# TELEPHONE AND DATA SYSTEMS, INC. (TDS) · Edgar & Edgarette company card

> Telephone And Data Systems (TDS) saw revenue fall 5.3% in FY2025 to $1.2 billion, operating margin -7.9% against a 2.5% median for telephone communications (no radiotelephone), equity 57.2% of assets, and its dividend per share fell in the latest year on record. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1051512 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/TDS) · [JSON](https://www.pops4.com/boards/company/TDS.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $1.2B |
| Revenue growth, 1 year | -5.3% |
| Revenue growth per year | -30.7% |
| Operating margin | -7.9% (prior year -14.7%) |
| Net margin | 1.6% |
| Operating cash flow | $590M |
| Capital spending | $391M |
| Free cash flow | $199M |
| Cash | $766M |
| Long-term debt | $829M |
| Total assets | $8.4B |
| Total equity | $4.8B |
| Equity ÷ assets | 57.2% |
| Return on equity | 0.4% |
| Dividend per share | $0.16 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 2.36 (grey zone)
- Piotroski F: 7 of 9 (solid)
- Health Harbor boat: Old boat · three warning signs · slow and jumpy: growing slower than its size class, with revenue that swings more; operating loss: a margin of -7.9% in FY2025; revenue is hard to predict: its 80% range is ±63%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $1.2B (FY2025), total debt $828.6M. Experience: revenue down 5.3% on the year, down 30.7% a year over 4 years; operating margin -7.9%, up from -14.7%. Soundness: equity 57.2% of assets, return on equity 0.4%, the dividend per share fell in the latest year on record. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $447.1M and $2.0B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $261.0M to $3.3B. A statistical range, not company guidance. Against peers (14 filers, $50M+ revenue, telephone communications (no radiotelephone)): operating margin -7.9% against a 2.5% median; growth -5.3% against 2.3%.

Range logged 2026-09-29, receipt a0cb54987890080c, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-03-24 ([filing](https://www.sec.gov/Archives/edgar/data/1051512/000105151226000020/0001051512-26-000020-index.htm))

## Recent filings

- 8-K · filed 2026-09-02 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1051512/000105151226000070/0001051512-26-000070-index.htm)
- 10-Q · filed 2026-08-07 · [filing](https://www.sec.gov/Archives/edgar/data/1051512/000105151226000063/0001051512-26-000063-index.htm)
- 8-K · filed 2026-08-07 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1051512/000105151226000062/0001051512-26-000062-index.htm)
- 8-K · filed 2026-06-01 · 2.01 Completion of Acquisition or Disposition of Assets; 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/1051512/000105151226000055/0001051512-26-000055-index.htm)
- 8-K · filed 2026-05-26 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1051512/000105151226000049/0001051512-26-000049-index.htm)
- 10-Q · filed 2026-05-08 · [filing](https://www.sec.gov/Archives/edgar/data/1051512/000105151226000045/0001051512-26-000045-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001051512.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1051512

## Cite

POPS4, Edgar & Edgarette: TELEPHONE AND DATA SYSTEMS, INC. (TDS) company card, from the company's own SEC filings, accessed 2026-11-05, https://www.pops4.com/boards/company/TDS. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.