Telephone & Data Systems (TDS) Goodwill & Intangibles (2009 - 2026)
Telephone & Data Systems' Goodwill & Intangibles came in at $1.6 billion for Q2 2026, down 65.3% from $4.59 billion a year earlier and down 2.9% from the prior quarter.
Telephone & Data Systems (TDS) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Telephone & Data Systems' Goodwill & Intangibles was $1.64 billion, down 50.1% from FY2024.
- Goodwill & Intangibles has declined in each of the last three years, with a five-year compound annual growth rate of -12.4% (FY2020 to FY2025).
- Going back by year, Goodwill & Intangibles was $3.29 billion in FY2024 (-30.0%), $4.7 billion in FY2023 (-10.4%), $5.25 billion in FY2022 (+13.0%) and $4.64 billion in FY2021 (+45.8%).
- The Q2 2026 figure represents the lowest quarterly Goodwill & Intangibles in data going back to Q3 2009.
- Year-over-year, Goodwill & Intangibles has declined for 11 consecutive quarters, with an average decline of 36.5% over the last eight quarters.
- The fastest year-over-year change in Goodwill & Intangibles over five years came in Q3 2021 (growth of 46.3%), and the weakest in Q2 2026 (a decline of 65.3%).
- Business Quant data shows TDS's Goodwill & Intangibles at $1.64 billion (Q1 2026), $1.64 billion (Q4 2025) and $1.65 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 184.93 Bn | 148.06 Bn | 27.03 Bn |
| 2 | T-Mobile US | 164.38 Bn | 149.12 Bn | 14.76 Bn |
| 3 | Grupo Televisa, S.A.B | 148.28 Bn | 140.01 Bn | 318.12 Mn |
| 4 | At&T | 146.78 Bn | 88.25 Bn | 26.22 Bn |
| 5 | Comcast | 80.32 Bn | 46.11 Bn | - |
| 6 | Vodafone Group Public | 37.70 Bn | 7.09 Bn | - |
| 7 | Chunghwa Telecom | 37.53 Bn | 29.54 Bn | 728.80 Mn |
| 8 | EchoStar | 25.90 Bn | 16.98 Bn | 1.65 Bn |
| 9 | Telefonica Brasil | 20.61 Bn | 14.63 Bn | 1.42 Bn |
| 10 | Telephone & Data Systems | 3.98 Bn | -1.28 Bn | 179.96 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.60 Bn |
| Mar 31, 2026 | 1.64 Bn |
| Dec 31, 2025 | 1.64 Bn |
| Sep 30, 2025 | 1.65 Bn |
| Jun 30, 2025 | 4.59 Bn |
| Mar 31, 2025 | 4.59 Bn |
| Dec 31, 2024 | 3.29 Bn |
| Sep 30, 2024 | 4.59 Bn |
| Jun 30, 2024 | 4.72 Bn |
| Mar 31, 2024 | 4.72 Bn |
| Dec 31, 2023 | 4.70 Bn |
| Sep 30, 2023 | 5.25 Bn |
| Jun 30, 2023 | 5.25 Bn |
| Mar 31, 2023 | 5.25 Bn |
| Dec 31, 2022 | 5.25 Bn |
| Sep 30, 2022 | 5.24 Bn |
| Jun 30, 2022 | 5.23 Bn |
| Mar 31, 2022 | 5.23 Bn |
| Dec 31, 2021 | 4.64 Bn |
| Sep 30, 2021 | 4.66 Bn |
Telephone & Data Systems Goodwill & Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill-and-intangibles&ticker=TDS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "ticker": "TDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill-and-intangibles&ticker=TDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();