Cogent Communications (CCOI)
Tier 1 IP backbone built on distressed fiber, serving corporate, net-centric, and enterprise buyers.
$9.31
After hours−0.01 (−0.11%)
At close$9.32(+0.32%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 275 | 272 | 266 | 260 | 257 | 252 | 247 | 246 | 223 | 241 | 239 | 475 |
| Cost of revenue | 174 | 174 | 169 | 156 | 162 | 155 | 137 | 213 | 112 | 187 | 129 | 254 |
| Gross profit | 102 | 98 | 97 | 104 | 96 | 97 | 110 | 33 | 110 | 54 | 110 | 221 |
| 152 | 166 | 157 | 151 | 153 | 130 | 150 | 65 | 128 | 65 | 123 | 115 | |
| 65 | 81 | 77 | 68 | 68 | 63 | 74 | 65 | 0 | 65 | 72 | 144 | |
| General & administrative | 65 | 0 | 77 | 68 | 0 | 0 | 0 | 65 | 0 | 0 | 72 | 144 |
| Other expenses | 87 | 85 | 80 | 83 | 86 | 67 | 76 | 0 | 128 | 0 | 51 | −29 |
| Operating income | −51 | −68 | −59 | −47 | −58 | −33 | −40 | −31 | −18 | −11 | −14 | 105 |
| −20 | 248 | −25 | 7 | −22 | −22 | −30 | −43 | −34 | −36 | −37 | −73 | |
| Interest income | 13 | 11 | 10 | 9 | 6 | 16 | 5 | 2 | 4 | 8 | 6 | 13 |
| Interest expense | 29 | 35 | 23 | 30 | 28 | 38 | 35 | 40 | 43 | 44 | 44 | 88 |
| Other non-operating income | −9 | −283 | −5 | −36 | −6 | −16 | −5 | 3 | −9 | −8 | −6 | −14 |
| Income before tax | −70 | 180 | −84 | −40 | −80 | −55 | −70 | −75 | −53 | −48 | −51 | 32 |
| Income tax expense | −14 | −20 | −19 | −8 | −17 | −12 | −18 | −17 | −11 | −17 | −11 | 5 |
| Net income from continuing operations | −57 | 200 | −65 | −32 | −63 | −43 | −52 | −58 | −42 | −31 | −40 | 27 |
| Net income | −57 | 200 | −65 | −32 | −63 | −43 | −52 | −58 | −42 | −31 | −40 | 27 |
| EPS, basic | −$1.20 | $4.23 | −$1.38 | −$0.68 | −$1.33 | −$0.91 | −$1.09 | −$1.21 | −$0.87 | −$0.64 | −$0.83 | $0.56 |
| EPS, diluted | −$1.20 | $4.17 | −$1.38 | −$0.68 | −$1.33 | −$0.91 | −$1.09 | −$1.21 | −$0.87 | −$0.64 | −$0.83 | $0.56 |
| Weighted average shares, basic | 47 | 47 | 47 | 48 | 47 | 48 | 48 | 48 | 48 | 48 | 48 | 48 |
| Weighted average shares, diluted | 47 | 48 | 47 | 48 | 47 | 48 | 48 | 48 | 48 | 48 | 48 | 48 |
| EBITDA | 45 | 283 | 16 | 63 | 34 | 50 | 41 | 41 | 51 | 55 | 47 | 227 |
| Depreciation & amortization | 87 | 68 | 71 | 74 | 86 | 67 | 76 | 75 | 60 | 58 | 54 | 107 |
| EBIT | −41 | 215 | −55 | −11 | −52 | −17 | −35 | −35 | −9 | −3 | −7 | 120 |
