Shenandoah Telecommunications (SHEN) Gross Margin (2010 - 2026)
Shenandoah Telecommunications' Gross Margin came in at 65.01% for Q2 2026, up 1.84 percentage points from 63.17% a year earlier but down 0.46 percentage points from the prior quarter.
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Analysis
Shenandoah Telecommunications (SHEN) Gross Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Shenandoah Telecommunications reported Gross Margin of 64.85%, up 2.98 percentage points year-over-year; for FY2025, it came in at 63.64%, up 2.69 percentage points from FY2024.
- Gross Margin carries a five-year change of +4.25 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 60.95% in FY2024 (-1.58 pp), 62.53% in FY2023 (+3.62 pp), 58.91% in FY2022 (+0.62 pp) and 58.29% in FY2021 (-1.10 pp).
- The five-year range for quarterly Gross Margin is 54.51% (Q4 2021) to 65.47% (Q1 2026).
- Year-over-year, Gross Margin has increased for five consecutive quarters, with an average year-over-year change of +1.51 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2023 (a gain of 6.18 percentage points), and the weakest in Q4 2021 (a drop of 3.36 percentage points).
- Business Quant data shows SHEN's Gross Margin at 65.47% (Q1 2026), 64.98% (Q4 2025) and 63.94% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn | 64.75% |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn | 81.81% |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | 38.75% |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - | - |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn | 37.54% |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn | 46.08% |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn | 25.23% |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - | - |
| 10 | Shenandoah Telecommunications | 628.38 Mn | 602.53 Mn | 60.76 Mn | 65.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 65.01% |
| 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% |
API Access
Shenandoah Telecommunications Gross Margin 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=gross-margin&ticker=SHEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=SHEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();