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Telephone and Data Systems TDS Network And Switching Equipment

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Other financials

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

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Market cap$4.51B+7.9%

Profitability

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Gross margin77.2%
Operating margin3.8%+2.1pp
Net margin6.5%
FCF margin44.1%

Returns & leverage

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

Where this comes from

Reported directly by Telephone and Data Systems in its filing.

Tagged under the XBRL concept tds:NetworkAndSwitchingEquipment.

The official record: Telephone and Data Systems’s 10-K, filed February 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Telephone and Data Systems's network and switching equipment?
Telephone and Data Systems (TDS) reported network and switching equipment of $1.47B in Q4 2025.
How has Telephone and Data Systems's network and switching equipment changed year-over-year?
Telephone and Data Systems's network and switching equipment decreased by 5.1% year-over-year, from $1.55B to $1.47B.
What is the long-term trend for Telephone and Data Systems's network and switching equipment?
Over 5 years (2020 to 2025), Telephone and Data Systems's network and switching equipment has grown at a -11.0% compound annual growth rate (CAGR), from $2.63B to $1.47B.
What does network and switching equipment mean?
The carrying value of hardware components responsible for routing and managing telecommunications traffic across the network. This metric reflects the company's investment in core switching technology necessary to maintain service quality and network capacity.