Shenandoah Telecommunications Company (SHEN) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
SHEN Revenue Growth
Revenue Breakdown (FY 2025)
SHEN's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
SHEN Revenue Analysis (2014–2025)
As of May 7, 2026, Shenandoah Telecommunications Company (SHEN) generated trailing twelve-month (TTM) revenue of $266.3 million, reflecting significant decline in growth of -100.0% year-over-year. The most recent quarter (Q4 2025) recorded $0 in revenue, down 100.0% sequentially.
Looking at the longer-term picture, SHEN's 5-year compound annual growth rate (CAGR) stands at +10.1%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $630.9 million in 2018.
Revenue diversification analysis shows SHEN's business is primarily driven by Service (100%). With over half of revenue concentrated in Service, the company maintains significant focus in this area while developing other growth vectors.
When compared to Communication Services sector peers including LUMN (-6.8% YoY), TDS (-40.0% YoY), and CABO (-5.3% YoY), SHEN has underperformed the peer group in terms of revenue growth. Compare SHEN vs LUMN →
SHEN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SHENCurrent | $266M | -100.0% | +10.1% | -6.2% | |
 LUMN | $12.4B | -6.8% | -9.7% | -1.5% | |
 TDS | $1.2B | -40.0% | -25.1% | -5.0% | |
 CABO | $1.5B | -5.3% | +2.5% | 26.5% | |
 WOW | $631M | -8.7% | -2.8% | 1.0% | |
 ATUS | $8.6B | -4.1% | -2.8% | -1.3% |
SHEN Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $357.9M | +9.1% | $96.1M | 26.9% | $-22,064,000 | -6.2% |
| 2024 | $328.1M | +14.2% | $199.9M | 60.9% | $-28,591,000 | -8.7% |
| 2023 | $287.4M | +15.5% | $181.3M | 63.1% | $9.6M | 3.3% |
| 2022 | $248.9M | +1.5% | $146.6M | 58.9% | $-17,456,000 | -7.0% |
| 2021 | $245.2M | +11.1% | $142.9M | 58.3% | $-2,430,000 | -1.0% |
| 2020 | $220.8M | +6.7% | $131.1M | 59.4% | $-2,601,000 | -1.2% |
| 2019 | $206.9M | -67.2% | $123.3M | 59.6% | $-1,342,000 | -0.6% |
| 2018 | $630.9M | +3.1% | $372.9M | 59.1% | $93.2M | 14.8% |
| 2017 | $612.0M | +14.3% | $400.5M | 65.4% | $46.5M | 7.6% |
| 2016 | $535.3M | +56.3% | $341.8M | 63.8% | $22.5M | 4.2% |
See SHEN's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs SHEN Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare SHEN vs NFLX
Side-by-side business, growth, and profitability comparison vs Netflix, Inc..
Start ComparisonSHEN — Frequently Asked Questions
Quick answers to the most common questions about buying SHEN stock.
Is SHEN's revenue growth accelerating or slowing?
SHEN revenue declined -100.0% year-over-year, contrasting with the 5-year CAGR of +10.1%. TTM revenue fell to $266M. This reverses the prior growth trend.
What is SHEN's long-term revenue growth rate?
Shenandoah Telecommunications Company's 5-year revenue CAGR of +10.1% reflects the variable expansion pattern. Current YoY growth of -100.0% is below this long-term average.
How is SHEN's revenue distributed by segment?
SHEN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.