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Companies / Communication Services / Cogent Communications Holdings, Inc.
CCOI

Cogent Communications Holdings, Inc.

Ticker CCOIWASHINGTON, DCFiscal year ends DecemberBook value per share $-1.19Diluted shares 48.0M

Cogent Communications Holdings, Inc. (Nasdaq: CCOI) provides high-speed Internet access, private network services, optical wavelength and transport services, and data center colocation space and power to businesses, communications service providers, and other bandwidth-intensive organizations. Its customers include… From the company’s description.

Over the twelve months to Sep 30, 2026, Cogent Communications Holdings, Inc. reported revenue of $946.47M, down 4.2% from a year earlier, and a net loss of $33.45M. Its operating margin was 9.2%, and operations generated $15.82M in cash. In fiscal 2025, it reported revenue of $975.77M, down 5.8% from fiscal 2024, and a net loss of $182.17M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$975.77MFY2025
−5.8% year over year
Last 12 mo $946.47M
-10.36%FY2025
+8.7 percentage points
Last 12 mo 9.22%
$-182.17MFY2025
+10.7% year over year
Last 12 mo $-33.45M
285.32%FY2025
+376.9 percentage points
Last 12 mo 58.67%
Cash & financing
$-10.58MFY2025
−22.4% year over year
Last 12 mo $15.82M
$-198.15MFY2025
+2.7% year over year
Last 12 mo $-142.29M
-36.61FY2025
Was 8.87× a year earlier
Last 12 mo -37.75
47.9MFY2025
+0.6% year over year
Last 12 mo 48.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Cogent Communications Holdings, Inc. does

In the company’s own words

Cogent Communications Holdings, Inc. (Nasdaq: CCOI) provides high-speed Internet access, private network services, optical wavelength and transport services, and data center colocation space and power to businesses, communications service providers, and other bandwidth-intensive organizations. Its customers include small and midsize companies, larger enterprise customers, Internet service providers, mobile and cable operators, content providers, and cloud and hosting businesses. Cogent delivers Internet and private network services through its IP network, both directly connected and through third-party last-mile carriers, while its Optical Wave Network provides dedicated optical connectivity. Customers can also lease rack space and power in Cogent data centers and IPv4 addresses. The company serves customers in 57 countries and operates across North America, Europe, South America, Asia, Oceania, and Africa. At December 31, 2025, its IP network connected 3,579 buildings in 305 metropolitan markets. Its 2023 acquisition of the Sprint long-haul fiber business added an owned fiber network and larger enterprise customers, and enabled the expansion of optical transport services and data center operations.

Company details
Sector
Communication Services
Industry (SIC)
Communications
Headquarters
WASHINGTON, DC
Fiscal year end
December
CIK
1158324
SIC
4899

Financial performance, year by year

Fiscal 2011–2025 · USD
$-351.83M$91.43M$534.68M$977.94M$1.42B201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Cogent Communications Holdings, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

175
funds hold it
0 of 35
superinvestors hold it
$240.97M
held by funds, at market
30.4%
of shares held by funds

Largest fund holders · Cogent Communications Holdings, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.04%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.01%of fund net assets
1.78%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Cogent Communications Holdings, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Cogent Communications Holdings, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Cogent Communications Holdings, Inc.'s last four quarterly filings that the numbers alone won't show?”
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