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Telephone and Data Systems, Inc. (TDS)

NYSE Communication Services Integrated Telecommunication Services S&P SmallCap 600
$32.87
+0.51 (+1.58%)
Close of Nov 06, 2026 · end-of-day data
Source: Telephone and Data Systems, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$5.16B$5.04B$5.02B$5.08B$5.12B$5.22B$5.29B$1.23B$1.18B$1.07B
Cost of revenue$1.24B$1.20B————————
Gross profit$3.92B$3.85B————————
Selling, general & admin$1.76B$1.69B$1.69B$1.72B$1.68B$1.68B$1.77B$488.84M$486.70M$435.06M
Operating income$108.00M-$108.00M$205.00M$179.00M$259.00M$261.00M$122.00M-$682.57M-$191.26M-$97.39M
Interest expense$170.00M$170.00M$172.00M$165.00M$168.00M$232.00M$174.00M$62.18M$108.58M$112.67M
Pre-tax income$92.00M-$122.00M$221.00M$211.00M$288.00M$221.00M$125.00M-$563.48M-$103.39M$88.96M
Income tax$40.00M-$279.00M$46.00M$64.00M$19.00M$33.00M$53.00M-$15.80M-$22.07M-$62.18M
Net income$43.00M$153.00M$135.00M$121.00M$226.00M$156.00M$62.00M-$500.01M-$27.70M-$6.24M
EBITDA$928.00M$709.00M$1.04B$1.07B$1.12B$1.11B$1.00B-$412.07M$94.14M$206.01M
EPS (basic)$0.39$1.39$1.20$1.06$1.97$1.03$-0.07$-5.05$-0.85$-0.66
EPS (diluted)$0.39$1.37$1.17$1.03$1.93$1.00$-0.07$-5.05$-0.85$-0.65
Diluted shares111.00M112.00M114.00M116.00M115.00M116.00M114.00M112.75M113.71M118.56M
Gross margin75.9%76.3%————————
Operating margin2.1%-2.1%4.1%3.5%5.1%5.0%2.3%-55.6%-16.3%-9.1%
Net margin0.8%3.0%2.7%2.4%4.4%3.0%1.2%-40.7%-2.4%-0.6%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$900.00M$619.00M$921.00M$465.00M$1.43B$367.00M$360.00M$236.00M$363.61M$765.95M
Short-term investments$0$100.00M$17.00M$0$3.00M$0————
Receivables$753.00M$861.00M$992.00M$1.00B$1.00B$1.06B$1.07B$992.00M$57.14M$68.74M
Inventory$151.00M$145.00M$150.00M$169.00M$154.00M$178.00M$268.00M$208.00M$4.05M$4.06M
Total current assets$2.06B$1.97B$2.33B$1.92B$3.03B$2.04B$2.03B$1.66B$1.70B$923.47M
Goodwill$766.00M$509.00M$509.00M$547.00M$547.00M$547.00M$547.00M$0—$0
Total assets$9.45B$9.29B$9.78B$10.78B$12.53B$13.49B$14.55B$8.14B$13.68B$8.40B
Total current liabilities$887.00M$918.00M$879.00M$962.00M$1.15B$1.18B$1.51B$1.18B$1.09B$440.31M
Short-term debt$12.00M$20.00M$21.00M$10.00M$5.00M$6.00M$19.00M$26.00M$31.13M$5.27M
Long-term debt$2.43B$2.44B$2.42B$2.32B$3.42B$2.93B$3.73B$4.08B$2.42B$823.36M
Total debt$2.44B$2.46B$2.44B$2.33B$3.43B$2.93B$3.75B$4.11B$2.45B$828.64M
Total liabilities$5.30B$5.03B$5.22B$6.13B$7.72B$7.57B$8.70B$8.72B$8.59B$3.60B
Shareholders' equity$4.14B$4.27B$4.56B$4.65B$4.80B$5.93B$5.85B$5.20B$5.09B$4.80B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$782.00M$776.00M$1.02B$1.02B$1.53B$1.10B$1.16B$1.14B$1.15B$589.89M
Capital expenditures$636.00M$685.00M$776.00M$957.00M$1.34B$1.13B$1.16B$643.07M$365.45M$390.53M
Free cash flow$146.00M$91.00M$241.00M$59.00M$194.00M-$28.00M-$6.00M$498.09M$780.43M$199.36M
Investing cash flow-$808.00M-$981.00M-$680.00M-$1.25B-$1.51B-$2.46B-$1.78B-$1.33B-$754.50M$2.14B
Financing cash flow-$59.00M-$77.00M-$32.00M-$220.00M$957.00M$321.00M$613.00M$56.04M-$277.46M-$2.35B
Share buybacks$3.00M$0$0$0$14.00M$8.00M$40.00M$5.81M$0$108.13M
Stock-based compensation$42.00M$46.00M$54.00M$59.00M$53.00M$49.00M$42.00M$19.58M$18.34M$27.17M
Depreciation & amortization$820.00M$817.00M$839.00M$890.00M$862.00M$851.00M$882.00M$270.50M$285.40M$303.40M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.