CCOI · Cogent Communications Holdings, Inc.
Price & Indicators
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AI Brief
TL;DR.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
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| Carrier neutral data center buildings | 1,588 | Q2 2026 | — |
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| Cogent data centers | 88 | Q2 2026 | — |
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| Cogent edge data centers | 84 | Q2 2026 | — |
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| Connected networks – AS's | 7,572 | Q2 2026 | — |
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| Consolidated Leverage Ratio for the Reference Period non-GAAP | 5.94 | As of June 30, 2026 | — |
| Consolidated Leverage Ratio for the Reference Period - 600.0 million Secured 2032 Notes non-GAAP | 4.56 | Q2 2026 | — |
| Corporate customer connections | 41,326 | Q2 2026 | — |
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| EBITDA non-GAAP | $46.1M | Q2 2026 | — |
| EBITDA margin non-GAAP | 19.6% | Q2 2026 | — |
| EBITDA, as adjusted non-GAAP | $71.1M | Q2 2026 | — |
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| EBITDA, as adjusted for cash payments made to the Company under IP Transit Services Agreement non-GAAP | $71.1M | Q2 2026 | — |
| EBITDA, as adjusted margin non-GAAP | 30.2% | Q2 2026 | — |
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| Enterprise customer connections | 8,957 | Q2 2026 | — |
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| Fixed Charge Coverage Ratio for the Reference Period non-GAAP | 2.28 | As of June 30, 2026 | — |
| Fixed Charge Coverage Ratio for the Reference Period - 600.0 million 2032 Notes non-GAAP | 2.97 | Q2 2026 | — |
| FTE – sales reps | 505 | Q2 2026 | — |
| Gross leverage ratio non-GAAP | 8.02 | As of June 30, 2026 | — |
| Gross leverage ratio, adjusted for amounts Due from T-Mobile non-GAAP | 7.5 | As of June 30, 2026 | — |
| Intercity route miles – Leased | 72,884 | Q2 2026 | — |
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| Intercity route miles – Owned | 21,883 | Q2 2026 | — |
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| Interest Coverage Ratio under the Company's Indentures non-GAAP | 2.28 | Q2 2026 | — |
| IP Network traffic | 2% | Q2 2026 | — |
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| IPv4 Addresses Billed | 15,220,334 | Q2 2026 | — |
| Metro fiber miles – Leased | 98,135 | Q2 2026 | — |
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| Metro route miles – Leased | 33,154 | Q2 2026 | — |
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| Metro route miles – Owned | 1,704 | Q2 2026 | — |
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| Multi-Tenant office buildings | 1,867 | Q2 2026 | — |
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| Net leverage ratio non-GAAP | 6.75 | As of June 30, 2026 | — |
| Net leverage ratio - 600.0 million Secured 2032 Notes non-GAAP | 3.86 | Q2 2026 | — |
| Net leverage ratio, adjusted for amounts Due from T-Mobile non-GAAP | 6.23 | As of June 30, 2026 | — |
| Net-centric customer connections | 65,556 | Q2 2026 | — |
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| Net-centric customer connections under the CSA | 1,803 | Q2 2026 | — |
| Non-core customer connections | 2,348 | Q2 2026 | — |
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| Non-GAAP Gross Margin non-GAAP | 47% | Q2 2026 | — |
| Non-GAAP Gross Profit non-GAAP | $110.65M | Q2 2026 | — |
| Off-net customer connections | 23,033 | Q2 2026 | — |
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| On-net buildings | 3,627 | Q2 2026 | — |
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| On-net customer connections | 88,013 | Q2 2026 | — |
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| Sales force – quota bearing | 506 | Q2 2026 | — |
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| Sales force – total | 688 | Q2 2026 | — |
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| Sales rep productivity – units per full time equivalent sales rep ("FTE") per month | 4.5 | Q2 2026 | — |
| Secured Leverage Ratio for the Reference Period non-GAAP | 3.67 | As of June 30, 2026 | — |
| Secured Leverage Ratio for the Reference Period - 600.0 million 2032 Notes non-GAAP | 2.81 | Q2 2026 | — |
| Total carrier neutral data center nodes | 1,781 | Q2 2026 | — |
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| Total cash and restricted cash | $369.7M | Q2 2026 | — |
| Total customer connections | 115,839 | Q2 2026 | — |
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| Total employees | 1,682 | Q2 2026 | — |
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| Total on-net buildings | 3,627 | Q2 2026 | — |
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| Wave enabled locations | 1,137 | Q2 2026 | — |
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| Wavelength customer connections | 2,445 | Q2 2026 | — |
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| Square feet – multi-tenant office buildings – on-net | 1,025,139,485 | Q4 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Telecom Services — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
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CCOI
this stock
Cogent Communications Holdings, Inc.
|
$518.82M | -51.9% | -5.8% | — | 13.6% |
|
VZ
Verizon Communications Inc
|
$201.67B | +21.2% | +2.5% | 12.6 | 2.0% |
|
TMUS
T-Mobile US, Inc.
|
$196.03B | -10.2% | +8.3% | 19.1 | 1.7% |
|
SFTBF
Softbank Group Corp.
|
$191.71B | +16.9% | — | — | 0.4% |
|
T
At&T Inc.
|
$171.10B | +1.1% | +2.7% | 8.3 | 1.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| CCOI | +1.1% | -19.8% | -44.1% | -23.2% | -51.9% |
| SPY | -0.4% | +2.9% | +11.6% | +3.0% | +12.8% |
| vs SPY | +1.6% | -22.7% | -55.7% | -26.2% | -64.7% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.