Cogent Communications Holdings, Inc. (CCOI)

From the record

Cogent Communications Holdings, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Cogent Communications Holdings, Inc.'s 10 filed years say what it did: revenue went from $447 million in fiscal 2016 to $976 million in fiscal 2025, up 9.1% a year; it rose in 8 of 9 years; the deepest fall was 6% from fiscal 2024 to fiscal 2025; net income was positive in 8 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Cogent Communications Holdings, Inc.'s diluted share count grew about 0.5% a year, and dividends and buybacks returned about 62% of its net income over 3 years (its filed statements). Its officers and directors filed 15 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Cogent Communications Holdings, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 14 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 102 cents per dollar of assets, and net share issuance: its share count grew 0.6% over the year (the filed statements).

From the record

Cogent Communications Holdings, Inc.'s standing among 19 graded names in its industry family: revenue of $976 million in fiscal 2025 ranks in the top 21% by size; a net margin of -18.7% ranks in the bottom 45%; revenue growth of 17.6% a year over the last 3 filed years ranks in the top 45% (its annual reports).

From the record

Cogent Communications Holdings, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Schaeffer, Dave (CHAIRMAN, CEO, AND PRESIDENT, as filed), filing under that title since 2006-01-26, 20.8 years (top 4% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 10 years (top 12%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (top 50%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Cogent Communications Holdings, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $149 million against debt of $1.7 billion leaves -51% of its assets as net cash, bottom 18% of its family; cash from operations less capital spending is -20.3% of revenue (bottom 31%); a gross margin of 45.2% (top 28%) (its annual report).

From the record

Cogent Communications Holdings, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 17.6% a year over the last three filed years against 9.1% over all 10, speeding up (top 26% of its family); the newest year grew -5.8% (bottom 26%); capital spending grew 33.4% a year (top 26%) (its annual reports). Cogent Communications Holdings, Inc. reported 4 product lines in fiscal 2025: On Net Services at $532 million (55%), Off Net Services at $397 million (41%), Wavelength Services at $38 million (4%), and 1 more; 1 of 4 grew against the year before (its annual report).

From the record

Cogent Communications Holdings, Inc.'s newest year against its own record: revenue of $976 million in fiscal 2025 came in 28.3% below the $1.4 billion its prior three years' pace pointed to (bottom 15% of its family); net income of $182 million against a prior three-year average of $358 million (bottom 26%); a net margin of -18.7% against 38.8% before (bottom 15%) (its annual reports).