Cogent reports Q1 2026 revenue of $239.2M with 12.3% growth in wavelength services and declares $0.02 dividend.

Cogent Communications reported Q1 2026 service revenue of $239.2 million, a slight decline from the previous quarter and year, but wavelength service revenue surged 12.3% sequentially and 90.8% year-over-year. EBITDA adjusted for IP Transit payments was $70.2 million with a margin of 29.3%, reflecting improved profitability. The company approved a quarterly dividend of $0.02 per share for Q2 2026, signaling confidence despite modest revenue declines. Cogent continues expanding its network and customer connections, particularly in wavelength services, positioning for future growth.