Financial Statements — TDS
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 2.19 | 1.37 | 0.93 | 0.54 | 0.35 | 0.45 | 0.32 | 0.25 | 0.26 | 0.25 | 0.26 | 0.44 | 0.47 | 0.55 | 0.73 | 0.39 | 1.04 |
| Short-term Investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 | 0.00 |
| Accounts Receivable | 0.06 | 0.06 | 0.06 | 0.92 | 0.92 | 0.93 | 0.95 | 0.96 | 0.99 | 1.01 | 1.04 | 1.07 | 1.06 | 1.05 | 0.99 | 0.98 | 0.98 |
| Inventory | 0.00 | 0.00 | 0.00 | 0.13 | 0.18 | 0.17 | 0.15 | 0.18 | 0.18 | 0.22 | 0.27 | 0.25 | 0.21 | 0.18 | 0.14 | 0.19 | 0.14 |
| Total Current Assets | 2.35 | 1.52 | 1.08 | 1.79 | 1.67 | 1.75 | 1.64 | 1.63 | 1.68 | 1.75 | 1.90 | 2.09 | 2.05 | 2.09 | 2.30 | 1.99 | 2.64 |
| Property, Plant & Equipment | 3.12 | 3.03 | 2.88 | 4.81 | 4.87 | 4.99 | 4.99 | 5.05 | 5.00 | 4.93 | 4.87 | 4.65 | 4.55 | 4.39 | 4.11 | 3.97 | 3.95 |
| Goodwill | -- | -- | -- | -- | -- | -- | -- | -- | 0.55 | 0.55 | 0.55 | 0.55 | 0.55 | 0.55 | 0.55 | 0.55 | 0.55 |
| Intangible Assets | 0.12 | 0.12 | 0.14 | 0.15 | 0.15 | 0.17 | 0.17 | 0.18 | 0.19 | 0.19 | 0.20 | 0.21 | 0.21 | 0.20 | 0.20 | 0.21 | 0.21 |
| Total Non-current Assets* | 6.03 | 6.69 | 7.45 | 11.74 | 11.86 | 11.98 | 12.23 | 12.24 | 12.73 | 12.66 | 12.64 | 12.39 | 12.19 | 12.04 | 11.15 | 10.79 | 10.77 |
| Total Assets | 8.38 | 8.21 | 8.53 | 13.53 | 13.54 | 13.73 | 13.87 | 13.87 | 14.41 | 14.41 | 14.54 | 14.48 | 14.24 | 14.12 | 13.45 | 12.78 | 13.41 |
| Total Current Liabilities | 0.62 | 0.44 | 0.57 | 1.00 | 0.96 | 1.10 | 1.09 | 1.03 | 1.33 | 1.28 | 1.23 | 1.41 | 1.23 | 1.12 | 1.29 | 0.99 | 0.96 |
| Long-term Debt | 0.67 | 0.67 | 0.83 | 4.03 | 4.04 | 4.10 | 4.10 | 4.16 | 3.84 | 3.87 | 4.04 | 3.61 | 3.46 | 3.57 | 2.80 | 3.34 | 3.99 |
| Total Non-current Liabilities* | 2.60 | 2.84 | 3.49 | 7.52 | 7.50 | 7.55 | 7.64 | 7.63 | 7.36 | 7.38 | 7.50 | 7.17 | 7.07 | 7.05 | 6.25 | 6.57 | 7.19 |
| Total Liabilities* | 3.21 | 3.29 | 4.07 | 8.52 | 8.46 | 8.65 | 8.72 | 8.66 | 8.69 | 8.65 | 8.72 | 8.57 | 8.30 | 8.16 | 7.54 | 7.56 | 8.15 |
| Retained Earnings | 2.02 | 1.81 | 1.30 | 1.77 | 1.82 | 1.87 | 1.96 | 2.01 | 2.57 | 2.61 | 2.66 | 2.76 | 2.81 | 2.82 | 2.82 | 2.81 | 2.83 |
| Total Stockholder Equity | 5.17 | 4.92 | 4.47 | 5.00 | 5.08 | 5.08 | 5.15 | 5.20 | 5.73 | 5.75 | 5.82 | 5.90 | 5.94 | 5.96 | 5.91 | 5.22 | 5.25 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 0.26 | 0.26 | (1.47) | 0.26 | 1.16 | 1.13 | 1.21 | 1.19 | 1.21 | 1.23 | 1.28 | 1.25 | 1.24 | 1.27 | 1.33 | 1.36 | 1.32 | 1.29 | 1.34 | 1.30 |
| Selling, General & Admin | 0.11 | 0.10 | (0.52) | 0.11 | 0.42 | 0.43 | 0.45 | 0.42 | 0.43 | 0.42 | 0.45 | 0.43 | 0.44 | 0.44 | 0.47 | 0.46 | 0.43 | 0.41 | 0.44 | 0.43 |
| Total Operating Expenses | (0.06) | 0.17 | (1.32) | 0.38 | 1.15 | 1.12 | 1.20 | 1.30 | 1.20 | 1.20 | 1.84 | 1.23 | 1.23 | 1.27 | 1.38 | 1.40 | 1.29 | 1.22 | 1.35 | 1.26 |
| Operating Income | 0.37 | 0.14 | (0.10) | (0.07) | 0.04 | 0.04 | 0.04 | (0.08) | 0.04 | 0.07 | (0.52) | 0.05 | 0.03 | 0.03 | (0.02) | (0.01) | 0.06 | 0.10 | 0.02 | 0.07 |
| Interest Expense | 0.01 | 0.01 | (0.07) | 0.05 | 0.07 | 0.06 | 0.07 | 0.08 | 0.07 | 0.06 | 0.07 | 0.06 | 0.06 | 0.05 | 0.06 | 0.05 | 0.04 | 0.03 | 0.04 | 0.05 |
| Pretax Income | 0.45 | 0.23 | 0.04 | 0.01 | 0.02 | 0.02 | 0.01 | (0.10) | 0.01 | 0.06 | (0.55) | 0.03 | 0.02 | 0.03 | (0.04) | (0.01) | 0.07 | 0.11 | 0.03 | 0.07 |
| Tax Provision | 0.11 | 0.05 | -0.00 | (0.07) | 0.00 | 0.01 | 0.01 | (0.02) | 0.01 | 0.02 | (0.04) | 0.03 | 0.02 | 0.01 | (0.01) | -0.00 | 0.03 | 0.04 | (0.01) | 0.02 |
| Net Income | 0.30 | 0.14 | 0.06 | (0.08) | 0.01 | 0.01 | 0.01 | (0.07) | 0.00 | 0.03 | (0.51) | 0.00 | -0.00 | 0.01 | (0.03) | (0.01) | 0.04 | 0.06 | 0.03 | 0.04 |
| Basic EPS | 2.45 | 1.12 | 0.33 | (0.85) | (0.05) | (0.09) | (0.10) | (0.73) | (0.13) | 0.11 | (4.64) | (0.16) | (0.17) | (0.08) | (0.38) | (0.22) | 0.15 | 0.38 | 0.12 | 0.24 |
| Diluted EPS | 2.42 | 1.09 | 0.33 | (0.84) | (0.05) | (0.09) | (0.09) | (0.73) | (0.13) | 0.10 | (4.65) | (0.16) | (0.17) | (0.08) | (0.37) | (0.22) | 0.15 | 0.37 | 0.11 | 0.24 |
Cash Flow Statement
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 0.06 | 0.07 | 0.02 | (0.04) | 0.42 | 0.19 | 0.21 | 0.31 | 0.40 | 0.22 | 0.22 | 0.41 | 0.47 | 0.05 | 0.25 | 0.17 | 0.35 | 0.38 | 0.24 | 0.38 |
| Capital Expenditures | 0.17 | 0.15 | 0.13 | (0.02) | 0.16 | 0.13 | 0.23 | 0.20 | 0.22 | 0.24 | 0.31 | 0.28 | 0.30 | 0.33 | 0.37 | 0.79 | 0.26 | 0.27 | 0.41 | 0.27 |
| Free Cash Flow* | (0.11) | (0.08) | (0.11) | (0.01) | 0.26 | 0.06 | (0.02) | 0.10 | 0.19 | (0.01) | (0.09) | 0.13 | 0.17 | (0.28) | (0.11) | (0.63) | 0.10 | 0.11 | (0.16) | 0.11 |
| Investing Cash Flow | 1.00 | 0.87 | (0.08) | 2.49 | (0.14) | (0.12) | (0.17) | (0.11) | (0.22) | (0.25) | (0.40) | (0.29) | (0.29) | (0.33) | (0.37) | (0.29) | (0.27) | (0.85) | (0.46) | (0.29) |
| Financing Cash Flow | (0.23) | (0.33) | (0.10) | (2.08) | (0.09) | (0.08) | (0.13) | (0.07) | (0.11) | 0.03 | 0.16 | (0.12) | (0.19) | 0.20 | 0.04 | 0.10 | (0.17) | 0.65 | (0.13) | 0.25 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Dividends Per Share | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 |
