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Side-by-side financial comparison of ACNB CORP (ACNB) and SHENANDOAH TELECOMMUNICATIONS CO (SHEN). Click either name above to swap in a different company.
SHENANDOAH TELECOMMUNICATIONS CO is the larger business by last-quarter revenue ($91.6M vs $47.2M, roughly 1.9× ACNB CORP). ACNB CORP runs the higher net margin — 22.9% vs -5.9%, a 28.8% gap on every dollar of revenue. On growth, ACNB CORP posted the faster year-over-year revenue change (42.2% vs 7.2%). ACNB CORP produced more free cash flow last quarter ($52.6M vs $-78.6M). Over the past eight quarters, ACNB CORP's revenue compounded faster (22.1% CAGR vs 15.0%).
ACNB Corp is a US-based financial holding company headquartered in Pennsylvania. It provides a full suite of financial solutions including retail and commercial banking, wealth management, trust services, and property & casualty insurance products. Its core market covers local communities, individual consumers, and small-to-medium enterprises across south-central Pennsylvania and northern Maryland.
Shenandoah Telecommunications Co is a U.S. regional telecom provider offering broadband internet, wireless voice/data services, digital cable TV, and fiber-optic solutions. It serves residential, small business and enterprise clients across Mid-Atlantic states, focusing on underserved rural and suburban markets in Virginia, West Virginia, Maryland and Pennsylvania.
ACNB vs SHEN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $47.2M | $91.6M |
| Net Profit | $10.8M | $-5.4M |
| Gross Margin | — | — |
| Operating Margin | 27.9% | -1.0% |
| Net Margin | 22.9% | -5.9% |
| Revenue YoY | 42.2% | 7.2% |
| Net Profit YoY | 63.8% | -95.8% |
| EPS (diluted) | $1.10 | $-0.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $47.2M | $91.6M | ||
| Q3 25 | $50.9M | $89.8M | ||
| Q2 25 | $50.3M | $88.6M | ||
| Q1 25 | $43.5M | $87.9M | ||
| Q4 24 | $33.2M | $85.4M | ||
| Q3 24 | $34.1M | $87.6M | ||
| Q2 24 | $33.3M | $85.8M | ||
| Q1 24 | $31.6M | $69.2M |
| Q4 25 | $10.8M | $-5.4M | ||
| Q3 25 | $14.9M | $-9.4M | ||
| Q2 25 | $11.6M | $-9.0M | ||
| Q1 25 | $-272.0K | $-9.1M | ||
| Q4 24 | $6.6M | $-2.7M | ||
| Q3 24 | $7.2M | $-5.3M | ||
| Q2 24 | $11.3M | $-12.9M | ||
| Q1 24 | $6.8M | $214.7M |
| Q4 25 | 27.9% | -1.0% | ||
| Q3 25 | 37.2% | -8.0% | ||
| Q2 25 | 29.7% | -10.3% | ||
| Q1 25 | -1.3% | -6.9% | ||
| Q4 24 | 24.8% | -6.7% | ||
| Q3 24 | 27.6% | -4.8% | ||
| Q2 24 | 42.8% | -18.5% | ||
| Q1 24 | 26.9% | -4.0% |
| Q4 25 | 22.9% | -5.9% | ||
| Q3 25 | 29.2% | -10.5% | ||
| Q2 25 | 23.2% | -10.2% | ||
| Q1 25 | -0.6% | -10.4% | ||
| Q4 24 | 19.9% | -3.2% | ||
| Q3 24 | 21.1% | -6.0% | ||
| Q2 24 | 33.9% | -15.0% | ||
| Q1 24 | 21.4% | 310.0% |
| Q4 25 | $1.10 | $-0.13 | ||
| Q3 25 | $1.42 | $-0.20 | ||
| Q2 25 | $1.11 | $-0.19 | ||
| Q1 25 | $-0.03 | $-0.19 | ||
| Q4 24 | $0.77 | $-0.34 | ||
| Q3 24 | $0.84 | $-0.13 | ||
| Q2 24 | $1.32 | $-0.24 | ||
| Q1 24 | $0.80 | $4.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $65.6M | $27.3M |
| Total DebtLower is stronger | $255.4M | $642.4M |
| Stockholders' EquityBook value | $420.0M | $880.8M |
| Total Assets | $3.2B | $1.9B |
| Debt / EquityLower = less leverage | 0.61× | 0.73× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $65.6M | $27.3M | ||
| Q3 25 | $102.1M | $22.6M | ||
| Q2 25 | $103.1M | $29.1M | ||
| Q1 25 | $123.6M | $87.5M | ||
| Q4 24 | $47.3M | $46.3M | ||
| Q3 24 | $58.1M | $43.1M | ||
| Q2 24 | $86.3M | $43.8M | ||
| Q1 24 | $53.1M | $389.7M |
| Q4 25 | $255.4M | $642.4M | ||
| Q3 25 | $255.4M | $535.4M | ||
| Q2 25 | $255.4M | $513.1M | ||
| Q1 25 | $255.3M | $515.8M | ||
| Q4 24 | $255.3M | $418.0M | ||
| Q3 24 | $255.3M | $345.2M | ||
| Q2 24 | $255.3M | $297.4M | ||
| Q1 24 | $255.3M | $298.7M |
| Q4 25 | $420.0M | $880.8M | ||
| Q3 25 | $408.6M | $892.7M | ||
| Q2 25 | $395.2M | $902.0M | ||
| Q1 25 | $386.9M | $910.5M | ||
| Q4 24 | $303.3M | $918.6M | ||
| Q3 24 | $306.8M | $925.4M | ||
| Q2 24 | $289.3M | $933.1M | ||
| Q1 24 | $279.9M | $871.6M |
| Q4 25 | $3.2B | $1.9B | ||
| Q3 25 | $3.3B | $1.9B | ||
| Q2 25 | $3.3B | $1.8B | ||
| Q1 25 | $3.3B | $1.8B | ||
| Q4 24 | $2.4B | $1.7B | ||
| Q3 24 | $2.4B | $1.7B | ||
| Q2 24 | $2.5B | $1.7B | ||
| Q1 24 | $2.4B | $1.4B |
| Q4 25 | 0.61× | 0.73× | ||
| Q3 25 | 0.62× | 0.60× | ||
| Q2 25 | 0.65× | 0.57× | ||
| Q1 25 | 0.66× | 0.57× | ||
| Q4 24 | 0.84× | 0.46× | ||
| Q3 24 | 0.83× | 0.37× | ||
| Q2 24 | 0.88× | 0.32× | ||
| Q1 24 | 0.91× | 0.34× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $53.6M | $28.8M |
| Free Cash FlowOCF − Capex | $52.6M | $-78.6M |
| FCF MarginFCF / Revenue | 111.4% | -85.8% |
| Capex IntensityCapex / Revenue | 2.3% | 117.2% |
| Cash ConversionOCF / Net Profit | 4.96× | — |
| TTM Free Cash FlowTrailing 4 quarters | $92.2M | $-257.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $53.6M | $28.8M | ||
| Q3 25 | $23.2M | $30.7M | ||
| Q2 25 | $17.8M | $20.9M | ||
| Q1 25 | $-71.0K | $20.5M | ||
| Q4 24 | $39.8M | $20.6M | ||
| Q3 24 | $13.6M | $24.3M | ||
| Q2 24 | $9.7M | $2.5M | ||
| Q1 24 | $10.8M | $15.2M |
| Q4 25 | $52.6M | $-78.6M | ||
| Q3 25 | $22.8M | $-51.4M | ||
| Q2 25 | $17.6M | $-65.3M | ||
| Q1 25 | $-730.0K | $-62.7M | ||
| Q4 24 | $38.8M | $-72.0M | ||
| Q3 24 | $13.3M | $-51.3M | ||
| Q2 24 | $9.4M | $-78.3M | ||
| Q1 24 | $10.7M | $-54.9M |
| Q4 25 | 111.4% | -85.8% | ||
| Q3 25 | 44.7% | -57.2% | ||
| Q2 25 | 35.0% | -73.7% | ||
| Q1 25 | -1.7% | -71.3% | ||
| Q4 24 | 117.0% | -84.3% | ||
| Q3 24 | 39.1% | -58.5% | ||
| Q2 24 | 28.3% | -91.3% | ||
| Q1 24 | 33.9% | -79.3% |
| Q4 25 | 2.3% | 117.2% | ||
| Q3 25 | 0.8% | 91.4% | ||
| Q2 25 | 0.4% | 97.3% | ||
| Q1 25 | 1.5% | 94.7% | ||
| Q4 24 | 2.9% | 108.4% | ||
| Q3 24 | 0.7% | 86.2% | ||
| Q2 24 | 0.9% | 94.2% | ||
| Q1 24 | 0.2% | 101.2% |
| Q4 25 | 4.96× | — | ||
| Q3 25 | 1.56× | — | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.03× | — | ||
| Q3 24 | 1.88× | — | ||
| Q2 24 | 0.86× | — | ||
| Q1 24 | 1.60× | 0.07× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ACNB
Segment breakdown not available.
SHEN
| Residential And SMB Incumbent Broadband | $41.5M | 45% |
| Residential And SMB Glo Fiber Expansion Markets | $23.0M | 25% |
| Commercial Fiber | $20.3M | 22% |
| RLEC Other | $6.8M | 7% |
