What is Shenandoah Telecom's contract assets?

Shenandoah Telecom (SHEN) reported contract assets of $3.97M in Q1 2026.

What does contract assets mean?

Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

Shenandoah Telecom SHEN Contract Assets

Contract Assets at other companies

TDS

Telephone and Data SystemsTDS

$10.67M+52.4%

Liberty Latin AmericaLILA

$125.2M+24.3%

HarmonicHLIT

$1.85M-68.0%

Bel FuseBELFB

$9.38M+67.7%

Dycom IndustriesDY

$240.13M+135%

Verizon CommunicationsVZ

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Other financials

Income statement

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Revenue$92.2M+4.8%

Gross profit$60.3M+10.0%

Operating income-$10.5M-71.8%

Net income-$17.3M-63.4%

EPS (diluted)-$0.31-63.2%

Balance sheet

See full

Cash & equivalents$71.1M-18.8%

Total debt$709.9M+33.9%

Total equity$867.0M-4.8%

Total assets$2.0B+7.0%

Cash flow

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Operating cash flow$24.4M+18.7%

CapEx$75.8M-8.9%

Free cash flow-$51.5M+18.0%

Valuation

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Market cap$808.81M+9.0%

Enterprise value$1.45B+21.9%

P/S2.2×+0.1×

Profitability

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Gross margin64.4%+3.4pp

Operating margin-7.6%-1.1pp

Net margin-12.7%+10.6pp

FCF margin-68.1%-6.6pp

Returns & leverage

See full

Return on equity-5.2%+5.7pp

Debt / equity0.8×+0.2×

Current ratio1.1×-0.1×

Where this comes from

Reported directly by Shenandoah Telecom in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The official record: Shenandoah Telecom’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Shenandoah Telecom's contract assets?: Shenandoah Telecom (SHEN) reported contract assets of $3.97M in Q1 2026.
What does contract assets mean?: Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.