Shenandoah Telecommunications annual gross margin
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2025
Shenandoah Telecommunications Gross Margin Growth & History (SHEN)
Shenandoah Telecommunications's gross margin was 63.64% for fiscal 2025.
View full Shenandoah Telecommunications company overviewShenandoah Telecommunications annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 63.64% | +2.69 pp |
| 2024 | 2024-12-31 | 60.95% | −1.58 pp |
| 2023 | 2023-12-31 | 62.53% | +3.62 pp |
| 2022 | 2022-12-31 | 58.91% | +0.62 pp |
| 2021 | 2021-12-31 | 58.29% | −1.10 pp |
| 2020 | 2020-12-31 | 59.39% | −0.21 pp |
| 2019 | 2019-12-31 | 59.60% | +1.34 pp |
| 2018 | 2018-12-31 | 58.26% | −7.18 pp |
| 2017 | 2017-12-31 | 65.44% | +1.59 pp |
| 2016 | 2016-12-31 | 63.85% | −0.73 pp |
| 2015 | 2015-12-31 | 64.57% | +4.26 pp |
| 2014 | 2014-12-31 | 60.32% | +0.82 pp |
| 2013 | 2013-12-31 | 59.49% | +0.25 pp |
| 2012 | 2012-12-31 | 59.24% | +1.71 pp |
| 2011 | 2011-12-31 | 57.54% | −4.21 pp |
| 2010 | 2010-12-31 | 61.75% | −4.57 pp |
| 2009 | 2009-12-31 | 66.31% | — |
Shenandoah Telecommunications quarterly gross margin
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| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 65.01% | +1.84 pp |
| Q1 2026 | 2026-03-31 | 65.47% | +3.04 pp |
| Q4 2025 | 2025-12-31 | 64.98% | +3.81 pp |
| Q3 2025 | 2025-09-30 | 63.94% | +3.22 pp |
| Q2 2025 | 2025-06-30 | 63.17% | +3.42 pp |
| Q1 2025 | 2025-03-31 | 62.42% | −0.05 pp |
| Q4 2024 | 2024-12-31 | 61.16% | −2.91 pp |
| Q3 2024 | 2024-09-30 | 60.71% | −0.32 pp |
| Q2 2024 | 2024-06-30 | 59.74% | −3.12 pp |
| Q1 2024 | 2024-03-31 | 62.48% | +0.34 pp |
| Q4 2023 | 2023-12-31 | 64.07% | +6.18 pp |
| Q3 2023 | 2023-09-30 | 61.03% | +2.09 pp |
| Q2 2023 | 2023-06-30 | 62.86% | +3.38 pp |
| Q1 2023 | 2023-03-31 | 62.14% | +3.03 pp |
| Q4 2022 | 2022-12-31 | 57.89% | +3.39 pp |
| Q3 2022 | 2022-09-30 | 58.94% | +0.31 pp |
| Q2 2022 | 2022-06-30 | 59.47% | +0.08 pp |
| Q1 2022 | 2022-03-31 | 59.11% | −1.65 pp |
| Q4 2021 | 2021-12-31 | 54.51% | −3.36 pp |
| Q3 2021 | 2021-09-30 | 58.64% | −0.28 pp |
| Q2 2021 | 2021-06-30 | 59.39% | +0.22 pp |
| Q1 2021 | 2021-03-31 | 60.76% | −1.00 pp |
| Q4 2020 | 2020-12-31 | 57.87% | — |
| Q3 2020 | 2020-09-30 | 58.91% | −0.66 pp |
| Q2 2020 | 2020-06-30 | 59.18% | — |
| Q1 2020 | 2020-03-31 | 61.76% | — |
| Q3 2019 | 2019-09-30 | 59.57% | — |
| Q2 2018 | 2018-06-30 | 68.60% | +0.07 pp |
| Q1 2018 | 2018-03-31 | 67.99% | −0.36 pp |
| Q4 2017 | 2017-12-31 | 61.43% | −4.41 pp |
| Q3 2017 | 2017-09-30 | 63.36% | +0.54 pp |
| Q2 2017 | 2017-06-30 | 68.53% | +7.13 pp |
| Q1 2017 | 2017-03-31 | 68.35% | +2.66 pp |
| Q4 2016 | 2016-12-31 | 65.84% | −0.03 pp |
| Q3 2016 | 2016-09-30 | 62.82% | −1.31 pp |
| Q2 2016 | 2016-06-30 | 61.40% | −3.27 pp |
| Q1 2016 | 2016-03-31 | 65.69% | +2.10 pp |
| Q4 2015 | 2015-12-31 | 65.87% | +4.24 pp |
| Q3 2015 | 2015-09-30 | 64.12% | +4.64 pp |
| Q2 2015 | 2015-06-30 | 64.67% | +4.47 pp |
| Q1 2015 | 2015-03-31 | 63.59% | +3.66 pp |
| Q4 2014 | 2014-12-31 | 61.63% | +2.85 pp |
| Q3 2014 | 2014-09-30 | 59.49% | +0.48 pp |
| Q2 2014 | 2014-06-30 | 60.20% | −0.38 pp |
| Q1 2014 | 2014-03-31 | 59.93% | +0.32 pp |
| Q4 2013 | 2013-12-31 | 58.78% | −7.33 pp |
| Q3 2013 | 2013-09-30 | 59.00% | +4.28 pp |
| Q2 2013 | 2013-06-30 | 60.59% | +2.57 pp |
| Q1 2013 | 2013-03-31 | 59.61% | +1.79 pp |
| Q4 2012 | 2012-12-31 | 66.11% | +11.00 pp |
| Q3 2012 | 2012-09-30 | 54.72% | −4.56 pp |
| Q2 2012 | 2012-06-30 | 58.01% | −1.02 pp |
| Q1 2012 | 2012-03-31 | 57.82% | +0.95 pp |
| Q4 2011 | 2011-12-31 | 55.12% | — |
| Q3 2011 | 2011-09-30 | 59.28% | −0.77 pp |
| Q2 2011 | 2011-06-30 | 59.04% | −4.90 pp |
| Q1 2011 | 2011-03-31 | 56.87% | — |
| Q3 2010 | 2010-09-30 | 60.05% | — |
| Q2 2010 | 2010-06-30 | 63.93% | — |
Shenandoah Telecommunications gross margin trends
Over the last five fiscal years, Shenandoah Telecommunications's gross margin increased from 59.39% to 63.64%, a change of +4.25 percentage points. The latest reported quarter, Q2 2026, shows 65.01%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Shenandoah Telecommunications source filings ↗