USM · United States Cellular Corp - 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 | $52.01M | - | $47.12M | $916.00M | $891.00M | - | $922.00M | $927.00M | $950.00M | - |
| Cost of Revenue | $16.29M | - | $18.26M | - | - | - | - | - | - | - |
| Gross Profit | $35.72M | - | $28.86M | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $12.74M | - | $20.52M | $328.00M | $332.00M | - | $324.00M | $322.00M | $331.00M | - |
| Total Operating Expenses | ($108.77M) | - | $100.43M | $881.00M | $850.00M | - | $1.01B | $891.00M | $899.00M | - |
| D&A | - | - | - | - | - | - | - | - | - | - |
| Operating Income | $160.78M | - | ($53.31M) | $35.00M | $41.00M | - | ($90.00M) | $36.00M | $51.00M | - |
| Interest Expense | $7.18M | - | $8.86M | $45.00M | $40.00M | - | $49.00M | $45.00M | $43.00M | - |
| Income Tax | $52.40M | - | ($62.70M) | $4.00M | $20.00M | - | ($14.00M) | $14.00M | $28.00M | - |
| Net Income | $177.79M | - | ($38.47M) | $31.00M | $18.00M | - | ($79.00M) | $17.00M | $18.00M | - |
| EPS - Basic | $2.06 | - | ($0.45) | $0.37 | $0.21 | - | ($0.92) | $0.20 | $0.21 | - |
| EPS - Diluted | $2.06 | - | ($0.44) | $0.36 | $0.21 | - | ($0.92) | $0.20 | $0.20 | - |
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 | $253.64M | $113.40M | $325.63M | $386.00M | $182.00M | $144.00M | $272.00M | $195.00M | $185.00M | $150.00M |
| Accounts Receivable | - | - | - | $861.00M | $863.00M | $905.00M | $871.00M | $891.00M | $877.00M | $900.00M |
| Inventory | - | - | - | $126.00M | $178.00M | $179.00M | $161.00M | $143.00M | $175.00M | $199.00M |
| Accounts Payable | $26.12M | $27.89M | $58.46M | $204.00M | $198.00M | $232.00M | $266.00M | $261.00M | $224.00M | $241.00M |
| Current Assets | $274.06M | $144.79M | $352.24M | $1.51B | $1.37B | $1.34B | $1.43B | $1.37B | $1.40B | $1.40B |
| Total Assets | $3.96B | $4.68B | $4.92B | $10.38B | $10.37B | $10.45B | $10.52B | $10.64B | $10.70B | $10.75B |
| Current Liabilities | $265.60M | $199.99M | $539.03M | $808.00M | $807.00M | $884.00M | $909.00M | $886.00M | $837.00M | $901.00M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $1.86B | $2.57B | $2.53B | $4.60B | $4.58B | $4.58B | $4.58B | $4.67B | $4.66B | $4.63B |
| Retained Earnings | $59.26M | $769.79M | $732.33M | $2.80B | $2.82B | $2.82B | $2.81B | $2.89B | $2.91B | $2.89B |
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 | $23.83M | - | - | - | $160.00M | - | - | - | $203.00M | - |
| Investing Cash Flow | $1.00B | - | - | - | ($74.00M) | - | - | - | ($144.00M) | - |
| Financing Cash Flow | ($887.81M) | - | - | - | ($44.00M) | - | - | - | ($28.00M) | - |
| CapEx | $13.82M | - | - | - | $72.00M | - | - | - | $133.00M | - |
| Free Cash Flow | $10.00M | - | - | - | $88.00M | - | - | - | $70.00M | - |
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 | 68.7% | - | 61.2% | - | - | - | - | - | - | - |
| Operating margin | 309.1% | - | -113.1% | 3.8% | 4.6% | - | -9.8% | 3.9% | 5.4% | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 341.8% | - | -81.6% | 3.4% | 2.0% | - | -8.6% | 1.8% | 1.9% | - |
| Free cash flow margin | 19.2% | - | - | - | 9.9% | - | - | - | 7.4% | - |
| FCF / Net income | 0.06 | - | - | - | 4.89 | - | - | - | 3.89 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 24.5% | - | 43.6% | 35.8% | 37.3% | - | 35.1% | 34.7% | 34.8% | - |
| Effective tax rate | 22.8% | - | - | 11.4% | 52.6% | - | - | 45.2% | 60.9% | - |
| Return on assets | 4.5% | - | -0.8% | 0.3% | 0.2% | - | -0.8% | 0.2% | 0.2% | - |
| Return on equity | 9.6% | - | -1.5% | 0.7% | 0.4% | - | -1.7% | 0.4% | 0.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.03 | 0.72 | 0.65 | 1.87 | 1.70 | 1.52 | 1.57 | 1.55 | 1.67 | 1.55 |
| Quick ratio | 1.03 | 0.72 | 0.65 | 1.71 | 1.48 | 1.32 | 1.39 | 1.39 | 1.46 | 1.33 |
| Cash ratio | 0.95 | 0.57 | 0.60 | 0.48 | 0.23 | 0.16 | 0.30 | 0.22 | 0.22 | 0.17 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 22.4x | - | -6.0x | 0.8x | 1.0x | - | -1.8x | 0.8x | 1.2x | - |
| Equity multiplier | 2.13 | 1.82 | 1.94 | 2.26 | 2.26 | 2.28 | 2.30 | 2.28 | 2.30 | 2.32 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.01 | - | 0.01 | 0.09 | 0.09 | - | 0.09 | 0.09 | 0.09 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | 343d | 354d | - | 345d | 351d | 337d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 585d | - | 1168d | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -94.2% | - | -94.9% | -1.2% | -6.2% | - | -4.3% | -3.1% | -3.7% | - |
| Revenue CAGR (3y) | -62.5% | - | -64.8% | -3.7% | -4.1% | - | -3.2% | -2.9% | -2.4% | - |
| Revenue CAGR (5y) | -44.9% | - | -46.0% | -1.2% | -1.5% | - | -2.2% | -1.0% | -0.3% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 292.2% | - | 40.8% | -2.8% | -19.6% | - | - | 5.9% | 96.2% | - |
| Net income growth (YoY) | 887.8% | - | 51.3% | 82.4% | 0.0% | - | - | 240.0% | 38.5% | - |
| EPS growth (YoY) | 881.0% | - | 52.2% | 80.0% | 5.0% | - | - | 300.0% | 33.3% | - |
| EPS CAGR (3y) | 139.5% | - | - | 12.9% | -28.3% | - | - | -20.0% | -33.8% | - |
| EPS CAGR (5y) | 24.5% | - | - | -14.3% | -23.7% | - | - | -10.6% | -20.3% | - |
| FCF growth (YoY) | -88.6% | - | - | - | 25.7% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | 26.7% | - | - | - | -17.2% | - |
| Book value growth (YoY) | -59.5% | -43.9% | -44.8% | -1.6% | -1.6% | -1.1% | -0.5% | 2.2% | 2.0% | 1.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$162.96M totalProduct$154.65M · 94.9%
Service$8.31M · 5.1%
Peer comparison
Same SIC group: Radiotelephone Communications
Comparing UNITED STATES CELLULAR CORP against the 5 most active filers in the same SIC group.