Shenandoah Telecommunications (SHEN) Cost of Revenue (2009 - 2026)
Shenandoah Telecommunications (SHEN) reported Cost of Revenue of $32.92 million for Q3 2026, up 1.7% from $32.38 million a year earlier and up 0.7% from the prior quarter.
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Analysis
Shenandoah Telecommunications (SHEN) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Shenandoah Telecommunications' Cost of Revenue came in at $129.53 million, down 1.3% year-over-year; for FY2025, it came in at $130.12 million, up 1.6% from FY2024.
- Cost of Revenue has a five-year compound annual growth rate of 7.7% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $128.11 million in FY2024 (+27.0%), $100.85 million in FY2023 (-1.4%), $102.28 million in FY2022 (unchanged) and $102.3 million in FY2021 (+14.1%).
- The Q3 2026 figure ranks as the highest quarterly Cost of Revenue since Q1 2025.
- Year over year, Cost of Revenue gained in four of the last eight quarters, with growth averaging 5.8%.
- The high point for year-over-year Cost of Revenue in five years was Q2 2024 (growth of 39.5%); the low point was Q4 2022 (a decline of 23.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $32.7 million (Q2 2026), $31.82 million (Q1 2026) and $32.08 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 7.27 Bn |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 8.45 Bn |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 6.10 Bn |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | 1.53 Bn |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | - |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | 1.21 Bn |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 480.41 Mn |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | 1.62 Bn |
| 10 | Shenandoah Telecommunications | 575.80 Mn | 555.55 Mn | 61.02 Mn | 32.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 32.92 Mn |
| Jun 30, 2026 | 32.70 Mn |
| Mar 31, 2026 | 31.82 Mn |
| Dec 31, 2025 | 32.08 Mn |
| Sep 30, 2025 | 32.38 Mn |
| Jun 30, 2025 | 32.62 Mn |
| Mar 31, 2025 | 33.03 Mn |
| Dec 31, 2024 | 33.17 Mn |
| Sep 30, 2024 | 34.42 Mn |
| Jun 30, 2024 | 34.54 Mn |
| Mar 31, 2024 | 25.99 Mn |
| Dec 31, 2023 | 24.40 Mn |
| Sep 30, 2023 | 26.27 Mn |
| Jun 30, 2023 | 24.75 Mn |
| Mar 31, 2023 | 25.43 Mn |
| Dec 31, 2022 | 21.71 Mn |
| Sep 30, 2022 | 27.48 Mn |
| Jun 30, 2022 | 26.76 Mn |
| Mar 31, 2022 | 26.34 Mn |
| Dec 31, 2021 | 28.48 Mn |
API Access
Shenandoah Telecommunications Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SHEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "SHEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SHEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();