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Cogent Communications Holdings CCOI State income taxes – net of federal income tax benefit

State income taxes – net of federal income tax benefit at other companies

ATN International logo
ATN InternationalATNI
-0.9%
ADTRAN Holdings, Inc. logo
ADTRAN Holdings, Inc.ADTN
-1.2%-1.3pp

Other financials

Income statement

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Revenue$239.2M-3.2%
Gross profit$110.0M+0.3%
Operating income-$13.5M+66.5%
Net income-$39.5M+24.0%
EPS (diluted)-$0.83+23.9%

Balance sheet

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Cash & equivalents$140.3M-8.8%
Total debt$970.3M+2.7%
Total equity-$104.2M-173%
Total assets$3.1B-2.1%

Cash flow

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Operating cash flow$14.8M-59.2%
CapEx$46.2M-20.4%
Free cash flow-$31.4M-44.5%

Valuation

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Market cap$659.02M-71.8%
Enterprise value$1.49B-52.5%
P/S0.7×-1.6×

Profitability

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Gross margin45.6%+5.6pp
Operating margin-7.7%-2.8pp
Net margin-17.5%-1.1pp
FCF margin-21.5%+1.7pp

Returns & leverage

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Return on equity-93.6%-103pp
Debt / equity21×+19.1×
Current ratio1.9×+0.4×

Where this comes from

Reported directly by Cogent Communications Holdings in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes.

The official record: Cogent Communications Holdings’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cogent Communications Holdings's state income taxes – net of federal income tax benefit?
Cogent Communications Holdings (CCOI) reported state income taxes – net of federal income tax benefit of 7.1% in Q4 2025.
What does state income taxes – net of federal income tax benefit mean?
Reflects the impact of state and local income taxes on the total tax provision, adjusted for the federal tax benefit associated with deducting these state-level payments. It highlights the geographic tax burden beyond federal requirements.