CCOI · Cogent Communications Holdings, Inc.
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
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 |
|---|---|---|---|
| ARPU off-net | $1,197 | the three months ended June 30, 2026 filing | — |
| ARPU on-net | $513 | the three months ended June 30, 2026 filing | — |
| ARPU wavelength | $2,100 | the three months ended June 30, 2026 filing | — |
| Average Price per Megabit installed base | $0.11 | the three months ended June 30, 2026 filing | — |
| Constant currency and excise tax revenue percent decrease non-GAAP | -1.2% | Q2 2026 | — |
| Constant currency percent revenue decrease non-GAAP | -4.6% | Q2 2026 | — |
| Constant currency revenue percent decrease non-GAAP | -1.4% | Q2 2026 | — |
| EBITDA | $46.1M | Q2 2026 | — |
| EBITDA margin | 19.6% | Q2 2026 | — |
| EBITDA, as adjusted non-GAAP | $71.1M | Q2 2026 | — |
| EBITDA, as adjusted for cash payments made to the Company under IP Transit Services Agreement non-GAAP | $71.1M | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net cash provided by (used in) operating activities 3.2M
-422K Changes in operating assets and liabilities
+43.33M Cash interest expense and income tax expense
+25M Cash payments made to the Company under IP Transit Services Agreement
= EBITDA, as adjusted for cash payments made to the Company under IP Transit Services Agreement 71.1M
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| EBITDA, as adjusted margin non-GAAP | 30.2% | Q2 2026 | — |
| Gross leverage ratio | 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 | — |
| IP Network traffic growth (sequential) | 2% | Q2 2026 | — |
| IP Network traffic growth (year-over-year) | 16% | Q2 2026 | — |
| IPv4 Addresses Billed | 15,220,334 | Q2 2026 | — |
| Markets globally served | 308 | Q2 2026 | — |
| Net leverage ratio | 6.75 | As of June 30, 2026 | — |
| Net leverage ratio, adjusted for amounts Due from T-Mobile non-GAAP | 6.23 | As of June 30, 2026 | — |
| Net-centric customer connections under the CSA | 1,803 | As of June 30, 2026 | — |
| Net-centric revenue under the CSA with TMUSA | $0.9M | Q2 2026 | — |
| Non-core customer connections | 2,348 | Q2 2026 | — |
| Non-GAAP Gross Margin non-GAAP | 47% | Q2 2026 | — |
| Non-GAAP Gross Profit non-GAAP | $110.65M | Q2 2026 | — |
GAAP → non-GAAP reconciliationGAAP GAAP Gross Profit 57.6M
+97K Equity-based compensation – network operations expense
+52.95M Depreciation and amortization expense
= Non-GAAP Gross Profit 110.65M
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| Off-net customer connections | 23,033 | Q2 2026 | — |
| On-net buildings | 3,627 | Q2 2026 | — |
| On-net customer connections | 88,013 | Q2 2026 | — |
| Optical wavelength service locations | 1,137 | Q2 2026 | — |
| Total amounts Due from T-Mobile | $151.48M | As of June 30, 2026 | — |
| Total customer connections | 115,839 | Q2 2026 | — |
| Trailing 12 months EBITDA, as adjusted for cash payments from the IP Transit Services Agreement non-GAAP | $291.81M | As of June 30, 2026 | — |
| Wavelength customer connections | 2,445 | Q2 2026 | — |
| Wireline Business employees remaining | 506 | As of June 30, 2026 | — |
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 |
|---|---|---|---|---|---|
|
CCOI
this stock
Cogent Communications Holdings, Inc.
|
$395.39M | -64.2% | -5.8% | — | 11.7% |
|
VZ
Verizon Communications Inc
|
$185.30B | +9.4% | +2.5% | 11.6 | 2.1% |
|
SFTBF
Softbank Group Corp.
|
$171.20B | +4.8% | — | — | 0.2% |
|
TMUS
T-Mobile US, Inc.
|
$167.43B | -22.3% | +8.3% | 16.3 | 1.3% |
|
T
At&T Inc.
|
$158.98B | -5.7% | +2.7% | 7.7 | 1.8% |
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 | -9.9% | -17.1% | -67.1% | -0.9% | -64.2% |
| SPY | -1.2% | -0.6% | +8.1% | +0.8% | +12.8% |
| vs SPY | -8.8% | -16.5% | -75.2% | -1.7% | -77.0% |
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.