Shenandoah Telecommunications Company (SHEN) — Financial statements
Income statement, balance sheet, and cash flow for Shenandoah Telecommunications Company — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 358↑9.1% | 328↑14.2% | 287↑15.5% | 249↑1.5% | 245 | |
| Cost of Revenue | 262↑104.3% | 128↑20.7% | 106↑3.7% | 102↓0.0% | 102 | |
| Gross Profit | 96↓51.9% | 200↑10.3% | 181↑23.6% | 147↑2.6% | 143 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 100↑8.6% | 92↑9.4% | 84↑8.0% | 78 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 15↑31.6% | 11↑67.6% | 7↑54.5% | 4 | |
| SG&A Expenses | 118↑2.6% | 115↑11.2% | 104↑13.7% | 91↑10.5% | 82 | |
| Other Expenses | 0.00↓100.0% | 113↑66.6% | 68↓6.8% | 73↑16.0% | 63 | |
| Operating Expenses | 118↓48.3% | 229↑33.1% | 172↑4.6% | 164↑12.9% | 145 | |
| Total Costs & Expenses | 380↑6.5% | 357↑28.4% | 278↑4.3% | 266↑7.5% | 248 | |
| Operating Results | ||||||
| Operating Income | -22↑22.8% | -29↓397.1% | 10↑155.1% | -17↓618.4% | -2 | |
| Depreciation & Amortization | 132↑33.7% | 98↑49.0% | 66↑11.9% | 59↑6.2% | 56 | |
| EBITDA | 115↑50.8% | 76↓2.5% | 78↑41.0% | 56↓8.9% | 61 | |
| EBIT | -16↑25.5% | -22↓281.8% | 12↑441.6% | -4↓167.5% | 5 | |
| Interest & Other Income | ||||||
| Net Interest Income | -25↓59.6% | -16 | 0.00↑100.0% | -9↓555.4% | 2 | |
| Interest Income | 0.00 | 0.00 | 0.00↓100.0% | 0.07↓96.5% | 2 | |
| Interest Expense | 25↑59.6% | 16 | 0.00↓100.0% | 9 | 0.00 | |
| Non-Operating Income | -6↑13.6% | -6↓153.2% | -3↑81.6% | -14↓80.1% | -8 | |
| Other Income / Expenses | -20↓109.7% | -9↓780.3% | 1↑201.8% | -1↓115.7% | 9 | |
| Income Before Tax | -42↓10.1% | -38↓445.4% | 11↑158.5% | -19↓401.8% | 6 | |
| Income Tax Expense | -9↑7.8% | -10↓425.3% | 3↑187.4% | -3↓100.7% | -2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -33↓16.2% | -28↓452.8% | 8↑152.1% | -15↓294.5% | 8 | |
| Net Income from Discontinued Operations | 0.00↓100.0% | 222 | 0.00↓100.0% | 7↓99.3% | 991 | |
| Net Income | -39↓120.7% | 190↑2268.6% | 8↑195.9% | -8↓100.8% | 999 | |
| Bottom-Line Net Income | -39↓120.7% | 190↑2268.6% | 8↑152.1% | -15↓294.5% | 8 | |
| EPS (Basic) | -0.71↓120.1% | 3.54↑2112.5% | 0.16↑194.1% | -0.17↓206.3% | 0.16 | |
| EPS (Diluted) | -0.71↓120.1% | 3.54↑2112.5% | 0.16↑194.1% | -0.17↓206.3% | 0.16 | |
| Weighted Average Shares | 55↑2.6% | 54↑6.6% | 50↑0.5% | 50↑0.3% | 50 | |
| Weighted Average Diluted Shares | 55↑2.6% | 54↑5.9% | 51↑1.1% | 50↑0.0% | 50 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.