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Shenandoah Telecom SHEN Commercial Fiber — Service revenue and other

Other product segments

Cost of services
$351.07M+9.0%
Residential & SMB - Incumbent Broadband Markets
$41.14M-5.1%
Residential & SMB - Glo Fiber Expansion Markets
$24.83M+34.6%
Income from leasing arrangements (ASC 842)
$6.79M+16.2%
RLEC & Other
$5.64M-13.0%

Similar metrics at other companies

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IRDMCommercial Broadband Services — Total Revenue
$12.22M-5.1%
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TBusiness fiber and advanced connectivity — Total operating revenues
$1.88B+7.2%
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$92M-56.0%
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AAOIFtth And Other — Revenue
$302.75K-43.6%
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CHTRCommercial revenue — Revenue
$1.84B+0.9%
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LBTYBBroadband internet — Revenue
$248.4M+13.7%

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

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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+6.0%
Enterprise value$1.45B+20.1%
P/S2.2×0.0×

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

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 commercial fiber — service revenue and other?
Shenandoah Telecom (SHEN) reported commercial fiber — service revenue and other of $20.54M in Q1 2026.
How has Shenandoah Telecom's commercial fiber — service revenue and other changed year-over-year?
Shenandoah Telecom's commercial fiber — service revenue and other increased by 4.7% year-over-year, from $19.61M to $20.54M.
What is the long-term trend for Shenandoah Telecom's commercial fiber — service revenue and other?
Over 4 years (2021 to 2025), Shenandoah Telecom's commercial fiber — service revenue and other has grown at a 26.6% compound annual growth rate (CAGR), from $30.84M to $79.32M.
What does commercial fiber — service revenue and other mean?
This metric represents the total recurring revenue generated from providing high-speed fiber-optic data connectivity and related telecommunications services to business and enterprise customers. It serves as a key indicator of the company's success in capturing market share within the commercial broadband sector and reflects the scalability of its fiber infrastructure investments. Growth in this area highlights the company's ability to transition from residential-focused services to higher-margin enterprise-grade connectivity solutions.