Shenandoah Telecommunications (SHEN) Operating Expenses (2010 - 2026)
Shenandoah Telecommunications (SHEN) posted Operating Expenses of $94.48 million for Q2 2026, down 3.3% from $97.68 million a year earlier and down 7.9% from the prior quarter.
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Analysis
Shenandoah Telecommunications (SHEN) Operating Expenses (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Shenandoah Telecommunications was $386.53 million, up 3.2% year-over-year; for FY2025, it was $381.09 million, up 6.9% from FY2024.
- Annual Operating Expenses has increased for seven consecutive years, with a five-year compound annual growth rate of 11.3% (FY2020 to FY2025).
- In prior years, Shenandoah Telecommunications' Operating Expenses was $356.65 million in FY2024 (+32.6%), $268.99 million in FY2023 (+1.0%), $266.37 million in FY2022 (+7.5%) and $247.67 million in FY2021 (+10.9%).
- Quarterly Operating Expenses has run from a low of $61.39 million in Q3 2021 to a high of $102.62 million in Q1 2026 over five years.
- On a year-over-year basis, Operating Expenses increased in six of the last eight quarters, with growth averaging 13.7%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q2 2024, with growth of 52.3%; the weakest was Q4 2022, with a decline of 9.6%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $102.62 million (Q1 2026), $92.47 million (Q4 2025) and $96.96 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn | 27.07 Bn |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn | 17.30 Bn |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn | 24.52 Bn |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn | -117.85 Mn |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - | 24.78 Bn |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn | 309.31 Mn |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn | 3.06 Bn |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn | 329.10 Mn |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - | -2.51 Bn |
| 10 | Shenandoah Telecommunications | 628.38 Mn | 602.53 Mn | 60.76 Mn | 94.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 94.48 Mn |
| Mar 31, 2026 | 102.62 Mn |
| Dec 31, 2025 | 92.47 Mn |
| Sep 30, 2025 | 96.96 Mn |
| Jun 30, 2025 | 97.68 Mn |
| Mar 31, 2025 | 93.99 Mn |
| Dec 31, 2024 | 91.17 Mn |
| Sep 30, 2024 | 91.78 Mn |
| Jun 30, 2024 | 101.68 Mn |
| Mar 31, 2024 | 72.02 Mn |
| Dec 31, 2023 | 67.35 Mn |
| Sep 30, 2023 | 68.02 Mn |
| Jun 30, 2023 | 66.76 Mn |
| Mar 31, 2023 | 66.86 Mn |
| Dec 31, 2022 | 63.72 Mn |
| Sep 30, 2022 | 68.70 Mn |
| Jun 30, 2022 | 69.16 Mn |
| Mar 31, 2022 | 64.79 Mn |
| Dec 31, 2021 | 70.51 Mn |
| Sep 30, 2021 | 61.39 Mn |
API Access
Shenandoah Telecommunications Operating Expenses 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=operating-expenses&ticker=SHEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=SHEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();