Cogent Communications Holdings (CCOI) Financial Statements
Price: $51.5
Market Cap: $2.54B
Avg Volume: 484.99K
Market Cap: $2.54B
Avg Volume: 484.99K
Country: US
Industry: Telecommunications Services
Sector: Communication Services
Industry: Telecommunications Services
Sector: Communication Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Cogent Communications Holdings.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $783.81M | $940.92M | $599.60M | $589.80M | $568.10M | $546.16M | $520.19M | $485.18M | $446.90M | $404.23M |
| Cost of Revenue | $631.58M | $544.23M | $228.15M | $226.34M | $219.16M | $219.80M | $219.53M | $209.28M | $194.07M | $174.51M |
| Gross Profit | $152.23M | $396.69M | $371.45M | $363.46M | $348.95M | $326.36M | $300.67M | $275.90M | $252.83M | $229.72M |
| Gross Profit Ratio | 19.42% | 42.16% | 61.95% | 61.62% | 61.42% | 59.76% | 57.80% | 56.87% | 56.58% | 56.83% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $76.70M | $- | $163.02M | $162.38M | $158.48M | $146.91M | $133.86M | $127.92M | $120.71M | $113.10M |
| Selling and Marketing Expenses | $- | $- | $163.02M | $162.38M | $158.48M | $146.91M | $133.86M | $127.92M | $120.71M | $113.10M |
| Selling General and Administrative Expenses | $275.31M | $275.32M | $163.02M | $162.38M | $158.48M | $146.91M | $133.86M | $127.92M | $120.71M | $113.10M |
| Other Expenses | $799.70M | $250.70M | $92.22M | $89.24M | $83.48M | $80.25M | $81.23M | $75.93M | $75.23M | $70.53M |
| Operating Expenses | $583.58M | $526.02M | $255.24M | $251.62M | $241.95M | $227.16M | $215.09M | $203.84M | $195.94M | $183.63M |
| Cost and Expenses | $930.10M | $1.07B | $483.40M | $477.96M | $461.11M | $446.96M | $434.62M | $413.12M | $390.01M | $358.14M |
| Interest Income | $24.73M | $35.72M | $3.44M | $1.44M | $978.00K | $9.87M | $5.88M | $3.67M | $1.02M | $956.00K |
| Interest Expense | $43.32M | $106.78M | $67.58M | $67.07M | $62.49M | $57.45M | $51.06M | $48.47M | $40.80M | $41.28M |
| Depreciation and Amortization | $385.93M | $232.21M | $92.22M | $89.24M | $83.48M | $80.25M | $81.23M | $75.93M | $75.23M | $70.53M |
| EBITDA | $169.60M | $1.56B | $208.43M | $201.08M | $190.47M | $179.44M | $166.81M | $147.98M | $135.22M | $116.62M |
| EBITDA Ratio | 21.64% | 165.63% | 34.76% | 34.09% | 33.53% | 32.86% | 32.07% | 30.50% | 30.26% | 28.85% |
| Operating Income | $-239.03M | $-129.33M | $113.96M | $119.23M | $106.92M | $100.26M | $86.56M | $75.92M | $64.04M | $53.04M |
| Operating Income Ratio | -30.50% | -13.74% | 19.01% | 20.22% | 18.82% | 18.36% | 16.64% | 15.65% | 14.33% | 13.12% |
| Total Other Income Expenses Net | $-2.54M | $1.35B | $-87.58M | $-47.81M | $-96.61M | $-47.58M | $-45.18M | $-44.80M | $-39.78M | $-40.32M |
| Income Before Tax | $-259.65M | $1.22B | $26.38M | $71.42M | $10.31M | $52.67M | $41.38M | $31.12M | $24.26M | $12.71M |
| Income Before Tax Ratio | -33.13% | 129.60% | 4.40% | 12.11% | 1.82% | 9.64% | 7.96% | 6.41% | 5.43% | 3.14% |
| Income Tax Expense | $-55.57M | $-53.96M | $21.23M | $23.23M | $4.10M | $15.15M | $12.71M | $25.24M | $9.33M | $7.82M |
| Net Income | $-204.07M | $1.27B | $5.15M | $48.19M | $6.22M | $37.52M | $28.67M | $5.88M | $14.93M | $4.90M |
| Net Income Ratio | -26.04% | 135.34% | 0.86% | 8.17% | 1.09% | 6.87% | 5.51% | 1.21% | 3.34% | 1.21% |
| EPS | $-4.30 | $26.88 | $0.11 | $1.04 | $0.14 | $0.82 | $0.63 | $0.13 | $0.33 | $0.11 |
| EPS Diluted | $-4.30 | $26.62 | $0.11 | $1.03 | $0.13 | $0.81 | $0.63 | $0.13 | $0.33 | $0.11 |
| Weighted Average Shares Outstanding | 47.54M | 47.37M | 46.88M | 46.42M | 45.95M | 45.54M | 45.28M | 44.86M | 44.64M | 44.89M |
| Weighted Average Shares Outstanding Diluted | 47.54M | 47.84M | 47.21M | 46.96M | 46.67M | 46.08M | 45.78M | 45.18M | 44.87M | 45.16M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $15.34M | $75.09M | $223.78M | $319.61M | $371.30M | $399.42M | $276.09M | $247.01M | $274.32M | $203.59M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $15.34M | $75.09M | $223.78M | $319.61M | $371.30M | $399.42M | $276.09M | $247.01M | $274.32M | $203.59M |
| Net Receivables | $3.12M | $319.26M | $44.12M | $41.94M | $44.19M | $40.48M | $41.71M | $39.10M | $33.60M | $30.72M |
| Inventory | $- | $- | $52.13M | $9.02M | $- | $1 | $1 | $- | $1 | $1 |
| Other Current Assets | $34.63M | $119.28M | $98.01M | $48.03M | $40.85M | $35.82M | $32.53M | $40.02M | $19.71M | $34.06M |
| Total Current Assets | $53.09M | $513.63M | $365.91M | $409.58M | $456.34M | $475.73M | $350.34M | $306.12M | $327.62M | $251.34M |
| Property Plant Equipment Net | $356.78M | $1.90B | $626.03M | $559.57M | $530.00M | $442.39M | $375.32M | $381.28M | $361.64M | $360.14M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $440.00K | $472.81M | $- | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $440.00K | $472.81M | $- | $- | $- | $- | $-5.54M | $- | $- | $- |
| Long Term Investments | $- | $- | $- | $- | $- | $- | $5.54M | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $335.00K | $2.73M | $17.62M | $42.24M | $45.14M |
| Other Non-Current Assets | $-21.66M | $325.77M | $18.24M | $15.41M | $14.14M | $13.67M | $11.46M | $5.57M | $6.39M | $6.20M |
| Total Non-Current Assets | $335.56M | $2.70B | $644.27M | $574.98M | $544.14M | $456.40M | $389.51M | $404.47M | $410.27M | $411.48M |
| Other Assets | $2.78B | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $3.17B | $3.21B | $1.01B | $984.56M | $1.00B | $932.12M | $739.85M | $710.59M | $737.89M | $662.82M |
| Account Payables | $2.57M | $48.36M | $27.21M | $11.92M | $9.78M | $11.07M | $8.52M | $11.59M | $11.55M | $12.40M |
| Short Term Debt | $- | $132.56M | $49.45M | $33.54M | $32.77M | $24.31M | $11.29M | $14.34M | $6.63M | $9.59M |
| Tax Payables | $28.76M | $41.82M | $2.69M | $4.29M | $5.92M | $6.05M | $4.21M | $2.36M | $4.04M | $3.35M |
| Deferred Revenue | $- | $6.55M | $4.91M | $4.89M | $4.65M | $4.32M | $4.50M | $4.76M | $4.33M | $4.30M |
| Other Current Liabilities | $51.13M | $144.04M | $62.85M | $30.66M | $47.25M | $49.99M | $51.00M | $41.47M | $41.37M | $42.61M |
| Total Current Liabilities | $82.47M | $373.32M | $120.28M | $81.01M | $94.44M | $89.69M | $75.31M | $74.53M | $67.91M | $68.90M |
| Long Term Debt | $416.15M | $1.70B | $1.33B | $1.23B | $1.18B | $1.03B | $788.16M | $711.01M | $695.19M | $575.21M |
| Deferred Revenue Non-Current | $- | $- | $-47.65M | $- | $- | $- | $1.54M | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $421.24M | $471.50M | $47.65M | $- | $- | $- | $-1.54M | $- | $- | $- |
| Other Non-Current Liabilities | $582.88M | $61.64M | $82.64M | $44.61M | $14.79M | $15.33M | $23.84M | $27.60M | $28.04M | $30.98M |
| Total Non-Current Liabilities | $1.42B | $2.23B | $1.41B | $1.28B | $1.20B | $1.05B | $813.54M | $738.61M | $723.23M | $606.18M |
| Other Liabilities | $1.45B | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $2.95B | $2.60B | $1.53B | $1.36B | $1.29B | $1.14B | $888.85M | $813.13M | $791.15M | $675.09M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $49.00K | $49.00K | $48.00K | $48.00K | $47.00K | $47.00K | $46.00K | $46.00K | $45.00K | $45.00K |
| Retained Earnings | $-376.35M | $17.14M | $-1.07B | $-909.88M | $-807.77M | $-684.58M | $-609.45M | $-554.69M | $-478.90M | $-431.78M |
| Accumulated Other Comprehensive Income Loss | $-30.68M | $-14.38M | $-19.16M | $-11.00M | $-1.31M | $-12.33M | $-10.93M | $-4.60M | $-17.19M | $-14.69M |
| Other Total Stockholders Equity | $629.83M | $606.75M | $575.06M | $547.73M | $515.87M | $493.18M | $471.33M | $456.70M | $442.80M | $434.16M |
| Total Stockholders Equity | $222.85M | $609.56M | $-518.63M | $-373.10M | $-293.17M | $-203.68M | $-149.00M | $-102.54M | $-53.25M | $-12.27M |
| Total Equity | $222.85M | $609.56M | $-518.63M | $-373.10M | $-293.17M | $-203.68M | $-149.00M | $-102.54M | $-53.25M | $-12.27M |
| Total Liabilities and Stockholders Equity | $3.17B | $3.21B | $1.01B | $984.56M | $1.00B | $932.12M | $739.85M | $710.59M | $737.89M | $662.82M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $3.17B | $3.21B | $1.01B | $984.56M | $1.00B | $932.12M | $739.85M | $710.59M | $737.89M | $662.82M |
| Total Investments | $- | $302.33M | $- | $- | $- | $- | $5.54M | $- | $- | $- |
| Total Debt | $416.15M | $1.83B | $1.36B | $1.26B | $1.21B | $1.05B | $795.24M | $718.18M | $701.82M | $581.45M |
| Net Debt | $400.82M | $1.75B | $1.13B | $941.67M | $839.96M | $649.62M | $519.15M | $471.17M | $427.50M | $377.86M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $- | $1.27B | $5.15M | $48.19M | $6.22M | $37.52M | $28.67M | $5.88M | $14.93M | $4.90M |
| Depreciation and Amortization | $- | $232.21M | $92.22M | $89.24M | $83.48M | $80.25M | $81.23M | $75.93M | $75.23M | $70.53M |
| Deferred Income Tax | $- | $-69.58M | $16.54M | $18.16M | $282.00K | $12.16M | $11.12M | $24.68M | $9.22M | $7.71M |
| Stock Based Compensation | $- | $26.92M | $24.44M | $26.82M | $23.52M | $18.46M | $17.71M | $13.29M | $10.73M | $11.52M |
| Change in Working Capital | $- | $-12.06M | $53.20M | $11.22M | $-9.63M | $1.25M | $-5.23M | $-4.47M | $3.83M | $-4.64M |
| Accounts Receivables | $42.99M | $- | $-2.84M | $1.39M | $-2.70M | $1.07M | $-3.20M | $-4.16M | $-3.18M | $1.12M |
| Inventory | $- | $- | $- | $- | $-2.77M | $-3.73M | $-438.00K | $1.15M | $-2.92M | $-2.90M |
| Accounts Payables | $- | $29.05M | $20.64M | $9.87M | $-3.28M | $5.04M | $-96.00K | $-2.57M | $10.27M | $-2.64M |
| Other Working Capital | $-76.19M | $-41.11M | $35.40M | $-29.00K | $-873.00K | $-1.13M | $-1.49M | $1.11M | $-336.00K | $-221.00K |
| Other Non Cash Items | $-8.64M | $-1.43B | $-17.84M | $-23.37M | $36.45M | $-824.00K | $424.00K | $-3.59M | $-5.98M | $-6.19M |
| Net Cash Provided by Operating Activities | $-8.64M | $17.34M | $173.71M | $170.26M | $140.32M | $148.81M | $133.92M | $111.70M | $107.97M | $83.81M |
| Investments in Property Plant and Equipment | $- | $-129.63M | $-78.97M | $-69.92M | $-55.95M | $-46.96M | $-49.94M | $-45.80M | $-45.23M | $-35.58M |
| Acquisitions Net | $- | $2.19M | $- | $- | $- | $- | $- | $- | $- | $111.00K |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $21.49M | $204.17M | $-78.97M | $-69.92M | $- | $-46.96M | $- | $- | $- | $111.00K |
| Net Cash Used for Investing Activities | $21.49M | $76.73M | $-78.97M | $-69.92M | $-55.95M | $-46.96M | $-49.94M | $-45.80M | $-45.23M | $-35.47M |
| Debt Repayment | $- | $-77.36M | $25.18M | $14.56M | $27.07M | $143.04M | $59.58M | $-11.20M | $101.03M | $-22.89M |
| Common Stock Issued | $- | $1.23M | $614.00K | $1.82M | $- | $1.64M | $- | $- | $- | $- |
| Common Stock Repurchased | $-7.97M | $- | $-614.00K | $- | $-4.50M | $-1.64M | $-6.56M | $-1.83M | $-4.49M | $-39.39M |
| Dividends Paid | $-189.41M | $-181.72M | $-169.86M | $-150.29M | $-129.41M | $-112.65M | $-97.89M | $-81.66M | $-68.21M | $-66.31M |
| Other Financing Activities | $303.30M | $1.23M | $-176.00K | $-6.92M | $-9.16M | $-8.37M | $-7.67M | $-2.58M | $-19.98M | $-247.00K |
| Net Cash Used Provided by Financing Activities | $105.92M | $-257.85M | $-144.85M | $-140.82M | $-116.00M | $22.02M | $-52.55M | $-97.27M | $8.34M | $-128.85M |
| Effect of Forex Changes on Cash | $-4.64M | $1.65M | $-2.60M | $-2.19M | $3.51M | $-542.00K | $-2.36M | $4.06M | $-346.00K | $-3.69M |
| Net Change in Cash | $114.14M | $-162.13M | $-52.71M | $-42.68M | $-28.12M | $123.33M | $29.08M | $-27.31M | $70.73M | $-84.20M |
| Cash at End of Period | $227.92M | $113.78M | $275.91M | $328.62M | $371.30M | $399.42M | $276.09M | $247.01M | $274.32M | $203.59M |
| Cash at Beginning of Period | $113.78M | $275.91M | $328.62M | $371.30M | $399.42M | $276.09M | $247.01M | $274.32M | $203.59M | $287.79M |
| Operating Cash Flow | $-8.64M | $17.34M | $173.71M | $170.26M | $140.32M | $148.81M | $133.92M | $111.70M | $107.97M | $83.81M |
| Capital Expenditure | $- | $-129.63M | $-78.97M | $-69.92M | $-55.95M | $-46.96M | $-49.94M | $-45.80M | $-45.23M | $-35.58M |
| Free Cash Flow | $-8.64M | $-112.29M | $94.74M | $100.34M | $84.37M | $101.85M | $83.98M | $65.90M | $62.73M | $48.23M |