Telephone and Data Systems, Inc. Income Statement

TDS / Communication Services|15 years of annual SEC 10-K data (FY2011-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.

Telephone and Data Systems, Inc. reported $1.2B in revenue and $6M in net loss for FY2025. Revenue has declined at a 9.8% compound annual rate over the past 14 years.

Based on SEC 10-K filings.

Key Data Points

Altman Z-Score 0.88 (distress zone, below 1.8 threshold)
High earnings quality (cash-backed earnings)

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	$1.2B	$1.3B	$1.4B	$5.4B	$5.3B	$5.2B	$5.2B	$5.1B	$5.0B	$5.2B	$5.2B	$5.0B	$4.9B	$5.3B	$5.2B
Cost of Revenue	-	-	-	-	-	-	-	-	$1.2B	$1.2B	$1.2B	$1.3B	$2.2B	$2.3B	$2.1B
SG&A Expense	$435.1M	$486.7M	$488.8M	$1.8B	$1.7B	$1.7B	$1.7B	$1.7B	$1.7B	$1.8B	$1.8B	$1.9B	$1.9B	$2.0B	$2.0B
Operating Income	-$97.4M	-$191.3M	-$682.6M	$122.0M	$261.0M	$259.0M	$179.0M	$205.0M	-$108.0M	$108.0M	$431.0M	-$190.0M	$235.4M	$183.9M	$362.5M
Interest Expense	$112.7M	$108.6M	$62.2M	$174.0M	$232.0M	$168.0M	$165.0M	$172.0M	$170.0M	$170.0M	$142.0M	$111.0M	$98.8M	$86.7M	$118.2M
Income Tax	-$62.2M	-$22.1M	-$15.8M	$53.0M	$33.0M	$19.0M	$64.0M	$46.0M	-$279.0M	$40.0M	$172.0M	-$5.0M	$126.0M	$73.6M	$113.5M
Net Income	-$6.2M	-$27.7M	-$500.0M	$62.0M	$156.0M	$226.0M	$121.0M	$135.0M	$153.0M	$43.0M	$219.0M	-$136.0M	$141.9M	$81.9M	$200.6M
EPS (Basic)	-$5.05	-$0.07	$1.03	$1.97	$1.06	$1.20	$1.39	$0.39	$2.02	-$1.26	$1.31	$0.75	$1.85	$1.32	$1.67
EPS (Diluted)	-$5.05	-$0.07	$1.00	$1.93	$1.03	$1.17	$1.37	$0.39	$1.98	-$1.26	$1.29	$0.75	$1.83	$1.31	$1.67
Shares Outstanding	114.3M	113.0M	112.0M	115.0M	114.0M	115.0M	114.0M	111.0M	110.0M	109.0M	107.9M	108.8M	108.0M	108.5M	103.9M
Operating Margin	-7.9%	-14.8%	-50.4%	2.3%	4.9%	5.0%	3.5%	4.0%	-2.1%	2.1%	8.3%	-3.8%	4.8%	3.4%	7.0%
Profit Margin	-0.5%	-2.1%	-36.9%	1.1%	2.9%	4.3%	2.3%	2.6%	3.0%	0.8%	4.2%	-2.7%	2.9%	1.5%	3.9%

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

Telephone and Data Systems, Inc. Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Revenue

$1.2B

$1.3B

$1.4B

$5.4B

$5.3B

$5.2B

$5.1B

$5.0B

$5.2B

$5.0B

$4.9B

$5.3B

$5.2B

Cost of Revenue

$1.2B

$1.3B

$2.2B

$2.3B

$2.1B

SG&A Expense

$435.1M

$486.7M

$488.8M

$1.8B

$1.7B

$1.8B

$1.9B

$2.0B

Operating Income

-$97.4M

-$191.3M

-$682.6M

$122.0M

$261.0M

$259.0M

$179.0M

$205.0M

-$108.0M

$108.0M

$431.0M

-$190.0M

$235.4M

$183.9M

$362.5M

Interest Expense

$112.7M

$108.6M

$62.2M

$174.0M

$232.0M

$168.0M

$165.0M

$172.0M

$170.0M

$142.0M

$111.0M

$98.8M

$86.7M

$118.2M

Income Tax

-$62.2M

-$22.1M

-$15.8M

$53.0M

$33.0M

$19.0M

$64.0M

$46.0M

-$279.0M

$40.0M

$172.0M

-$5.0M

$126.0M

$73.6M

$113.5M

Net Income

-$6.2M

-$27.7M

-$500.0M

$62.0M

$156.0M

$226.0M

$121.0M

$135.0M

$153.0M

$43.0M

$219.0M

-$136.0M

$141.9M

$81.9M

$200.6M

EPS (Basic)

-$5.05

-$0.07

$1.03

$1.97

$1.06

$1.20

$1.39

$0.39

$2.02

-$1.26

$1.31

$0.75

$1.85

$1.32

$1.67

EPS (Diluted)

-$5.05

-$0.07

$1.00

$1.93

$1.03

$1.17

$1.37

$0.39

$1.98

-$1.26

$1.29

$0.75

$1.83

$1.31

$1.67

Shares Outstanding

114.3M

113.0M

112.0M

115.0M

114.0M

115.0M

114.0M

111.0M

110.0M

109.0M

107.9M

108.8M

108.0M

108.5M

103.9M

Operating Margin

-7.9%

-14.8%

-50.4%

2.3%

4.9%

5.0%

3.5%

4.0%

-2.1%

2.1%

8.3%

-3.8%

4.8%

3.4%

7.0%

Profit Margin

-0.5%

-2.1%

-36.9%

1.1%

2.9%

4.3%

2.3%

2.6%

3.0%

0.8%

4.2%

-2.7%

2.9%

1.5%

3.9%