Cogent Communications Holdings Inc

CCOI: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Cogent Earnings: Operating Performance Remains Very Weak

Michael Hodel

Aug 6, 2026

Cogent delivered a disappointing second quarter. Revenue declined 4.3% year over year and 1.5% sequentially, with weakness across customer types. EBITDA declined from a year ago, and free cash flow was negative, even with the payments from T-Mobile. Data center sales helped the balance sheet.

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Cogent Communications Holdings Inc

Cogent Earnings: Operating Performance Remains Very Weak

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