COGENT COMMUNICATIONS HOLDINGS, INC.(CCOI)Stock Analysis
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Rank #2,283 of 2,879 stocks
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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
CCOI Stock Analysis & AI Quality Score
AI stock analysis and institutional research for COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI), a Communication Services sector company. 13F Pro's AI-powered ranking engine scores CCOI at 32.2/100 on a 32-signal composite quality model, placing it at rank #2,283 of 2,879 stocks — the bottom half of the AI-ranked universe. CCOI scores in the top quartile across institutional flow (89.9). Areas of concern include free cash flow (14.5) and profitability (15.2), which score below median versus the broader universe. Shareholder dilution risk is elevated at 35.8/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), COGENT COMMUNICATIONS HOLDINGS, INC. reports quarterly revenue of $239.2M, net income of $-39.5M, free cash flow of $-31.4M. Top institutional holders of CCOI by reported 13-F value include Turtle Creek Asset Management, BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. CCOI trades on the Nasdaq exchange and files with the SEC under CIK 1158324. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CCOI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for COGENT COMMUNICATIONS HOLDINGS, INC. directly from SEC EDGAR. COGENT COMMUNICATIONS HOLDINGS, INC.'s 13F Pro composite quality score has ranged between 23 and 32 since 2026, currently 32.2 — an improving long-term trajectory across 8 quarterly and live scoring snapshots.
Revenue
Q1 2026
$239.2M
Net Income
Q1 2026
$-39.5M
Free Cash Flow
Q1 2026
$-31.4M
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-5.8% YoYNet Income
+10.7% YoYOperating Income
+48.9% YoYEPS (Diluted)
+11.2% YoYTotal Assets
-2.3% YoYTotal Debt
+18.8% YoYOp. Cash Flow
-22.4% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $975.8M -5.8% | $1.04B +10.1% | $940.9M +56.9% | $599.6M +1.7% | $589.8M +3.8% | $568.1M |
| Net Income | $-182.2M +10.7% | $-204.1M -116.0% | $1.27B | — | — | — |
| Operating Income | $-101.1M +48.9% | $-197.6M -52.8% | $-129.3M -213.5% | $114.0M -4.4% | $119.2M +11.5% | $106.9M |
| EPS (Diluted) | $-3.80 +11.2% | $-4.28 -116.1% | $26.62 +24100.0% | $0.11 -89.3% | $1.03 +692.3% | $0.13 |
| Total Assets | $3.10B -2.3% | $3.17B -1.2% | $3.21B +217.9% | $1.01B +2.6% | $984.6M -1.6% | $1.00B |
| Total Debt | $1.73B +18.8% | $1.46B +53.3% | $950.0M +0.0% | $950.0M +5.8% | $897.8M +1.8% | $882.0M |
| Operating Cash Flow | $-10.6M -22.4% | $-8.6M -149.8% | $17.3M -90.0% | $173.7M +2.0% | $170.3M +21.3% | $140.3M |
AI Insight: CCOI Financial Trends
Cogent faces declining revenue and deteriorating equity position, with shareholders' equity turning negative in Q3 2025.
• Revenue declined from $257M in Q3 2024 to $239M in Q1 2026, representing a 7% drop over six quarters.
• Total equity deteriorated from $416M in Q2 2024 to negative $104M in Q1 2026.
• Operating income improved from $-40M in Q1 2025 to $-14M in Q1 2026, showing reduced losses.
⚠ Operating cash flow remains volatile, swinging from $36M in Q1 2025 to negative $44M in Q2 2025.
⚠ Total debt increased from $1,456M in Q4 2024 to $1,730M in Q4 2025.
AI Insight: CCOI Ratio Trends
Operating margin improved from -22.5% in Q3 2024 to -5.7% in Q1 2026, though company remains unprofitable across all metrics.
• Operating margin steadily recovered from -22.5% in Q3 2024 to -5.7% in Q1 2026.
• ROIC improved dramatically from -71.5% in Q3 2024 to -2.7% in Q4 2025.
• Net profit margin remained deeply negative at -16.5% in Q1 2026.
⚠ Operating margin deteriorated from -4.7% in Q4 2025 to -5.7% in Q1 2026.
⚠ Company has posted negative operating margins for at least seven consecutive quarters.
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Available Research
13F Pro tracks comprehensive data for COGENT COMMUNICATIONS HOLDINGS, INC. including:
Top Institutional Holders of CCOI
Turtle Creek Asset Management Inc.
$155.5M8,252,844 shBlackRock, Inc.
$133.3M7,075,372 shVANGUARD PORTFOLIO MANAGEMENT LLC
$51.8M2,748,759 shEdgePoint Investment Group Inc.
$43.0M2,283,378 shSTATE STREET CORP
$42.8M2,273,265 shVANGUARD CAPITAL MANAGEMENT LLC
$40.0M2,120,531 shPark West Asset Management LLC
$36.5M1,935,201 shMORGAN STANLEY
$35.5M1,883,072 shNewtyn Management, LLC
$30.1M1,600,000 shTyro Capital Management LLC
$30.1M1,600,000 sh
| Fund | Value | Shares |
|---|---|---|
| Turtle Creek Asset Management Inc. | $155.5M | 8,252,844 |
| BlackRock, Inc. | $133.3M | 7,075,372 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $51.8M | 2,748,759 |
| EdgePoint Investment Group Inc. | $43.0M | 2,283,378 |
| STATE STREET CORP | $42.8M | 2,273,265 |
| VANGUARD CAPITAL MANAGEMENT LLC | $40.0M | 2,120,531 |
| Park West Asset Management LLC | $36.5M | 1,935,201 |
| MORGAN STANLEY | $35.5M | 1,883,072 |
| Newtyn Management, LLC | $30.1M | 1,600,000 |
| Tyro Capital Management LLC | $30.1M | 1,600,000 |
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Popular Research
Is CCOI a good stock to buy?
13F Pro's AI-powered analysis of COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Communication Services sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for CCOI are available on the CCOI stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own CCOI?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling CCOI. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of COGENT COMMUNICATIONS HOLDINGS, INC.'s investment landscape.