COGENT COMMUNICATIONS HOLDINGS INC (CCOI)
Communication · Data center colocation and fiber optic network services · NASDAQ
A global facilities-based fiber and data center operator providing low-cost high-speed Internet, private networking, and optical transport to enterprises and carriers across 57 countries, currently facing profitability challenges and high debt levels.
What COGENT COMMUNICATIONS HOLDINGS INC does
Cogent Communications is a facilities-based provider of low-cost, high-speed Internet access, private network services, optical wavelength and optical transport services, and data center colocation space and power across 57 countries. The company operates its own optimized packet-routed data network and delivers on-net services to corporate, enterprise, and content delivery customers, as well as off-net services using third-party carrier circuits for the last mile.
Themes: ["Internet access / connectivity infrastructure","Data center colocation","Optical fiber transport","Private networking","Bandwidth-intensive enterprise services"]
Fundamentals
- Price$12.64 as of 2026-07-09 close
- Market cap$621M as of 2026-07-10
- 1-year return-74.4% as of 2026-07-09 close
- Net margin-17.5% as of 2026-07-10
- Gross margin+45.6% as of 2026-07-10
- ROE-117.6% as of 2026-07-10
- Debt / equity49.63 as of 2026-07-10
- Revenue growth (YoY)-4.8% as of 2026-07-10
- Revenue CAGR (3y)+8.5% SEC XBRL
- Beta0.78 as of 2026-07-10
Dividend: yield +8.7%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Company is currently unprofitable with negative net margin of -17.53% and negative operating cash flow trends despite asset base of $3.1 billion; high debt burden with $1.7 billion in long-term debt obligations due 2027-2032","Declining revenue with -4.83% YoY contraction and severe stock price deterioration of -74.35% over the past year, indicating loss of market confidence and business momentum","Significant customer concentration risk with major contracts including IP Transit Services Agreement with T-Mobile (shown as substantial receivables due), creating vulnerability to contract renegotiation or loss"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.