Telephone and Data Systems, Inc. (TDS)

Revenue Breakdown

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Telephone and Data Systems (TDS) Telecom Revenue	1.04B	1.06B
Telephone and Data Systems (TDS) Telecom Revenue Growth	-1.95%	3.28%
Array Revenue	162.78M	102.75M
Array Revenue Growth	58.42%	2.46%
All Other Revenue	29.02M	137.20M
All Other Revenue Growth	-78.85%	-40.70%
Revenue (Other)	2.00K	1,000.00
Revenue (Total)	1.23B	1.30B
Revenue (Total) Growth	-5.30%	-4.29%

Revenue Breakdown 2

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Services Revenue	1.04B	1.12B
Services Revenue Growth	-7.12%	-0.12%
Site Rental Revenue	154.65M	102.61M
Site Rental Revenue Growth	50.72%	2.22%
Equipment and Product Sales Revenue	29.75M	70.54M
Equipment and Product Sales Revenue Growth	-57.84%	-45.55%
Revenue (Total)	1.23B	1.30B
Revenue (Total) Growth	-5.30%	-4.29%

EBIT

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Telephone and Data Systems (TDS) Telecom Operating Income	19.66M	105.31M
Telephone and Data Systems (TDS) Telecom Operating Income Growth	-81.33%	-
Array Operating Income	-92.53M	-260.34M
All Other Operating Income	-24.51M	-36.23M
Operating Income (Total)	-97.39M	-191.26M

Adjusted EBITDA

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Telephone and Data Systems (TDS) Telecom Adjusted EBITDA	330.26M	349.78M
Telephone and Data Systems (TDS) Telecom Adjusted EBITDA Growth	-5.58%	22.72%
Array Adjusted EBITDA	194.32M	121.92M
Array Adjusted EBITDA Growth	59.38%	13.34%
Operating Income (Total)	-97.39M	-191.26M

Key Performance Indicators

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015	Dec 31, 2014	Dec 31, 2013	Dec 31, 2012
Incumbent Fiber - Broadband Connections	127.30K	118.50K
Incumbent Fiber - Broadband Connections Growth	7.43%	7.63%
Incumbent Copper - Broadband Connections	91.20K	116.90K
Incumbent Copper - Broadband Connections Growth	-21.98%	-13.21%
Expansion Fiber - Broadband Connections	160.60K	126.10K
Expansion Fiber - Broadband Connections Growth	27.36%	36.77%
Cable - Broadband Connections	182.80K	191.50K
Cable - Broadband Connections Growth	-4.54%	-5.62%
Total Broadband Connections	561.90K	553.00K
Total Broadband Connections Growth	1.61%	2.44%
Video - Residential Connections	111.50K	121.00K
Video - Residential Connections Growth	-7.85%	-7.99%
Voice - Residential Connections	228.90K	261.60K
Voice - Residential Connections Growth	-12.50%	-7.10%
Wireless - Residential Connections	3.30K	100.00
Wireless - Residential Connections Growth	3200.00%	-
Total Residential Connections	905.60K	935.70K
Total Residential Connections Growth	-3.22%	-1.80%
Commercial Connections	173.90K	190.50K
Commercial Connections Growth	-8.71%	-9.37%
Total Connections	1.08M	1.13M
Total Connections Growth	-4.15%	-3.16%
Total Residential Fiber Net Adds	44.90K	34.70K
Total Residential Fiber Net Adds Growth	29.39%	-
Total Residential Broadband Net Adds	15.80K	19.10K
Total Residential Broadband Net Adds Growth	-17.28%	-35.91%
Incumbent Fiber - Service Addresses	384.00K	364.00K
Incumbent Fiber - Service Addresses Growth	5.50%	4.30%
Expansion Fiber - Service Addresses	574.00K	469.00K
Expansion Fiber - Service Addresses Growth	22.39%	26.76%
Cable Fiber - Service Addresses	104.00K	95.00K
Cable Fiber - Service Addresses Growth	9.47%	18.75%
Total Fiber Service Addresses	1.06M	928.00K
Total Fiber Service Addresses Growth	14.44%	16.14%
Incumbent Copper - Service Addresses	408.00K	469.00K
Incumbent Copper - Service Addresses Growth	-13.01%	0.21%
Cable Coax - Service Addresses	392.00K	396.00K
Cable Coax - Service Addresses Growth	-1.01%	-5.04%
Total Service Addresses	1.86M	1.79M
Total Service Addresses Growth	3.85%	6.47%
New Fiber Addresses	140.00K	129.00K
New Fiber Addresses Growth	8.53%	-40.55%
Fiber - Residential Broadband Churn	1.20%	1.20%
Copper - Residential Broadband Churn	1.60%	2.40%
Cable - Residential Broadband Churn	1.90%	2.00%
Total Residential Broadband Churn	1.50%	1.60%
Array - Owned Towers	4.45K	4.41K
Array - Owned Towers Growth	0.93%	0.82%
Number of Array Colocations	4.57K	2.44K
Number of Array Colocations Growth	87.07%	2.26%
Array - Tower Tenancy Rate	1.03	1.55
Array - Tower Tenancy Rate Growth	-33.55%	-

Updated Feb 20, 2026. Data Source: Fiscal.ai.