---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-107367"
form_type: "8-K"
ticker: "CCOI"
cik: "0001158324"
company_name: "COGENT COMMUNICATIONS HOLDINGS, INC."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:22:50.870688+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cogent Q3 service revenue $241.9M, down 1.7% QoQ; enters LOI to sell two data centers for $144M

## Summary
- Service revenue $241.9M (-1.7% QoQ, -5.9% YoY); on-net revenue up 2.2% to $135.3M.
- Wavelength revenue surged 92.5% YoY to $10.2M; IPv4 lease revenue up 55.5% to $17.5M.
- GAAP net loss per share improved to $(0.87) from $(1.21) Q2 and $(1.33) Q3 2024; adjusted EBITDA $73.8M (30.5% margin).
- Entered non-binding LOI in Oct 2025 to sell two Sprint-acquired data centers for $144M cash.
- Board approved $0.02/share quarterly dividend; stock buyback program temporarily paused.

## SEC filing metadata
- accession: 0001104659-25-107367
- form_type: 8-K
- ticker: CCOI
- cik: 0001158324
- company_name: COGENT COMMUNICATIONS HOLDINGS, INC.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1158324/000110465925107367/0001104659-25-107367-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1158324/000110465925107367/tm2530118d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-107367
- JSON: https://secwatch.observer/filing/0001104659-25-107367.json
- Plain text: https://secwatch.observer/filing/0001104659-25-107367.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.