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Shenandoah Telecom

SHEN

Shenandoah Telecommunications Company (Shentel) is a regional broadband provider that delivers high-speed data, video, and voice services through an extensive 19,000-mile fiber-optic network.

Market cap
$637.31M-21.5%
Revenue$367.0M+5.0%
Net income-$44.9M-60.0%
Free cash flow-$227.3M+9.5%
EPS (diluted)-$0.81-58.8%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$93.5M+5.5%
Gross profit$60.8M+8.6%
Operating income-$1.0M+88.8%
Net income-$9.3M+11.8%
EPS (diluted)-$0.17+10.5%

Balance sheet

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Cash & equivalents$54.8M+88.4%
Total debt$733.5M+39.2%
Total equity$859.9M-4.7%
Total assets$2.0B+8.8%

Cash flow

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Operating cash flow$24.4M+16.7%
CapEx$70.4M-18.4%
Free cash flow-$45.9M+29.6%

Valuation & ratios

Valuation

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Market cap$637.31M-21.5%
Enterprise value$1.32B-0.6%
P/S1.7×-0.6×

Profitability

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Gross margin64.9%+3.0pp
Operating margin-5.3%-1.1pp
Net margin-12.2%+13.4pp
FCF margin-61.9%-7.5pp

Returns & leverage

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Return on equity-5.1%+10.2pp
Debt / equity0.9×+0.3×
Current ratio0.9×+0.1×

Segments

By product

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Residential & SMB - Incumbent Broadband Markets$40.3M-6.0%
Residential & SMB - Glo Fiber Expansion Markets$26.3M+32.8%
Commercial Fiber$21.4M+9.8%
RLEC & Other$5.5M-14.7%

By segment

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Reportable Segment$93.5M

Competitors

Profile

Shenandoah Telecommunications Company (Shentel) is a regional broadband provider that delivers high-speed data, video, and voice services through an extensive 19,000-mile fiber-optic network. The company serves residential, commercial, and wholesale customers across eight contiguous states in the eastern United States, leveraging both fiber-to-the-home and hybrid fiber coaxial technologies. Its core value proposition centers on expanding high-speed broadband access to unserved and underserved markets through its state-of-the-art regional infrastructure.

Competitive position

Shentel acts as an incumbent provider in its RLEC and cable markets while serving as a high-growth fiber overbuilder through its Glo Fiber brand.

GeographiesVirginia, West Virginia, Maryland, Pennsylvania, Kentucky, Delaware, Ohio, Indiana
Customer segmentsResidential, Enterprise, Wholesale, Government
Business modelSubscription-based, Infrastructure-as-a-Service, B2B, B2C
SuppliersFiber optic cable manufacturers, Network equipment providers, Content providers and broadcast networks, Utility pole owners
CustomersResidential households, Small and medium businesses, Enterprise corporations, Telecommunications carriers
Listed1993
Employees845.0
CEOEdward H. McKay
FilingsSEC EDGAR

Questions, answered.

What is Shenandoah Telecom's market cap?
Shenandoah Telecom (SHEN) has a market capitalization of $637.3M and trades on NASDAQ.
What is Shenandoah Telecom's revenue and profitability?
Shenandoah Telecom generated $367.0M in trailing twelve-month revenue with a net loss of $44.9M, representing a net margin of -12.2%. Gross margin stands at 64.9%, with free cash flow of -$227.3M. These figures are based on the Q2 2026 filing.
Who are Shenandoah Telecom's competitors?
Shenandoah Telecom's key competitors include Verizon, Comcast, AT&T, and others. These companies compete in similar markets and product categories.
Who does Shenandoah Telecom partner with?
Shenandoah Telecom's notable partners include Bank of America, Netflix, Disney, and others.
What subsidiaries does Shenandoah Telecom have?
Shenandoah Telecom's subsidiaries include Shenandoah Telephone Company, The Chillicothe Telephone Company, Shentel Broadband Operations LLC, and others.
Where is Shenandoah Telecom headquartered?
Shenandoah Telecom is headquartered in United States of America and employs approximately 845 people. It has been publicly traded since 1993.