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Telephone and Data Systems TDS Array — Divestitures

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Other financials

Income statement

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Revenue$309.3M+3.6%
Operating income$373.2M+3,133%
Net income$298.4M+2,479%
EPS (diluted)$2.42+4,940%

Balance sheet

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Cash & equivalents$2.2B+293%
Total debt$1.2B-75.4%
Total equity$5.2B+3.3%
Total assets$8.4B+2.6%

Cash flow

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Operating cash flow$55.6M-86.8%
CapEx$168.9M+96.2%
Free cash flow-$113.3M-134%

Valuation

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Market cap$4.1B-15.0%
Enterprise value$3.15B-68.6%
P/E9.7×
P/S3.3×-0.7×

Profitability

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Gross margin77.2%
Operating margin-21.9%
Net margin33.8%
FCF margin87.7%

Returns & leverage

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Return on equity8.4%
Debt / equity0.2×-0.8×
Current ratio3.8×+2.0×

Where this comes from

Reported directly by Telephone and Data Systems in its filing.

Tagged under the XBRL concept us-gaap:IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit.

The source filing: Telephone and Data Systems’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 4:15 PM EST
Fiscal year
FY2025
Accession
0001051512-26-000011
Line itemArrayTDS TelecomTotal
(Dollars in thousands)
Balance at December 31, 20243,285,6484,0003,289,648
Impairment(47,679)(900)(48,579)
Transferred to Assets held for sale1(1,595,731)(2,400)(1,598,131)
Divestitures(4,062)(4,062)
Capitalized interest4,0964,096
Balance at December 31, 2025$1,642,272$700$1,642,972

Item 8. Financial Statements and Supplementary Data

FAQ

What is Telephone and Data Systems's array — divestitures?
Telephone and Data Systems (TDS) reported array — divestitures of -$1.02M in Q4 2025.
What does array — divestitures mean?
The financial impact resulting from the sale or disposal of business units, subsidiaries, or significant asset groups within the segment. This metric captures the proceeds or losses generated from strategic exits, reflecting the company's efforts to optimize its portfolio. It is a key measure of capital recycling and the narrowing of operational focus.

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