vs
Side-by-side financial comparison of COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI) and WESBANCO INC (WSBC). Click either name above to swap in a different company.
WESBANCO INC is the larger business by last-quarter revenue ($257.2M vs $240.5M, roughly 1.1× COGENT COMMUNICATIONS HOLDINGS, INC.). WESBANCO INC runs the higher net margin — 34.5% vs -12.8%, a 47.3% gap on every dollar of revenue. Over the past eight quarters, WESBANCO INC's revenue compounded faster (31.9% 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.
WesBanco, Inc., is a bank holding company headquartered in Wheeling, West Virginia, United States. It has over 200 branches in West Virginia, Ohio, Western Pennsylvania, Kentucky, Maryland, and Southern Indiana.
CCOI vs WSBC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $240.5M | $257.2M |
| Net Profit | $-30.8M | $88.6M |
| Gross Margin | 46.6% | — |
| Operating Margin | -4.7% | — |
| Net Margin | -12.8% | 34.5% |
| Revenue YoY | -4.7% | — |
| Net Profit YoY | 28.9% | 54.4% |
| EPS (diluted) | $-0.63 | $0.88 |
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.
| Q1 26 | — | $257.2M | ||
| Q4 25 | $240.5M | $265.6M | ||
| Q3 25 | $241.9M | $261.6M | ||
| Q2 25 | $246.2M | $260.7M | ||
| Q1 25 | $247.0M | $193.2M | ||
| Q4 24 | $252.3M | $162.9M | ||
| Q3 24 | $257.2M | $150.8M | ||
| Q2 24 | $260.4M | $147.9M |
| Q1 26 | — | $88.6M | ||
| Q4 25 | $-30.8M | $91.1M | ||
| Q3 25 | $-41.5M | $83.6M | ||
| Q2 25 | $-57.8M | $57.4M | ||
| Q1 25 | $-52.0M | $-9.0M | ||
| Q4 24 | $-43.3M | $49.6M | ||
| Q3 24 | $-63.1M | $37.3M | ||
| Q2 24 | $-32.3M | $28.9M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | -4.7% | 43.2% | ||
| Q3 25 | -7.5% | 39.5% | ||
| Q2 25 | -12.8% | 27.2% | ||
| Q1 25 | -16.3% | -5.0% | ||
| Q4 24 | -13.2% | 38.0% | ||
| Q3 24 | -22.5% | 29.7% | ||
| Q2 24 | -18.1% | 23.7% |
| Q1 26 | — | 34.5% | ||
| Q4 25 | -12.8% | 34.3% | ||
| Q3 25 | -17.2% | 31.9% | ||
| Q2 25 | -23.5% | 22.0% | ||
| Q1 25 | -21.1% | -4.7% | ||
| Q4 24 | -17.2% | 30.5% | ||
| Q3 24 | -24.5% | 24.7% | ||
| Q2 24 | -12.4% | 19.5% |
| Q1 26 | — | $0.88 | ||
| Q4 25 | $-0.63 | $0.97 | ||
| Q3 25 | $-0.87 | $0.84 | ||
| Q2 25 | $-1.21 | $0.57 | ||
| Q1 25 | $-1.09 | $-0.15 | ||
| Q4 24 | $-0.89 | $0.72 | ||
| Q3 24 | $-1.33 | $0.54 | ||
| Q2 24 | $-0.68 | $0.44 |
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 | — |
| Total DebtLower is stronger | $1.7B | — |
| Stockholders' EquityBook value | $-63.8M | $4.1B |
| Total Assets | $3.1B | $27.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $148.5M | $956.1M | ||
| Q3 25 | $147.1M | $1.0B | ||
| Q2 25 | $213.7M | $1.2B | ||
| Q1 25 | $153.8M | $1.1B | ||
| Q4 24 | $198.5M | $568.1M | ||
| Q3 24 | $279.2M | $620.9M | ||
| Q2 24 | $384.4M | $486.8M |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $4.1B | ||
| Q4 25 | $-63.8M | $4.0B | ||
| Q3 25 | $-39.2M | $4.1B | ||
| Q2 25 | $46.7M | $3.8B | ||
| Q1 25 | $142.8M | $3.8B | ||
| Q4 24 | $222.8M | $2.8B | ||
| Q3 24 | $323.6M | $2.8B | ||
| Q2 24 | $415.5M | $2.5B |
| Q1 26 | — | $27.5B | ||
| Q4 25 | $3.1B | $27.7B | ||
| Q3 25 | $3.1B | $27.5B | ||
| Q2 25 | $3.3B | $27.6B | ||
| Q1 25 | $3.1B | $27.4B | ||
| Q4 24 | $3.2B | $18.7B | ||
| Q3 24 | $3.2B | $18.5B | ||
| Q2 24 | $3.3B | $18.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.53× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — |
| Free Cash FlowOCF − Capex | $-43.0M | — |
| FCF MarginFCF / Revenue | -17.9% | — |
| Capex IntensityCapex / Revenue | 15.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-198.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-6.0M | $290.4M | ||
| Q3 25 | $3.1M | $116.9M | ||
| Q2 25 | $-44.0M | $105.0M | ||
| Q1 25 | $36.4M | $-26.4M | ||
| Q4 24 | $14.5M | $211.0M | ||
| Q3 24 | $-20.2M | $60.7M | ||
| Q2 24 | $-22.2M | $18.2M |
| Q1 26 | — | — | ||
| Q4 25 | $-43.0M | $280.0M | ||
| Q3 25 | $-33.1M | $114.9M | ||
| Q2 25 | $-100.2M | $98.3M | ||
| Q1 25 | $-21.7M | $-30.7M | ||
| Q4 24 | $-31.6M | $200.7M | ||
| Q3 24 | $-79.5M | $56.9M | ||
| Q2 24 | $-70.9M | $17.3M |
| Q1 26 | — | — | ||
| Q4 25 | -17.9% | 105.4% | ||
| Q3 25 | -13.7% | 43.9% | ||
| Q2 25 | -40.7% | 37.7% | ||
| Q1 25 | -8.8% | -15.9% | ||
| Q4 24 | -12.5% | 123.2% | ||
| Q3 24 | -30.9% | 37.7% | ||
| Q2 24 | -27.2% | 11.7% |
| Q1 26 | — | — | ||
| Q4 25 | 15.4% | 3.9% | ||
| Q3 25 | 15.0% | 0.8% | ||
| Q2 25 | 22.8% | 2.6% | ||
| Q1 25 | 23.5% | 2.2% | ||
| Q4 24 | 18.3% | 6.3% | ||
| Q3 24 | 23.0% | 2.5% | ||
| Q2 24 | 18.7% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.19× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.25× | ||
| Q3 24 | — | 1.63× | ||
| Q2 24 | — | 0.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CCOI
Segment breakdown not available.
WSBC
| Net Interest Income | $215.4M | 84% |
| Noninterest Income | $41.8M | 16% |
