TELEPHONE & DATA SYSTEMS INC /DE/
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $1.2B | $1.3B | $1.4B | $5.4B | $5.3B |
| Selling, general & administrative | $435.1M | $486.7M | $488.8M | $1.8B | $1.7B |
| Operating expenses | $1.3B | $1.5B | $2.0B | $5.3B | $5.1B |
| Operating income | -$97.4M | -$191.3M | -$682.6M | $122.0M | $261.0M |
| Interest expense | $112.7M | $108.6M | $62.2M | $174.0M | $232.0M |
| Pretax income | $89.0M | -$103.4M | -$563.5M | $125.0M | $221.0M |
| Income tax expense | -$62.2M | -$22.1M | -$15.8M | $53.0M | $33.0M |
| Net income | -$6.2M | -$27.7M | -$500.0M | $62.0M | $156.0M |
| Balance Sheet | |||||
| Cash and equivalents | $766.0M | $363.6M | $236.0M | $360.0M | $367.0M |
| Current assets | $923.5M | $1.7B | $1.7B | $2.0B | $2.0B |
| Total assets | $8.4B | $13.7B | $8.1B | $14.6B | $13.5B |
| Current liabilities | $440.3M | $1.1B | $1.2B | $1.5B | $1.2B |
| Total debt | $828.6M | $2.4B | $4.1B | $3.8B | $2.9B |
| Stockholders' equity | $4.8B | $5.1B | $5.2B | $5.8B | $5.9B |
| Cash Flow Statement | |||||
| Cash from operations | $589.9M | $1.1B | $1.1B | $1.2B | $1.1B |
| Depreciation and amortization | $303.4M | $285.4M | $270.5M | $882.0M | $851.0M |
| Stock-based compensation | $27.2M | $18.3M | $19.6M | $42.0M | $49.0M |
| Capital expenditure | $390.5M | $365.4M | $643.1M | $1.2B | $1.1B |
| Free cash flow | $199.4M | $780.4M | $498.1M | -$6.0M | -$28.0M |
| Dividends paid | $18.4M | $35.2M | $83.4M | $82.0M | $80.0M |
| Share repurchases | $108.1M | $0 | $5.8M | $40.0M | $8.0M |
| Impairments | — | — | $0 | $3.0M | $0 |
Shares outstanding 113.8M
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.