Welcome to our dedicated page for Cogent Communications Hldgs In SEC filings (Ticker: CCOI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Cogent Communications Holdings, Inc. (NASDAQ: CCOI) SEC filings page on Stock Titan provides access to the company’s official regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Cogent is a facilities-based, multinational Tier 1 ISP that reports under the Securities Exchange Act of 1934, with its common stock registered and listed on the NASDAQ Global Select Market.
Investors can review Cogent’s current reports on Form 8-K, where the company discloses material events such as quarterly financial results, changes to its stock repurchase program, and leadership transitions. Recent 8-K filings have referenced press releases summarizing service revenue, on-net and off-net revenue, wavelength revenue, non-core revenue, EBITDA and adjusted EBITDA, as well as announcements regarding the resumption of its common stock buyback program and executive retirements and appointments.
Cogent’s periodic filings, including annual reports on Form 10-K and quarterly reports on Form 10-Q, provide more detailed information on its business as a facilities-based provider of low-cost, high-speed Internet access and private network services, its all-optical IP network, and its customer segments such as corporate and netcentric customers. These reports also describe agreements related to its acquisition of the Sprint business, including the IP Transit Services Agreement with T-Mobile and commercial colocation and connectivity arrangements.
Through Stock Titan, users can access Cogent’s filings as they are made available on EDGAR, along with AI-powered summaries that highlight key points from lengthy documents. This includes explanations of revenue breakdowns, capital structure elements like senior secured notes offerings and redemptions, and board decisions on dividends and buybacks. The filings page also facilitates review of insider transaction reports on Form 4 and proxy statements on Schedule 14A, where applicable, providing additional context on executive roles, compensation frameworks, and governance matters.
By using the Cogent filings page, investors and researchers can quickly locate the company’s core SEC documents and rely on AI-generated insights to interpret complex financial, operational, and legal disclosures without reading every line of each filing.
Morgan Stanley Smith Barney LLC filed a Form 144 reporting a proposed sale of 4,850 restricted common shares (listed as "Restricted Stock") with a related date of 03/01/2026. The filing also shows a prior sale of 7,300 common shares on 12/11/2025 for $175,127.00.
Cogent Communications Holdings, Inc. Vice President and CFO Thaddeus Gerard Weed reported an open-market sale of 4,850 shares of common stock at $22.63 per share. After this transaction, he directly holds 202,750 shares of Cogent Communications common stock.
CCOI: A reporting person submitted a Form 144 indicating proposed sales of common stock with broker RBC DOMINION SECURITIES INC. (181 Bay St, Toronto) on NASDAQ. The filing lists planned issuer stock items of 930, 1,254, and 1,116 shares tied to director compensation on 10/01/2024, 01/01/2025, and 04/01/2025, respectively, and shows a filing reference date of 03/05/2026.
Form 144 filing: A reporting person submitted notice to sell 2,400 common shares of Charles Schwab Corp. tied to RSU vesting on 03/01/2026.
The excerpt also discloses prior open-market sales of 4,800 common shares on 12/08/2025 for $94,991.20. The filing lists a broker/market designation of NASDAQ and a filing date of 03/05/2026.
Cogent Communications Holdings, Inc. reports on its business for the year ended December 31, 2025, highlighting a global, facilities-based Internet and optical transport platform centered on low-cost, high-speed connectivity.
The company now operates through Cogent Infrastructure and Cogent Communications Group, following the acquisition of Sprint’s long-haul fiber assets (the Cogent Fiber Business). This added approximately 23,500 route miles of U.S. fiber, 1.9 million square feet of facilities and 9.9 million IPv4 addresses, which have been partially transferred into its legacy operating structure.
Cogent funds its network and data center expansion with a mix of unsecured and secured debt, including $750.0 million of 7.00% senior unsecured notes due 2027, $600.0 million of 6.50% senior secured notes due 2032, and $380.4 million of secured IPv4 address revenue notes. Strategy focuses on growing corporate, net-centric and large enterprise customers, expanding wavelength services across 1,068 wave-enabled locations, leasing IPv4 addresses (15.3 million of roughly 38 million owned as of December 31, 2025) and monetizing surplus data center and IP resources.
Cogent Communications Holdings, Inc. reported lower service revenue but stronger profitability for Q4 and full year 2025. Q4 2025 service revenue was $240.5 million, down 0.6% sequentially and 4.7% year over year. Full-year 2025 service revenue was $975.8 million versus $1,036.1 million in 2024, with constant-currency revenue down 6.3%.
Profitability improved markedly. GAAP gross profit rose to $170.6 million in 2025, with GAAP gross margin increasing from 9.3% to 17.5%. Non‑GAAP gross profit reached $442.7 million and non‑GAAP gross margin improved to 45.4%. EBITDA increased from $122.8 million in 2024 to $192.8 million in 2025, and Q4 2025 EBITDA margin was 21.5%.
Despite these gains, Cogent posted a 2025 net loss of $182.2 million, or $3.80 per share, compared with a $204.1 million loss in 2024. Net cash used in operating activities was $10.6 million for 2025. Leverage remained high, with a year‑end 2025 net leverage ratio of 7.34x and 6.64x when adjusted for amounts due from T‑Mobile.
The business mix continued to shift. Wavelength revenue grew to $38.5 million in 2025, more than double 2024, and wavelength customer connections increased sharply to 2,064 as of December 31, 2025. Off‑net revenue fell 12.5% to $397.5 million and non‑core revenue dropped to $8.3 million, reflecting the phase‑out of legacy services.
Cogent’s IP Transit Services Agreement with T‑Mobile remained an important cash contributor. Cash payments under this agreement totaled $100.0 million in 2025, down from $204.2 million in 2024. Revenue recognized under a related commercial agreement with T‑Mobile was $2.6 million for 2025.
The company continued its shareholder return program but at a reduced level going forward. It paid four quarterly dividends in 2025 totaling $150.1 million, or $3.05 per share, which are expected to be treated primarily as a return of capital for U.S. federal income tax purposes. On February 18, 2026, the board approved a regular quarterly dividend of $0.02 per share for Q1 2026, payable March 20, 2026 to shareholders of record on March 6, 2026.
Turtle Creek Asset Management Inc., a Canadian investment adviser, reported a passive ownership stake in Cogent Communications Holdings, Inc. common stock. Turtle Creek beneficially owns 4,036,847 shares, representing 8.2% of Cogent’s common stock as of the event on 12/31/2025.
The shares are held for unit holders of mutual funds managed by Turtle Creek, and no underlying investor is known to hold more than 5% of the class. Turtle Creek certifies the position was acquired and is held in the ordinary course of business, without the purpose or effect of changing or influencing control of Cogent.
BlackRock, Inc. has updated its ownership disclosure for Cogent Communications Holdings, Inc. common stock. As of 12/31/2025, BlackRock reports beneficial ownership of 7,068,397 shares, representing 14.4% of Cogent’s outstanding common stock. BlackRock has sole voting power over 6,977,171 of these shares and sole dispositive power over the full 7,068,397 shares, with no shared voting or dispositive power reported.
The filing notes that these holdings reflect positions of certain BlackRock business units, and that other BlackRock units with disaggregated reporting are not included. It also highlights that iShares Core S&P Small-Cap ETF holds more than five percent of Cogent’s outstanding common stock. BlackRock certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Cogent.
Cogent Communications Holdings, Inc. updated its leadership compensation by amending CEO David Schaeffer’s employment agreement and granting new equity awards. The amendment extends his term through December 31, 2028, sets a $1 million annual salary, and caps his target annual cash incentive at $1.25 million, based on year-over-year EBITDA growth, with no bonus if EBITDA growth is zero or negative.
For each of 2026, 2027 and 2028, the Board will grant 229,657 time-vesting restricted shares and 321,520 performance-vesting restricted shares, with the 2026 grants made on December 31, 2025 and described as having values of $5 million and $7 million, respectively. Time-vesting shares generally vest between 2029 and later years, while performance shares depend on EBITDA compound annual growth over three-year periods. The company also granted 100,000 restricted shares each to its CFO, Chief Legal Officer and Chief Revenue Officer as retention awards vesting on January 1, 2029.
Cogent Communications Holdings, Inc. reported an insider stock sale by its vice president and CFO. On 12/11/2025, the officer sold 7,300 shares of Cogent common stock at a price of $23.99 per share. After this transaction, the reporting person directly beneficially owns 88,200 shares of Cogent common stock, as disclosed in a Form 4 filed for a single reporting person.