Cogent Communications Holdings, Inc. (CCOI)

CCOI Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-182.17	-204.07	1,273	5.15	48.19
Depreciation & Amortization	270.18	298.02	232.21	92.22	89.24
Stock-Based Compensation	26.42	25.74	26.92	24.44	26.82
Other Adjustments	-74.52	-97.98	-1,503	-1.3	-5.21
Change in Receivables	8.88	38.54	-51	-2.84	1.39
Changes in Accounts Payable	-50.41	2.85	-10.91	63.75	0.85
Changes in Other Operating Activities	-8.95	-71.74	49.85	-7.71	9.89
Operating Cash Flow	-10.58	-8.65	17.35	173.71	170.26
Operating Cash Flow Growth	-	-	-90.02%	2.03%	21.34%
Capital Expenditures	-187.57	-195	-129.63	-78.97	-69.92
Payments for Business Acquisitions	-	12.32	2.19	-	-
Other Investing Activities	100	204.17	204.17	-	-
Investing Cash Flow	-87.57	21.49	76.73	-78.97	-69.92
Long-Term Debt Issued	768.32	490.31	-	446.01	496.93
Long-Term Debt Repaid	-505	-	-	-375.35	-459.32
Net Long-Term Debt Issued (Repaid)	263.32	490.31	-	70.66	37.62
Issuance of Common Stock	0.18	2.2	1.23	0.61	1.82
Repurchase of Common Stock	-16.69	-7.97	-	-	-
Net Common Stock Issued (Repurchased)	-16.51	-5.76	1.23	0.61	1.82
Common Dividends Paid	-150.06	-189.41	-181.72	-169.86	-150.29
Other Financing Activities	-33.84	-189.21	-77.36	-46.26	-29.98
Financing Cash Flow	62.9	105.93	-257.85	-144.85	-140.83
Effect of Exchange Rate Changes on Cash and Cash Equivalents	12.44	-4.64	1.65	-2.6	-2.19
Net Cash Flow	-22.8	114.14	-162.13	-52.71	-42.68
Free Cash Flow	-198.15	-203.64	-112.29	94.74	100.34
Free Cash Flow Growth	-	-	-	-5.59%	18.93%
FCF Margin	-20.31%	-19.65%	-11.93%	15.80%	17.01%
Free Cash Flow Per Share	-4.13	-4.28	-2.35	2.01	2.14
Levered Free Cash Flow	104.39	320.37	1,415	145.09	115.86
Unlevered Free Cash Flow	-103.73	-205.77	17.91	274.97	188.08

Updated Feb 20, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q