# Shenandoah Telecommunications Co: financial statements, quarterly

SHEN · Nasdaq · CIK 354963 · [Communication](/sectors/communication.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/shen.md) · [Financials](/companies/shen/financials.md) · [Filings](/companies/shen/filings.md) · [Insiders](/companies/shen/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/shen/financials.md?period=annual).

## Income statement

| Line item | Unit | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [67.9 d](/filings/0000354963-26-000125.md) | [69.2](/filings/0001628280-25-020817.md) | [85.8](/filings/0000354963-25-000210.md) | [87.6](/filings/0000354963-25-000267.md) | [85.4 d](/filings/0000354963-26-000125.md) | [87.9](/filings/0000354963-26-000167.md) | [88.6](/filings/0000354963-26-000209.md) | [89.8](/filings/0000354963-26-000266.md) | [91.6 d](/filings/0000354963-26-000125.md) | [92.2](/filings/0000354963-26-000167.md) | [93.5](/filings/0000354963-26-000209.md) | [93.9](/filings/0000354963-26-000266.md) |
| Cost of revenue | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Selling, general and administrative | $m | [25.3 d](/filings/0000354963-26-000125.md) | [28.0](/filings/0001628280-25-020817.md) | [30.2](/filings/0000354963-25-000210.md) | [28.0](/filings/0000354963-25-000267.md) | [29.0 d](/filings/0000354963-26-000125.md) | [31.0](/filings/0000354963-26-000167.md) | [29.7](/filings/0000354963-26-000209.md) | [29.8](/filings/0000354963-26-000266.md) | [27.7 d](/filings/0000354963-26-000125.md) | [33.4](/filings/0000354963-26-000167.md) | [31.0](/filings/0000354963-26-000209.md) | [29.2](/filings/0000354963-26-000266.md) |
| Operating income | $m | [0.6 d](/filings/0000354963-26-000125.md) | [(2.8)](/filings/0001628280-25-020817.md) | [(15.9)](/filings/0000354963-25-000210.md) | [(4.2)](/filings/0000354963-25-000267.md) | [(5.8) d](/filings/0000354963-26-000125.md) | [(6.1)](/filings/0000354963-26-000167.md) | [(9.1)](/filings/0000354963-26-000209.md) | [(7.2)](/filings/0000354963-26-000266.md) | [(0.9) d](/filings/0000354963-26-000125.md) | [(10.5)](/filings/0000354963-26-000167.md) | [(1.0)](/filings/0000354963-26-000209.md) | [(2.0)](/filings/0000354963-26-000266.md) |
| Interest expense | $m | [1.7 d](/filings/0000354963-26-000125.md) | [4.1](/filings/0001628280-24-020142.md) | [4.0](/filings/0000354963-25-000210.md) | [3.7](/filings/0000354963-25-000267.md) | [4.2 d](/filings/0000354963-26-000125.md) | [4.9](/filings/0000354963-26-000167.md) | [6.0](/filings/0000354963-26-000209.md) | [6.8](/filings/0000354963-26-000266.md) | [7.7 d](/filings/0000354963-26-000125.md) | [9.4](/filings/0000354963-26-000167.md) | [9.7](/filings/0000354963-26-000209.md) | [10.5](/filings/0000354963-26-000266.md) |
| Income tax | $m | [(2.0) d](/filings/0000354963-26-000125.md) | [(1.0)](/filings/0001628280-25-020817.md) | [(5.2)](/filings/0000354963-25-000210.md) | [(1.5)](/filings/0000354963-25-000267.md) | [(1.9) d](/filings/0000354963-26-000125.md) | [(1.1)](/filings/0000354963-26-000167.md) | [(3.0)](/filings/0000354963-26-000209.md) | [(3.0)](/filings/0000354963-26-000266.md) | [(1.8) d](/filings/0000354963-26-000125.md) | [(4.1)](/filings/0000354963-26-000167.md) | [(2.5)](/filings/0000354963-26-000209.md) | [(3.0)](/filings/0000354963-26-000266.md) |
| Net income | $m | [2.6 d](/filings/0000354963-26-000125.md) | [215](/filings/0001628280-25-020817.md) | [(12.9)](/filings/0001628280-24-035391.md) | [(6.9)](/filings/0000354963-25-000267.md) | [(2.7) d](/filings/0000354963-26-000125.md) | [(9.1)](/filings/0000354963-26-000167.md) | [(9.0)](/filings/0000354963-26-000209.md) | [(9.4)](/filings/0000354963-26-000266.md) | [(5.4) d](/filings/0000354963-26-000125.md) | [(15.8)](/filings/0000354963-26-000167.md) | [(7.7)](/filings/0000354963-26-000209.md) | [(9.2)](/filings/0000354963-26-000266.md) |
| Diluted EPS | $ per share | not reported | [4.25](/filings/0001628280-25-020817.md) | [(0.24)](/filings/0000354963-25-000210.md) | [(0.13)](/filings/0000354963-25-000267.md) | not reported | [(0.19)](/filings/0000354963-26-000167.md) | [(0.19)](/filings/0000354963-26-000209.md) | [(0.20)](/filings/0000354963-26-000266.md) | not reported | [(0.31)](/filings/0000354963-26-000167.md) | [(0.17)](/filings/0000354963-26-000209.md) | [(0.19)](/filings/0000354963-26-000266.md) |
| Basic EPS | $ per share | not reported | [4.25](/filings/0001628280-25-020817.md) | [(0.24)](/filings/0000354963-25-000210.md) | [(0.13)](/filings/0000354963-25-000267.md) | not reported | [(0.19)](/filings/0000354963-26-000167.md) | [(0.19)](/filings/0000354963-26-000209.md) | [(0.20)](/filings/0000354963-26-000266.md) | not reported | [(0.31)](/filings/0000354963-26-000167.md) | [(0.17)](/filings/0000354963-26-000209.md) | [(0.19)](/filings/0000354963-26-000266.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: not reported
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpenseNonoperating, us-gaap:InterestExpense
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss, us-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [139](/filings/0001628280-25-006567.md) | [390](/filings/0001628280-24-020142.md) | [43.8](/filings/0001628280-24-035391.md) | [43.1](/filings/0001628280-24-045986.md) | [46.3](/filings/0000354963-26-000125.md) | [87.5](/filings/0001628280-25-020817.md) | [29.1](/filings/0000354963-25-000210.md) | [22.6](/filings/0000354963-25-000267.md) | [27.3](/filings/0000354963-26-000266.md) | [43.8](/filings/0000354963-26-000167.md) | [23.9](/filings/0000354963-26-000209.md) | [18.6](/filings/0000354963-26-000266.md) |
| Current assets | $m | [176](/filings/0001628280-25-006567.md) | [426](/filings/0001628280-24-020142.md) | [99.5](/filings/0001628280-24-035391.md) | [97.5](/filings/0001628280-24-045986.md) | [94.5](/filings/0000354963-26-000125.md) | [134](/filings/0001628280-25-020817.md) | [83.4](/filings/0000354963-25-000210.md) | [68.0](/filings/0000354963-25-000267.md) | [97.4](/filings/0000354963-26-000266.md) | [114](/filings/0000354963-26-000167.md) | [93.4](/filings/0000354963-26-000209.md) | [88.1](/filings/0000354963-26-000266.md) |
| Total assets | $m | [1,214](/filings/0001628280-25-006567.md) | [1,446](/filings/0001628280-24-020142.md) | [1,656](/filings/0001628280-24-035391.md) | [1,695](/filings/0001628280-24-045986.md) | [1,740](/filings/0000354963-26-000125.md) | [1,825](/filings/0001628280-25-020817.md) | [1,815](/filings/0000354963-25-000210.md) | [1,850](/filings/0000354963-25-000267.md) | [1,911](/filings/0000354963-26-000266.md) | [1,953](/filings/0000354963-26-000167.md) | [1,975](/filings/0000354963-26-000209.md) | [2,009](/filings/0000354963-26-000266.md) |
| Current liabilities | $m | [98.4](/filings/0001628280-25-006567.md) | [91.0](/filings/0001628280-24-020142.md) | [112](/filings/0001628280-24-035391.md) | [123](/filings/0001628280-24-045986.md) | [115](/filings/0000354963-26-000125.md) | [112](/filings/0001628280-25-020817.md) | [115](/filings/0000354963-25-000210.md) | [135](/filings/0000354963-25-000267.md) | [108](/filings/0000354963-26-000266.md) | [102](/filings/0000354963-26-000167.md) | [110](/filings/0000354963-26-000209.md) | [123](/filings/0000354963-26-000266.md) |
| Long-term debt | $m | [293](/filings/0001628280-25-006567.md) | [291](/filings/0001628280-24-020142.md) | [289](/filings/0001628280-24-035391.md) | [336](/filings/0001628280-24-045986.md) | [408](/filings/0000354963-26-000125.md) | [504](/filings/0001628280-25-020817.md) | [502](/filings/0000354963-25-000210.md) | [524](/filings/0000354963-25-000267.md) | [628](/filings/0000354963-26-000266.md) | [694](/filings/0000354963-26-000167.md) | [715](/filings/0000354963-26-000209.md) | [747](/filings/0000354963-26-000266.md) |
| Current portion of debt | $m | [7.1](/filings/0001628280-25-006567.md) | [7.9](/filings/0001628280-24-020142.md) | [8.7](/filings/0001628280-24-035391.md) | [8.6](/filings/0001628280-24-045986.md) | [9.2](/filings/0000354963-26-000125.md) | [10.3](/filings/0001628280-25-020817.md) | [10.2](/filings/0000354963-25-000210.md) | [10.1](/filings/0000354963-25-000267.md) | [0.0](/filings/0000354963-26-000125.md) | not reported | not reported | not reported |
| Shareholders' equity | $m | [653](/filings/0000354963-26-000125.md) | [872](/filings/0000354963-25-000210.md) | [933](/filings/0000354963-25-000267.md) | [925](/filings/0000354963-25-000267.md) | [919](/filings/0000354963-26-000266.md) | [910](/filings/0000354963-26-000209.md) | [902](/filings/0000354963-26-000266.md) | [893](/filings/0000354963-26-000266.md) | [881](/filings/0000354963-26-000266.md) | [867](/filings/0000354963-26-000209.md) | [860](/filings/0000354963-26-000266.md) | [851](/filings/0000354963-26-000266.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [22.1 d](/filings/0000354963-26-000125.md) | [15.2](/filings/0001628280-25-020817.md) | [2.5 d](/filings/0000354963-25-000210.md) | [24.3 d](/filings/0000354963-25-000267.md) | [20.6 d](/filings/0000354963-26-000125.md) | [20.5](/filings/0000354963-26-000167.md) | [20.9 d](/filings/0000354963-26-000209.md) | [30.7 d](/filings/0000354963-26-000266.md) | [28.8 d](/filings/0000354963-26-000125.md) | [24.4](/filings/0000354963-26-000167.md) | [24.4 d](/filings/0000354963-26-000209.md) | [27.8 d](/filings/0000354963-26-000266.md) |
| Capital expenditure | $m | [65.7 d](/filings/0000354963-26-000125.md) | [70.1](/filings/0001628280-25-020817.md) | [80.9 d](/filings/0000354963-25-000210.md) | [75.5 d](/filings/0000354963-25-000267.md) | [92.6 d](/filings/0000354963-26-000125.md) | [83.2](/filings/0000354963-26-000167.md) | [86.2 d](/filings/0000354963-26-000209.md) | [82.1 d](/filings/0000354963-26-000266.md) | [107 d](/filings/0000354963-26-000125.md) | [75.8](/filings/0000354963-26-000167.md) | [70.4 d](/filings/0000354963-26-000209.md) | [68.8 d](/filings/0000354963-26-000266.md) |
| Dividends paid | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Share repurchases | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: not reported
- Share repurchases: not reported

## Shares

| Line item | Unit | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [50.5](/filings/0001628280-24-020142.md) | [50.4](/filings/0001628280-24-035391.md) | [50.4](/filings/0001628280-24-045986.md) | [50.5](/filings/0001628280-25-020817.md) | [54.7](/filings/0000354963-25-000210.md) | [54.8](/filings/0000354963-25-000267.md) | [55.0](/filings/0000354963-26-000167.md) | [55.1](/filings/0000354963-26-000209.md) | [55.2](/filings/0000354963-26-000266.md) | [55.6](/filings/0000354963-26-000167.md) | [55.8](/filings/0000354963-26-000209.md) | [55.8](/filings/0000354963-26-000266.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 55,365,651 at 2026-10-22, from the cover of the [10-Q filed 2026-10-28](/filings/0000354963-26-000266.md) (dei:EntityCommonStockSharesOutstanding).

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 28, 2026, 08:30 ET. No prices; not investment advice.