Cogent Communications Holdings, Inc. income statement

In fiscal 2025, Cogent Communications Holdings, Inc. reported revenue of $976m, down 5.8% on the year before, operating income of −$101m (a -10.4% margin) and net income of −$182m, or −$3.80 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Cogent Communications Holdings, Inc.: income statement, annual
Fiscal year	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	348	380	404	447	485	520	546	568	590	600	941	1,036	976	957
Cost of revenue	—	—	—	194	209	220	220	219	226	228	544	642	535	514
Gross profit	—	—	—	253	276	301	326	349	363	371	397	394	441	443
Selling, general and administrative	87	108	113	121	128	134	147	158	162	163	275	276	274	280
Operating income	46	54	53	64	76	87	100	107	119	114	−129	−198	−101	76
Interest expense	42	50	41	41	48	51	57	62	58	111	93	123	—	—
Income before tax	7	4	13	24	31	41	53	10	71	26	1,219	−260	−245	−68
Income tax	−50	4	8	9	25	13	15	4	23	21	−54	−56	−63	−23
Net income	57	1	5	15	6	29	38	6	48	5	1,273	−204	−182	−45
Diluted EPS	$1.21	$0.02	$0.11	$0.33	$0.13	$0.63	$0.81	$0.13	$1.03	$0.11	$26.62	−$4.28	−$3.80	−$0.94
Diluted shares (average)	47m	46m	45m	45m	45m	46m	46m	47m	47m	47m	48m	48m	48m	48m
EBITDA	111	123	124	139	152	168	181	190	208	206	103	100	169	302

US$ millions unless shown otherwise. Fiscal quarters.

Cogent Communications Holdings, Inc.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	257	252	247	246	242	241	239	236
Cost of revenue	162	155	137	137	132	128	129	125
Gross profit	96	97	110	109	110	112	110	111
Selling, general and administrative	68	63	74	65	70	65	72	72
Operating income	−58	−33	−40	−31	−18	−11	−14	119
Income before tax	−80	−55	−70	−75	−53	−48	−51	83
Income tax	−17	−12	−18	−17	−11	−17	−11	16
Net income	−63	−43	−52	−58	−42	−31	−40	67
Diluted EPS	−$1.33	−$0.89	−$1.09	−$1.21	−$0.87	−$0.63	−$0.83	$1.38
EBITDA	28	34	36	44	42	47	41	172

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Cogent Communications Holdings, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Cogent Communications Holdings, Inc.