Shenandoah Telecommunications (SHEN) Gross Margin (2010 - 2026)
Shenandoah Telecommunications (SHEN) reported Gross Margin of 65.47% for Q1 2026, up 304.0% on a YoY basis from 16.2% in Q1 2025, and up 0.76% quarter-over-quarter from 64.98% in Q4 2025.
Shenandoah Telecommunications (SHEN) Gross Margin (2010 - 2026) Analysis & Trends
Shenandoah Telecommunications has reported Gross Margin for 17 years, with the latest figure at 65.47% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 304.0% year-over-year to 65.47%; the trailing twelve-month figure through Mar 2026 stood at 64.4% (up 338.0% YoY), and the FY2025 full-year result was 63.64%, up 269.0% from the prior year.
- Gross Margin for Q1 2026 stood at 65.47%, up from 64.98% in the prior quarter.
- The five-year high for Gross Margin was 65.47% in Q1 2026, with the low at 57.89% in Q4 2022.
- Historically, Gross Margin has averaged 61.74% across 5 years, with a median of 62.14% in 2023.
- Annual changes were most pronounced in 2023 — Gross Margin soared 618 bps — and 2024, when it sank 312 bps.
- Shenandoah Telecommunications' Gross Margin stood at 57.89% in 2022, then rose by 11 bps to 64.07% in 2023, then dropped by 5 bps to 61.16% in 2024, then grew by 6 bps to 64.98% in 2025, then gained by 1 bps to 65.47% in 2026.
- The last three Gross Margin figures came in at 65.47% (Q1 2026), 64.98% (Q4 2025), and 63.94% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 76.25% |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 81.11% |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 80.13% |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 44.91% |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 75.12% |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 37.92% |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | - |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | - |
| 10 | Shenandoah Telecommunications | 895.53 Mn | 958.30 Mn | 60.33 Mn | 65.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 65.47% |
| Dec 31, 2025 | 64.98% |
| Sep 30, 2025 | 63.94% |
| Jun 30, 2025 | 63.17% |
| Mar 31, 2025 | 62.42% |
| Dec 31, 2024 | 61.16% |
| Sep 30, 2024 | 60.71% |
| Jun 30, 2024 | 59.74% |
| Mar 31, 2024 | 62.48% |
| Dec 31, 2023 | 64.07% |
| Sep 30, 2023 | 61.03% |
| Jun 30, 2023 | 62.86% |
| Mar 31, 2023 | 62.14% |
| Dec 31, 2022 | 57.89% |
| Sep 30, 2022 | 58.94% |
| Jun 30, 2022 | 59.47% |
| Mar 31, 2022 | 59.11% |
| Dec 31, 2021 | 54.51% |
| Sep 30, 2021 | 58.64% |
| Jun 30, 2021 | 59.39% |