Filing Flows › Cogent Communications Holdings (CCOI) › How it makes money
How Cogent Communications Holdings (CCOI) makes money
Cogent Communications Holdings (CCOI) made $230M of revenue in the third quarter 2026 (Q3 2026), -4% from a year earlier. On-net brought in $138M (60%); Off-net brought in $76.6M (33%); Wavelength brought in $16.0M (7%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| On-net | $138M | 59.8% | +2% | +2% |
| Off-net | $76.6M | 33.2% | -9% | -19% |
| Wavelength | $16.0M | 6.9% | +8% | +57% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $230M | 100.0% |
| Operating cash flow | $3.8M | 1.6% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $231M | -4% |
| Q2 2026 | $236M | -4% |
| Q1 2026 | $239M | -3% |
| Q4 2025 | $241M | -5% |
| Q3 2025 | $242M | -6% |
| Q2 2025 | $246M | -6% |
| Q1 2025 | $247M | -7% |
From Cogent Communications Holdings' 10-Q filed Nov 5, 2026 (on EDGAR).
Questions
How does Cogent Communications Holdings make money?
Cogent Communications Holdings (CCOI) made $230M of revenue in the third quarter 2026 (Q3 2026), -4% from a year earlier. On-net brought in $138M (60%); Off-net brought in $76.6M (33%); Wavelength brought in $16.0M (7%).
What is Cogent Communications Holdings' biggest business?
On-net: $138M in the third quarter 2026, 60% of revenue, +2% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.