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Side-by-side financial comparison of COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI) and MATTHEWS INTERNATIONAL CORP (MATW). Click either name above to swap in a different company.

MATTHEWS INTERNATIONAL CORP is the larger business by last-quarter revenue ($284.8M vs $240.5M, roughly 1.2× COGENT COMMUNICATIONS HOLDINGS, INC.). MATTHEWS INTERNATIONAL CORP runs the higher net margin — 15.3% vs -12.8%, a 28.1% gap on every dollar of revenue. On growth, COGENT COMMUNICATIONS HOLDINGS, INC. posted the faster year-over-year revenue change (-4.7% vs -29.1%). COGENT COMMUNICATIONS HOLDINGS, INC. produced more free cash flow last quarter ($-43.0M vs $-57.2M).

Cogent Communications Holdings, Inc. is a multinational internet service provider based in the United States. Cogent's primary services consist of Internet access and data transport, offered on a fiber optic, IP data-only network, along with colocation in data centers.

Matthews Aurora Funeral Solutions is one of the largest manufacturers of caskets and funerary urns in the United States, selling over 38% of the country's caskets as of 2005. The Aurora, Indiana–based company is a subsidiary of Pittsburgh-based Matthews International. The company makes both wooden and metal caskets and urns for holding cremated remains. It also provides supplies and consulting services for funeral homes.

CCOI vs MATW — Head-to-Head

Bigger by revenue
MATW
MATW
1.2× larger
MATW
$284.8M
$240.5M
CCOI
Growing faster (revenue YoY)
CCOI
CCOI
+24.5% gap
CCOI
-4.7%
-29.1%
MATW
Higher net margin
MATW
MATW
28.1% more per $
MATW
15.3%
-12.8%
CCOI
More free cash flow
CCOI
CCOI
$14.2M more FCF
CCOI
$-43.0M
$-57.2M
MATW

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CCOI
CCOI
MATW
MATW
Revenue
$240.5M
$284.8M
Net Profit
$-30.8M
$43.6M
Gross Margin
46.6%
35.0%
Operating Margin
-4.7%
34.2%
Net Margin
-12.8%
15.3%
Revenue YoY
-4.7%
-29.1%
Net Profit YoY
28.9%
1356.6%
EPS (diluted)
$-0.63
$1.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CCOI
CCOI
MATW
MATW
Q4 25
$240.5M
$284.8M
Q3 25
$241.9M
Q2 25
$246.2M
Q1 25
$247.0M
Q4 24
$252.3M
Q3 24
$257.2M
Q2 24
$260.4M
Q1 24
$266.2M
Net Profit
CCOI
CCOI
MATW
MATW
Q4 25
$-30.8M
$43.6M
Q3 25
$-41.5M
Q2 25
$-57.8M
Q1 25
$-52.0M
Q4 24
$-43.3M
Q3 24
$-63.1M
Q2 24
$-32.3M
Q1 24
$-65.3M
Gross Margin
CCOI
CCOI
MATW
MATW
Q4 25
46.6%
35.0%
Q3 25
45.6%
Q2 25
44.2%
Q1 25
44.4%
Q4 24
38.5%
Q3 24
37.2%
Q2 24
40.0%
Q1 24
36.5%
Operating Margin
CCOI
CCOI
MATW
MATW
Q4 25
-4.7%
34.2%
Q3 25
-7.5%
Q2 25
-12.8%
Q1 25
-16.3%
Q4 24
-13.2%
Q3 24
-22.5%
Q2 24
-18.1%
Q1 24
-22.3%
Net Margin
CCOI
CCOI
MATW
MATW
Q4 25
-12.8%
15.3%
Q3 25
-17.2%
Q2 25
-23.5%
Q1 25
-21.1%
Q4 24
-17.2%
Q3 24
-24.5%
Q2 24
-12.4%
Q1 24
-24.5%
EPS (diluted)
CCOI
CCOI
MATW
MATW
Q4 25
$-0.63
$1.39
Q3 25
$-0.87
Q2 25
$-1.21
Q1 25
$-1.09
Q4 24
$-0.89
Q3 24
$-1.33
Q2 24
$-0.68
Q1 24
$-1.38

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CCOI
CCOI
MATW
MATW
Cash + ST InvestmentsLiquidity on hand
$148.5M
$31.4M
Total DebtLower is stronger
$1.7B
$529.8M
Stockholders' EquityBook value
$-63.8M
$543.2M
Total Assets
$3.1B
$1.6B
Debt / EquityLower = less leverage
0.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCOI
CCOI
MATW
MATW
Q4 25
$148.5M
$31.4M
Q3 25
$147.1M
Q2 25
$213.7M
Q1 25
$153.8M
Q4 24
$198.5M
Q3 24
$279.2M
Q2 24
$384.4M
Q1 24
$118.4M
Total Debt
CCOI
CCOI
MATW
MATW
Q4 25
$1.7B
$529.8M
Q3 25
Q2 25
Q1 25
Q4 24
$1.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
CCOI
CCOI
MATW
MATW
Q4 25
$-63.8M
$543.2M
Q3 25
$-39.2M
Q2 25
$46.7M
Q1 25
$142.8M
Q4 24
$222.8M
Q3 24
$323.6M
Q2 24
$415.5M
Q1 24
$500.6M
Total Assets
CCOI
CCOI
MATW
MATW
Q4 25
$3.1B
$1.6B
Q3 25
$3.1B
Q2 25
$3.3B
Q1 25
$3.1B
Q4 24
$3.2B
Q3 24
$3.2B
Q2 24
$3.3B
Q1 24
$3.1B
Debt / Equity
CCOI
CCOI
MATW
MATW
Q4 25
0.98×
Q3 25
Q2 25
Q1 25
Q4 24
6.53×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CCOI
CCOI
MATW
MATW
Operating Cash FlowLast quarter
$-6.0M
$-52.0M
Free Cash FlowOCF − Capex
$-43.0M
$-57.2M
FCF MarginFCF / Revenue
-17.9%
-20.1%
Capex IntensityCapex / Revenue
15.4%
1.8%
Cash ConversionOCF / Net Profit
-1.19×
TTM Free Cash FlowTrailing 4 quarters
$-198.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCOI
CCOI
MATW
MATW
Q4 25
$-6.0M
$-52.0M
Q3 25
$3.1M
Q2 25
$-44.0M
Q1 25
$36.4M
Q4 24
$14.5M
Q3 24
$-20.2M
Q2 24
$-22.2M
Q1 24
$19.2M
Free Cash Flow
CCOI
CCOI
MATW
MATW
Q4 25
$-43.0M
$-57.2M
Q3 25
$-33.1M
Q2 25
$-100.2M
Q1 25
$-21.7M
Q4 24
$-31.6M
Q3 24
$-79.5M
Q2 24
$-70.9M
Q1 24
$-21.7M
FCF Margin
CCOI
CCOI
MATW
MATW
Q4 25
-17.9%
-20.1%
Q3 25
-13.7%
Q2 25
-40.7%
Q1 25
-8.8%
Q4 24
-12.5%
Q3 24
-30.9%
Q2 24
-27.2%
Q1 24
-8.1%
Capex Intensity
CCOI
CCOI
MATW
MATW
Q4 25
15.4%
1.8%
Q3 25
15.0%
Q2 25
22.8%
Q1 25
23.5%
Q4 24
18.3%
Q3 24
23.0%
Q2 24
18.7%
Q1 24
15.4%
Cash Conversion
CCOI
CCOI
MATW
MATW
Q4 25
-1.19×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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