Dave Schaefer
Chairman and Chief Executive Officer, Cogent Communications Holdings
Replay available
Cogent Communications Holdings, Inc. (NASDAQ: CCOI) Q4 2025 earnings conference call, held 2026-02-20. Replay captured from the company's public earnings webcast.

Chairman and Chief Executive Officer, Cogent Communications Holdings
Chief Financial Officer, Cogent Communications Holdings
Analyst, UBS
Analyst, Bank of America
Analyst, JP Morgan
Analyst, KeyBank Capital Markets
Analyst, Bank of America
Analyst, New Street Research
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WEBVTT 00:00:01.533 -- 00:00:05.359 Good morning and welcome to the Cogent Communication Holdings fourth quarter and full 00:00:05.359 -- 00:00:10.667 year 2035 earnings conference call. As a reminder, this conference call is being recorded 00:00:10.667 -- 00:00:14.690 and it will be available for replay at www.cogent.com. 00:00:15.874 -- 00:00:19.520 A transcript of this conference call will be posted in Cogent's website when it becomes 00:00:19.520 -- 00:00:24.127 available. Cogent's summary of financial and operational results attached to its press 00:00:24.127 -- 00:00:27.251 release can be downloaded from the Cogent website. 00:00:27.251 -- 00:00:29.154 I would now like to turn the call over to Mr. 00:00:29.154 -- 00:00:33.769 Dave Schaefer. Chairman and Chief Executive Officer of Cogent Communications Holdings. 00:00:33.769 -- 00:00:35.311 Please go ahead. 00:00:35.311 -- 00:00:38.454 Hey, thank you and good morning to everyone. 00:00:38.454 -- 00:00:43.620 Welcome to our fourth quarter 2025 and full year 2025 conference 00:00:43.620 -- 00:00:49.126 call. I'm Dave Schaefer, Cogent's CEO, and with me on today's call 00:00:49.126 -- 00:00:52.910 is Tad Weed, our Chief Financial Officer. 00:00:52.910 -- 00:00:58.739 I'd like to highlight a few key events and significant matters in the quarter. 00:00:58.739 -- 00:01:03.988 I'd like to be able to go through these metrics to help you understand 00:01:03.988 -- 00:01:09.697 better our business. We are continuing to increase our margins. 00:01:09.697 -- 00:01:14.946 Our increase in gross margin and EBITDA margins have been driven by cost 00:01:14.946 -- 00:01:20.796 reductions and a rotation to more profitable on-net products. 00:01:20.796 -- 00:01:23.866 In the third quarter of 2023, 00:01:23.866 -- 00:01:29.332 The f...