Filing Flows › Shenandoah Telecommunications (SHEN) › Q2 2026 › vs Q2 2025
Shenandoah Telecommunications (SHEN) Q2 2026 vs Q2 2025 (year over year)
Shenandoah Telecommunications's revenue rose $4.9M (+6%) from $88.6M in Q2 2025 to $93.5M in Q2 2026. The biggest changes: Residential & SMB - Glo Fiber Expansion Markets +$6.5M (+33%); Residential & SMB - Incumbent Broadband Markets −$2.6M (-6%); Commercial Fiber +$1.9M (+10%).
Shenandoah Telecommunications, Q2 2026: revenue $93.5M (+6% year over year), operating margin -1.1%, net loss $7.7M, operating cash flow $24.4M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Residential & SMB - Incumbent Broadband Markets | $40.3M | $42.8M | −$2.6M | -6% |
| Residential & SMB - Glo Fiber Expansion Markets | $26.3M | $19.8M | $6.5M | +33% |
| Commercial Fiber | $21.4M | $19.5M | $1.9M | +10% |
| RLEC & Other | $5.5M | $6.5M | −$947K | -15% |
| Revenue | $93.5M | $88.6M | $4.9M | +6% |
| Income tax benefit | $2.5M | $3.0M | −$507K | -17% |
| Net loss | $7.7M | $9.0M | −$1.3M | -15% |
| Costs & expenses | $104M | $101M | $3.0M | +3% |
| Operating costs | $94.5M | $97.7M | −$3.2M | -3% |
| Interest & other, net | $9.2M | $3.0M | $6.2M | +209% |
| Cost of revenue | $32.7M | $32.6M | $79K | +0.2% |
| SG&A | $31.0M | $29.7M | $1.3M | +4% |
| Other operating costs | $30.8M | $35.3M | −$4.6M | -13% |
| Operating cash sources | $32.5M | $37.3M | −$4.8M | -13% |
| Depreciation & amortization | $30.2M | $35.1M | −$4.9M | -14% |
| Share-based compensation | $2.3M | $2.2M | $116K | +5% |
| Net loss absorbed | $7.7M | $9.0M | −$1.3M | -15% |
| Working capital & other | $395K | $7.3M | −$6.9M | -95% |
| Operating cash flow | $24.4M | $20.9M | $3.5M | +17% |
| Capital expenditures | $70.4M | $86.2M | −$15.8M | -18% |
| Negative free cash flow (OCF − capex) | $45.9M | $65.2M | −$19.3M | -30% |
Questions
How much did Shenandoah Telecommunications's revenue grow year over year in Q2 2026?
Shenandoah Telecommunications's revenue rose $4.9M (+6%) from $88.6M in Q2 2025 to $93.5M in Q2 2026.
What drove Shenandoah Telecommunications's revenue change in Q2 2026?
Residential & SMB - Glo Fiber Expansion Markets +$6.5M (+33%); Residential & SMB - Incumbent Broadband Markets −$2.6M (-6%); Commercial Fiber +$1.9M (+10%).