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Side-by-side financial comparison of Clarus Corp (CLAR) 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 $65.4M, roughly 1.4× Clarus Corp). SHENANDOAH TELECOMMUNICATIONS CO runs the higher net margin — -5.9% vs -47.8%, a 41.9% gap on every dollar of revenue. On growth, SHENANDOAH TELECOMMUNICATIONS CO posted the faster year-over-year revenue change (7.2% vs -8.4%). Clarus Corp produced more free cash flow last quarter ($11.6M vs $-78.6M). Over the past eight quarters, SHENANDOAH TELECOMMUNICATIONS CO's revenue compounded faster (15.0% CAGR vs -2.9%).
Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.
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.
CLAR vs SHEN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $65.4M | $91.6M |
| Net Profit | $-31.3M | $-5.4M |
| Gross Margin | 27.7% | — |
| Operating Margin | -59.6% | -1.0% |
| Net Margin | -47.8% | -5.9% |
| Revenue YoY | -8.4% | 7.2% |
| Net Profit YoY | 52.3% | -95.8% |
| EPS (diluted) | $-0.81 | $-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 | $65.4M | $91.6M | ||
| Q3 25 | $69.3M | $89.8M | ||
| Q2 25 | $55.2M | $88.6M | ||
| Q1 25 | $60.4M | $87.9M | ||
| Q4 24 | $71.4M | $85.4M | ||
| Q3 24 | $67.1M | $87.6M | ||
| Q2 24 | $56.5M | $85.8M | ||
| Q1 24 | $69.3M | $69.2M |
| Q4 25 | $-31.3M | $-5.4M | ||
| Q3 25 | $-1.6M | $-9.4M | ||
| Q2 25 | $-8.4M | $-9.0M | ||
| Q1 25 | $-5.2M | $-9.1M | ||
| Q4 24 | $-65.5M | $-2.7M | ||
| Q3 24 | $-3.2M | $-5.3M | ||
| Q2 24 | $-5.5M | $-12.9M | ||
| Q1 24 | $21.9M | $214.7M |
| Q4 25 | 27.7% | — | ||
| Q3 25 | 35.1% | — | ||
| Q2 25 | 35.6% | — | ||
| Q1 25 | 34.4% | — | ||
| Q4 24 | 33.4% | — | ||
| Q3 24 | 35.0% | — | ||
| Q2 24 | 36.1% | — | ||
| Q1 24 | 35.9% | — |
| Q4 25 | -59.6% | -1.0% | ||
| Q3 25 | -4.4% | -8.0% | ||
| Q2 25 | -19.7% | -10.3% | ||
| Q1 25 | -11.2% | -6.9% | ||
| Q4 24 | -70.2% | -6.7% | ||
| Q3 24 | -8.0% | -4.8% | ||
| Q2 24 | -14.4% | -18.5% | ||
| Q1 24 | -9.8% | -4.0% |
| Q4 25 | -47.8% | -5.9% | ||
| Q3 25 | -2.3% | -10.5% | ||
| Q2 25 | -15.3% | -10.2% | ||
| Q1 25 | -8.7% | -10.4% | ||
| Q4 24 | -91.8% | -3.2% | ||
| Q3 24 | -4.7% | -6.0% | ||
| Q2 24 | -9.7% | -15.0% | ||
| Q1 24 | 31.6% | 310.0% |
| Q4 25 | $-0.81 | $-0.13 | ||
| Q3 25 | $-0.04 | $-0.20 | ||
| Q2 25 | $-0.22 | $-0.19 | ||
| Q1 25 | $-0.14 | $-0.19 | ||
| Q4 24 | $-1.72 | $-0.34 | ||
| Q3 24 | $-0.08 | $-0.13 | ||
| Q2 24 | $-0.14 | $-0.24 | ||
| Q1 24 | $0.57 | $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 | $36.7M | $27.3M |
| Total DebtLower is stronger | $0 | $642.4M |
| Stockholders' EquityBook value | $196.4M | $880.8M |
| Total Assets | $249.0M | $1.9B |
| Debt / EquityLower = less leverage | 0.00× | 0.73× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.7M | $27.3M | ||
| Q3 25 | $29.5M | $22.6M | ||
| Q2 25 | $28.5M | $29.1M | ||
| Q1 25 | $41.3M | $87.5M | ||
| Q4 24 | $45.4M | $46.3M | ||
| Q3 24 | $36.4M | $43.1M | ||
| Q2 24 | $46.2M | $43.8M | ||
| Q1 24 | $47.5M | $389.7M |
| Q4 25 | $0 | $642.4M | ||
| Q3 25 | $2.0M | $535.4M | ||
| Q2 25 | $1.9M | $513.1M | ||
| Q1 25 | $1.9M | $515.8M | ||
| Q4 24 | $1.9M | $418.0M | ||
| Q3 24 | — | $345.2M | ||
| Q2 24 | — | $297.4M | ||
| Q1 24 | $37.0K | $298.7M |
| Q4 25 | $196.4M | $880.8M | ||
| Q3 25 | $225.8M | $892.7M | ||
| Q2 25 | $225.1M | $902.0M | ||
| Q1 25 | $229.3M | $910.5M | ||
| Q4 24 | $233.1M | $918.6M | ||
| Q3 24 | $308.5M | $925.4M | ||
| Q2 24 | $307.3M | $933.1M | ||
| Q1 24 | $310.4M | $871.6M |
| Q4 25 | $249.0M | $1.9B | ||
| Q3 25 | $283.1M | $1.9B | ||
| Q2 25 | $286.5M | $1.8B | ||
| Q1 25 | $292.8M | $1.8B | ||
| Q4 24 | $294.1M | $1.7B | ||
| Q3 24 | $375.3M | $1.7B | ||
| Q2 24 | $369.4M | $1.7B | ||
| Q1 24 | $377.0M | $1.4B |
| Q4 25 | 0.00× | 0.73× | ||
| Q3 25 | 0.01× | 0.60× | ||
| Q2 25 | 0.01× | 0.57× | ||
| Q1 25 | 0.01× | 0.57× | ||
| Q4 24 | 0.01× | 0.46× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.32× | ||
| Q1 24 | 0.00× | 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 | $12.5M | $28.8M |
| Free Cash FlowOCF − Capex | $11.6M | $-78.6M |
| FCF MarginFCF / Revenue | 17.7% | -85.8% |
| Capex IntensityCapex / Revenue | 1.4% | 117.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-9.9M | $-257.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.5M | $28.8M | ||
| Q3 25 | $-5.7M | $30.7M | ||
| Q2 25 | $-9.4M | $20.9M | ||
| Q1 25 | $-2.1M | $20.5M | ||
| Q4 24 | $16.6M | $20.6M | ||
| Q3 24 | $-8.3M | $24.3M | ||
| Q2 24 | $834.0K | $2.5M | ||
| Q1 24 | $-16.4M | $15.2M |
| Q4 25 | $11.6M | $-78.6M | ||
| Q3 25 | $-7.0M | $-51.4M | ||
| Q2 25 | $-11.3M | $-65.3M | ||
| Q1 25 | $-3.3M | $-62.7M | ||
| Q4 24 | $14.4M | $-72.0M | ||
| Q3 24 | $-9.4M | $-51.3M | ||
| Q2 24 | $-744.0K | $-78.3M | ||
| Q1 24 | $-18.3M | $-54.9M |
| Q4 25 | 17.7% | -85.8% | ||
| Q3 25 | -10.0% | -57.2% | ||
| Q2 25 | -20.4% | -73.7% | ||
| Q1 25 | -5.4% | -71.3% | ||
| Q4 24 | 20.1% | -84.3% | ||
| Q3 24 | -14.0% | -58.5% | ||
| Q2 24 | -1.3% | -91.3% | ||
| Q1 24 | -26.3% | -79.3% |
| Q4 25 | 1.4% | 117.2% | ||
| Q3 25 | 1.8% | 91.4% | ||
| Q2 25 | 3.4% | 97.3% | ||
| Q1 25 | 2.0% | 94.7% | ||
| Q4 24 | 3.1% | 108.4% | ||
| Q3 24 | 1.6% | 86.2% | ||
| Q2 24 | 2.8% | 94.2% | ||
| Q1 24 | 2.7% | 101.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | -0.75× | 0.07× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLAR
| Other | $37.1M | 57% |
| Outdoor Segment | $25.3M | 39% |
| Adventure Segment | $3.0M | 5% |
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% |