Cogent Communications Holdings (CCOI) Gross Margin (2016 - 2024)
Cogent Communications Holdings (CCOI) has disclosed Gross Margin for 15 consecutive years, with 40.04% as the latest value for Q2 2024.
- Quarterly Gross Margin fell 262.0% to 40.04% in Q2 2024 from the year-ago period, while the trailing twelve-month figure was 37.32% through Jun 2024, down 1805.0% year-over-year, with the annual reading at 45.18% for FY2025, 712.0% up from the prior year.
- Gross Margin for Q2 2024 was 40.04% at Cogent Communications Holdings, up from 36.53% in the prior quarter.
- The five-year high for Gross Margin was 62.51% in Q4 2022, with the low at 35.85% in Q4 2023.
- Average Gross Margin over 5 years is 55.21%, with a median of 61.68% recorded in 2021.
- The sharpest move saw Gross Margin surged 214bps in 2020, then tumbled -2666bps in 2023.
- Over 5 years, Gross Margin stood at 61.9% in 2020, then dropped by 0bps to 61.67% in 2021, then grew by 1bps to 62.51% in 2022, then tumbled by -43bps to 35.85% in 2023, then rose by 12bps to 40.04% in 2024.
- According to Business Quant data, Gross Margin over the past three periods came in at 40.04%, 36.53%, and 35.85% for Q2 2024, Q1 2024, and Q4 2023 respectively.