Shenandoah Telecommunications Company (SHEN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 92.15M | 0 | 89.8M | 88.57M | 87.9M | 85.41M | 87.6M | 85.8M | 69.25M | 67.91M | 67.41M | 66.64M | 71.69M | 70.01M | 66.92M | 66.02M | 64.41M | 62.6M | 62.24M | 60.7M |
| Revenue Growth % | 4.84% | -100% | 2.51% | 3.23% | 26.93% | 25.77% | 29.95% | 28.74% | -3.4% | -3% | 0.72% | 0.94% | 11.29% | 11.83% | 7.52% | 8.77% | 7.91% | 7.69% | 12.82% | 11.71% |
| Cost of Goods Sold | 66.8M | 32.08M | 32.38M | 67.73M | 33.03M | 33.17M | 34.41M | 34.54M | 25.98M | 24.4M | 26.27M | 24.75M | 26.57M | 26.97M | 27.48M | 26.76M | 26.34M | 28.48M | 25.75M | 24.65M |
| COGS % of Revenue | 72.48% | - | 36.06% | 76.47% | 37.58% | 38.84% | 39.29% | 40.26% | 37.52% | 35.93% | 38.97% | 37.14% | 37.06% | 38.53% | 41.06% | 40.53% | 40.89% | 45.49% | 41.36% | 40.61% |
| Gross Profit | 25.36M | -32.08M | 57.41M | 20.84M | 54.87M | 52.24M | 53.18M | 51.26M | 43.26M | 43.51M | 41.14M | 41.89M | 45.12M | 43.04M | 39.45M | 39.27M | 38.08M | 34.12M | 36.5M | 36.05M |
| Gross Margin % | 27.52% | - | 63.94% | 23.53% | 62.42% | 61.16% | 60.71% | 59.74% | 62.48% | 64.07% | 61.03% | 62.86% | 62.94% | 61.47% | 58.94% | 59.47% | 59.11% | 54.51% | 58.64% | 59.39% |
| Gross Profit Growth % | -53.78% | -161.41% | 7.95% | -59.34% | 26.82% | 20.06% | 29.27% | 22.36% | -4.11% | 1.11% | 4.29% | 6.69% | 18.5% | 26.12% | 8.08% | 8.91% | 4.99% | 1.43% | 12.28% | 12.12% |
| Operating Expenses | 33.39M | -26.71M | 64.58M | 29.74M | 60.96M | 57.99M | 57.36M | 67.14M | 46.04M | 42.95M | 41.75M | 42.01M | 42.39M | 45.71M | 41.22M | 42.4M | 38.45M | 42.02M | 35.65M | 33.66M |
| OpEx % of Revenue | 36.23% | - | 71.91% | 33.58% | 69.35% | 67.9% | 65.48% | 78.26% | 66.48% | 63.24% | 61.94% | 63.03% | 59.13% | 65.29% | 61.59% | 64.22% | 59.7% | 67.13% | 57.27% | 55.46% |
| Selling, General & Admin | 33.39M | 27.66M | 29.79M | 29.74M | 30.99M | 28.97M | 28.01M | 30.24M | 28.6M | 25.28M | 22.95M | 0 | 26.61M | 23.24M | 22.23M | 0 | 23.77M | 21.74M | 0 | 0 |
| SG&A % of Revenue | 36.23% | - | 33.18% | 33.58% | 35.26% | 33.92% | 31.97% | 35.24% | 41.3% | 37.23% | 34.05% | - | 37.12% | 33.19% | 33.21% | - | 36.9% | 34.73% | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | -8.03M | -5.37M | -7.16M | -8.9M | -6.09M | -5.75M | -4.18M | -15.88M | -2.78M | 563K | -610K | -118K | 2.73M | -2.67M | -1.77M | -3.14M | -380K | -7.9M | 851K | 2.39M |
| Operating Margin % | -8.71% | - | -7.98% | -10.05% | -6.93% | -6.74% | -4.77% | -18.51% | -4.01% | 0.83% | -0.9% | -0.18% | 3.81% | -3.81% | -2.65% | -4.75% | -0.59% | -12.62% | 1.37% | 3.94% |
| Operating Income Growth % | -31.8% | 6.62% | -71.55% | 43.96% | -119.45% | -1122.02% | -584.59% | -13361.86% | -201.76% | 121.09% | 65.56% | 96.24% | 817.89% | 66.21% | -308.11% | -231.26% | -117.04% | -5038.13% | 81.06% | 228.01% |
| EBITDA | 26.94M | 27.19M | 27.33M | 26.2M | 23.37M | 22M | 23.5M | 9.69M | 14.67M | 16.89M | 15.51M | 15.53M | 18.51M | 12.35M | 16.1M | 11.31M | 14.3M | 7.01M | 15.1M | 15.59M |
| EBITDA Margin % | 29.24% | - | 30.43% | 29.58% | 26.58% | 25.75% | 26.83% | 11.3% | 21.18% | 24.88% | 23.01% | 23.3% | 25.82% | 17.64% | 24.06% | 17.14% | 22.21% | 11.2% | 24.26% | 25.68% |
| EBITDA Growth % | 15.3% | 23.6% | 16.26% | 170.28% | 59.31% | 30.2% | 51.54% | -37.57% | -20.76% | 36.77% | -3.67% | 37.25% | 29.4% | 76.16% | 6.64% | -27.43% | -7.69% | -45.81% | 20.32% | 54.92% |
| D&A (Non-Cash Add-back) | 34.97M | 32.56M | 34.49M | 35.1M | 29.46M | 27.75M | 27.68M | 25.58M | 17.44M | 16.33M | 16.12M | 15.65M | 15.78M | 15.02M | 17.87M | 14.45M | 14.68M | 14.91M | 14.25M | 13.2M |
| EBIT | -10.42M | 545K | -5.58M | -6.09M | -5.36M | -3.94M | -3.18M | -13.98M | -1.04M | 1.9M | 1.41M | 1.02M | 3.85M | 5.31M | -653K | 1.39M | -380K | -2.11M | 2.01M | 2.43M |
| Net Interest Income | -9.44M | -7.69M | -6.79M | -6M | -4.89M | -4.16M | -3.67M | -4M | -4.08M | -1.12M | -1.2M | -905K | -392K | 31.25M | 0 | -9.97M | -170K | -4.54M | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40.43M | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | -19.86M | -7.14M | -12.36M | -12.1M | -10.25M | -8.09M | -6.85M | -17.97M | -5.12M | -182K | 216K | 59K | 2.52M | -2.05M | -2.98M | -3.73M | -550K | -2.31M | 989K | 3.73M |
| Pretax Margin % | -21.55% | - | -13.77% | -13.66% | -11.66% | -9.47% | -7.82% | -20.95% | -7.39% | -0.27% | 0.32% | 0.09% | 3.52% | -2.93% | -4.45% | -5.64% | -0.85% | -3.69% | 1.59% | 6.14% |
| Income Tax | -4.11M | 185K | -2.97M | -3.05M | -1.12M | -1.9M | -1.54M | -5.2M | -1.03M | -2.04M | 399K | 1.46M | 1.78M | -228K | -251K | -501K | 53K | 825K | -5.51M | 2.1M |
| Effective Tax Rate % | 20.69% | -2.59% | 24.05% | 25.2% | 10.92% | 23.5% | 22.52% | 28.93% | 20.05% | 1120.33% | 184.72% | 2472.88% | 70.6% | 11.12% | 8.43% | 13.45% | -9.64% | -35.68% | -556.72% | 56.41% |
| Net Income | -17.33M | -7.33M | -9.39M | -10.54M | -9.13M | -2.74M | -6.9M | -12.87M | 214.7M | 2.59M | 1.59M | 1.79M | 2.07M | -1.82M | -2.73M | -3.23M | -603K | 1.4M | 892.82M | 53.19M |
| Net Margin % | -18.8% | - | -10.46% | -11.91% | -10.39% | -3.21% | -7.88% | -15% | 310.04% | 3.81% | 2.36% | 2.69% | 2.88% | -2.6% | -4.08% | -4.88% | -0.94% | 2.24% | 1434.39% | 87.63% |
| Net Income Growth % | -89.75% | -167.13% | -36.07% | 18.08% | -104.25% | -205.99% | -533.21% | -819.11% | 10291.87% | 242.02% | 158.39% | 155.5% | 442.62% | -230.12% | -100.31% | -106.06% | -101.17% | -97.09% | 2456.69% | 81.87% |
| Net Income (Continuing) | -15.75M | -7.33M | -9.39M | -9.05M | -9.13M | -6.19M | -5.3M | -12.77M | -4.09M | 1.86M | -183K | -1.4M | 741K | -1.82M | -2.73M | -3.23M | -603K | -3.14M | 6.5M | 1.63M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 1000K | 41K | -99K | 1000K | 732K | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K |
| Minority Interest | 90.08M | 88.51M | 86.96M | 85.43M | 83.94M | 82.46M | 81.02M | 79.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.31 | -0.13 | -0.20 | -0.19 | -0.19 | -0.11 | -0.13 | -0.24 | -0.04 | 0.05 | 0.03 | 0.04 | 0.04 | -0.04 | -0.05 | -0.06 | -0.01 | 0.03 | 17.81 | 1.06 |
| EPS Growth % | -63.16% | -18.18% | -53.85% | 20.83% | -360.05% | -316.54% | -515.34% | -779.89% | -200.98% | 239.94% | 157.54% | 154.9% | 440.83% | -221% | -100.31% | -106.07% | -101.16% | -96.94% | 2444.29% | 82.76% |
| EPS (Basic) | -0.31 | -0.13 | -0.20 | -0.19 | -0.19 | -0.11 | -0.13 | -0.24 | -0.04 | 0.05 | 0.03 | 0.04 | 0.04 | -0.04 | -0.05 | -0.06 | -0.01 | 0.03 | 17.86 | 1.06 |
| Diluted Shares Outstanding | 55.55M | 55.15M | 55.15M | 55.1M | 54.96M | 54.8M | 54.78M | 54.73M | 51.01M | 50.97M | 50.84M | 50.69M | 50.51M | 50.19M | 50.18M | 50.16M | 50.15M | 50.05M | 50.12M | 50.08M |
| Basic Shares Outstanding | 55.55M | 55.15M | 55.15M | 55.1M | 54.96M | 54.8M | 54.78M | 54.73M | 50.52M | 50.42M | 50.38M | 50.37M | 50.29M | 50.19M | 50.18M | 50.16M | 50.15M | 50.05M | 49.98M | 49.95M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | 174.7% | - | - | - | - | - | - | - | 243.11% | 104.93% | - |