Financial Statements — CCOI
Balance Sheet
(in billions USD)| Metric | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 0.14 | 0.15 | 0.21 | 0.15 | 0.28 | 0.38 | 0.11 | 0.19 | 0.12 | 0.27 | 0.31 | 0.28 | 0.35 | 0.37 | 0.24 |
| Accounts Receivable | 0.09 | 0.10 | 0.10 | 0.09 | 0.10 | 0.11 | 0.09 | 0.09 | 0.11 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Total Current Assets | 0.43 | 0.48 | 0.56 | 0.42 | 0.57 | 0.69 | 0.58 | 0.71 | 0.47 | 0.41 | 0.44 | 0.40 | 0.44 | 0.45 | 0.32 |
| Property, Plant & Equipment | 1.73 | 1.71 | 1.73 | 1.69 | 1.62 | 1.58 | 1.62 | 1.61 | 1.56 | 0.50 | 0.46 | 0.46 | 0.45 | 0.44 | 0.43 |
| Intangible Assets | -- | -- | -- | -- | -- | -- | 0.05 | 0.06 | -- | -- | -- | -- | -- | -- | -- |
| Total Non-current Assets | 1.73 | 1.76 | 1.78 | 2.23 | 2.19 | 2.15 | 1.79 | 1.66 | 2.14 | 0.50 | 0.46 | 0.46 | 0.45 | 0.44 | 0.43 |
| Total Assets | 3.06 | 3.15 | 3.27 | 3.12 | 3.20 | 3.34 | 2.96 | 3.16 | 3.15 | 1.02 | 1.01 | 0.97 | 1.01 | 1.01 | 0.85 |
| Accounts Payable | 0.04 | 0.03 | 0.05 | 0.06 | 0.05 | 0.04 | 0.03 | 0.03 | 0.05 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Current Liabilities | 0.23 | 0.24 | 0.24 | 0.28 | 0.28 | 0.31 | 0.36 | 0.42 | 0.42 | 0.12 | 0.10 | 0.09 | 0.10 | 0.09 | 0.42 |
| Total Non-current Liabilities* | 2.93 | 2.95 | 2.98 | 2.69 | 2.60 | 2.62 | 2.16 | 2.21 | 2.22 | 1.39 | 1.36 | 1.29 | 1.27 | 1.25 | 0.74 |
| Total Liabilities | 3.16 | 3.19 | 3.22 | 2.98 | 2.88 | 2.93 | 2.52 | 2.62 | 2.64 | 1.51 | 1.45 | 1.38 | 1.37 | 1.35 | 1.16 |
| Retained Earnings | (0.75) | (0.68) | (0.58) | (0.48) | (0.28) | (0.17) | (0.14) | (0.03) | (0.09) | (1.03) | (0.98) | (0.95) | (0.89) | (0.86) | (0.83) |
| Total Stockholder Equity | (0.10) | (0.04) | 0.05 | 0.14 | 0.32 | 0.42 | 0.44 | 0.54 | 0.61 | (0.49) | (0.44) | (0.41) | (0.36) | (0.34) | (0.31) |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Total Revenue | 0.24 | 0.24 | 0.24 | 0.25 | 0.25 | 0.25 | 0.26 | 0.26 | 0.27 | 0.28 | 0.24 | 0.27 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 |
| Cost of Revenue | 0.13 | 0.13 | 0.13 | 0.14 | 0.14 | 0.16 | 0.16 | 0.16 | 0.17 | 0.17 | 0.14 | 0.17 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 |
| Gross Profit* | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.28 | 0.09 | 0.09 | 0.09 | 0.09 | 0.18 | 0.09 |
| Selling, General & Admin | 0.07 | 0.07 | 0.07 | 0.06 | 0.07 | 0.06 | 0.07 | 0.07 | 0.08 | 0.07 | 0.08 | 0.08 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Total Operating Expenses* | 0.12 | 0.12 | 0.13 | 0.14 | 0.15 | 0.13 | 0.15 | 0.15 | 0.17 | 0.15 | 0.14 | 0.16 | 0.07 | 0.19 | 0.06 | 0.06 | 0.05 | 0.06 | 0.13 | 0.06 |
| Operating Income | (0.01) | (0.01) | (0.02) | (0.03) | (0.04) | (0.03) | (0.06) | (0.05) | (0.07) | (0.05) | (0.03) | (0.06) | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.03 | 0.03 | 0.03 |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | 0.03 | 0.02 | 0.03 | 0.02 | 0.00 | 0.02 | 0.01 | 0.04 | 0.02 | 0.02 | 0.01 | 0.02 |
| Pretax Income | (0.05) | (0.05) | (0.05) | (0.07) | (0.07) | (0.06) | (0.08) | (0.04) | 0.18 | (0.07) | 1.10 | (0.08) | 0.01 | (0.01) | 0.02 | 0.00 | 0.03 | 0.02 | -0.00 | 0.03 |
| Tax Provision | (0.01) | (0.02) | (0.01) | (0.02) | (0.02) | (0.01) | (0.02) | (0.01) | (0.02) | (0.01) | (0.02) | (0.02) | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.00 | 0.01 |
| Net Income | (0.04) | (0.03) | (0.04) | (0.06) | (0.05) | (0.04) | (0.06) | (0.10) | 0.20 | (0.06) | 1.20 | (0.07) | 0.00 | (0.01) | 0.01 | 0.00 | 0.02 | 0.01 | -0.00 | 0.02 |
| Basic EPS | (0.83) | (0.63) | (0.87) | (1.21) | (1.09) | (0.89) | (1.33) | (0.68) | 4.11 | (1.20) | 23.84 | (1.38) | 0.02 | (0.17) | 0.24 | 0.02 | 0.40 | 0.29 | (0.05) | -- |
| Diluted EPS | (0.83) | (0.63) | (0.87) | (1.21) | (1.09) | (0.89) | (1.33) | (0.68) | 4.04 | (1.20) | 23.65 | (1.38) | 0.02 | (0.17) | 0.24 | 0.02 | 0.40 | 0.28 | (0.05) | -- |
* Derived from reported values
Cash Flow Statement
(in millions USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Operating Cash Flow | 14.83 | (5.99) | 3.10 | (44.04) | 36.35 | 14.53 | (20.23) | (2.95) | (48.70) | (52.43) | 118.48 | 19.22 | 36.32 | 53.57 | 34.40 | 49.41 | 35.98 | 47.42 | 39.75 | 47.11 |
| Capital Expenditures | 46.24 | 37.03 | 36.25 | 56.20 | 58.09 | 46.10 | 59.24 | 89.65 | 43.61 | 25.37 | 60.65 | 40.88 | 19.59 | 23.97 | 17.29 | 18.12 | 15.30 | 21.96 | 17.22 | 15.44 |
| Free Cash Flow* | (31.40) | (43.02) | (33.15) | (100.24) | (21.74) | (31.57) | (79.47) | (92.60) | (92.31) | (77.80) | 57.82 | (21.66) | 16.73 | 29.60 | 17.11 | 31.29 | 20.69 | 25.46 | 22.53 | 31.66 |
| Investing Cash Flow | (21.24) | (12.03) | (11.25) | (31.20) | (33.09) | (21.10) | (34.24) | 76.84 | 60.12 | 62.13 | (96.47) | 50.95 | (19.59) | (23.97) | (17.29) | (18.12) | (15.30) | (21.96) | (17.22) | (15.44) |
| Financing Cash Flow | (14.65) | (10.83) | (63.00) | 193.75 | (57.01) | (75.14) | (50.98) | 232.05 | (64.73) | (86.04) | (107.08) | (23.55) | (68.30) | (52.50) | 23.48 | (47.53) | (46.27) | (43.68) | 112.79 | (163.67) |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Dividends Per Share | 0.02 | 0.02 | 1.01 | 1.01 | 1.00 | 1.00 | 0.99 | 0.98 | 0.96 | 0.95 | 0.94 | 0.97 | 0.92 | 0.92 | 0.91 | 0.86 | 0.83 | 0.81 | 0.78 | 0.76 |
