📊 CCOI Key Takeaways
Is Cogent Communications Holdings, Inc.. (CCOI) a Good Investment?
Cogent Communications is in severe financial distress with negative stockholders equity (-$104.2M), indicating technical insolvency. The company is burning cash (negative FCF of -$31.4M) while carrying $1.7B in debt that operating income cannot service (interest coverage of -0.1x). Declining revenue (-5.8% YoY) combined with unprofitability and inability to generate positive free cash flow creates unsustainable fundamentals.
Cogent Communications shows materially weak fundamentals: revenue is shrinking, operating and net margins are deeply negative, and both operating cash flow and free cash flow are meaningfully below zero. The balance sheet adds further risk, with negative stockholders' equity, high long-term debt, and negative interest coverage, leaving little margin for execution missteps despite acceptable near-term liquidity.
Cogent Communications Holdings, Inc.. Key Strengths (CCOI)
- Positive operating cash flow of $14.8M provides near-term liquidity buffer
- Current ratio of 1.90x indicates adequate short-term liquidity position
- Maintains revenue base of $239.2M despite declining trend
- Current and quick ratios of 2.04x indicate decent short-term liquidity
- Revenue scale remains substantial at $975.77M
- Diluted EPS improved 11.2% year over year
CCOI Stock Risks: Cogent Communications Holdings, Inc.. Investment Risks
- Negative stockholders equity of -$104.2M indicates balance sheet insolvency
- Negative free cash flow of -$31.4M shows company is burning cash unsustainably
- Interest coverage ratio of -0.1x means operating income cannot service $1.7B debt burden
- Revenue declining at -5.8% YoY with no path to profitability visible
- High financial distress risk; potential covenant violations or restructuring needed
- Limited equity cushion for operational or market disruptions
- Revenue declined 5.8% year over year, pointing to weakening growth quality
- Negative operating cash flow and free cash flow suggest the business is not self-funding
- Negative stockholders' equity, $1.73B of long-term debt, and -0.8x interest coverage indicate elevated balance-sheet stress
Key Metrics to Watch
- Quarterly operating cash flow trend and sustainability
- Free cash flow trajectory and cash burn rate
- Revenue stabilization or continued decline
- Debt refinancing activity and covenant compliance
- Operating income return to positive territory
- Operating cash flow and free cash flow trend
- Revenue growth and operating margin improvement
Cogent Communications Holdings, Inc.. (CCOI) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Cogent Communications Holdings, Inc.. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
CCOI Profit Margin, ROE & Profitability Analysis
CCOI vs Telecom Sector: How Cogent Communications Holdings, Inc.. Compares
How Cogent Communications Holdings, Inc.. compares to Telecom sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Cogent Communications Holdings, Inc.. Stock Overvalued? CCOI Valuation Analysis 2026
Based on fundamental analysis, Cogent Communications Holdings, Inc.. has mixed fundamental signals relative to the Telecom sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Cogent Communications Holdings, Inc.. Balance Sheet: CCOI Debt, Cash & Liquidity
CCOI Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Cogent Communications Holdings, Inc..'s revenue has grown significantly by 76% over the 5-year period, indicating strong business expansion. The most recent EPS of $26.62 reflects profitable operations.
CCOI Revenue Growth, EPS Growth & YoY Performance
CCOI Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $239.2M | -$39.5M | $-0.83 |
| Q3 2025 | $241.9M | -$41.5M | $-0.87 |
| Q2 2025 | $246.2M | -$32.3M | $-0.68 |
| Q1 2025 | $247.0M | N/A | $-1.09 |
| Q3 2024 | $257.2M | N/A | $-1.20 |
| Q2 2024 | $239.8M | N/A | $-0.68 |
| Q3 2023 | $150.0M | N/A | $0.09 |
| Q2 2023 | $148.5M | N/A | $0.24 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Cogent Communications Holdings, Inc.. Dividends, Buybacks & Capital Allocation
CCOI SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Cogent Communications Holdings, Inc.. (CIK: 0001158324)
📋 Recent SEC Filings
❓ Frequently Asked Questions about CCOI
What is the AI rating for CCOI?
Cogent Communications Holdings, Inc.. (CCOI) has a Combined AI Grade of D from Claude (D) and ChatGPT (D) with 92% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are CCOI's key strengths?
Claude: Positive operating cash flow of $14.8M provides near-term liquidity buffer. Current ratio of 1.90x indicates adequate short-term liquidity position. ChatGPT: Current and quick ratios of 2.04x indicate decent short-term liquidity. Revenue scale remains substantial at $975.77M.
What are the risks of investing in CCOI?
Claude: Negative stockholders equity of -$104.2M indicates balance sheet insolvency. Negative free cash flow of -$31.4M shows company is burning cash unsustainably. ChatGPT: Revenue declined 5.8% year over year, pointing to weakening growth quality. Negative operating cash flow and free cash flow suggest the business is not self-funding.
What is CCOI's revenue and growth?
Cogent Communications Holdings, Inc.. reported revenue of $239.2M.
Does CCOI pay dividends?
Cogent Communications Holdings, Inc.. pays dividends, with $1.3M distributed to shareholders in the trailing twelve months.
Where can I find CCOI SEC filings?
Official SEC filings for Cogent Communications Holdings, Inc.. (CIK: 0001158324) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CCOI's EPS?
Cogent Communications Holdings, Inc.. has a diluted EPS of $-0.83.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is CCOI's fundamental grade?
Based on our AI fundamental analysis in June 2026, Cogent Communications Holdings, Inc.. has a D grade with 92% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is CCOI stock overvalued or undervalued?
Valuation metrics for CCOI: ROE of N/A (sector avg: 15%), net margin of -16.5% (sector avg: 14%). Compare these metrics with sector averages to assess valuation.
What is CCOI's AI grade for 2026?
Our dual AI analysis gives Cogent Communications Holdings, Inc.. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is CCOI's free cash flow?
Cogent Communications Holdings, Inc..'s operating cash flow is $14.8M, with capital expenditures of $46.2M. FCF margin is -13.1%.
How does CCOI compare to other Telecom stocks?
Vs Telecom sector averages: Net margin -16.5% (avg: 14%), ROE N/A (avg: 15%), current ratio 1.90 (avg: 1).