Cogent Communications reports third quarter 2026 service revenue of $231.2 million

Cogent Communications reported service revenue of $231.2 million for the third quarter of 2026. The results mark a sequential decline from the second quarter, during which the company recorded $235.6 million in revenue.

Growth was observed within the On-net segment, which encompasses wavelength services. On-net revenue reached $153.9 million, representing a 2.4% increase from the second quarter and a 5.8% rise compared to the same period in 2025.

The figures provide insight into the current performance of the telecommunications provider's core network business. As Cogent manages its service portfolio, the market continues to evaluate the company's ability to drive sustained revenue growth against its infrastructure investment strategy.