COGENT COMMUNICATIONS HOLDINGS, INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that COGENT COMMUNICATIONS HOLDINGS, INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $125.23M | Feb 23, 2018 |
| FY2017 | Sep 30, 2017 | $122.97M | Feb 23, 2018 |
| FY2017 | Jun 30, 2017 | $119.78M | Feb 23, 2018 |
| FY2017 | Mar 31, 2017 | $117.20M | Feb 23, 2018 |
| FY2017 | Dec 31, 2016 | $115.60M | Feb 23, 2018 |
| FY2017 | Sep 30, 2016 | $113.06M | Feb 23, 2018 |
| FY2017 | Jun 30, 2016 | $109.96M | Feb 23, 2018 |
| FY2017 | Mar 31, 2016 | $108.29M | Feb 23, 2018 |
| FY2016 | Dec 31, 2015 | $115.60M | Feb 24, 2017 |
| FY2016 | Sep 30, 2015 | $113.06M | Feb 24, 2017 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($182.17M) | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | ($204.07M) | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $1.27B | Feb 20, 2026 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($101.07M) | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | ($197.61M) | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | ($129.33M) | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $113.96M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $119.23M | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | $106.92M | Feb 24, 2023 |
| FY2019 | Dec 31, 2019 | $28.03M | Feb 28, 2020 |
| FY2019 | Sep 30, 2019 | $25.80M | Feb 28, 2020 |
| FY2019 | Jun 30, 2019 | $22.02M | Feb 28, 2020 |
| FY2019 | Mar 31, 2019 | $24.40M | Feb 28, 2020 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $274.44M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $275.78M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $275.32M | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $163.02M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $162.38M | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | $158.48M | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $146.91M | Feb 25, 2022 |
| FY2018 | Dec 31, 2018 | $33.22M | Feb 22, 2019 |
| FY2019 | Dec 31, 2017 | $127.92M | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $120.71M | Feb 22, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($10.58M) | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | ($8.65M) | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $17.35M | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $173.71M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $170.26M | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | $140.32M | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $148.81M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $133.92M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $111.70M | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $107.97M | Feb 22, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $187.57M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $195.00M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $129.63M | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | $78.97M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $69.92M | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | $55.95M | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $46.96M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $49.94M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $45.80M | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | $45.23M | Feb 22, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.10B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $3.17B | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $3.21B | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $1.01B | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | $984.56M | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $1.00B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $932.12M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $739.85M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $710.59M | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $737.89M | Feb 23, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.16B | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $2.95B | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $2.60B | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $1.53B | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | $1.36B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $1.29B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $1.14B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $888.85M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | $813.13M | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $791.15M | Feb 23, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($63.85M) | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $222.85M | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | $609.56M | Feb 20, 2026 |
| FY2025 | Dec 31, 2022 | ($518.63M) | Feb 20, 2026 |
| FY2024 | Dec 31, 2021 | ($373.10M) | Feb 28, 2025 |
| FY2023 | Dec 31, 2020 | ($293.17M) | Feb 29, 2024 |
| FY2022 | Dec 31, 2019 | ($203.68M) | Feb 24, 2023 |
| FY2021 | Dec 31, 2018 | ($149.00M) | Feb 25, 2022 |
| FY2020 | Dec 31, 2017 | ($102.54M) | Feb 26, 2021 |
| FY2019 | Dec 31, 2016 | ($53.25M) | Feb 28, 2020 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($708.58M) | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | ($376.35M) | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $17.14M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | ($1.07B) | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | ($909.88M) | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | ($807.77M) | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | ($684.58M) | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | ($609.45M) | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | ($554.69M) | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | ($478.91M) | Feb 23, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $148.52M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | $198.49M | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | $75.09M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $223.78M | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | $319.61M | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $371.30M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $399.42M | Feb 26, 2021 |
| FY2020 | Dec 31, 2018 | $276.09M | Feb 26, 2021 |
| FY2020 | Dec 31, 2017 | $247.01M | Feb 26, 2021 |
| FY2019 | Dec 31, 2016 | $274.32M | Feb 28, 2020 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.73B | Feb 20, 2026 |
| FY2024 | Dec 31, 2024 | $1.46B | Feb 28, 2025 |
| FY2023 | Dec 31, 2023 | $950.00M | Feb 29, 2024 |
| FY2022 | Dec 31, 2022 | $950.00M | Feb 24, 2023 |
| FY2021 | Dec 31, 2021 | $897.80M | Feb 25, 2022 |
| FY2020 | Dec 31, 2020 | $881.98M | Feb 26, 2021 |
| FY2019 | Dec 31, 2019 | $798.12M | Feb 28, 2020 |
| FY2018 | Dec 31, 2018 | $645.46M | Feb 22, 2019 |
| FY2017 | Dec 31, 2017 | $574.97M | Feb 23, 2018 |
| FY2016 | Dec 31, 2016 | $569.75M | Feb 24, 2017 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | (3) | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | (4) | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | 26 | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | 0 | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | 1 | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | 0 | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | 0 | Feb 25, 2022 |
| FY2018 | Dec 31, 2018 | 0 | Feb 22, 2019 |
| FY2019 | Dec 31, 2017 | 0 | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | 0 | Feb 22, 2019 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | (3) | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | (4) | Feb 20, 2026 |
| FY2025 | Dec 31, 2023 | 26 | Feb 20, 2026 |
| FY2024 | Dec 31, 2022 | 0 | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | 1 | Feb 29, 2024 |
| FY2022 | Dec 31, 2020 | 0 | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | 0 | Feb 25, 2022 |
| FY2018 | Dec 31, 2018 | 0 | Feb 22, 2019 |
| FY2019 | Dec 31, 2017 | 0 | Feb 28, 2020 |
| FY2018 | Dec 31, 2016 | 0 | Feb 22, 2019 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 50.06M | Feb 20, 2026 |
| FY2025 | Dec 31, 2024 | 49.03M | Feb 20, 2026 |
| FY2024 | Dec 31, 2023 | 48.61M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | 48.01M | Feb 29, 2024 |
| FY2022 | Dec 31, 2021 | 47.67M | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | 47.21M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | 46.84M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | 46.34M | Feb 28, 2020 |
| FY2018 | Dec 31, 2017 | 45.96M | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | 45.48M | Feb 23, 2018 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2014 | Dec 31, 2014 | $54.22M | Feb 27, 2015 |
| FY2014 | Dec 31, 2013 | $35.35M | Feb 27, 2015 |
| FY2014 | Dec 31, 2012 | $9.55M | Feb 27, 2015 |