Stocks›Communication Services›TDS

TDS

Telephone and Data Systems, Inc.

NYSEResearch view

Telephone and Data Systems, Inc. operates in the Telephone Communications (No Radiotelephone) industry.

$35.11−0.79%

Oct 5 close · 1D EOD · Databento

Communication ServicesTelephone Communications (No Radiotelephone)Mid-capSEC EDGAR FY 2025-12-31

What happened

Daily closes · dots are Wire stories

What’s next

Expected around early November, going by its own filing history. The company has not announced a date yet. Its matching report came Nov 7, 2025 and Nov 1, 2024, before the open.

Last report

Aug 7, 2026−8.39%

before the open

Last 4, next close

median 2.10% either way

up 1 of 4

Every report since 2023 →Earnings calendar →

DateEventSourceNext close

Aug 7Earnings release, before the open · 8-KSEC EDGARSEC EDGAR ↗−8.39%

Next close = the first close after the event against the close before it. Prior-session closes only; not a call, not advice.

What happened · big days

22 big days in a year, and what we hold on each

A big day is a close more than 3.06% from the one before, three times TDS’s median day (1.02%). On 2 of the 22, its peer group moved the same way at least half as far. We show what we hold. We never name a cause.

every other trading daya big day, numbered in the list below±3.06%Hover a bar for its day. Click a big day to open it.

Shaded: since our stories began, Jun 10. Tap a bar for its day.

#DayTDSWhat we hold that dayGroup (median of 4) · each

1 Oct 10, 2025−3.23%
Before our storiesgroup −2.2%, moved with TDS
1Oct 10, 2025−3.23%
Before our stories
−2.2% moved with TDSLUMN −3.9 · VZ −2.4 · IDT −2.0 · T −0.9
2 Nov 25, 2025+3.24%
Before our storiesgroup +1.4%, did not move with it
2Nov 25, 2025+3.24%
Before our stories
+1.4% did not move with itLUMN +3.8 · IDT +1.9 · VZ +0.9 · T +0.9
3 Dec 8, 2025−3.50%
Before our storiesgroup −1.3%, did not move with it
3Dec 8, 2025−3.50%
Before our stories
−1.3% did not move with itT −1.7 · IDT −1.6 · VZ −0.9 · LUMN +1.3
4 Dec 22, 2025+5.21%
Before our storiesgroup +0.5%, did not move with it
4Dec 22, 2025+5.21%
Before our stories
+0.5% did not move with itT +0.6 · IDT +0.6 · VZ +0.4 · LUMN −5.1
5 Jan 14, 2026+4.06%
Before our storiesgroup +1.7%, did not move with it
5Jan 14, 2026+4.06%
Before our stories
+1.7% did not move with itVZ +2.1 · IDT +2.0 · T +1.3 · LUMN +0.7
6 Jan 20, 2026−3.28%
Before our storiesgroup −1.0%, did not move with it
6Jan 20, 2026−3.28%
Before our stories
−1.0% did not move with itLUMN −5.2 · IDT −1.8 · T −0.2 · VZ +0.4
7 Feb 23, 2026−3.40%
Before our storiesgroup −0.1%, did not move with it
7Feb 23, 2026−3.40%
Before our stories
−0.1% did not move with itLUMN −4.8 · IDT −1.0 · VZ +0.9 · T +1.9
8 Mar 23, 2026+4.93%
Before our storiesgroup +1.5%, did not move with it
8Mar 23, 2026+4.93%
Before our stories
+1.5% did not move with itLUMN +4.3 · T +1.6 · IDT +1.5 · VZ +1.2
9 Apr 1, 2026+4.85%
Before our storiesgroup −0.6%, did not move with it
9Apr 1, 2026+4.85%
Before our stories
−0.6% did not move with itLUMN +1.7 · IDT +0.3 · VZ −1.6 · T −2.4
10 May 11, 2026−6.80%
Before our storiesgroup −1.4%, did not move with it
10May 11, 2026−6.80%
Before our stories
−1.4% did not move with itIDT −2.6 · LUMN −1.6 · T −1.1 · VZ +0.0
11 May 15, 2026−3.25%
Before our storiesgroup −2.0%, moved with TDS
11May 15, 2026−3.25%
Before our stories
−2.0% moved with TDSLUMN −2.8 · T −2.5 · IDT −1.5 · VZ −1.5
12 May 22, 2026−4.61%
Before our storiesgroup −0.1%, did not move with it
12May 22, 2026−4.61%
Before our stories
−0.1% did not move with itT −0.3 · LUMN −0.3 · VZ +0.2 · IDT +0.4
13 Jun 24, 2026−3.89%
Nothing on TDSgroup +0.4%, did not move with it
13Jun 24, 2026−3.89%
Nothing on TDSNo TDS story, brief or results filing in our record that day
+0.4% did not move with itVZ −2.3 · T −1.9 · LUMN +2.8 · IDT +3.0
14 Jun 26, 2026+3.25%
Nothing on TDSgroup +1.2%, did not move with it
14Jun 26, 2026+3.25%
Nothing on TDSNo TDS story, brief or results filing in our record that day
+1.2% did not move with itIDT +2.5 · T +1.3 · VZ +1.0 · LUMN −2.9
15 Aug 4, 2026+3.84%
Nothing on TDSgroup +0.0%, did not move with it
15Aug 4, 2026+3.84%
Nothing on TDSNo TDS story, brief or results filing in our record that day
+0.0% did not move with itLUMN +4.0 · IDT +1.0 · T −0.9 · VZ −1.0
16 Aug 7, 2026−8.39%
Resultsgroup +0.2%, did not move with it
16Aug 7, 2026−8.39%
ResultsFirst close after the Aug 7 results filing
+0.2% did not move with itIDT −1.6 · VZ +0.1 · T +0.3 · LUMN +5.8
17 Aug 13, 2026+5.64%
Nothing on TDSgroup +2.1%, did not move with it
17Aug 13, 2026+5.64%
Nothing on TDSNo TDS story, brief or results filing in our record that day
+2.1% did not move with itVZ +2.6 · IDT +2.5 · LUMN +1.8 · T +1.4
18 Aug 21, 2026−3.20%
Nothing on TDSgroup +0.6%, did not move with it
18Aug 21, 2026−3.20%
Nothing on TDSNo TDS story, brief or results filing in our record that day
+0.6% did not move with itLUMN −1.2 · VZ +0.5 · T +0.6 · IDT +1.1
19 Sep 2, 2026+6.69%
Nothing on TDSgroup +0.3%, did not move with it
19Sep 2, 2026+6.69%
Nothing on TDSNo TDS story, brief or results filing in our record that day
+0.3% did not move with itLUMN +6.7 · IDT +0.9 · VZ −0.2 · T −0.2
20 Sep 3, 2026+5.44%
Nothing on TDSgroup +0.8%, did not move with it
20Sep 3, 2026+5.44%
Nothing on TDSNo TDS story, brief or results filing in our record that day
+0.8% did not move with itLUMN +1.5 · T +0.9 · VZ +0.7 · IDT −0.3
21 Sep 28, 2026−3.07%
Nothing on TDSgroup −1.4%, did not move with it
21Sep 28, 2026−3.07%
Nothing on TDSNo TDS story, brief or results filing in our record that day
−1.4% did not move with itLUMN −3.1 · T −1.9 · VZ −0.8 · IDT +3.1
22 Oct 1, 2026+3.77%
Nothing on TDSgroup −0.1%, did not move with it
22Oct 1, 2026+3.77%
Nothing on TDSNo TDS story, brief or results filing in our record that day
−0.1% did not move with itVZ +0.2 · IDT +0.0 · LUMN −0.2 · T −0.4

A story on the same day is not a cause, and a group move is not proof either. Group: the median of VZ, T, LUMN and IDT that day, the largest companies in TDS’s SEC industry; “moved with TDS” means the same direction and at least half the size.

What’s next · results

Before the next report: what the first day after the last four did

Six trading days after each results filing (SEC 8-K, Item 2.02). TDS reports before the open, so day 1 is that day’s close. 3 of 4 times, day 6 ended on the same side as day 1.

Reported Nov 7, 2025

day 1−2.08%day 6−0.44%

Reported Feb 20, 2026

day 1−0.55%day 6−1.73%

Reported May 8, 2026

day 1+2.13%day 6−10.99%

Reported Aug 7, 2026

day 1−8.39%day 6−2.19%

Next report: expected early NovemberEstimated from the dates of its last four results filings. Not announced. Since the Aug 7 report: −1.69%. Four reports is a small sample.

Every report since 2023 →

Each line is TDS’s close against its close before the filing, on licensed end-of-day closes. What happened after each report, not a forecast; a move on the day is not a cause.

The numbers · FY2025, filed

SEC EDGAR

Market cap$4.2B

Revenue$1.2B−5.30%

Net income$20.2M

EPS, diluted$-0.65+23.50%

Operating margin-7.9%

Return on equity0.4%

All filed figures

Snapshot

SEC EDGAR · FY 2025-12-31

SectorCommunication Services

Market Cap$4.2B

Enterprise Value$3.4B

Income$20.2M

Sales$1.2B

Book/sh$105.66

Cash/sh$15.45

Dividend TTM$0.16

Payout273%

Employees—

IPO—

Quick Ratio2.09

Current Ratio2.10

Debt/Eq—

EPS (ttm)$-0.65

EPS this Y23.5%

EPS past 3/5Y—

Sales past 3/5Y-39.0%

EPS Y/Y TTM23.5%

Sales Y/Y TTM-5.3%

Shs Outstand49.85M

ROA0.2%

ROE0.4%

ROIC-3.7%

Gross Margin—

Oper. Margin-7.9%

Profit Margin1.6%

Every figure here is filed with the SEC. Valuation and estimate metrics (P/E, PEG, EV/EBITDA, price targets, forward EPS) are omitted until our market-data feed is licensed for display — we’d rather show fewer numbers than blank ones. Deeper lines (cash flow, balance sheet) below.

Revenue by fiscal year

$5.3B

FY21

$5.4B

FY22

$1.4B

FY23

$1.3B

FY24

$1.2B

FY25

Operating leverage — margins

GrossOperatingNet

Financials, annual · income and cash flowSEC EDGAR · open ▸

Financials — annual

SEC EDGAR · last 5 FY · tap a row to explain it

USD	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$5.3B	$5.4B	$1.4B	$1.3B	$1.2B
Gross Profit	—	—	—	—	—
Operating Income	$261.0M	$122.0M	$-682.6M	$-191.3M	$-97.4M
Net Income	$188.1M	$71.7M	$-487.3M	$-26.5M	$20.2M
Diluted EPS	$1.00	$-0.07	$-5.05	$-0.85	$-0.65
Operating Cash Flow	$1.1B	$1.2B	$1.1B	$1.1B	$589.9M
Free Cash Flow	$-28.0M	$-6.0M	$498.1M	$780.4M	$199.4M

Same industry

TDS against four telecom peers, a year at 100

TDS is down 10.5% in a year. IDT is up 59.4%, Verizon 5.2% and AT&T is down 10.2%. Of these four, only Lumen Technologies (−12.3%) did less. Weekly closes, Oct 3, 2025 = 100, on a log scale, so the same percentage move is the same height on every line.

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TDS −10.5%. IDT +59.4%, Verizon +5.2%, AT&T −10.2%, Lumen Technologies −12.3%. Weekly closes, Oct 3, 2025 = 100, log scale.

Share this chart

End-of-day closes (Databento EOD), the last close of each week. The four peers are the largest US-listed companies by market value in TDS’s SEC industry (Telephone Communications (No Radiotelephone)) with a year of closes. It shows what the closes did; a move here is not a cause, a forecast or a call.

Same industry

In the screener →

VZ$190.8B T$166.5B LUMN$5.9B IDT$2.0B UNIT$2.0B ATEX$1.6B SHEN$601M ATNI$430M

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Fundamentals sourced from SEC EDGAR filings (public domain). For informational purposes only. Not investment advice.