Telephone and Data Systems financials
$34.16−1.70%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.23B | $1.30B | $1.36B | $5.41B | $5.33B | $5.22B | $5.18B | $5.11B | $5.04B | $5.16B |
| Gross profit | $724.9M | $706.7M | $666.4M | $2.85B | $2.86B | $2.87B | $2.84B | $2.77B | $2.69B | $2.73B |
| Gross margin | 59.0% | 54.5% | 49.2% | 52.6% | 53.6% | 54.9% | 54.8% | 54.3% | 53.2% | 52.9% |
| Operating income | -$110.6M | -$243.0M | -$679.5M | $148.0M | $285.0M | $281.0M | $190.0M | $196.0M | -$110.0M | $114.0M |
| Net income | -$75.5M | -$96.9M | -$569.2M | -$7.0M | $117.0M | $226.0M | $121.0M | $135.0M | $153.0M | $43.0M |
| Net margin | −6.1% | −7.5% | −42.0% | −0.1% | 2.2% | 4.3% | 2.3% | 2.6% | 3.0% | 0.8% |
| Diluted EPS | $-0.65 | $-0.85 | $-5.05 | $-0.07 | $1.00 | $1.93 | $1.03 | $1.17 | $1.37 | $0.39 |
| EBITDA | $289.9M | $220.0M | $177.6M | $1.08B | $1.18B | $1.19B | $1.12B | $1.08B | $996.0M | $964.0M |
| Operating cash flow | $589.9M | $1.15B | $1.14B | $1.16B | $1.10B | $1.53B | $1.02B | $1.02B | $776.0M | $782.0M |
| Free cash flow | $199.4M | $780.4M | $498.1M | -$6.0M | -$28.0M | $194.0M | $59.0M | $241.0M | $91.0M | $146.0M |
| Diluted shares | 118.6M | 113.7M | 112.8M | 114.0M | 116.0M | 115.0M | 116.0M | 114.0M | 112.0M | 111.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $766.0M | $363.6M | $236.0M | $360.0M | $367.0M | $1.43B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | $3.0M |
| Total debt | $831.5M | $2.46B | $4.12B | $3.76B | $2.94B | $3.43B |
| Total assets | $8.40B | $13.68B | $13.92B | $14.55B | $13.49B | $12.53B |
| Total liabilities | $3.13B | $7.80B | $7.91B | $7.93B | $6.75B | $6.92B |
| Shareholders' equity | $5.27B | $5.87B | $6.00B | $6.60B | $6.73B | $5.59B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology