CCOI · Cogent Communications Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | $534.96M | $641.84M | $544.23M | $228.15M | $226.34M | $219.16M |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $274.44M | $275.78M | $275.32M | $163.02M | $162.38M | $158.48M |
| Total Operating Expenses | $1.08B | $1.24B | $1.07B | $485.64M | $477.96M | $461.11M |
| D&A | $298.02M | - | - | $92.22M | $89.24M | $83.48M |
| Operating Income | ($101.07M) | ($197.61M) | ($129.33M) | $113.96M | $119.23M | $106.92M |
| Interest Expense | - | $123.32M | $106.78M | $67.58M | $67.07M | $62.49M |
| Income Tax | ($62.79M) | ($55.58M) | ($53.96M) | $21.23M | $23.23M | $4.10M |
| Net Income | ($204.07M) | ($204.07M) | $1.27B | $5.15M | $48.19M | $6.22M |
| EPS - Basic | ($3.80) | ($4.28) | $26.88 | $0.11 | $1.04 | $0.14 |
| EPS - Diluted | ($3.80) | ($4.28) | $26.62 | $0.11 | $1.03 | $0.13 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $148.51M | $198.49M | $75.09M | $223.78M | $319.61M | $371.30M |
| Accounts Receivable | $88.05M | $96.93M | $135.47M | $44.12M | $41.94M | $44.19M |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $30.57M | $39.80M | $48.36M | $27.21M | $11.92M | $9.78M |
| Current Assets | $450.58M | $482.10M | $513.63M | $365.91M | $409.58M | $456.34M |
| Total Assets | $3.10B | $3.17B | $3.21B | $1.01B | $984.56M | $1.00B |
| Current Liabilities | $220.84M | $253.34M | $373.32M | $120.28M | $81.01M | $94.44M |
| Long-term Debt | $1.73B | $1.46B | $950.00M | $950.00M | $897.80M | $881.98M |
| Total Liabilities | $3.16B | $2.95B | $2.60B | $1.53B | $1.36B | $1.29B |
| Stockholders' Equity | ($63.85M) | $222.85M | $609.56M | ($518.63M) | ($373.10M) | ($293.17M) |
| Retained Earnings | ($708.58M) | ($376.35M) | $17.14M | ($1.07B) | ($909.88M) | ($807.77M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($10.58M) | ($8.64M) | $17.34M | $173.71M | $170.26M | $140.32M |
| Investing Cash Flow | ($87.57M) | $21.49M | $76.73M | ($78.97M) | ($69.92M) | ($55.95M) |
| Financing Cash Flow | $62.90M | $105.92M | ($257.85M) | ($144.85M) | ($140.82M) | ($116.00M) |
| CapEx | $187.57M | $195.00M | $129.63M | $78.97M | $69.92M | $55.95M |
| Free Cash Flow | ($198.15M) | ($203.64M) | ($112.29M) | $94.74M | $100.34M | $84.37M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | 0.97 | 1.00 | -0.09 | 18.41 | 2.08 | 13.57 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | - | - | -4.4% | 80.5% | 32.5% | 39.7% |
| Return on assets | -6.6% | -6.4% | 39.7% | 0.5% | 4.9% | 0.6% |
| Return on equity | 319.6% | -91.6% | 208.9% | -1.0% | -12.9% | -2.1% |
| Return on invested capital | -4.8% | -9.3% | -8.3% | 13.2% | 15.3% | 10.9% |
| Liquidity | ||||||
| Current ratio | 2.04 | 1.90 | 1.38 | 3.04 | 5.06 | 4.83 |
| Quick ratio | 2.04 | 1.90 | 1.38 | 3.04 | 5.06 | 4.83 |
| Cash ratio | 0.67 | 0.78 | 0.20 | 1.86 | 3.95 | 3.93 |
| Leverage | ||||||
| Debt / Equity | -27.10 | 6.53 | 1.56 | -1.83 | -2.41 | -3.01 |
| Debt / Assets | 0.56 | 0.46 | 0.30 | 0.94 | 0.91 | 0.88 |
| Debt / EBITDA | 8.79 | - | - | 4.61 | 4.31 | 4.63 |
| Interest coverage | - | -1.6x | -1.2x | 1.7x | 1.8x | 1.7x |
| Equity multiplier | -48.55 | 14.24 | 5.27 | -1.95 | -2.64 | -3.41 |
| Liabilities / Assets | 1.02 | 0.93 | 0.81 | 1.51 | 1.38 | 1.29 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | 21d | 23d | 32d | 44d | 19d | 16d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | 2.9x | 518.9x | 71.0x | 460.5x |
| P / B | - | 16.5x | 6.0x | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | 13.3x | - | - | 16.6x | 19.3x | 17.4x |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 48.9% | -52.8% | - | -4.4% | 11.5% | 6.6% |
| Net income growth (YoY) | 0.0% | - | 24646.2% | -89.3% | 675.2% | -83.4% |
| EPS growth (YoY) | 11.2% | - | 24100.0% | -89.3% | 692.3% | -84.0% |
| EPS CAGR (3y) | - | - | 489.4% | -48.6% | 17.8% | 0.0% |
| EPS CAGR (5y) | - | - | 111.4% | -3.3% | 25.6% | 3.4% |
| FCF growth (YoY) | 2.7% | -81.4% | - | -5.6% | 18.9% | -17.2% |
| FCF CAGR (5y) | - | - | - | 8.8% | 9.8% | 11.8% |
| Book value growth (YoY) | - | -63.4% | - | -39.0% | -27.3% | -43.9% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Communications Services, NEC
Comparing COGENT COMMUNICATIONS HOLDINGS against the 5 most active filers in the same SIC group.
Dividends
$1.07/share trailing 12 months · -73.1% YoY
| Ex-date | Per share |
|---|---|
| May 18, 2026 | $0.0200 |
| Mar 6, 2026 | $0.0200 |
| Nov 21, 2025 | $0.0200 |
| Aug 21, 2025 | $1.0150 |
| May 22, 2025 | $1.0100 |
| Mar 13, 2025 | $1.0050 |
| Nov 22, 2024 | $0.9950 |
| Aug 22, 2024 | $0.9850 |
| May 22, 2024 | $0.9750 |
| Mar 14, 2024 | $0.9650 |
| Nov 22, 2023 | $0.9550 |
| Aug 23, 2023 | $0.9450 |
| May 17, 2023 | $0.9350 |
| Mar 9, 2023 | $0.9250 |
| Nov 17, 2022 | $0.9150 |
| Aug 17, 2022 | $0.9050 |
| May 12, 2022 | $0.8800 |
| Mar 8, 2022 | $0.8550 |
| Nov 18, 2021 | $0.8300 |
| Aug 19, 2021 | $0.8050 |
| May 13, 2021 | $0.7800 |
| Mar 11, 2021 | $0.7550 |
| Nov 19, 2020 | $0.7300 |
| Aug 20, 2020 | $0.7050 |