
Cogent Communications Holdings, Inc.
CCOIFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
1,036
Cost of Revenue
642
Gross Profit
394
Gross Margin
38.1%
Operating Income
-198
Operating Margin
-19.1%
Net Income
-204
Net Margin
-19.7%
EPS (Basic)
$-4.28
EPS (Diluted)
$-4.30
EBITDA
162
EBITDA Margin
15.6%
2023
12/31/2023
Revenue
941
Cost of Revenue
544
Gross Profit
397
Gross Margin
42.2%
Operating Income
-129
Operating Margin
-13.7%
Net Income
1,273
Net Margin
135.3%
EPS (Basic)
$26.88
EPS (Diluted)
$26.62
EBITDA
1,558
EBITDA Margin
165.6%
2022
12/31/2022
Revenue
600
Cost of Revenue
228
Gross Profit
371
Gross Margin
61.9%
Operating Income
114
Operating Margin
19.0%
Net Income
5
Net Margin
0.9%
EPS (Basic)
$0.11
EPS (Diluted)
$0.11
EBITDA
229
EBITDA Margin
38.2%
2021
12/31/2021
Revenue
590
Cost of Revenue
226
Gross Profit
363
Gross Margin
61.6%
Operating Income
119
Operating Margin
20.2%
Net Income
48
Net Margin
8.2%
EPS (Basic)
$1.04
EPS (Diluted)
$1.03
EBITDA
219
EBITDA Margin
37.1%
2020
12/31/2020
Revenue
568
Cost of Revenue
219
Gross Profit
349
Gross Margin
61.4%
Operating Income
107
Operating Margin
18.8%
Net Income
6
Net Margin
1.1%
EPS (Basic)
$0.14
EPS (Diluted)
$0.13
EBITDA
156
EBITDA Margin
27.5%