Cogent Communications Holdings (CCOI) Gross Margin (2016 - 2023)
Historic Gross Margin for Cogent Communications Holdings (CCOI) over the last 14 years, with Q4 2023 value amounting to 35.87%.
- Cogent Communications Holdings' Gross Margin fell 266400.0% to 35.87% in Q4 2023 from the same period last year, while for Dec 2023 it was 42.16%, marking a year-over-year decrease of 197900.0%. This contributed to the annual value of 42.16% for FY2023, which is 197900.0% down from last year.
- Per Cogent Communications Holdings' latest filing, its Gross Margin stood at 35.87% for Q4 2023, which was down 266400.0% from 36.97% recorded in Q3 2023.
- Cogent Communications Holdings' 5-year Gross Margin high stood at 62.51% for Q4 2022, and its period low was 35.87% during Q4 2023.
- In the last 5 years, Cogent Communications Holdings' Gross Margin had a median value of 61.58% in 2022 and averaged 57.81%.
- As far as peak fluctuations go, Cogent Communications Holdings' Gross Margin skyrocketed by 22700bps in 2019, and later crashed by -266400bps in 2023.
- Over the past 5 years, Cogent Communications Holdings' Gross Margin (Quarter) stood at 60.09% in 2019, then rose by 3bps to 61.9% in 2020, then dropped by 0bps to 61.68% in 2021, then rose by 1bps to 62.51% in 2022, then crashed by -43bps to 35.87% in 2023.
- Its Gross Margin was 35.87% in Q4 2023, compared to 36.97% in Q3 2023 and 42.66% in Q2 2023.