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Side-by-side financial comparison of Cytek Biosciences, Inc. (CTKB) 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 $62.1M, roughly 1.5× Cytek Biosciences, Inc.). SHENANDOAH TELECOMMUNICATIONS CO runs the higher net margin — -5.9% vs -70.9%, a 65.1% gap on every dollar of revenue. On growth, Cytek Biosciences, Inc. posted the faster year-over-year revenue change (8.1% vs 7.2%). Cytek Biosciences, Inc. produced more free cash flow last quarter ($-1.8M vs $-78.6M). Over the past eight quarters, Cytek Biosciences, Inc.'s revenue compounded faster (17.7% CAGR vs 15.0%).
Cytek Biosciences, Inc. develops, manufactures and sells high-performance flow cytometry systems, associated reagents and analysis software. Its solutions serve life science research, clinical diagnostics and biopharmaceutical sectors, with a global customer base across North America, Europe and the Asia-Pacific region.
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.
CTKB vs SHEN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $62.1M | $91.6M |
| Net Profit | $-44.1M | $-5.4M |
| Gross Margin | 52.9% | — |
| Operating Margin | -9.0% | -1.0% |
| Net Margin | -70.9% | -5.9% |
| Revenue YoY | 8.1% | 7.2% |
| Net Profit YoY | -557.1% | -95.8% |
| EPS (diluted) | — | $-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 | $62.1M | $91.6M | ||
| Q3 25 | $52.3M | $89.8M | ||
| Q2 25 | $45.6M | $88.6M | ||
| Q1 25 | $41.5M | $87.9M | ||
| Q4 24 | $57.5M | $85.4M | ||
| Q3 24 | $51.5M | $87.6M | ||
| Q2 24 | $46.6M | $85.8M | ||
| Q1 24 | $44.9M | $69.2M |
| Q4 25 | $-44.1M | $-5.4M | ||
| Q3 25 | $-5.5M | $-9.4M | ||
| Q2 25 | $-5.6M | $-9.0M | ||
| Q1 25 | $-11.4M | $-9.1M | ||
| Q4 24 | $9.6M | $-2.7M | ||
| Q3 24 | $941.0K | $-5.3M | ||
| Q2 24 | $-10.4M | $-12.9M | ||
| Q1 24 | $-6.2M | $214.7M |
| Q4 25 | 52.9% | — | ||
| Q3 25 | 52.7% | — | ||
| Q2 25 | 52.3% | — | ||
| Q1 25 | 48.6% | — | ||
| Q4 24 | 58.5% | — | ||
| Q3 24 | 56.3% | — | ||
| Q2 24 | 54.6% | — | ||
| Q1 24 | 51.3% | — |
| Q4 25 | -9.0% | -1.0% | ||
| Q3 25 | -17.6% | -8.0% | ||
| Q2 25 | -23.3% | -10.3% | ||
| Q1 25 | -36.1% | -6.9% | ||
| Q4 24 | 5.2% | -6.7% | ||
| Q3 24 | -8.2% | -4.8% | ||
| Q2 24 | -18.3% | -18.5% | ||
| Q1 24 | -23.9% | -4.0% |
| Q4 25 | -70.9% | -5.9% | ||
| Q3 25 | -10.5% | -10.5% | ||
| Q2 25 | -12.2% | -10.2% | ||
| Q1 25 | -27.5% | -10.4% | ||
| Q4 24 | 16.8% | -3.2% | ||
| Q3 24 | 1.8% | -6.0% | ||
| Q2 24 | -22.4% | -15.0% | ||
| Q1 24 | -13.8% | 310.0% |
| Q4 25 | — | $-0.13 | ||
| Q3 25 | — | $-0.20 | ||
| Q2 25 | — | $-0.19 | ||
| Q1 25 | — | $-0.19 | ||
| Q4 24 | — | $-0.34 | ||
| Q3 24 | — | $-0.13 | ||
| Q2 24 | — | $-0.24 | ||
| Q1 24 | — | $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 | $90.9M | $27.3M |
| Total DebtLower is stronger | — | $642.4M |
| Stockholders' EquityBook value | $341.7M | $880.8M |
| Total Assets | $461.5M | $1.9B |
| Debt / EquityLower = less leverage | — | 0.73× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $90.9M | $27.3M | ||
| Q3 25 | $93.3M | $22.6M | ||
| Q2 25 | $75.5M | $29.1M | ||
| Q1 25 | $95.3M | $87.5M | ||
| Q4 24 | $98.7M | $46.3M | ||
| Q3 24 | $162.3M | $43.1M | ||
| Q2 24 | $177.9M | $43.8M | ||
| Q1 24 | $168.8M | $389.7M |
| Q4 25 | — | $642.4M | ||
| Q3 25 | — | $535.4M | ||
| Q2 25 | — | $513.1M | ||
| Q1 25 | — | $515.8M | ||
| Q4 24 | — | $418.0M | ||
| Q3 24 | — | $345.2M | ||
| Q2 24 | — | $297.4M | ||
| Q1 24 | — | $298.7M |
| Q4 25 | $341.7M | $880.8M | ||
| Q3 25 | $378.6M | $892.7M | ||
| Q2 25 | $377.6M | $902.0M | ||
| Q1 25 | $379.6M | $910.5M | ||
| Q4 24 | $395.7M | $918.6M | ||
| Q3 24 | $385.5M | $925.4M | ||
| Q2 24 | $389.1M | $933.1M | ||
| Q1 24 | $392.6M | $871.6M |
| Q4 25 | $461.5M | $1.9B | ||
| Q3 25 | $494.9M | $1.9B | ||
| Q2 25 | $493.3M | $1.8B | ||
| Q1 25 | $482.6M | $1.8B | ||
| Q4 24 | $499.5M | $1.7B | ||
| Q3 24 | $491.2M | $1.7B | ||
| Q2 24 | $483.7M | $1.7B | ||
| Q1 24 | $492.1M | $1.4B |
| Q4 25 | — | 0.73× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.57× | ||
| Q1 25 | — | 0.57× | ||
| Q4 24 | — | 0.46× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.32× | ||
| Q1 24 | — | 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 | $-771.0K | $28.8M |
| Free Cash FlowOCF − Capex | $-1.8M | $-78.6M |
| FCF MarginFCF / Revenue | -2.9% | -85.8% |
| Capex IntensityCapex / Revenue | 1.6% | 117.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-8.8M | $-257.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-771.0K | $28.8M | ||
| Q3 25 | $-3.9M | $30.7M | ||
| Q2 25 | $108.0K | $20.9M | ||
| Q1 25 | $-125.0K | $20.5M | ||
| Q4 24 | $2.0M | $20.6M | ||
| Q3 24 | $13.2M | $24.3M | ||
| Q2 24 | $6.2M | $2.5M | ||
| Q1 24 | $4.0M | $15.2M |
| Q4 25 | $-1.8M | $-78.6M | ||
| Q3 25 | $-4.6M | $-51.4M | ||
| Q2 25 | $-1.5M | $-65.3M | ||
| Q1 25 | $-974.0K | $-62.7M | ||
| Q4 24 | $1.1M | $-72.0M | ||
| Q3 24 | $12.2M | $-51.3M | ||
| Q2 24 | $5.2M | $-78.3M | ||
| Q1 24 | $3.4M | $-54.9M |
| Q4 25 | -2.9% | -85.8% | ||
| Q3 25 | -8.7% | -57.2% | ||
| Q2 25 | -3.2% | -73.7% | ||
| Q1 25 | -2.3% | -71.3% | ||
| Q4 24 | 1.9% | -84.3% | ||
| Q3 24 | 23.7% | -58.5% | ||
| Q2 24 | 11.0% | -91.3% | ||
| Q1 24 | 7.6% | -79.3% |
| Q4 25 | 1.6% | 117.2% | ||
| Q3 25 | 1.3% | 91.4% | ||
| Q2 25 | 3.5% | 97.3% | ||
| Q1 25 | 2.0% | 94.7% | ||
| Q4 24 | 1.6% | 108.4% | ||
| Q3 24 | 2.0% | 86.2% | ||
| Q2 24 | 2.3% | 94.2% | ||
| Q1 24 | 1.3% | 101.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.21× | — | ||
| Q3 24 | 14.05× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.07× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CTKB
| Products | $46.6M | 75% |
| Services | $15.5M | 25% |
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% |
