Cogent Q2 2026 service revenue $235.6M, down 1.5% QoQ; sells 10 data centers for $224.2M gain

COGENT COMMUNICATIONS HOLDINGS, INC.

Service revenue $235.6M, down 1.5% sequentially and 4.3% YoY; on-net revenue up 0.7% QoQ to $150.2M.
Sold ten owned data centers for net proceeds $224.2M, recording a $130.7M gain in Q2 2026.
EBITDA as adjusted $71.1M, margin 30.2% vs 29.3% prior quarter; net leverage declined to 6.23.
Purchased $20.4M par of 2032 secured notes at discount; additional $118.4M purchased in July 2026.
Board approved $0.02/share quarterly dividend, payable Sept 4, 2026 to holders of record Aug 21.

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