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Side-by-side financial comparison of SHENANDOAH TELECOMMUNICATIONS CO (SHEN) and ZIPRECRUITER, INC. (ZIP). Click either name above to swap in a different company.

ZIPRECRUITER, INC. is the larger business by last-quarter revenue ($111.7M vs $91.6M, roughly 1.2× SHENANDOAH TELECOMMUNICATIONS CO). ZIPRECRUITER, INC. runs the higher net margin — -0.7% vs -5.9%, a 5.1% gap on every dollar of revenue. On growth, SHENANDOAH TELECOMMUNICATIONS CO posted the faster year-over-year revenue change (7.2% vs 0.6%). ZIPRECRUITER, INC. produced more free cash flow last quarter ($7.6M vs $-78.6M). Over the past eight quarters, SHENANDOAH TELECOMMUNICATIONS CO's revenue compounded faster (15.0% CAGR vs -4.4%).

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.

SHEN vs ZIP — Head-to-Head

Bigger by revenue
ZIP
ZIP
1.2× larger
ZIP
$111.7M
$91.6M
SHEN
Growing faster (revenue YoY)
SHEN
SHEN
+6.6% gap
SHEN
7.2%
0.6%
ZIP
Higher net margin
ZIP
ZIP
5.1% more per $
ZIP
-0.7%
-5.9%
SHEN
More free cash flow
ZIP
ZIP
$86.2M more FCF
ZIP
$7.6M
$-78.6M
SHEN
Faster 2-yr revenue CAGR
SHEN
SHEN
Annualised
SHEN
15.0%
-4.4%
ZIP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
SHEN
SHEN
ZIP
ZIP
Revenue
$91.6M
$111.7M
Net Profit
$-5.4M
$-835.0K
Gross Margin
89.1%
Operating Margin
-1.0%
3.6%
Net Margin
-5.9%
-0.7%
Revenue YoY
7.2%
0.6%
Net Profit YoY
-95.8%
92.3%
EPS (diluted)
$-0.13
$-0.03

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
ZIP
ZIP
Q4 25
$91.6M
$111.7M
Q3 25
$89.8M
$115.0M
Q2 25
$88.6M
$112.2M
Q1 25
$87.9M
$110.1M
Q4 24
$85.4M
$111.0M
Q3 24
$87.6M
$117.1M
Q2 24
$85.8M
$123.7M
Q1 24
$69.2M
$122.2M
Net Profit
SHEN
SHEN
ZIP
ZIP
Q4 25
$-5.4M
$-835.0K
Q3 25
$-9.4M
$-9.8M
Q2 25
$-9.0M
$-9.5M
Q1 25
$-9.1M
$-12.8M
Q4 24
$-2.7M
$-10.8M
Q3 24
$-5.3M
$-2.6M
Q2 24
$-12.9M
$7.0M
Q1 24
$214.7M
$-6.5M
Gross Margin
SHEN
SHEN
ZIP
ZIP
Q4 25
89.1%
Q3 25
89.1%
Q2 25
89.3%
Q1 25
89.4%
Q4 24
89.6%
Q3 24
89.4%
Q2 24
89.5%
Q1 24
89.1%
Operating Margin
SHEN
SHEN
ZIP
ZIP
Q4 25
-1.0%
3.6%
Q3 25
-8.0%
-4.4%
Q2 25
-10.3%
-5.9%
Q1 25
-6.9%
-10.6%
Q4 24
-6.7%
-3.6%
Q3 24
-4.8%
-2.8%
Q2 24
-18.5%
7.6%
Q1 24
-4.0%
-0.7%
Net Margin
SHEN
SHEN
ZIP
ZIP
Q4 25
-5.9%
-0.7%
Q3 25
-10.5%
-8.5%
Q2 25
-10.2%
-8.5%
Q1 25
-10.4%
-11.7%
Q4 24
-3.2%
-9.7%
Q3 24
-6.0%
-2.2%
Q2 24
-15.0%
5.7%
Q1 24
310.0%
-5.3%
EPS (diluted)
SHEN
SHEN
ZIP
ZIP
Q4 25
$-0.13
$-0.03
Q3 25
$-0.20
$-0.11
Q2 25
$-0.19
$-0.10
Q1 25
$-0.19
$-0.13
Q4 24
$-0.34
$-0.10
Q3 24
$-0.13
$-0.03
Q2 24
$-0.24
$0.07
Q1 24
$4.25
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SHEN
SHEN
ZIP
ZIP
Cash + ST InvestmentsLiquidity on hand
$27.3M
$188.0M
Total DebtLower is stronger
$642.4M
Stockholders' EquityBook value
$880.8M
$-77.2M
Total Assets
$1.9B
$569.7M
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SHEN
SHEN
ZIP
ZIP
Q4 25
$27.3M
$188.0M
Q3 25
$22.6M
$211.8M
Q2 25
$29.1M
$203.5M
Q1 25
$87.5M
$221.1M
Q4 24
$46.3M
$218.4M
Q3 24
$43.1M
$225.6M
Q2 24
$43.8M
$271.7M
Q1 24
$389.7M
$282.5M
Total Debt
SHEN
SHEN
ZIP
ZIP
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
Stockholders' Equity
SHEN
SHEN
ZIP
ZIP
Q4 25
$880.8M
$-77.2M
Q3 25
$892.7M
$-76.1M
Q2 25
$902.0M
$-65.9M
Q1 25
$910.5M
$-11.3M
Q4 24
$918.6M
$13.4M
Q3 24
$925.4M
$13.6M
Q2 24
$933.1M
$24.4M
Q1 24
$871.6M
$12.7M
Total Assets
SHEN
SHEN
ZIP
ZIP
Q4 25
$1.9B
$569.7M
Q3 25
$1.9B
$573.6M
Q2 25
$1.8B
$592.4M
Q1 25
$1.8B
$629.4M
Q4 24
$1.7B
$664.1M
Q3 24
$1.7B
$652.0M
Q2 24
$1.7B
$665.3M
Q1 24
$1.4B
$662.4M
Debt / Equity
SHEN
SHEN
ZIP
ZIP
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
SHEN
SHEN
ZIP
ZIP
Operating Cash FlowLast quarter
$28.8M
$7.7M
Free Cash FlowOCF − Capex
$-78.6M
$7.6M
FCF MarginFCF / Revenue
-85.8%
6.8%
Capex IntensityCapex / Revenue
117.2%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-257.9M
$9.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SHEN
SHEN
ZIP
ZIP
Q4 25
$28.8M
$7.7M
Q3 25
$30.7M
$2.6M
Q2 25
$20.9M
$10.5M
Q1 25
$20.5M
$-9.9M
Q4 24
$20.6M
$12.5M
Q3 24
$24.3M
$9.3M
Q2 24
$2.5M
$21.9M
Q1 24
$15.2M
$2.0M
Free Cash Flow
SHEN
SHEN
ZIP
ZIP
Q4 25
$-78.6M
$7.6M
Q3 25
$-51.4M
$2.2M
Q2 25
$-65.3M
$10.2M
Q1 25
$-62.7M
$-10.2M
Q4 24
$-72.0M
$12.0M
Q3 24
$-51.3M
$9.2M
Q2 24
$-78.3M
$21.7M
Q1 24
$-54.9M
$1.9M
FCF Margin
SHEN
SHEN
ZIP
ZIP
Q4 25
-85.8%
6.8%
Q3 25
-57.2%
1.9%
Q2 25
-73.7%
9.1%
Q1 25
-71.3%
-9.3%
Q4 24
-84.3%
10.8%
Q3 24
-58.5%
7.8%
Q2 24
-91.3%
17.6%
Q1 24
-79.3%
1.6%
Capex Intensity
SHEN
SHEN
ZIP
ZIP
Q4 25
117.2%
0.1%
Q3 25
91.4%
0.3%
Q2 25
97.3%
0.3%
Q1 25
94.7%
0.3%
Q4 24
108.4%
0.4%
Q3 24
86.2%
0.2%
Q2 24
94.2%
0.1%
Q1 24
101.2%
0.1%
Cash Conversion
SHEN
SHEN
ZIP
ZIP
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
3.12×
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%

ZIP
ZIP

License$84.3M75%
Services$27.4M25%

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