Revenue
$92.15M
Fiscal year ended 2026-03-31Operating income
-$10.47M
Fiscal year ended 2026-03-31Free cash flow
-$51.45M
Fiscal year ended 2026-03-31SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN) reported revenue of $92.15M and net income of -$15.75M for the fiscal year ended 2026-03-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from SHENANDOAH TELECOMMUNICATIONS CO/VA/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Telephone Communications (No Radiotelephone).
Income
| Metric | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $92.15M | $91.59M | $89.80M | $88.57M | $87.90M | $85.41M | $87.60M | $85.80M | $69.25M | $67.91M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | -$10.47M | -$873.00K | -$7.16M | -$9.11M | -$6.09M | -$5.75M | -$4.18M | -$15.88M | -$2.78M | $563.00K |
| Net income | -$15.75M | -$5.37M | -$9.39M | -$9.05M | -$9.13M | -$2.74M | -$5.26M | -$12.87M | $214.70M | $2.59M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 55.55M | Unavailable | shares 55.15M | shares 55.10M | shares 54.96M | Unavailable | shares 54.78M | shares 54.73M | shares 50.52M | Unavailable |
| Pretax income | -$19.86M | -$7.14M | -$12.36M | -$12.10M | -$10.25M | -$8.09M | -$6.85M | -$17.97M | -$5.12M | -$182.00K |
| Income tax expense | -$4.11M | -$1.77M | -$2.97M | -$3.05M | -$1.12M | -$1.90M | -$1.54M | -$5.20M | -$1.03M | -$2.04M |
| Diluted EPS | $-0.31 | Unavailable | $-0.20 | $-0.19 | $-0.19 | Unavailable | $-0.13 | $-0.24 | $4.25 | Unavailable |
| Selling, general & administrative | $33.39M | $27.66M | $29.79M | $29.74M | $30.99M | $28.97M | $28.01M | $30.24M | $27.98M | $25.28M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $43.77M | $27.26M | $22.62M | $29.08M | $87.55M | $46.27M | $43.10M | $43.78M | $389.74M | $139.26M |
| Total assets | $1.95B | $1.91B | $1.85B | $1.81B | $1.83B | $1.74B | $1.69B | $1.66B | $1.45B | $1.21B |
| Current assets | $114.22M | $97.44M | $67.99M | $83.35M | $134.46M | $94.52M | $97.51M | $99.52M | $426.17M | $176.07M |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $101.56M | $108.50M | $135.40M | $114.94M | $111.99M | $114.57M | $123.13M | $112.09M | $91.03M | $98.36M |
| Total equity incl. NCI | $866.96M | $880.78M | $892.68M | $901.96M | $910.47M | $918.58M | $925.36M | $933.08M | $871.64M | $652.67M |
| Temporary (mezzanine) equity | $90.08M | $88.51M | $86.96M | $85.43M | $83.94M | $82.46M | $81.02M | $79.38M | $0 | $0 |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $24.76M | $31.50M | $25.31M | $34.55M | $29.75M | $29.72M | $32.53M | $29.64M | $18.23M | $19.78M |
| Goodwill | $67.54M | $67.54M | Unavailable | Unavailable | Unavailable | $67.06M | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $693.89M | $628.24M | $524.02M | $501.61M | $504.20M | $407.68M | $335.93M | $288.57M | $290.72M | $292.80M |
| Accounts payable | $54.19M | $61.36M | $76.87M | $62.52M | $59.27M | $57.82M | $65.95M | $57.72M | $50.28M | $53.55M |
Cash flow
| Metric | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $24.37M | $28.79M | $30.74M | $20.95M | $20.52M | $20.60M | $24.27M | $2.54M | $15.16M | $22.08M |
| Capital expenditures | $75.82M | $107.37M | $82.11M | $86.20M | $83.24M | $92.62M | $75.54M | $80.86M | $70.05M | $65.73M |
| Investing cash flow | -$64.11M | -$84.75M | -$58.01M | -$75.65M | -$76.26M | -$84.31M | -$71.97M | -$421.61M | $238.48M | -$64.20M |
| Financing cash flow | $62.61M | $81.54M | $20.81M | -$3.77M | $97.01M | $66.89M | $47.01M | $73.12M | -$3.16M | $145.41M |
| Net change in cash | $22.87M | $25.58M | -$6.46M | -$58.47M | $41.28M | $3.17M | -$680.00K | -$345.96M | $250.48M | $103.29M |
| Stock-based compensation | $4.80M | $1.62M | $2.07M | $2.19M | $3.72M | $2.22M | $1.38M | $2.27M | $3.97M | $1.67M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $34.54M | $32.07M | $34.00M | $34.63M | $28.98M | $27.28M | $27.68M | $25.58M | $17.32M | $15.84M |
Derived
| Metric | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$51.45M | -$78.58M | -$51.38M | -$65.25M | -$62.71M | -$72.02M | -$51.27M | -$78.32M | -$54.90M | -$43.64M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | -11.4% | -1.0% | -8.0% | -10.3% | -6.9% | -6.7% | -4.8% | -18.5% | -4.0% | 0.8% |
| FCF margin | -55.8% | -85.8% | -57.2% | -73.7% | -71.3% | -84.3% | -58.5% | -91.3% | -79.3% | -64.3% |
| SBC / revenue | 5.2% | 1.8% | 2.3% | 2.5% | 4.2% | 2.6% | 1.6% | 2.6% | 5.7% | 2.5% |
| Current ratio | 1.12x | 0.90x | 0.50x | 0.73x | 1.20x | 0.82x | 0.79x | 0.89x | 4.68x | 1.79x |
| Revenue YoY growth | 4.8% | 7.2% | 2.5% | 3.2% | 26.9% | 25.8% | 30.0% | 28.7% | 3.1% | 31.7% |
| Net margin | -17.1% | -5.9% | -10.5% | -10.2% | -10.4% | -3.2% | -6.0% | Unavailable | 310.0% | 3.8% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 82.3% | 117.2% | 91.4% | 97.3% | 94.7% | 108.4% | 86.2% | 94.2% | 101.2% | 96.8% |
| Long-term debt / equity | 0.80x | 0.71x | 0.59x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open SHEN in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-05-01View SEC filing
10-K · Filed 2026-02-26View SEC filing
10-Q · Filed 2025-10-29View SEC filing
10-Q · Filed 2025-07-31View SEC filing
10-Q · Filed 2025-04-30View SEC filing
10-K · Filed 2025-02-20View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.