Shenandoah Telecommunications (SHEN) Operating Expenses (2010 - 2026)
Shenandoah Telecommunications' (SHEN) quarterly Operating Expenses came in at $94.5 million in Q2 2026, down 3.27% YoY from $97.7 million in Q2 2025, and down 7.94% on a QoQ basis from $102.6 million in Q1 2026.
Shenandoah Telecommunications (SHEN) Operating Expenses (2010 - 2026) Analysis & Trends
Shenandoah Telecommunications (SHEN) has 17 years of Operating Expenses data on file, last reported at $94.5 million in Q2 2026.
- Quarterly Operating Expenses fell 3.27% year-over-year to $94.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $386.5 million (up 3.18% YoY) and the FY2025 annual result came in at $381.1 million, up 6.85% from the prior year.
- Operating Expenses eased to $94.5 million in Q2 2026, from $102.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $102.6 million in Q1 2026 to a low of $63.7 million in Q4 2022.
- A 5-year average of $81.7 million and a median of $81.6 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses slipped 9.62% — and 2024, when it surged 52.31%.
- Tracing SHEN's Operating Expenses over 5 years: stood at $63.7 million in 2022, then climbed by 5.7% to $67.4 million in 2023, then jumped by 35.36% to $91.2 million in 2024, then advanced by 1.42% to $92.5 million in 2025, then rose by 2.18% to $94.5 million in 2026.
- The last three Operating Expenses figures came in at $94.5 million (Q2 2026), $102.6 million (Q1 2026), and $92.5 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | 27.07 Bn |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | 17.30 Bn |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | -11.74 Mn |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | 24.52 Bn |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | 309.31 Mn |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | 3.06 Bn |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | 2.51 Bn |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | 152.54 Mn |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | -191.29 Mn |
| 10 | Shenandoah Telecommunications | 683.85 Mn | 652.95 Mn | 60.76 Mn | 94.48 Mn |
Historic Data
Download 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 |