Filing Flows › Shenandoah Telecommunications (SHEN) › Q2 2026
Shenandoah Telecommunications (SHEN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Shenandoah Telecommunications (SHEN) reported revenue of $93.5M for the second quarter 2026 (Q2 2026), +6% from a year earlier and +1% from the quarter before. Operating margin was -1.1%, net loss $7.7M (8.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $93.5M | +1% | +6% |
| Operating profit | −$1.0M | — | — |
| Net earnings | −$7.7M | — | — |
| Operating cash flow | $24.4M | +0.3% | +17% |
What changed
Revenue was $93.5M in Q2 2026, up 6% year over year and up 1% from the previous quarter. Residential & SMB - Incumbent Broadband Markets was the largest line at 43% of revenue. Residential & SMB - Glo Fiber Expansion Markets added $6.5M year over year (up 33%), 133% of the total change. RLEC & Other declined 15%.
Operating costs exceeded revenue by $1.0M, an operating margin of -1.1%. Total costs fell 3% while revenue rose 6%. The quarter ended with a net loss of $7.7M, narrower than the previous quarter's $15.8M loss. Net interest and other expense of $9.2M was the main reason.
Operating cash flow was $24.4M (up 17% year over year). Non-cash charges added back $30.2M of depreciation and amortization and $2.3M of share-based compensation. Capital expenditures of $70.4M exceeded it, leaving free cash flow of −$45.9M.
Questions
What was Shenandoah Telecommunications' revenue in the second quarter 2026?
Shenandoah Telecommunications (SHEN) reported revenue of $93.5M for the second quarter 2026 (Q2 2026), +6% from a year earlier and +1% from the quarter before.
Was Shenandoah Telecommunications profitable in the second quarter 2026?
Operating loss was $1.0M (-1.1% of revenue) and net loss $7.7M.