COGENT COMMUNICATIONS HOLDINGS, INC.
Close on Oct 19, 2026
- Market cap
- $375.81M
- P/E (TTM)
- –
- Dividend yield
- 39.30%
About Cogent Communications
Communications Services, NEC, SIC 4899
Cogent Communications provides high-speed internet access, private network services, optical wavelength transport, and data center colocation space and power. The company operates an IP network designed for packet-routed data and an optical network providing dedicated wavelength connectivity. Its customer base spans corporate, net-centric, and enterprise clients. Corporate customers include law, financial, advertising, healthcare, and educational firms in multi-tenant office buildings. Net-centric customers consist of internet service providers, telecommunications operators, content delivery networks, and commercial software providers. Enterprise clients include large commercial organizations requiring wide-area connectivity.
Headquartered in Washington, D.C., the company delivers services across 57 countries in North America, Europe, South America, Asia, Oceania, and Africa. Its network connects to 3,579 buildings in 305 metropolitan markets globally, encompassing 1,881 multi-tenant office buildings, 1,715 carrier-neutral data centers, and 187 company data centers. Furthermore, its optical wave network serves 1,068 locations across 150 metropolitan markets in the United States, Mexico, and Canada.
Summary of the business section of Cogent Communications's latest annual report, written by StockData.
Company profile
Company
- Legal name
- COGENT COMMUNICATIONS HOLDINGS, INC.
- Founded
- 1999
- Headquarters
- Washington, DC
- Address
- 2450 N Street, Nw 20037
- Phone
- (202) 295-4200
- Website
- www.cogentco.com
- Employees
- 1,833, Dec 31, 2025
- Industry
- Communications Services, NEC
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst& YoungLLP, Tysons, Virginia
Stock & identifiers
- Ticker
- CCOI
- Exchange
- Nasdaq
- Shares outstanding
- 51M, Jul 31, 2026
- Public float
- $2.20B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 1-for-20 reverse, Mar 24, 2005
- SEC CIK
- 1158324
- CUSIP
- 19239V302
- ISIN
- US19239V3024
- LEI
- 549300KFWFYF8Q1U0Y26
- EIN
- 52-2337274
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Dave Schaeffer | CHAIRMAN, CEO, AND PRESIDENT, Director | 2,868,133 |
| Henry W. Kilmer | VP OF NETWORK STRATEGY | 36,200 |
| Thaddeus Gerard Weed | VICE PRESIDENT, CFO | 193,050 |
| Mark Andrew Harris | VP & Chief Revenue Officer | 110,168 |
| John B. Chang | VP & CHIEF LEGAL OFFICER | 90,717 |
| James Bubeck | CHIEF REVENUE OFFICER | 55,142 |
| Sheryl Lynn Kennedy | Director | 17,135 |
| Lewis H. FERGUSON | Director | 27,984 |
| Marc Montagner | Director | 103,287 |
| Eve N. Howard | Director | 30,751 |
| Deneen C. Howell | Director | 35,775 |
| Steven D. Brooks | Director | 1,278,663 |
| Sa Paul de | Director | 37,237 |
| Blake Bath | Director | 12,606 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Dave Schaeffer | $25.37K | $8.80K | $2.77K | $30 | $115 |
| FY2024 Dave Schaeffer | $12.69K | $12.76K | $2.89K | $114 | $123 |
| FY2023 Dave Schaeffer | $8.84K | $20.48K | $1.34K | $142 | $91 |
| FY2022 Dave Schaeffer | $10.92K | -$2.53K | $1.26K | $100 | $82 |
| FY2021 Dave Schaeffer | $11.50K | $18.76K | $1.04K | $121 | $112 |
| FY2020 Dave Schaeffer | $14.11K | $8.41K | $1.25K | $95 | $110 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 1,833 employees located in 24 different countries in a variety of different roles.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 1, 2023 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 26, 2014 | Name change | Name changed from COGENT COMMUNICATIONS GROUP INC to COGENT COMMUNICATIONS HOLDINGS, INC. |
| Mar 2, 2006 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Aug 15, 2003 | Tender offer | Third-party tender offer for the company's shares |
| Jan 29, 2002 | Listing | Registration of securities on an exchange (Form 8-A) |
| Oct 16, 2001 | Merger | Registration of securities for a merger or exchange offer (S-4) |