CCOI · XBRL financial data
Cogent Communications Holdings financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (CCOI's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cost of goods and services sold | 219 | 226 | 228 | 544 | 642 | 535 |
| Selling, general and administrative | 158 | 162 | 163 | 275 | 276 | 274 |
| Operating income (loss) | 107 | 119 | 114 | (129) | (198) | (101) |
| Interest expense | 62 | 67 | 68 | 107 | 123 | — |
| Income tax expense (benefit) | 4 | 23 | 21 | (54) | (56) | (63) |
| Net income (loss) | — | — | — | 1,273 | (204) | (182) |
| Earnings per share, basic USD per share | 0.14 | 1.04 | 0.11 | 26.88 | (4.28) | (3.80) |
| Earnings per share, diluted USD per share | 0.13 | 1.03 | 0.11 | 26.62 | (4.28) | (3.80) |
| Weighted average shares, basic millions of shares | 46 | 46 | 47 | 47 | 48 | 48 |
| Weighted average shares, diluted millions of shares | 47 | 47 | 47 | 48 | 48 | 48 |
Balance sheet
CSVFiscal years (CCOI's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 371 | 320 | 224 | 75 | 198 | 149 |
| Accounts receivable | 44 | 42 | 44 | 135 | 97 | 88 |
| Prepaid and other current assets | 41 | 39 | 46 | 81 | 74 | 68 |
| Total current assets | 456 | 410 | 366 | 514 | 482 | 451 |
| Property and equipment, net | 430 | 458 | 544 | 1,538 | 1,664 | 1,721 |
| Total assets | 1,000 | 985 | 1,010 | 3,212 | 3,173 | 3,100 |
| Accounts payable | 10 | 12 | 27 | 48 | 40 | 31 |
| Accrued liabilities | 51 | 39 | 64 | 121 | 135 | 110 |
| Total current liabilities | 94 | 81 | 120 | 373 | 253 | 221 |
| Lease liability, non-current | 111 | 112 | 95 | 330 | 302 | 270 |
| Total liabilities | 1,294 | 1,358 | 1,529 | 2,602 | 2,950 | 3,164 |
| Retained earnings (accumulated deficit) | (808) | (910) | (1,075) | 17 | (376) | (709) |
| Total stockholders' equity | (293) | (373) | (519) | 610 | 223 | (64) |
| Total liabilities and equity | 1,000 | 985 | 1,010 | 3,212 | 3,173 | 3,100 |
| Common shares outstanding (cover page) millions of shares | 47 | 48 | 48 | 47 | 49 | 50 |
Cash flows
CSVFiscal years (CCOI's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | — | — | — | 1,273 | (204) | (182) |
| Depreciation and amortization | 83 | 89 | 92 | 232 | 298 | 270 |
| Net cash from operating activities | 140 | 170 | 174 | 17 | (9) | (11) |
| Purchases of property and equipment | 56 | 70 | 79 | 130 | 195 | 188 |
| Net cash from investing activities | (56) | (70) | (79) | 77 | 21 | (88) |
| Share repurchases | 4 | — | — | — | 8 | 17 |
| Dividends paid | 129 | 150 | 170 | 182 | 189 | 150 |
| Repayments of long-term debt | 11 | 7 | 1 | — | — | — |
| Net cash from financing activities | (116) | (141) | (145) | (258) | 106 | 63 |
| Net change in cash | (28) | (43) | (53) | (162) | 114 | (23) |
Compare with peers
SIC 4899 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 4899 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Cogent Communications Holdings | 184 | not reported | 3.2* | 51.2M | 10-QJun 30, 2026 |
| Calix | 56 | 302 | 6.3* | 61.8M | 10-QSep 26, 2026 |
| Iridium Communications | 98 | 246 | 96* | 106.2M | 10-QSep 30, 2026 |
| EchoStar | 13,437 | 1,128 | 113* | not reported | 10-QSep 30, 2026 |
| Viasat | 1,736 | 1,157 | 261 | 137.8M | 10-QJun 30, 2026 |
| Gogo | 63 | 223 | 32* | 135.5M | 10-QJun 30, 2026 |
| Globalstar | 410 | 65 | 125* | not reported | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.