price & volume — 10-year historical chart

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Sprint Integration Strains Cogent Financial Stability

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Sprint integration execution failure

Key Thesis Takeaways

  • Cogent Communications faces a challenging transition as the integration of the Sprint wireline assets continues to pressure profitability and erode the company's equity base.
  • While management attempts to rationalize network capacity, the persistent revenue contraction of 3.2% year-over-year in 2026Q1 suggests that organic growth remains insufficient to offset legacy asset decay.
  • Investors should remain cautious as the company navigates a precarious liquidity position characterized by negative free cash flow and a mounting debt burden of $2.7 billion.

Verdict Logic

the company's inability to generate positive free cash flow, evidenced by a -$31.4 million outflow in 2026Q1, combined with a negative equity position of -$104.2 million, presents substantial long-term solvency risks.

CCOI Growth Metrics

Cogent Communications Holdings, Inc. (CCOI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years9.21%
5 Years11.43%
3 Years17.62%
TTM-6.71%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM11.08%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM11.47%

Return on Capital

10 Years6.91%
5 Years1.7%
3 Years-5.79%
Last Year-3.58%

CCOI Recent Earnings

Cogent Communications Holdings, Inc. (CCOI) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 1/12 qtrs (8%)
Q2 2026Latest
May 4, 2026
Metric
Actual
Est
EPS
$0.83+19.4%
$1.03
Rev
$239M-0.9%
$241M
Q1 2026
Feb 20, 2026
Metric
Actual
Est
EPS
$0.64+41.3%
$1.09
Rev
$241M-1.2%
$244M
Q4 2025
Nov 6, 2025
Metric
Actual
Est
EPS
$0.87+24.3%
$1.15
Rev
$223M-8.6%
$244M
Q3 2025
Aug 7, 2025
Metric
Actual
Est
EPS
$1.21-30.1%
$0.93
Rev
$246M-0.2%
$247M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 4, 2026
$0.83vs $1.03+19.4%
$239Mvs $241M-0.9%
Q1 2026Feb 20, 2026
$0.64vs $1.09+41.3%
$241Mvs $244M-1.2%
Q4 2025Nov 6, 2025
$0.87vs $1.15+24.3%
$223Mvs $244M-8.6%
Q3 2025Aug 7, 2025
$1.21vs $0.93-30.1%
$246Mvs $247M-0.2%
Based on last 12 quarters of dataView full earnings history →

Latest CCOI News

Recent stock market news and headlines for Cogent Communications Holdings, Inc. (CCOI)

PRNewsWire·6 days ago
Cogent Communications Announces Closing of Sale of 10 Data Center Facilities

WASHINGTON, June 29, 2026 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) today announced that its indirect wholly owned subsidiary, Cogent Fiber, LLC, has closed the previously announced sale of 10 data center facilities for an aggregate purchase price of $225 million in cash to a newly formed entity sponsored by I Squared Capital. The 10 facilities are located in Phoenix, AZ, Anaheim, CA, Burbank, CA, Stockton, CA, Atlanta, GA, Chicago, IL, Elkridge, MD, Kansas City, MO, Nashville, TN and Houston, TX.

Peers Comparison

Key metrics vs top competitors for Cogent Communications Holdings, Inc. (CCOI)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CCOI logoCCOICogent Communications Holdings, Inc.Current
$14.28$715.11M-3.76-5.82%-18.67%-229.15%21.93%
LUMN logoLUMNLumen Technologies, Inc.
$7.15$7.36B-4.09-5.39%-14.34%-79.42%—
IIPR logoIIPRInnovative Industrial Properties, Inc.
$62.72$1.79B15.96-13.8%45.58%6.41%—
VZ logoVZVerizon Communications Inc.
$41.99$175.33B10.342.52%12.46%16.47%—
T logoTAT&T Inc.
$20.49$143.09B6.742.71%16.92%16.85%—
TMUS logoTMUST-Mobile US, Inc.
$173.10$187.33B17.818.49%11.65%17.82%—

Compare CCOI vs Peers

Cogent Communications Holdings, Inc. (CCOI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs LUMN

Most directly comparable listed peer for CCOI.

Scale Benchmark

vs GOOGL

Larger-name benchmark to compare CCOI against a more recognizable public peer.

Peer Set

Compare Top 5

vs LUMN, IIPR, VZ, T

CCOI SEC Filings & Documents

Cogent Communications Holdings, Inc. (CCOI) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 4, 2026·SEC

Material company update

May 4, 2026·SEC

Material company update

Feb 20, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 20, 2026·SEC

FY 2025

Feb 28, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

May 4, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 7, 2025·SEC

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CCOI Frequently Asked Questions

Cogent Communications Holdings, Inc. (CCOI) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Cogent Communications Holdings, Inc.'s revenue?

Cogent Communications Holdings, Inc. (CCOI) reported $948.7M in revenue for fiscal year 2025.

How fast is Cogent Communications Holdings, Inc. growing?

Cogent Communications Holdings, Inc. (CCOI) saw revenue decline by 5.8% over the past year.

Is CCOI profitable?

Cogent Communications Holdings, Inc. (CCOI) reported a net loss of $169.7M for fiscal year 2025.

Dividend & Returns
Does CCOI pay dividends?

Yes, Cogent Communications Holdings, Inc. (CCOI) pays a dividend with a yield of 21.93%. This makes it attractive for income-focused investors.

What is CCOI's return on equity?

Cogent Communications Holdings, Inc. (CCOI) has a return on equity (ROE) of -229.1%. Negative ROE indicates the company is unprofitable.

What is Cogent Communications Holdings, Inc.'s free cash flow?

Cogent Communications Holdings, Inc. (CCOI) had negative free cash flow of $207.8M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in CCOI back in 2000?

Total return calculator · dividends reinvested · 26+ years of data

See returns →