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Cogent Communications Holdings CCOI Capital Lease Obligations Incurred

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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:CapitalLeaseObligationsIncurred.

The official record: Cogent Communications Holdings’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cogent Communications Holdings's capital lease obligations incurred?
Cogent Communications Holdings (CCOI) reported capital lease obligations incurred of $32.97M in Q1 2026.
How has Cogent Communications Holdings's capital lease obligations incurred changed year-over-year?
Cogent Communications Holdings's capital lease obligations incurred decreased by 15.4% year-over-year, from $38.96M to $32.97M.
What is the long-term trend for Cogent Communications Holdings's capital lease obligations incurred?
Over 4 years (2021 to 2025), Cogent Communications Holdings's capital lease obligations incurred has grown at a 33.1% compound annual growth rate (CAGR), from $50.83M to $159.43M.
What does capital lease obligations incurred mean?
Represents the total value of new capital or finance lease obligations entered into by the company during the reporting period. This metric provides insight into the company's investment in long-term assets, such as network infrastructure or equipment, without immediate cash outlay. It is essential for assessing the company's growth strategy and the extent to which it relies on leasing to expand its operational capacity.