Cogent Communications Q3 2026 net loss narrows 28% year over year to $29.77 million
CCOI•Cogent Communications’ third-quarter 2026 net loss narrowed 28% year over year to $29.77 million, while revenue fell to $231.2 million and wavelength revenue rose 57% to $16 million. The board suspended its dividend program, and two nonbinding letters of intent cover the sale of four data centers for about $100 million in cash.
1. Quarterly results
Cogent Communications’ third-quarter 2026 net loss narrowed 28% year over year to $29.77 million. Revenue fell year over year to $231.2 million, while wavelength revenue climbed 57% to $16 million.
2. Dividend and data centers
The board suspended the dividend program on November 4, 2026. Two nonbinding letters of intent cover the sale of four data centers for approximately $100 million in cash.
