On-Net was Cogent Communications Holdings’s largest region in fiscal 2020, bringing in $330.92M of $461.80M (72%).
| Geography | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 |
|---|---|---|---|---|---|
| On-Net | $278.71M | $299.02M | $319.33M | $330.92M | |
| Off-Net | $122.68M | $128.51M | $131.82M | $129.88M | |
| Non-Core | $1.64M | $1.21M | $897.00K | $995.00K | |
| Total | $403.03M | $428.74M | $452.04M | $461.80M |
Cogent Communications Holdings brought in $461.80M from its three regions in fiscal 2020, the year ended December 31, 2020. That was up 2.2% from $452.04M in fiscal 2019. On-Net was the largest at $330.92M (71.7%), ahead of Off-Net at $129.88M (28.1%) and Non-Core at $995.00K (0.2%).
Compared with fiscal 2019, On-Net grew 3.6% to $330.92M, while Off-Net fell 1.5% to $129.88M. From fiscal 2017 to 2020, combined revenue from these regions grew from $403.03M to $461.80M, a compound annual growth rate of 4.6%. On-Net's share of the total rose from 69.2% to 71.7%.
North America was Cogent Communications Holdings’s largest region in fiscal 2020, bringing in $330.92M of $420.45M (79%).
| Geography | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | $402.19M | $299.02M | $319.33M | $330.92M | ||||||||
| Service Revenue | — | — | — | — | ||||||||
| Sales Revenue, Services, Net | — | — | — | — | ||||||||
| Europe | $82.98M | $72.96M | $72.32M | $79.57M | ||||||||
| Oceania | — | — | — | $7.78M | ||||||||
| Asia Pacific | $1.49M | $3.14M | $5.39M | — | ||||||||
| South America | — | $14.00K | $503.00K | $2.10M | ||||||||
| Africa | — | — | — | $72.00K | ||||||||
| Total | $486.66M | $375.13M | $397.55M | $420.45M |
Cogent Communications Holdings brought in $420.45M from its five regions in fiscal 2020, the year ended December 31, 2020. That is less than the $461.80M it reports by geography, so these regions do not cover all of its revenue. North America was the largest at $330.92M (78.7%), ahead of Europe at $79.57M (18.9%) and Oceania at $7.78M (1.9%). The other two regions brought in $2.18M combined.
Compared with fiscal 2019, Europe grew 10.0% to $79.57M and North America grew 3.6% to $330.92M. Some of that change comes from Cogent Communications Holdings regrouping its regions.
Cogent Communications Holdings began breaking out Oceania in fiscal 2020, South America in fiscal 2018 and Africa in fiscal 2020. Cogent Communications Holdings stopped reporting Asia Pacific as a separate region after fiscal 2019, when it brought in $5.39M.
Cogent Communications Holdings (CCOI) reports its revenue by geography. In fiscal 2020, On-Net was its largest region, bringing in $330.92M (71.7% of the total), followed by Off-Net at $129.88M (28.1%).
On-Net was Cogent Communications Holdings' largest region in fiscal 2020, bringing in $330.92M, or 71.7% of the $461.80M total across its three regions.
On-Net grew faster than Off-Net in fiscal 2020, up 3.6% from $319.33M to $330.92M. Off-Net fell 1.5% to $129.88M.
Every figure comes from Cogent Communications Holdings' annual financial filings, as reported. Each line keeps the name Cogent Communications Holdings gives it, and years follow its fiscal calendar.
Cogent Communications Holdings' revenue by geography goes back to fiscal 2016, with figures through fiscal 2020. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.