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Side-by-side financial comparison of SHENANDOAH TELECOMMUNICATIONS CO (SHEN) and TAT TECHNOLOGIES LTD (TATT). Click either name above to swap in a different company.

SHENANDOAH TELECOMMUNICATIONS CO is the larger business by last-quarter revenue ($91.6M vs $46.2M, roughly 2.0× TAT TECHNOLOGIES LTD). TAT TECHNOLOGIES LTD runs the higher net margin — 10.5% vs -5.9%, a 16.3% gap on every dollar of revenue. TAT TECHNOLOGIES LTD produced more free cash flow last quarter ($4.8M vs $-78.6M).

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.

TAT Technologies Ltd. is a publicly traded company, headquartered in the United States, providing environmental control products and services for the commercial and military aviation industries. Its shares are traded on the NASDAQ Capital Market and on the Tel Aviv Stock Exchange.

SHEN vs TATT — Head-to-Head

Bigger by revenue
SHEN
SHEN
2.0× larger
SHEN
$91.6M
$46.2M
TATT
Higher net margin
TATT
TATT
16.3% more per $
TATT
10.5%
-5.9%
SHEN
More free cash flow
TATT
TATT
$83.3M more FCF
TATT
$4.8M
$-78.6M
SHEN

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
SHEN
SHEN
TATT
TATT
Revenue
$91.6M
$46.2M
Net Profit
$-5.4M
$4.8M
Gross Margin
25.1%
Operating Margin
-1.0%
11.4%
Net Margin
-5.9%
10.5%
Revenue YoY
7.2%
Net Profit YoY
-95.8%
EPS (diluted)
$-0.13
$0.37

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.

Revenue
SHEN
SHEN
TATT
TATT
Q4 25
$91.6M
Q3 25
$89.8M
$46.2M
Q2 25
$88.6M
$43.1M
Q1 25
$87.9M
Q4 24
$85.4M
Q3 24
$87.6M
Q2 24
$85.8M
Q1 24
$69.2M
Net Profit
SHEN
SHEN
TATT
TATT
Q4 25
$-5.4M
Q3 25
$-9.4M
$4.8M
Q2 25
$-9.0M
$3.4M
Q1 25
$-9.1M
Q4 24
$-2.7M
Q3 24
$-5.3M
Q2 24
$-12.9M
Q1 24
$214.7M
Gross Margin
SHEN
SHEN
TATT
TATT
Q4 25
Q3 25
25.1%
Q2 25
25.1%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
SHEN
SHEN
TATT
TATT
Q4 25
-1.0%
Q3 25
-8.0%
11.4%
Q2 25
-10.3%
10.3%
Q1 25
-6.9%
Q4 24
-6.7%
Q3 24
-4.8%
Q2 24
-18.5%
Q1 24
-4.0%
Net Margin
SHEN
SHEN
TATT
TATT
Q4 25
-5.9%
Q3 25
-10.5%
10.5%
Q2 25
-10.2%
8.0%
Q1 25
-10.4%
Q4 24
-3.2%
Q3 24
-6.0%
Q2 24
-15.0%
Q1 24
310.0%
EPS (diluted)
SHEN
SHEN
TATT
TATT
Q4 25
$-0.13
Q3 25
$-0.20
$0.37
Q2 25
$-0.19
$0.30
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
SHEN
SHEN
TATT
TATT
Cash + ST InvestmentsLiquidity on hand
$27.3M
$47.1M
Total DebtLower is stronger
$642.4M
$9.9M
Stockholders' EquityBook value
$880.8M
$170.7M
Total Assets
$1.9B
$224.1M
Debt / EquityLower = less leverage
0.73×
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SHEN
SHEN
TATT
TATT
Q4 25
$27.3M
Q3 25
$22.6M
$47.1M
Q2 25
$29.1M
$43.1M
Q1 25
$87.5M
Q4 24
$46.3M
Q3 24
$43.1M
Q2 24
$43.8M
Q1 24
$389.7M
Total Debt
SHEN
SHEN
TATT
TATT
Q4 25
$642.4M
Q3 25
$535.4M
$9.9M
Q2 25
$513.1M
$10.3M
Q1 25
$515.8M
Q4 24
$418.0M
Q3 24
$345.2M
Q2 24
$297.4M
Q1 24
$298.7M
Stockholders' Equity
SHEN
SHEN
TATT
TATT
Q4 25
$880.8M
Q3 25
$892.7M
$170.7M
Q2 25
$902.0M
$165.8M
Q1 25
$910.5M
Q4 24
$918.6M
Q3 24
$925.4M
Q2 24
$933.1M
Q1 24
$871.6M
Total Assets
SHEN
SHEN
TATT
TATT
Q4 25
$1.9B
Q3 25
$1.9B
$224.1M
Q2 25
$1.8B
$213.6M
Q1 25
$1.8B
Q4 24
$1.7B
Q3 24
$1.7B
Q2 24
$1.7B
Q1 24
$1.4B
Debt / Equity
SHEN
SHEN
TATT
TATT
Q4 25
0.73×
Q3 25
0.60×
0.06×
Q2 25
0.57×
0.06×
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
SHEN
SHEN
TATT
TATT
Operating Cash FlowLast quarter
$28.8M
$7.5M
Free Cash FlowOCF − Capex
$-78.6M
$4.8M
FCF MarginFCF / Revenue
-85.8%
10.3%
Capex IntensityCapex / Revenue
117.2%
5.9%
Cash ConversionOCF / Net Profit
1.55×
TTM Free Cash FlowTrailing 4 quarters
$-257.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SHEN
SHEN
TATT
TATT
Q4 25
$28.8M
Q3 25
$30.7M
$7.5M
Q2 25
$20.9M
$6.9M
Q1 25
$20.5M
Q4 24
$20.6M
Q3 24
$24.3M
Q2 24
$2.5M
Q1 24
$15.2M
Free Cash Flow
SHEN
SHEN
TATT
TATT
Q4 25
$-78.6M
Q3 25
$-51.4M
$4.8M
Q2 25
$-65.3M
$3.6M
Q1 25
$-62.7M
Q4 24
$-72.0M
Q3 24
$-51.3M
Q2 24
$-78.3M
Q1 24
$-54.9M
FCF Margin
SHEN
SHEN
TATT
TATT
Q4 25
-85.8%
Q3 25
-57.2%
10.3%
Q2 25
-73.7%
8.5%
Q1 25
-71.3%
Q4 24
-84.3%
Q3 24
-58.5%
Q2 24
-91.3%
Q1 24
-79.3%
Capex Intensity
SHEN
SHEN
TATT
TATT
Q4 25
117.2%
Q3 25
91.4%
5.9%
Q2 25
97.3%
7.7%
Q1 25
94.7%
Q4 24
108.4%
Q3 24
86.2%
Q2 24
94.2%
Q1 24
101.2%
Cash Conversion
SHEN
SHEN
TATT
TATT
Q4 25
Q3 25
1.55×
Q2 25
2.02×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.07×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SHEN
SHEN

Residential And SMB Incumbent Broadband$41.5M45%
Residential And SMB Glo Fiber Expansion Markets$23.0M25%
Commercial Fiber$20.3M22%
RLEC Other$6.8M7%

TATT
TATT

Segment breakdown not available.

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