Cogent Communications Holdings financials
$7.34−1.21%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $975.8M | $1.04B | $940.9M | $599.6M | $589.8M | $568.1M | $546.2M | $520.2M | $485.2M | $446.9M |
| Gross profit | $440.8M | $394.3M | $396.7M | $371.4M | $363.5M | $348.9M | $326.4M | $300.7M | $275.9M | $252.8M |
| Gross margin | 45.2% | 38.1% | 42.2% | 61.9% | 61.6% | 61.4% | 59.8% | 57.8% | 56.9% | 56.6% |
| Operating income | -$101.1M | -$197.6M | -$129.3M | $116.2M | $119.2M | $106.6M | $99.2M | $85.6M | $72.1M | $56.9M |
| Net income | -$182.2M | -$204.1M | $1.27B | $5.1M | $48.2M | $6.2M | $37.5M | $28.7M | $5.9M | $14.9M |
| Net margin | −18.7% | −19.7% | 135.3% | 0.9% | 8.2% | 1.1% | 6.9% | 5.5% | 1.2% | 3.3% |
| Diluted EPS | $-3.80 | $-4.28 | $26.62 | $0.11 | $1.03 | $0.13 | $0.81 | $0.63 | $0.13 | $0.33 |
| EBITDA | $169.1M | $121.8M | $121.4M | $208.4M | $201.1M | $190.5M | $179.4M | $166.8M | $148.0M | $132.1M |
| Operating cash flow | -$10.6M | -$8.6M | $17.3M | $173.7M | $170.3M | $140.3M | $148.8M | $133.9M | $111.7M | $108.0M |
| Free cash flow | -$198.1M | -$203.6M | -$112.3M | $94.7M | $100.3M | $84.4M | $101.9M | $84.0M | $65.9M | $62.7M |
| Diluted shares | 47.9M | 47.6M | 47.8M | 47.2M | 47.0M | 46.7M | 46.1M | 45.8M | 45.2M | 44.9M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $148.5M | $198.5M | $75.1M | $223.8M | $319.6M | $371.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $2.34B | $1.98B | $1.43B | $1.25B | $1.14B | $1.10B |
| Total assets | $3.10B | $3.17B | $3.21B | $1.01B | $984.6M | $1.00B |
| Total liabilities | $3.16B | $2.95B | $2.60B | $1.53B | $1.36B | $1.29B |
| Shareholders' equity | -$63.8M | $222.8M | $609.6M | -$518.6M | -$373.1M | -$293.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology