vs
Side-by-side financial comparison of COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI) and PARK NATIONAL CORP (PRK). Click either name above to swap in a different company.
COGENT COMMUNICATIONS HOLDINGS, INC. is the larger business by last-quarter revenue ($240.5M vs $168.3M, roughly 1.4× PARK NATIONAL CORP). PARK NATIONAL CORP runs the higher net margin — 25.3% vs -12.8%, a 38.1% gap on every dollar of revenue. On growth, PARK NATIONAL CORP posted the faster year-over-year revenue change (2.2% vs -4.7%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $-43.0M). Over the past eight quarters, PARK NATIONAL CORP's revenue compounded faster (4.9% CAGR vs -4.9%).
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.
National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.
CCOI vs PRK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $240.5M | $168.3M |
| Net Profit | $-30.8M | $42.6M |
| Gross Margin | 46.6% | — |
| Operating Margin | -4.7% | — |
| Net Margin | -12.8% | 25.3% |
| Revenue YoY | -4.7% | 2.2% |
| Net Profit YoY | 28.9% | 10.4% |
| EPS (diluted) | $-0.63 | $2.62 |
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.
| Q4 25 | $240.5M | $168.3M | ||
| Q3 25 | $241.9M | $169.5M | ||
| Q2 25 | $246.2M | $168.7M | ||
| Q1 25 | $247.0M | $157.9M | ||
| Q4 24 | $252.3M | $164.7M | ||
| Q3 24 | $257.2M | $170.3M | ||
| Q2 24 | $260.4M | $157.7M | ||
| Q1 24 | $266.2M | $152.8M |
| Q4 25 | $-30.8M | $42.6M | ||
| Q3 25 | $-41.5M | $47.2M | ||
| Q2 25 | $-57.8M | $48.1M | ||
| Q1 25 | $-52.0M | $42.2M | ||
| Q4 24 | $-43.3M | $38.6M | ||
| Q3 24 | $-63.1M | $38.2M | ||
| Q2 24 | $-32.3M | $39.4M | ||
| Q1 24 | $-65.3M | $35.2M |
| Q4 25 | 46.6% | — | ||
| 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% | — |
| Q4 25 | -4.7% | — | ||
| Q3 25 | -7.5% | 34.3% | ||
| Q2 25 | -12.8% | 35.2% | ||
| Q1 25 | -16.3% | 32.4% | ||
| Q4 24 | -13.2% | — | ||
| Q3 24 | -22.5% | 27.4% | ||
| Q2 24 | -18.1% | 30.6% | ||
| Q1 24 | -22.3% | 27.8% |
| Q4 25 | -12.8% | 25.3% | ||
| Q3 25 | -17.2% | 27.8% | ||
| Q2 25 | -23.5% | 28.5% | ||
| Q1 25 | -21.1% | 26.7% | ||
| Q4 24 | -17.2% | 23.5% | ||
| Q3 24 | -24.5% | 22.4% | ||
| Q2 24 | -12.4% | 25.0% | ||
| Q1 24 | -24.5% | 23.0% |
| Q4 25 | $-0.63 | $2.62 | ||
| Q3 25 | $-0.87 | $2.92 | ||
| Q2 25 | $-1.21 | $2.97 | ||
| Q1 25 | $-1.09 | $2.60 | ||
| Q4 24 | $-0.89 | $2.38 | ||
| Q3 24 | $-1.33 | $2.35 | ||
| Q2 24 | $-0.68 | $2.42 | ||
| Q1 24 | $-1.38 | $2.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $148.5M | $233.5M |
| Total DebtLower is stronger | $1.7B | — |
| Stockholders' EquityBook value | $-63.8M | $1.4B |
| Total Assets | $3.1B | $9.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $148.5M | $233.5M | ||
| Q3 25 | $147.1M | $218.9M | ||
| Q2 25 | $213.7M | $193.1M | ||
| Q1 25 | $153.8M | $237.6M | ||
| Q4 24 | $198.5M | $160.6M | ||
| Q3 24 | $279.2M | $201.7M | ||
| Q2 24 | $384.4M | $261.5M | ||
| Q1 24 | $118.4M | $306.1M |
| Q4 25 | $1.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-63.8M | $1.4B | ||
| Q3 25 | $-39.2M | $1.3B | ||
| Q2 25 | $46.7M | $1.3B | ||
| Q1 25 | $142.8M | $1.3B | ||
| Q4 24 | $222.8M | $1.2B | ||
| Q3 24 | $323.6M | $1.2B | ||
| Q2 24 | $415.5M | $1.2B | ||
| Q1 24 | $500.6M | $1.2B |
| Q4 25 | $3.1B | $9.8B | ||
| Q3 25 | $3.1B | $9.9B | ||
| Q2 25 | $3.3B | $9.9B | ||
| Q1 25 | $3.1B | $9.9B | ||
| Q4 24 | $3.2B | $9.8B | ||
| Q3 24 | $3.2B | $9.9B | ||
| Q2 24 | $3.3B | $9.9B | ||
| Q1 24 | $3.1B | $9.9B |
| Q4 25 | — | — | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-6.0M | $198.3M |
| Free Cash FlowOCF − Capex | $-43.0M | $191.9M |
| FCF MarginFCF / Revenue | -17.9% | 114.1% |
| Capex IntensityCapex / Revenue | 15.4% | 3.8% |
| Cash ConversionOCF / Net Profit | — | 4.65× |
| TTM Free Cash FlowTrailing 4 quarters | $-198.1M | $328.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.0M | $198.3M | ||
| Q3 25 | $3.1M | $52.6M | ||
| Q2 25 | $-44.0M | $49.7M | ||
| Q1 25 | $36.4M | $37.9M | ||
| Q4 24 | $14.5M | $178.8M | ||
| Q3 24 | $-20.2M | $43.8M | ||
| Q2 24 | $-22.2M | $50.9M | ||
| Q1 24 | $19.2M | $35.0M |
| Q4 25 | $-43.0M | $191.9M | ||
| Q3 25 | $-33.1M | $51.1M | ||
| Q2 25 | $-100.2M | $48.4M | ||
| Q1 25 | $-21.7M | $36.8M | ||
| Q4 24 | $-31.6M | $169.7M | ||
| Q3 24 | $-79.5M | $41.7M | ||
| Q2 24 | $-70.9M | $49.0M | ||
| Q1 24 | $-21.7M | $31.9M |
| Q4 25 | -17.9% | 114.1% | ||
| Q3 25 | -13.7% | 30.1% | ||
| Q2 25 | -40.7% | 28.7% | ||
| Q1 25 | -8.8% | 23.3% | ||
| Q4 24 | -12.5% | 103.0% | ||
| Q3 24 | -30.9% | 24.5% | ||
| Q2 24 | -27.2% | 31.1% | ||
| Q1 24 | -8.1% | 20.8% |
| Q4 25 | 15.4% | 3.8% | ||
| Q3 25 | 15.0% | 0.9% | ||
| Q2 25 | 22.8% | 0.8% | ||
| Q1 25 | 23.5% | 0.7% | ||
| Q4 24 | 18.3% | 5.6% | ||
| Q3 24 | 23.0% | 1.2% | ||
| Q2 24 | 18.7% | 1.2% | ||
| Q1 24 | 15.4% | 2.1% |
| Q4 25 | — | 4.65× | ||
| Q3 25 | — | 1.11× | ||
| Q2 25 | — | 1.03× | ||
| Q1 25 | — | 0.90× | ||
| Q4 24 | — | 4.63× | ||
| Q3 24 | — | 1.14× | ||
| Q2 24 | — | 1.29× | ||
| Q1 24 | — | 0.99× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
