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Telephone and Data Systems

TDS

Telephone and Data Systems Inc. (TDS) is a diversified telecommunications company providing high-quality broadband, video, voice, and wireless services.

Market cap
$3.83B-14.9%
Revenue$2.1B-0.8%
Net income$138.5M+627%
Free cash flow$355.9M-68.9%
EPS (diluted)$0.11+113%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 10, 2026 (In 1 week)
Revenue estimate$315.8M
EPS estimate$0.09

Financials

Q1 2026

Income statement

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Revenue$309.5M+6.5%
Operating income$143.8M+524%
Net income$144.6M+1,836%
EPS (diluted)$1.09+1,311%

Balance sheet

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Cash & equivalents$1.4B+269%
Total debt$1.3B-75.4%
Total equity$4.9B-3.0%
Total assets$8.2B+2.2%

Cash flow

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Operating cash flow$67.5M-63.7%
CapEx$149.0M+131%
Free cash flow-$81.6M-167%

Valuation & ratios

Valuation

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Market cap$3.83B-14.9%
Enterprise value$3.72B-58.6%
P/E27.7×
P/S1.8×-0.3×

Profitability

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Operating margin3.8%+2.1pp
Net margin6.5%

Returns & leverage

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Return on equity2.8%
Debt / equity0.3×-0.7×
Current ratio3.4×+1.7×

Segments

By product

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Residential Revenue$178.6M-2.9%
Wholesale Revenue$37.4M-1.4%
Commercial Revenue$32.8M-5.3%
Equipment and Product Sales$8.0M+10.8%
Other Service Revenue$962.0K+319%

By segment

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T D S Telecom Segment$249.6M-3.0%

Competitors

Profile

Telephone and Data Systems Inc. (TDS) is a diversified telecommunications company providing high-quality broadband, video, voice, and wireless services. The company focuses on expanding its fiber-rich networks to urban, suburban, and rural communities while managing a significant portfolio of digital infrastructure assets. Its core value proposition centers on delivering high-speed connectivity and integrated communication solutions through modern IP-based infrastructure.

Competitive position

TDS is a leading regional provider focusing on underserved and mid-sized markets with a strategic emphasis on high-speed fiber deployment.

GeographiesUnited States
Customer segmentsB2C, SMB, Wholesale carriers
Business modelSubscription, Leasing, Wholesale
SuppliersFiber optic cable manufacturers, Network equipment providers, Satellite TV content providers, Wireless network capacity (MVNO partners)
CustomersResidential households, Small and medium businesses, Wireless service providers, Interexchange carriers
Listed1981
Employees4.3K
CEOWalter Carlson
Websitetdsinc.com
FilingsSEC EDGAR

Questions, answered.

What is Telephone and Data Systems's market cap?
Telephone and Data Systems (TDS) has a market capitalization of $3.8B and trades on NYSE.
What is Telephone and Data Systems's revenue and profitability?
Telephone and Data Systems generated $2.1B in trailing twelve-month revenue with net income of $138.5M, representing a net margin of 6.5%. Gross margin stands at 77.2%, with free cash flow of $355.9M. These figures are based on the Q1 2026 filing.
Who are Telephone and Data Systems's competitors?
Telephone and Data Systems's key competitors include AT&T Inc., Charter Communications, Inc., Verizon Communications Inc., and others. These companies compete in similar markets and product categories.
What subsidiaries does Telephone and Data Systems have?
Telephone and Data Systems's subsidiaries include TDS Telecommunications LLC, Array Digital Infrastructure, Inc., Suttle-Straus, Inc..
Where is Telephone and Data Systems headquartered?
Telephone and Data Systems is headquartered in United States of America and employs approximately 4,300 people. It has been publicly traded since 1981.