Telephone and Data Systems, Inc. (TDS) Q3 2026 Earnings Call Transcript

TDS's strategic pivot following the UScellular divestiture has dramatically deleveraged the balance sheet, with debt-to-equity falling from 0.87 to 0.23 and cash surging to $2.2B, providing ample liquidity for its fiber expansion.
Price trend, volume and key moving averages
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 6, 2026 | $0.26+126.5% vs $0.11 | $307M-0.8% vs $309M |
Q3 2026 Aug 7, 2026 | $2.42+2693.8% vs $0.09 | $309M-2.1% vs $316M |
Q2 2026 May 8, 2026 | $1.11+227.6% vs -$0.87 | $309M-1.2% vs $313M |
Q1 2026 Feb 20, 2026 | $0.32+255.6% vs $0.09 | $331M+2.7% vs $322M |
Telephone and Data Systems, Inc. (TDS) Q3 2026 Earnings Call Transcript

While the top- and bottom-line numbers for TDS (TDS) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

TDS Board authorizes incremental $250 million share repurchase plan TDS Telecom updates guidance for 2026 CHICAGO, Nov. 6, 2026 /PRNewswire/ -- As previously announced, TDS will hold a teleconference on November 6, 2026, at 9:00 a.m. CT. Listen to the call live via the Events & Presentations page of investors.tdsinc.com.
Evaluate the expected performance of TDS (TDS) for the quarter ended September 2026, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Benchmark TDS against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Telephone and Data Systems, Inc. (TDS)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $32.87 | $3.49B | -49.80 | -75.26% | -0.51% | -0.11% | 2.32% | |
| $3.99 | $4.11B | -2.28 | -5.39% | -8.65% | -52.11% | 0.03% | |
| $9.65 | $534.27M | -13.59 | 9.08% | -14.86% | -4.45% | 1.21% | |
| $21.63 | $148.22B | 7.12 | 2.71% | 10.14% | 10.35% | 5.27% | |
| $45.69 | $190.78B | 11.25 | 2.52% | 11.78% | 15.53% | 5.94% | |
| $162.01 | $173.78B | 16.67 | 8.49% | 12.05% | 19.86% | 2.25% |
Telephone and Data Systems, Inc. (TDS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Telephone and Data Systems, Inc. (TDS) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 7, 2026·SEC
Jun 1, 2026·SEC
May 26, 2026·SEC
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Telephone and Data Systems, Inc. (TDS) stock FAQ — growth, dividends, profitability & financials explained
Telephone and Data Systems, Inc. (TDS) reported $1.26B in revenue over the trailing twelve months. Revenue was $1.23B in fiscal year 2025. That is 1% more than the $1.21B of fiscal year 1996.
Telephone and Data Systems, Inc. (TDS) revenue fell by 75.3% in fiscal year 2025, compared with the prior fiscal year.
Yes. Telephone and Data Systems, Inc. (TDS) earned $418.6M in net income over the trailing twelve months (a 33.3% net margin).
Yes. Telephone and Data Systems, Inc. (TDS) pays a dividend that yields 2.32% at the current price, a moderate yield.
Telephone and Data Systems, Inc. (TDS) had a return on equity (ROE) of -0.1% in fiscal year 2025. A negative ROE means the company lost money over the period.
Telephone and Data Systems, Inc. (TDS) generated $4.34B in free cash flow over the trailing twelve months.