SHEN · XBRL financial data

Shenandoah Telecommunications Company financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (SHEN's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	221	245	267	287	328	358
Selling, general and administrative	85	82	92	104	115	118
Total operating expenses	222	248	275	278	—	—
Operating income (loss)	(1)	(2)	(8)	10	(29)	(23)
Interest expense	—	3	2	4	16	25
Income tax expense (benefit)	(1)	(2)	(1)	3	(10)	(9)
Net income (loss)	127	999	(8)	8	194	(33)
Earnings per share, basic USD per share	2.54	19.97	(0.17)	0.16	3.54	(0.71)
Earnings per share, diluted USD per share	2.53	19.92	(0.17)	0.16	3.54	(0.71)
Weighted average shares, basic millions of shares	50	50	50	50	54	55
Weighted average shares, diluted millions of shares	50	50	50	51	54	55

Fiscal years (SHEN's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	195	84	44	139	46	27
Accounts receivable	70	22	21	20	30	31
Prepaid and other current assets	10	30	12	12	17	15
Total current assets	1,409	166	129	176	95	97
Property and equipment, net	440	554	688	879	1,439	1,602
Right-of-use asset	50	56	54	51	20	20
Goodwill	—	—	—	—	67	68
Total assets	2,032	891	978	1,214	1,740	1,911
Accounts payable	20	29	49	54	58	61
Accrued liabilities	14	15	18	10	12	14
Current portion of long-term debt	688	0	1	7	9	0
Total current liabilities	1,208	67	96	98	115	108
Long-term debt	0	0	74	293	408	628
Lease liability, non-current	46	52	50	48	11	11
Retained earnings	540	593	581	584	769	724
Total stockholders' equity	582	642	638	653	919	881
Total liabilities and equity	2,032	891	978	1,214	1,740	1,911
Common shares outstanding (cover page) millions of shares	50	50	50	50	55	55

Fiscal years (SHEN's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	127	999	(8)	8	194	(33)
Stock-based compensation	6	3	9	10	10	10
Depreciation and amortization	49	55	69	65	97	130
Net cash from operating activities	303	(251)	75	114	63	101
Purchases of property and equipment	120	160	190	257	319	359
Net cash from investing activities	(156)	1,784	(184)	(237)	(339)	(295)
Share repurchases	0	0	—	—	—	—
Dividends paid	16	940	4	5	6	6
Repayments of long-term debt	—	—	0	0	7	593
Net cash from financing activities	(54)	(1,644)	69	218	184	196
Net change in cash	94	(111)	(40)	95	(93)	2

SIC 4813 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4813 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Shenandoah Telecommunications	19	94	28*	55.4M	—	Q3 FY26 10-QSep 30, 2026
Idt	221	not reported	44*	not reported	—	Q4 FY26 10-KJul 31, 2026
Spok Holdings	30	33	13*	20.9M	—	Q3 FY26 10-QSep 30, 2026
Uniti Group	609	910	79*	242.7M	—	Q2 FY26 10-QJun 30, 2026
Array Digital Infrastructure	416	54	(43)*	86.5M	9.7 quarters	Q2 FY26 10-QJun 30, 2026
Anterix	116	2	2	19.6M	—	Q1 FY27 10-QJun 30, 2026
ATN International	318	185	24*	15.4M	—	Q2 FY26 10-QJun 30, 2026
Telephone & Data Systems	2,194	309	56*	115.1M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.