Shenandoah Telecommunications vs Spok
Shenandoah Telecommunications reported revenue of $358 million in fiscal 2025, 2.6 times Spok's $140 million in fiscal 2025. Shenandoah Telecommunications' revenue grew 9.1% in its latest year, and Spok's grew 1.5%. Shenandoah Telecommunications had an operating margin of -6.5%, against 14.1% at Spok. Free cash flow was −$258 million at Shenandoah Telecommunications and $25 million at Spok.
Side by side
| Shenandoah Telecommunications | Spok | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $358M | $140M |
| Revenue growth | 9.1% | 1.5% |
| Revenue growth a year, last 5 years | 10.1% | −1.2% |
| Gross margin | — | 78.7% |
| Operating margin | −6.5% | 14.1% |
| Net margin | −9.2% | 11.4% |
| Free cash flow | −$258M | $25M |
| Free cash flow margin | −72.1% | 18.0% |
| Return on capital | −1.3% | 11.8% |
| Net debt to EBITDA | 5.8x | −1.1x |
| Dividends and buybacks | $6M | $27M |
| Change in diluted share count | 2.6% | 2.4% |
| Last close | $9.65 | $11.76 |
| P/E at the last close | — | 13.4× |
| Insider trades, last 12 months | bought $89,172, sold $0 | — |
| Piotroski F-score | 3 of 8 | 5 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Shenandoah TelecommunicationsSpok
Operating margin
Percent of revenue
Shenandoah TelecommunicationsSpok
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Shenandoah TelecommunicationsSpok
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Shenandoah Telecommunications and Spok pages.