Cogent Communications (CCOI) revenue breakdown

· Market cap $428M

By product, On-net is the largest at 54% of fiscal 2025 revenue; Off-net grew fastest, 14% a year over 9 years.

By region, North America is the largest at 84% of fiscal 2025 revenue, growing 9% a year over 9 years.

Revenue by product

Fiscal years, as Cogent Communications reports them in its 10-K filings; fiscal 2025 total $976M.

Products2016201720182019202020212022202320242025Share
On-net$324M$346M$375M$397M$419M$443M$453M$513M$545M$532M 54%
Off-net$122M$138M$145M$149M$148M$146M$146M$393M$454M$397M 41%
Wavelength———————$6M$19M$38M 4%
Non-core$961,000$838,000$634,000$475,000$521,000$576,000$673,000$29M$18M$8M 1%

Revenue by region

Fiscal years, as Cogent Communications reports them in its 10-K filings; fiscal 2025 total $976M.

Regions2016201720182019202020212022202320242025Share
North America$373M$402M$428M$452M$461M$468M$479M$803M$888M$820M 84%
Europe$73M$81M$89M$89M$97M$106M$99M$108M$116M$122M 13%
Oceania$792,000$1M$3M$5M$8M$11M$15M$21M$23M$25M 3%
South America——$14,000$503,000$2M$4M$6M$8M$8M$9M 1%
Africa————$72,000$507,000$804,000$786,000$642,000$588,000 0%
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Questions

Where does Cogent Communications make its money?

In fiscal 2025, by product: On-net $532M, Off-net $397M, Wavelength $38M, Non-core $8M.

From Cogent Communications's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.