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Cogent Communications Holdings (CCOI) Operating Expenses (2016 - 2024)

Cogent Communications Holdings (CCOI) has disclosed Operating Expenses for 15 consecutive years, with $8.7 million as the latest value for Q3 2024.

  • Quarterly Operating Expenses fell 97.33% to $8.7 million in Q3 2024 from the year-ago period, while the trailing twelve-month figure was $8.7 million through Jun 2025, down 99.33% year-over-year, with the annual reading at $1.1 billion for FY2025, 12.73% down from the prior year.
  • Operating Expenses for Q3 2024 was $8.7 million at Cogent Communications Holdings, down from $310.9 million in the prior quarter.
  • The five-year high for Operating Expenses was $340.6 million in Q4 2023, with the low at $8.7 million in Q3 2024.
  • Average Operating Expenses over 5 years is $165.3 million, with a median of $120.5 million recorded in 2021.
  • The sharpest move saw Operating Expenses surged 173.18% in 2023, then crashed 97.33% in 2024.
  • Over 5 years, Operating Expenses stood at $116.5 million in 2020, then increased by 1.61% to $118.4 million in 2021, then increased by 5.29% to $124.7 million in 2022, then surged by 173.18% to $340.6 million in 2023, then tumbled by 97.45% to $8.7 million in 2024.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $8.7 million, $310.9 million, and $325.6 million for Q3 2024, Q2 2024, and Q1 2024 respectively.