Growth Metrics

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

Cogent Communications Holdings (CCOI) has disclosed Operating Income for 15 consecutive years, with -$47.1 million as the latest value for Q2 2024.

  • Quarterly Operating Income fell 36.24% to -$47.1 million in Q2 2024 from the year-ago period, while the trailing twelve-month figure was -$225.6 million through Jun 2024, down 600.0% year-over-year, with the annual reading at -$101.1 million for FY2025, 48.85% up from the prior year.
  • Operating Income for Q2 2024 was -$47.1 million at Cogent Communications Holdings, up from -$59.4 million in the prior quarter.
  • The five-year high for Operating Income was $36.2 million in Q4 2021, with the low at -$68.5 million in Q4 2023.
  • Average Operating Income over 5 years is $5.8 million, with a median of $26.8 million recorded in 2021.
  • The sharpest move saw Operating Income surged 32.07% in 2021, then crashed 350.73% in 2023.
  • Over 5 years, Operating Income stood at $27.4 million in 2020, then skyrocketed by 32.07% to $36.2 million in 2021, then decreased by 24.48% to $27.3 million in 2022, then plummeted by 350.73% to -$68.5 million in 2023, then skyrocketed by 31.16% to -$47.1 million in 2024.
  • According to Business Quant data, Operating Income over the past three periods came in at -$47.1 million, -$59.4 million, and -$68.5 million for Q2 2024, Q1 2024, and Q4 2023 respectively.