COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI) FY2025 10-K Annual Report

Filed: Feb 20, 2026
Communication Services
Communications Services, NECSEC EDGAR

COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 20, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

COGENT COMMUNICATIONS HOLDINGS, INC. FY2025 10-K Analysis

Business Overview

  • Core business: low-cost, high-speed Internet access, private network, optical wavelength/transport services, and data center colocation globally
  • New emphasis: acquisition and integration of Sprint’s Cogent Fiber Business with 23,500 route miles fiber, enabling optical wavelength and transport service expansion
+3 more insights

Management Discussion & Analysis

  • Revenue $610M, down 3% YoY from $629M in prior year
  • Operating margin 22.5% vs 24.1% YoY, impacted by higher expenses
+4 more insights

Risk Factors

  • Regulatory risk: Potential US Universal Service Fund contribution based on Internet revenue impacting costs
  • Macroeconomic risk: Global economic instability risk including recession and bank failures could reduce Internet service spending
+3 more insights

COGENT COMMUNICATIONS HOLDINGS, INC. FY2025 Key Financial Metrics
XBRL

Revenue

$976M

-5.8% YoY

Net Income

-$182M

+10.7% YoY

Operating Margin

-10.4%

+871bp YoY

Net Margin

-18.7%

+103bp YoY

ROE

285.3%

+37690bp YoY

Total Assets

$3.1B

-2.3% YoY

EPS (Diluted)

$-3.80

+11.2% YoY

Operating Cash Flow

-$11M

-22.4% YoY

Source: XBRL data from COGENT COMMUNICATIONS HOLDINGS, INC. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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