TDS · Telephone & Data Systems Inc /De/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $309.45M | - | $308.52M | $1.19B | $1.15B | - | $1.22B | $1.24B | $1.26B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $102.71M | - | $106.19M | $421.00M | $425.00M | - | $422.00M | $426.00M | $424.00M | - |
| Total Operating Expenses | $165.63M | - | $376.50M | $1.15B | $1.12B | - | $1.30B | $1.20B | $1.20B | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $143.82M | - | ($67.97M) | $40.00M | $35.00M | - | ($80.00M) | $39.00M | $67.00M | - |
| Interest Expense | $5.32M | - | $47.28M | $70.00M | $61.00M | - | $76.00M | $73.00M | $57.00M | - |
| Income Tax | $54.41M | - | ($72.77M) | $3.00M | $8.00M | - | ($25.00M) | $6.00M | $20.00M | - |
| Net Income | $144.59M | - | ($81.75M) | $12.00M | $7.00M | - | ($66.00M) | $3.00M | $29.00M | - |
| EPS - Basic | $1.12 | - | ($0.85) | ($0.05) | ($0.09) | - | ($0.73) | ($0.13) | $0.11 | - |
| EPS - Diluted | $1.09 | - | ($0.84) | ($0.05) | ($0.09) | - | ($0.73) | ($0.13) | $0.10 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.37B | $765.95M | $932.99M | $540.00M | $348.00M | $364.00M | $451.00M | $322.00M | $249.00M | $236.00M |
| Accounts Receivable | $63.43M | $68.74M | $59.31M | $920.00M | $921.00M | $962.00M | $929.00M | $951.00M | $955.00M | $992.00M |
| Inventory | $3.75M | $4.06M | $4.04M | $130.00M | $182.00M | $183.00M | $167.00M | $148.00M | $184.00M | $208.00M |
| Accounts Payable | $97.07M | $115.82M | $121.00M | $268.00M | $247.00M | $280.00M | $334.00M | $327.00M | $302.00M | $360.00M |
| Current Assets | $1.52B | $923.47M | $1.08B | $1.79B | $1.67B | $1.70B | $1.75B | $1.64B | $1.63B | $1.66B |
| Total Assets | $8.21B | $8.40B | $8.53B | $13.53B | $13.54B | $13.68B | $13.73B | $13.87B | $13.87B | $13.92B |
| Current Liabilities | $443.68M | $440.31M | $571.36M | $1.00B | $960.00M | $1.09B | $1.10B | $1.09B | $1.03B | $1.18B |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $4.92B | $4.80B | $4.47B | $5.00B | $5.08B | $5.09B | $5.08B | $5.15B | $5.20B | $5.20B |
| Retained Earnings | $1.81B | $1.69B | $1.30B | $1.76B | $1.82B | $1.85B | $1.86B | $1.96B | $2.01B | $2.02B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $67.46M | - | - | - | $186.00M | - | - | - | $224.00M | - |
| Investing Cash Flow | $867.83M | - | - | - | ($123.00M) | - | - | - | ($246.00M) | - |
| Financing Cash Flow | ($334.64M) | - | - | - | ($76.00M) | - | - | - | $30.00M | - |
| CapEx | $149.04M | - | - | - | $129.00M | - | - | - | $235.00M | - |
| Free Cash Flow | ($81.58M) | - | - | - | $57.00M | - | - | - | ($11.00M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 46.5% | - | -22.0% | 3.4% | 3.0% | - | -6.5% | 3.2% | 5.3% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 46.7% | - | -26.5% | 1.0% | 0.6% | - | -5.4% | 0.2% | 2.3% | - |
| Free cash flow margin | -26.4% | - | - | - | 4.9% | - | - | - | -0.9% | - |
| FCF / Net income | -0.56 | - | - | - | 8.14 | - | - | - | -0.38 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 33.2% | - | 34.4% | 35.5% | 36.8% | - | 34.5% | 34.4% | 33.6% | - |
| Effective tax rate | 27.3% | - | - | 20.0% | 53.3% | - | - | 66.7% | 40.8% | - |
| Return on assets | 1.8% | - | -1.0% | 0.1% | 0.1% | - | -0.5% | 0.0% | 0.2% | - |
| Return on equity | 2.9% | - | -1.8% | 0.2% | 0.1% | - | -1.3% | 0.1% | 0.6% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 3.43 | 2.10 | 1.89 | 1.78 | 1.74 | 1.56 | 1.59 | 1.51 | 1.58 | 1.40 |
| Quick ratio | 3.42 | 2.09 | 1.88 | 1.65 | 1.55 | 1.39 | 1.44 | 1.37 | 1.40 | 1.23 |
| Cash ratio | 3.08 | 1.74 | 1.63 | 0.54 | 0.36 | 0.33 | 0.41 | 0.30 | 0.24 | 0.20 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 27.0x | - | -1.4x | 0.6x | 0.6x | - | -1.1x | 0.5x | 1.2x | - |
| Equity multiplier | 1.67 | 1.75 | 1.91 | 2.70 | 2.67 | 2.69 | 2.70 | 2.69 | 2.66 | 2.68 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.04 | - | 0.04 | 0.09 | 0.09 | - | 0.09 | 0.09 | 0.09 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 75d | - | 70d | 283d | 291d | - | 277d | 280d | 276d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 38.6x | - | - | - | - | - | - | - | 160.2x | - |
| P / B | 1.0x | - | 1.0x | 0.8x | 0.9x | - | 0.5x | 0.5x | 0.4x | - |
| P / S | 15.9x | - | 15.1x | 3.5x | 3.9x | - | 2.2x | 1.9x | 1.5x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -73.2% | - | -74.8% | -4.2% | -8.6% | - | -4.2% | -2.3% | -3.1% | - |
| Revenue CAGR (3y) | -38.1% | - | -39.5% | -4.2% | -4.3% | - | -2.7% | -1.9% | -1.4% | - |
| Revenue CAGR (5y) | -25.2% | - | -25.3% | -1.3% | -1.8% | - | -1.5% | -0.4% | 0.1% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 310.9% | - | 15.0% | 2.6% | -47.8% | - | - | 18.2% | 131.0% | - |
| Net income growth (YoY) | 1965.6% | - | -23.9% | 300.0% | -75.9% | - | - | - | 262.5% | - |
| EPS growth (YoY) | - | - | -15.1% | 61.5% | - | - | -356.2% | 23.5% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | -40.7% | - |
| EPS CAGR (5y) | 17.8% | - | - | - | - | - | - | - | -27.5% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | 95.1% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -3.0% | -5.7% | -12.0% | -2.8% | -2.4% | -2.1% | -11.4% | -10.5% | -10.5% | -11.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$2.40B totalTotal Segments$1.20B · 49.9%
TDSTelecom Segment$1.04B · 43.1%
Array Segment$162.78M · 6.8%
Array Total$8.31M · 0.3%
Other Segment($1.84M) · -0.1%
Product / service
$2.27B totalService$1.04B · 45.9%
Residential Revenue$729.98M · 32.1%
Wholesale Revenue$167.46M · 7.4%
Site Rental$154.65M · 6.8%
Commercial Revenue$137.26M · 6.0%
Product$29.75M · 1.3%
Other Service Revenue$8.31M · 0.4%
Equipment And Product Sales$623.0K · 0.0%
Peer comparison
Same SIC group: Telephone Communications (No Radiotelephone)
Comparing TELEPHONE & DATA SYSTEMS INC /DE/ against the 5 most active filers in the same SIC group.
Dividends
$0.16/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 16, 2026 | $0.0400 |
| Dec 15, 2025 | $0.0400 |
| Sep 15, 2025 | $0.0400 |
| Jun 16, 2025 | $0.0400 |
| Mar 17, 2025 | $0.0400 |
| Dec 16, 2024 | $0.0400 |
| Sep 16, 2024 | $0.0400 |
| Jun 14, 2024 | $0.0400 |
| Mar 14, 2024 | $0.1900 |
| Dec 14, 2023 | $0.1850 |
| Sep 14, 2023 | $0.1850 |
| Jun 14, 2023 | $0.1850 |
| Mar 14, 2023 | $0.1850 |
| Dec 14, 2022 | $0.1800 |
| Sep 14, 2022 | $0.1800 |
| Jun 14, 2022 | $0.1800 |
| Mar 14, 2022 | $0.1800 |
| Dec 14, 2021 | $0.1750 |
| Sep 14, 2021 | $0.1750 |
| Jun 14, 2021 | $0.1750 |
| Mar 16, 2021 | $0.1750 |
| Dec 15, 2020 | $0.1700 |
| Sep 15, 2020 | $0.1700 |
| Jun 15, 2020 | $0.1700 |