Telephone and Data Systems, Inc.

TDS Communication Services Telecom Services

Telephone and Data Systems, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, down 75.3% from fiscal 2024.

Revenue
+3.60%
EPS
+5,000.0%
Free cash flow
−134.0%
Total debt
−83.3%

Quarter to June 2026, against a year earlier

32.49 3.52 −9.78%
Market cap
$3.5B
P/E
10.6×
Fwd P/E
9.3×
Dividend yield
0.49%
F-score
6/9
Altman Z
1.36
Beneish M
−0.96
Dividend safety
16/100

Telephone and Data Systems, Inc. (TDS) Gross margin

Alert me on Gross margin

Telephone and Data Systems, Inc.'s gross margin over the twelve months to 30 June 2026 was 59.4%, up 0.3 percentage points from fiscal 2025 (59.0%). Over the past ten years it has ranged from 14.2% (fiscal 2024) to 59.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Telecom Services industry median of 48.8% and above the Communication Services sector median of 51.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 59.0% 44.78
FY2024 14.2% (34.94)
FY2023 49.2% (3.43)
FY2022 52.6% (1.00)
FY2021 53.6% (1.34)
FY2020 55.0% 0.10
FY2019 54.9% 0.57
FY2018 54.3% 1.05
FY2017 53.2% 0.35
FY2016 52.9% (0.77)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 58.2% (1.58)
Mar 2026 59.8% (1.25)
Dec 2025 61.0% 2.71
Sep 2025 58.3% (0.86)
42 more quarters

Against its own ten years

Low 14.2% High 59.0%
Ten-year median 53.6%
Current reading's percentile 98

Gross margin against peers

Company Gross margin
KYIV Kyivstar Group Ltd. compare 88.8%
VEON VEON Ltd. compare 87.1%
PHI PLDT Inc. compare 85.0%
IRDM Iridium Communications Inc compare 71.5%
TDS Telephone and Data Systems, Inc. 59.4%
LBTYK Liberty Global Ltd compare 48.8%
LBTYA Liberty Global Ltd compare 48.8%
LUMN Lumen Technologies, Inc. compare 48.4%
TKC Turkcell Iletisim Hizmetleri AS compare 27.4%
Telecom Services industry median 48.8%
Communication Services sector median 51.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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