Telephone and Data Systems, Inc. (TDS)

TDS Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	2,135	1,228	1,297	1,355	5,413	5,329
Revenue Growth (YoY)	-0.77%	-5.30%	-4.29%	-74.97%	1.58%	1.99%
Cost of Revenue	745.12	503.26	590.26	688.72	2,565	2,472
Gross Profit	1,390	724.95	706.72	666.39	2,848	2,857
Selling, General & Admin	629.9	435.06	486.7	488.84	1,768	1,677
Depreciation & Amortization Expenses	413.69	351.89	325.7	310.07	929	895
Other Operating Expenses	-122.08	1.69	59.31	539.51	29	24
Total Operating Expenses	921.5	788.64	871.7	1,338	2,726	2,596
Operating Income	-11.14	-97.39	-191.26	-682.57	122	261
Interest Income	332.48	285.44	190.82	179.42	176	193
Interest Expense	-134.92	-112.67	-108.58	-62.18	-174	-232
Other Non-Operating Income (Expense)	119.14	82.61	5.62	1.84	1	-1
Total Non-Operating Income (Expense)	316.7	255.38	87.87	119.09	3	-40
Pretax Income	346.14	88.96	-103.39	-563.48	125	221
Provision for Income Taxes	7.57	-62.18	-22.07	-15.8	53	33
Net Income	62.4	-75.46	-96.93	-569.23	-7	117
Minority Interest in Earnings	171.35	122.18	71.67	94.67	79	71
Net Income Attributable to Preferred Dividends	68.92	69.23	69.23	69.23	69	39
Earnings From Discontinued Operations	-292.41	-254.54	99.31	110.8	-	-
Net Income to Common	62.4	-75.46	-96.93	-569.23	-7	117
Net Income Growth	-	-	-	-	-	-48.23%
Shares Outstanding (Basic)	115	115	114	113	114	115
Shares Outstanding (Diluted)	117	119	114	113	114	116
Shares Change (YoY)	1.55%	4.26%	0.85%	-1.10%	-1.72%	0.87%
EPS (Basic)	0.56	-0.66	-0.85	-5.05	-0.13	1.03
EPS (Diluted)	0.53	-0.65	-0.85	-5.05	-0.13	1.00
EPS Growth	-	-	-	-	-	-48.19%
Shares Outstanding	113.85	113.78	114	113	112	115
EBIT	-11.14	-97.39	-191.26	-682.57	122	261

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q