SHEN: financial statements from SEC — TradeAlmanac

SHEN

Shenandoah Telecommunications Co: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	31 Dec 2025	31 Dec 2024
Revenue	358M	328M
Cost of revenue	130M	128M
Selling, general and administrative	118M	115M
Operating expenses	381M	357M
Operating income	−23M	−29M
Pre-tax income	−42M	−38M
Income tax	−9M	−10M
Net income	−33M	194M
Earnings per share	−0.71	3.54
Earnings per share, diluted	−0.71	3.54
Weighted average shares	55M	54M
Weighted average shares, diluted	55M	54M

Balance sheet

Metric	31 Mar 2026	31 Dec 2025	30 Sept 2025	30 Jun 2025	31 Mar 2025	31 Dec 2024	30 Sept 2024	30 Jun 2024
Cash and equivalents	44M	27M	23M	29M	88M	46M	43M	44M
Receivables	25M	31M	25M

Cash flow

Metric	31 Dec 2025	31 Dec 2024
Operating cash flow	101M	63M
Depreciation and amortisation	130M	97M
Share-based compensation	10M	10M
Capital expenditure	359M	319M
Investing cash flow	−295M	−339M
Dividends paid	6M

Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator