vs
Side-by-side financial comparison of COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI) and Tecnoglass Inc. (TGLS). Click either name above to swap in a different company.
Tecnoglass Inc. is the larger business by last-quarter revenue ($245.3M vs $240.5M, roughly 1.0× COGENT COMMUNICATIONS HOLDINGS, INC.). Tecnoglass Inc. runs the higher net margin — 10.6% vs -12.8%, a 23.4% gap on every dollar of revenue. On growth, Tecnoglass Inc. posted the faster year-over-year revenue change (2.4% vs -4.7%). Tecnoglass Inc. produced more free cash flow last quarter ($11.4M vs $-43.0M). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% 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.
Tecnoglass Inc. is a leading manufacturer of high-performance architectural glass, aluminum windows, doors, and associated building components. It primarily caters to residential and commercial construction sectors across North America and Latin America, offering custom, energy-efficient solutions for new construction and renovation projects.
CCOI vs TGLS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $240.5M | $245.3M |
| Net Profit | $-30.8M | $26.1M |
| Gross Margin | 46.6% | 40.0% |
| Operating Margin | -4.7% | 18.3% |
| Net Margin | -12.8% | 10.6% |
| Revenue YoY | -4.7% | 2.4% |
| Net Profit YoY | 28.9% | -44.5% |
| EPS (diluted) | $-0.63 | $0.57 |
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 | $245.3M | ||
| Q3 25 | $241.9M | $260.5M | ||
| Q2 25 | $246.2M | $255.5M | ||
| Q1 25 | $247.0M | $222.3M | ||
| Q4 24 | $252.3M | $239.6M | ||
| Q3 24 | $257.2M | $238.3M | ||
| Q2 24 | $260.4M | $219.7M | ||
| Q1 24 | $266.2M | $192.6M |
| Q4 25 | $-30.8M | $26.1M | ||
| Q3 25 | $-41.5M | $47.2M | ||
| Q2 25 | $-57.8M | $44.1M | ||
| Q1 25 | $-52.0M | $42.2M | ||
| Q4 24 | $-43.3M | $47.0M | ||
| Q3 24 | $-63.1M | $49.5M | ||
| Q2 24 | $-32.3M | $35.0M | ||
| Q1 24 | $-65.3M | $29.7M |
| Q4 25 | 46.6% | 40.0% | ||
| Q3 25 | 45.6% | 42.7% | ||
| Q2 25 | 44.2% | 44.7% | ||
| Q1 25 | 44.4% | 43.9% | ||
| Q4 24 | 38.5% | 44.5% | ||
| Q3 24 | 37.2% | 45.8% | ||
| Q2 24 | 40.0% | 40.8% | ||
| Q1 24 | 36.5% | 38.8% |
| Q4 25 | -4.7% | 18.3% | ||
| Q3 25 | -7.5% | 25.1% | ||
| Q2 25 | -12.8% | 24.0% | ||
| Q1 25 | -16.3% | 26.7% | ||
| Q4 24 | -13.2% | 28.0% | ||
| Q3 24 | -22.5% | 28.4% | ||
| Q2 24 | -18.1% | 23.3% | ||
| Q1 24 | -22.3% | 21.3% |
| Q4 25 | -12.8% | 10.6% | ||
| Q3 25 | -17.2% | 18.1% | ||
| Q2 25 | -23.5% | 17.3% | ||
| Q1 25 | -21.1% | 19.0% | ||
| Q4 24 | -17.2% | 19.6% | ||
| Q3 24 | -24.5% | 20.8% | ||
| Q2 24 | -12.4% | 15.9% | ||
| Q1 24 | -24.5% | 15.4% |
| Q4 25 | $-0.63 | $0.57 | ||
| Q3 25 | $-0.87 | $1.01 | ||
| Q2 25 | $-1.21 | $0.94 | ||
| Q1 25 | $-1.09 | $0.90 | ||
| Q4 24 | $-0.89 | $1.00 | ||
| Q3 24 | $-1.33 | $1.05 | ||
| Q2 24 | $-0.68 | $0.75 | ||
| Q1 24 | $-1.38 | $0.63 |
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 | $104.1M |
| Total DebtLower is stronger | $1.7B | $174.4M |
| Stockholders' EquityBook value | $-63.8M | $713.1M |
| Total Assets | $3.1B | $1.3B |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $148.5M | $104.1M | ||
| Q3 25 | $147.1M | $127.1M | ||
| Q2 25 | $213.7M | $140.9M | ||
| Q1 25 | $153.8M | $160.2M | ||
| Q4 24 | $198.5M | $137.5M | ||
| Q3 24 | $279.2M | $124.8M | ||
| Q2 24 | $384.4M | $129.5M | ||
| Q1 24 | $118.4M | $138.8M |
| Q4 25 | $1.7B | $174.4M | ||
| Q3 25 | — | $114.7M | ||
| Q2 25 | — | $110.6M | ||
| Q1 25 | — | $110.6M | ||
| Q4 24 | $1.5B | $111.1M | ||
| Q3 24 | — | $126.8M | ||
| Q2 24 | — | $144.7M | ||
| Q1 24 | — | $160.9M |
| Q4 25 | $-63.8M | $713.1M | ||
| Q3 25 | $-39.2M | $764.0M | ||
| Q2 25 | $46.7M | $736.0M | ||
| Q1 25 | $142.8M | $685.1M | ||
| Q4 24 | $222.8M | $631.2M | ||
| Q3 24 | $323.6M | $613.3M | ||
| Q2 24 | $415.5M | $574.8M | ||
| Q1 24 | $500.6M | $573.6M |
| Q4 25 | $3.1B | $1.3B | ||
| Q3 25 | $3.1B | $1.2B | ||
| Q2 25 | $3.3B | $1.2B | ||
| Q1 25 | $3.1B | $1.1B | ||
| Q4 24 | $3.2B | $1.0B | ||
| Q3 24 | $3.2B | $996.3M | ||
| Q2 24 | $3.3B | $942.5M | ||
| Q1 24 | $3.1B | $981.6M |
| Q4 25 | — | 0.24× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.16× | ||
| Q4 24 | 6.53× | 0.18× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.25× | ||
| Q1 24 | — | 0.28× |
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 | $31.0M |
| Free Cash FlowOCF − Capex | $-43.0M | $11.4M |
| FCF MarginFCF / Revenue | -17.9% | 4.7% |
| Capex IntensityCapex / Revenue | 15.4% | 8.0% |
| Cash ConversionOCF / Net Profit | — | 1.19× |
| TTM Free Cash FlowTrailing 4 quarters | $-198.1M | $34.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.0M | $31.0M | ||
| Q3 25 | $3.1M | $40.0M | ||
| Q2 25 | $-44.0M | $17.9M | ||
| Q1 25 | $36.4M | $46.9M | ||
| Q4 24 | $14.5M | $61.1M | ||
| Q3 24 | $-20.2M | $41.5M | ||
| Q2 24 | $-22.2M | $34.5M | ||
| Q1 24 | $19.2M | $33.4M |
| Q4 25 | $-43.0M | $11.4M | ||
| Q3 25 | $-33.1M | $21.2M | ||
| Q2 25 | $-100.2M | $-14.7M | ||
| Q1 25 | $-21.7M | $16.5M | ||
| Q4 24 | $-31.6M | $35.4M | ||
| Q3 24 | $-79.5M | $17.8M | ||
| Q2 24 | $-70.9M | $14.2M | ||
| Q1 24 | $-21.7M | $23.6M |
| Q4 25 | -17.9% | 4.7% | ||
| Q3 25 | -13.7% | 8.2% | ||
| Q2 25 | -40.7% | -5.7% | ||
| Q1 25 | -8.8% | 7.4% | ||
| Q4 24 | -12.5% | 14.8% | ||
| Q3 24 | -30.9% | 7.5% | ||
| Q2 24 | -27.2% | 6.5% | ||
| Q1 24 | -8.1% | 12.2% |
| Q4 25 | 15.4% | 8.0% | ||
| Q3 25 | 15.0% | 7.2% | ||
| Q2 25 | 22.8% | 12.7% | ||
| Q1 25 | 23.5% | 13.7% | ||
| Q4 24 | 18.3% | 10.7% | ||
| Q3 24 | 23.0% | 9.9% | ||
| Q2 24 | 18.7% | 9.2% | ||
| Q1 24 | 15.4% | 5.1% |
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 0.85× | ||
| Q2 25 | — | 0.41× | ||
| Q1 25 | — | 1.11× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 0.84× | ||
| Q2 24 | — | 0.98× | ||
| Q1 24 | — | 1.13× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CCOI
Segment breakdown not available.
TGLS
| Product Sales | $164.2M | 67% |
| Fixed Price Contracts | $81.1M | 33% |
| Related Party | $692.0K | 0% |
