Shenandoah Telecommunications Operating Expenses Growth & History (SHEN)
Shenandoah Telecommunications's operating expenses was $381.1M for fiscal 2025.
View full Shenandoah Telecommunications company overviewShenandoah Telecommunications annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $381.1M | $24.4M | +6.85% |
| 2024 | 2024-12-31 | $356.6M | $87.7M | +32.59% |
| 2023 | 2023-12-31 | $269.0M | $2.6M | +0.98% |
| 2022 | 2022-12-31 | $266.4M | $18.7M | +7.55% |
| 2021 | 2021-12-31 | $247.7M | $24.3M | +10.88% |
| 2020 | 2020-12-31 | $223.4M | $15.2M | +7.29% |
| 2019 | 2019-12-31 | $208.2M | $12.6M | +6.42% |
| 2018 | 2018-12-31 | $195.7M | −$369.8M | −65.40% |
| 2017 | 2017-12-31 | $565.5M | $52.7M | +10.28% |
| 2016 | 2016-12-31 | $512.8M | $244.4M | +91.04% |
| 2015 | 2015-12-31 | $268.4M | $3.4M | +1.28% |
| 2014 | 2014-12-31 | $265.0M | $11.5M | +4.52% |
| 2013 | 2013-12-31 | $253.5M | $118,000 | +0.05% |
| 2012 | 2012-12-31 | $253.4M | $34.6M | +15.79% |
| 2011 | 2011-12-31 | $218.9M | $56.0M | +34.37% |
| 2010 | 2010-12-31 | $162.9M | $44.9M | +38.04% |
| 2009 | 2009-12-31 | $118.0M | — | — |
Shenandoah Telecommunications quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $61.6M | −$36.0M | −36.89% |
| Q1 2026 | 2026-03-31 | $102.6M | $8.6M | +9.18% |
| Q4 2025 | 2025-12-31 | $92.5M | $1.3M | +1.42% |
| Q3 2025 | 2025-09-30 | $97.0M | $5.2M | +5.65% |
| Q2 2025 | 2025-06-30 | $97.7M | −$4.0M | −3.94% |
| Q1 2025 | 2025-03-31 | $94.0M | $22.0M | +30.50% |
| Q4 2024 | 2024-12-31 | $91.2M | $23.8M | +35.36% |
| Q3 2024 | 2024-09-30 | $91.8M | $23.8M | +34.93% |
| Q2 2024 | 2024-06-30 | $101.7M | $34.9M | +52.31% |
| Q1 2024 | 2024-03-31 | $72.0M | $5.2M | +7.73% |
| Q4 2023 | 2023-12-31 | $67.3M | $3.6M | +5.70% |
| Q3 2023 | 2023-09-30 | $68.0M | −$676,000 | −0.98% |
| Q2 2023 | 2023-06-30 | $66.8M | −$2.4M | −3.46% |
| Q1 2023 | 2023-03-31 | $66.9M | $2.1M | +3.19% |
| Q4 2022 | 2022-12-31 | $63.7M | −$6.8M | −9.62% |
| Q3 2022 | 2022-09-30 | $68.7M | $7.3M | +11.89% |
| Q2 2022 | 2022-06-30 | $69.2M | $10.8M | +18.60% |
| Q1 2022 | 2022-03-31 | $64.8M | $7.3M | +12.76% |
| Q4 2021 | 2021-12-31 | $70.5M | $60.8M | +624.69% |
| Q3 2021 | 2021-09-30 | $61.4M | $28.8M | +88.18% |
| Q2 2021 | 2021-06-30 | $58.3M | −$68.2M | −53.91% |
| Q1 2021 | 2021-03-31 | $57.5M | $3.0M | +5.44% |
| Q4 2020 | 2020-12-31 | $9.7M | — | — |
| Q3 2020 | 2020-09-30 | $32.6M | −$18.5M | −36.20% |
| Q2 2020 | 2020-06-30 | $126.5M | −$8.4M | −6.20% |
| Q1 2020 | 2020-03-31 | $54.5M | −$79.6M | −59.35% |
| Q3 2019 | 2019-09-30 | $51.1M | −$79.3M | −60.79% |
| Q2 2019 | 2019-06-30 | $134.9M | −$438,000 | −0.32% |
| Q1 2019 | 2019-03-31 | $134.1M | −$3.3M | −2.42% |
| Q3 2018 | 2018-09-30 | $130.4M | −$11.9M | −8.37% |
| Q2 2018 | 2018-06-30 | $135.3M | −$9.7M | −6.67% |
| Q1 2018 | 2018-03-31 | $137.4M | −$5.8M | −4.07% |
| Q4 2017 | 2017-12-31 | $135.0M | −$9.3M | −6.46% |
| Q3 2017 | 2017-09-30 | $142.3M | −$18.5M | −11.48% |
| Q2 2017 | 2017-06-30 | $145.0M | $8.5M | +6.26% |
| Q1 2017 | 2017-03-31 | $143.2M | $71.9M | +100.97% |
| Q4 2016 | 2016-12-31 | $144.3M | $78.7M | +120.06% |
| Q3 2016 | 2016-09-30 | $160.8M | $90.6M | +129.26% |
| Q2 2016 | 2016-06-30 | $136.5M | $69.5M | +103.82% |
| Q1 2016 | 2016-03-31 | $71.3M | $5.5M | +8.36% |
| Q4 2015 | 2015-12-31 | $65.6M | −$920,000 | −1.38% |
| Q3 2015 | 2015-09-30 | $70.1M | $2.0M | +2.93% |
| Q2 2015 | 2015-06-30 | $67.0M | $1.3M | +2.02% |
| Q1 2015 | 2015-03-31 | $65.8M | $989,000 | +1.53% |
| Q4 2014 | 2014-12-31 | $66.5M | $955,000 | +1.46% |
| Q3 2014 | 2014-09-30 | $68.1M | $3.9M | +6.03% |
| Q2 2014 | 2014-06-30 | $65.6M | $2.7M | +4.24% |
| Q1 2014 | 2014-03-31 | $64.8M | $4.0M | +6.53% |
| Q4 2013 | 2013-12-31 | $65.5M | −$172,000 | −0.26% |
| Q3 2013 | 2013-09-30 | $64.3M | −$3.2M | −4.77% |
| Q2 2013 | 2013-06-30 | $63.0M | $2.7M | +4.50% |
| Q1 2013 | 2013-03-31 | $60.8M | $795,000 | +1.32% |
| Q4 2012 | 2012-12-31 | $65.7M | $7.2M | +12.37% |
| Q3 2012 | 2012-09-30 | $67.5M | $14.0M | +26.14% |
| Q2 2012 | 2012-06-30 | $60.2M | $6.7M | +12.47% |
| Q1 2012 | 2012-03-31 | $60.0M | $6.7M | +12.50% |
| Q4 2011 | 2011-12-31 | $58.5M | — | — |
| Q3 2011 | 2011-09-30 | $53.5M | $5.8M | +12.26% |
| Q2 2011 | 2011-06-30 | $53.6M | $19.0M | +54.93% |
| Q1 2011 | 2011-03-31 | $53.3M | — | — |
| Q3 2010 | 2010-09-30 | $47.6M | — | — |
| Q2 2010 | 2010-06-30 | $34.6M | — | — |
Shenandoah Telecommunications operating expenses trends
Over the last five fiscal years, Shenandoah Telecommunications's operating expenses increased from $223.4M to $381.1M, a change of $157.7M. The latest reported quarter, Q2 2026, shows $61.6M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Shenandoah Telecommunications source filings ↗