---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-001118"
form_type: "8-K"
ticker: "SHEN"
cik: "0000354963"
company_name: "SHENANDOAH TELECOMMUNICATIONS CO/VA/"
filed_at: "2026-02-26T23:59:59+00:00"
generated_at: "2026-05-15T23:54:38.192842+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Shentel Q4 revenue $91.6M (+7.2%), Adj. EBITDA margin 36.5%; secures $567.4M fiber notes

## Summary
- Q4 net loss from continuing ops $5.4M, improved from $6.2M loss in Q4 2024.
- Adjusted EBITDA $33.5M (+31.3%); margin expanded 670 bps to 36.5%.
- Full year 2025 revenue $357.9M (+9.1%); Adj. EBITDA $119.1M (+26%).
- Closed $567.4M secured fiber revenue notes; annual cash interest savings >$10M.
- CEO expects Glo Fiber build fully funded through end 2026; positive free cash flow projected in 2027.

## SEC filing metadata
- accession: 0001171843-26-001118
- form_type: 8-K
- ticker: SHEN
- cik: 0000354963
- company_name: SHENANDOAH TELECOMMUNICATIONS CO/VA/
- filed_at: 2026-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354963/000117184326001118/0001171843-26-001118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354963/000117184326001118/f8k_022626.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-001118
- JSON: https://secwatch.observer/filing/0001171843-26-001118.json
- Plain text: https://secwatch.observer/filing/0001171843-26-001118.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.