Cogent Communications Holdings Inc
NASDAQ:CCOI
Income Statement
Earnings Waterfall
Cogent Communications Holdings Inc
Revenue
|
940.9m
USD
|
Cost of Revenue
|
-544.2m
USD
|
Gross Profit
|
396.7m
USD
|
Operating Expenses
|
-507.5m
USD
|
Operating Income
|
-110.8m
USD
|
Other Expenses
|
1.4B
USD
|
Net Income
|
1.3B
USD
|
Income Statement
Cogent Communications Holdings Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
348
N/A
|
356
+2%
|
365
+2%
|
373
+2%
|
380
+2%
|
384
+1%
|
389
+1%
|
396
+2%
|
404
+2%
|
415
+3%
|
427
+3%
|
437
+2%
|
447
+2%
|
456
+2%
|
466
+2%
|
476
+2%
|
485
+2%
|
497
+2%
|
506
+2%
|
513
+1%
|
520
+1%
|
526
+1%
|
531
+1%
|
538
+1%
|
546
+2%
|
553
+1%
|
559
+1%
|
565
+1%
|
568
+1%
|
574
+1%
|
581
+1%
|
587
+1%
|
590
+1%
|
592
+0%
|
593
+0%
|
595
+0%
|
600
+1%
|
604
+1%
|
695
+15%
|
821
+18%
|
941
+15%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(150)
|
(152)
|
(154)
|
(157)
|
(160)
|
(162)
|
(165)
|
(170)
|
(175)
|
(181)
|
(186)
|
(190)
|
(194)
|
(198)
|
(201)
|
(206)
|
(209)
|
(214)
|
(217)
|
(218)
|
(220)
|
(219)
|
(219)
|
(220)
|
(220)
|
(222)
|
(221)
|
(220)
|
(219)
|
(220)
|
(223)
|
(225)
|
(226)
|
(227)
|
(227)
|
(228)
|
(228)
|
(229)
|
(310)
|
(427)
|
(544)
|
|
Gross Profit |
198
N/A
|
205
+3%
|
211
+3%
|
216
+2%
|
220
+2%
|
222
+1%
|
224
+1%
|
226
+1%
|
230
+2%
|
235
+2%
|
240
+2%
|
247
+3%
|
253
+3%
|
258
+2%
|
265
+3%
|
270
+2%
|
276
+2%
|
283
+3%
|
289
+2%
|
296
+2%
|
301
+2%
|
307
+2%
|
312
+2%
|
319
+2%
|
326
+2%
|
331
+2%
|
338
+2%
|
344
+2%
|
349
+1%
|
354
+1%
|
358
+1%
|
362
+1%
|
364
+0%
|
366
+1%
|
366
+0%
|
367
+0%
|
372
+1%
|
375
+1%
|
385
+3%
|
394
+2%
|
397
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(152)
|
(158)
|
(164)
|
(171)
|
(177)
|
(181)
|
(184)
|
(184)
|
(184)
|
(184)
|
(186)
|
(190)
|
(196)
|
(199)
|
(201)
|
(204)
|
(204)
|
(207)
|
(210)
|
(212)
|
(215)
|
(218)
|
(222)
|
(225)
|
(227)
|
(230)
|
(232)
|
(237)
|
(242)
|
(246)
|
(250)
|
(251)
|
(252)
|
(252)
|
(251)
|
(250)
|
(255)
|
(262)
|
(336)
|
(426)
|
(508)
|
|
Selling, General & Administrative |
(87)
|
(92)
|
(97)
|
(103)
|
(108)
|
(111)
|
(114)
|
(114)
|
(113)
|
(113)
|
(114)
|
(117)
|
(121)
|
(123)
|
(125)
|
(128)
|
(128)
|
(130)
|
(132)
|
(132)
|
(134)
|
(136)
|
(141)
|
(144)
|
(147)
|
(151)
|
(152)
|
(156)
|
(159)
|
(160)
|
(162)
|
(162)
|
(162)
|
(162)
|
(160)
|
(159)
|
(163)
|
(168)
|
(212)
|
(238)
|
(275)
|
|
Depreciation & Amortization |
(64)
|
(66)
|
(67)
|
(69)
|
(70)
|
(70)
|
(70)
|
(70)
|
(71)
|
(71)
|
(72)
|
(73)
|
(75)
|
(76)
|
(76)
|
(77)
|
(76)
|
(77)
|
(78)
|
(80)
|
(81)
|
(82)
|
(82)
|
(81)
|
(80)
|
(80)
|
(79)
|
(81)
|
(84)
|
(86)
|
(88)
|
(89)
|
(89)
|
(90)
|
(91)
|
(91)
|
(92)
|
(95)
|
(124)
|
(188)
|
(232)
|
|
Operating Income |
46
N/A
|
47
+2%
|
47
N/A
|
45
-4%
|
43
-4%
|
41
-3%
|
40
-4%
|
42
+6%
|
46
+9%
|
51
+10%
|
54
+7%
|
57
+5%
|
57
0%
|
60
+5%
|
64
+7%
|
66
+3%
|
72
+9%
|
76
+6%
|
79
+4%
|
84
+6%
|
86
+2%
|
89
+4%
|
90
+1%
|
94
+4%
|
99
+6%
|
101
+2%
|
107
+5%
|
107
+1%
|
107
0%
|
107
+0%
|
108
+1%
|
111
+2%
|
112
+1%
|
114
+2%
|
115
+1%
|
118
+2%
|
116
-1%
|
113
-3%
|
49
-56%
|
(32)
N/A
|
(111)
-247%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(39)
|
(41)
|
(45)
|
(47)
|
(49)
|
(49)
|
(45)
|
(43)
|
(40)
|
(39)
|
(40)
|
(39)
|
(40)
|
(41)
|
(42)
|
(43)
|
(45)
|
(45)
|
(46)
|
(46)
|
(45)
|
(46)
|
(46)
|
(42)
|
(48)
|
(49)
|
(53)
|
(79)
|
(96)
|
(79)
|
(83)
|
(57)
|
(33)
|
(64)
|
(43)
|
(71)
|
(76)
|
(62)
|
(86)
|
(67)
|
(58)
|
|
Non-Reccuring Items |
0
|
2
|
5
|
8
|
11
|
10
|
8
|
8
|
7
|
7
|
11
|
9
|
7
|
7
|
5
|
4
|
4
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
(1)
|
(1)
|
(5)
|
(15)
|
(15)
|
(7)
|
(3)
|
(4)
|
(7)
|
(14)
|
(15)
|
(4)
|
(2)
|
(18)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1 156
|
1 152
|
1 406
|
|
Pre-Tax Income |
7
N/A
|
8
+14%
|
7
-15%
|
6
-18%
|
5
-20%
|
2
-53%
|
3
+33%
|
7
+161%
|
13
+74%
|
19
+50%
|
25
+32%
|
26
+3%
|
24
-7%
|
26
+7%
|
26
+1%
|
27
+3%
|
31
+15%
|
33
+7%
|
35
+4%
|
39
+12%
|
41
+6%
|
44
+7%
|
45
+2%
|
53
+17%
|
53
0%
|
53
+0%
|
54
+2%
|
28
-47%
|
10
-64%
|
24
+129%
|
10
-57%
|
39
+280%
|
71
+84%
|
47
-34%
|
69
+46%
|
40
-42%
|
26
-34%
|
35
+34%
|
1 115
+3 050%
|
1 052
-6%
|
1 219
+16%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
50
|
48
|
49
|
48
|
(4)
|
(3)
|
(4)
|
(5)
|
(8)
|
(9)
|
(12)
|
(13)
|
(9)
|
(10)
|
(11)
|
(11)
|
(14)
|
(14)
|
(13)
|
(12)
|
(13)
|
(13)
|
(13)
|
(16)
|
(15)
|
(15)
|
(15)
|
(8)
|
(4)
|
(8)
|
(6)
|
(16)
|
(23)
|
(16)
|
(24)
|
(17)
|
(21)
|
(25)
|
8
|
23
|
54
|
|
Income from Continuing Operations |
57
|
56
|
56
|
54
|
1
|
(1)
|
(1)
|
2
|
5
|
10
|
13
|
14
|
15
|
16
|
16
|
16
|
17
|
20
|
22
|
27
|
29
|
31
|
32
|
37
|
38
|
38
|
39
|
20
|
6
|
16
|
5
|
23
|
49
|
31
|
45
|
23
|
6
|
11
|
1 123
|
1 075
|
1 274
|
|
Net Income (Common) |
57
N/A
|
56
-1%
|
56
-1%
|
54
-4%
|
1
-99%
|
(1)
N/A
|
(1)
-40%
|
2
N/A
|
5
+145%
|
10
+102%
|
13
+34%
|
14
+2%
|
15
+10%
|
16
+5%
|
16
+1%
|
16
+1%
|
6
-63%
|
9
+46%
|
11
+27%
|
15
+41%
|
29
+86%
|
31
+8%
|
32
+2%
|
37
+17%
|
38
+1%
|
38
N/A
|
39
+4%
|
20
-48%
|
6
-69%
|
16
+156%
|
5
-70%
|
23
+381%
|
48
+109%
|
30
-37%
|
44
+45%
|
23
-48%
|
5
-78%
|
10
+100%
|
1 123
+10 909%
|
1 074
-4%
|
1 273
+19%
|
|
EPS (Diluted) |
1.2
N/A
|
1.19
-1%
|
1.19
N/A
|
1.17
-2%
|
0.02
-98%
|
-0.02
N/A
|
-0.03
-50%
|
0.04
N/A
|
0.11
+175%
|
0.23
+109%
|
0.3
+30%
|
0.31
+3%
|
0.33
+6%
|
0.35
+6%
|
0.36
+3%
|
0.36
N/A
|
0.13
-64%
|
0.18
+38%
|
0.23
+28%
|
0.33
+43%
|
0.63
+91%
|
0.68
+8%
|
0.69
+1%
|
0.81
+17%
|
0.81
N/A
|
0.81
N/A
|
0.84
+4%
|
0.43
-49%
|
0.13
-70%
|
0.34
+162%
|
0.11
-68%
|
0.5
+355%
|
1.03
+106%
|
0.65
-37%
|
0.94
+45%
|
0.49
-48%
|
0.12
-76%
|
0.23
+92%
|
23.64
+10 178%
|
22.75
-4%
|
26.63
+17%
|