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Side-by-side financial comparison of BingEx Ltd (FLX) and SHENANDOAH TELECOMMUNICATIONS CO (SHEN). Click either name above to swap in a different company.
BingEx Ltd is the larger business by last-quarter revenue ($143.2M vs $91.6M, roughly 1.6× SHENANDOAH TELECOMMUNICATIONS CO). BingEx Ltd runs the higher net margin — 2.2% vs -5.9%, a 8.1% gap on every dollar of revenue.
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.
FLX vs SHEN — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $143.2M | $91.6M |
| Net Profit | $3.2M | $-5.4M |
| Gross Margin | 10.8% | — |
| Operating Margin | — | -1.0% |
| Net Margin | 2.2% | -5.9% |
| Revenue YoY | — | 7.2% |
| Net Profit YoY | — | -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.
| Q1 26 | $143.2M | — | ||
| Q4 25 | — | $91.6M | ||
| Q3 25 | $141.2M | $89.8M | ||
| Q2 25 | $143.0M | $88.6M | ||
| Q1 25 | $141.0M | $87.9M | ||
| Q4 24 | — | $85.4M | ||
| Q3 24 | $164.6M | $87.6M | ||
| Q2 24 | — | $85.8M |
| Q1 26 | $3.2M | — | ||
| Q4 25 | — | $-5.4M | ||
| Q3 25 | $6.1M | $-9.4M | ||
| Q2 25 | $7.5M | $-9.0M | ||
| Q1 25 | $27.6M | $-9.1M | ||
| Q4 24 | — | $-2.7M | ||
| Q3 24 | $3.4M | $-5.3M | ||
| Q2 24 | — | $-12.9M |
| Q1 26 | 10.8% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 11.1% | — | ||
| Q2 25 | 12.0% | — | ||
| Q1 25 | 10.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 11.3% | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | -1.0% | ||
| Q3 25 | 1.4% | -8.0% | ||
| Q2 25 | 1.9% | -10.3% | ||
| Q1 25 | — | -6.9% | ||
| Q4 24 | — | -6.7% | ||
| Q3 24 | 4.0% | -4.8% | ||
| Q2 24 | — | -18.5% |
| Q1 26 | 2.2% | — | ||
| Q4 25 | — | -5.9% | ||
| Q3 25 | 4.4% | -10.5% | ||
| Q2 25 | 5.2% | -10.2% | ||
| Q1 25 | 19.6% | -10.4% | ||
| Q4 24 | — | -3.2% | ||
| Q3 24 | 2.1% | -6.0% | ||
| Q2 24 | — | -15.0% |
| Q1 26 | — | — | ||
| 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 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $561.1M | $27.3M |
| Total DebtLower is stronger | — | $642.4M |
| Stockholders' EquityBook value | — | $880.8M |
| Total Assets | $1.3B | $1.9B |
| Debt / EquityLower = less leverage | — | 0.73× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $561.1M | — | ||
| Q4 25 | — | $27.3M | ||
| Q3 25 | $628.6M | $22.6M | ||
| Q2 25 | $499.4M | $29.1M | ||
| Q1 25 | $592.4M | $87.5M | ||
| Q4 24 | — | $46.3M | ||
| Q3 24 | $517.4M | $43.1M | ||
| Q2 24 | — | $43.8M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | — | $880.8M | ||
| Q3 25 | — | $892.7M | ||
| Q2 25 | — | $902.0M | ||
| Q1 25 | — | $910.5M | ||
| Q4 24 | — | $918.6M | ||
| Q3 24 | — | $925.4M | ||
| Q2 24 | — | $933.1M |
| Q1 26 | $1.3B | — | ||
| Q4 25 | — | $1.9B | ||
| Q3 25 | $1.3B | $1.9B | ||
| Q2 25 | $1.2B | $1.8B | ||
| Q1 25 | $1.2B | $1.8B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | $926.8M | $1.7B | ||
| Q2 24 | — | $1.7B |
| Q1 26 | — | — | ||
| 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× |
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 | — | $28.8M |
| Free Cash FlowOCF − Capex | — | $-78.6M |
| FCF MarginFCF / Revenue | — | -85.8% |
| Capex IntensityCapex / Revenue | — | 117.2% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-257.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $28.8M | ||
| Q3 25 | — | $30.7M | ||
| Q2 25 | — | $20.9M | ||
| Q1 25 | — | $20.5M | ||
| Q4 24 | — | $20.6M | ||
| Q3 24 | — | $24.3M | ||
| Q2 24 | — | $2.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-78.6M | ||
| Q3 25 | — | $-51.4M | ||
| Q2 25 | — | $-65.3M | ||
| Q1 25 | — | $-62.7M | ||
| Q4 24 | — | $-72.0M | ||
| Q3 24 | — | $-51.3M | ||
| Q2 24 | — | $-78.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | -85.8% | ||
| Q3 25 | — | -57.2% | ||
| Q2 25 | — | -73.7% | ||
| Q1 25 | — | -71.3% | ||
| Q4 24 | — | -84.3% | ||
| Q3 24 | — | -58.5% | ||
| Q2 24 | — | -91.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 117.2% | ||
| Q3 25 | — | 91.4% | ||
| Q2 25 | — | 97.3% | ||
| Q1 25 | — | 94.7% | ||
| Q4 24 | — | 108.4% | ||
| Q3 24 | — | 86.2% | ||
| Q2 24 | — | 94.2% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FLX
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% |
