Telephone & Data Systems (TDS) Gross Margin (2009 - 2026)

Telephone & Data Systems' (TDS) quarterly Gross Margin came in at 93.02% in Q1 2026, down 689.0% year-on-year from 15.79% in Q1 2025, and down 11.49% quarter-over-quarter from 105.09% in Q4 2025.

Telephone & Data Systems (TDS) Gross Margin (2009 - 2026) Analysis & Trends

Telephone & Data Systems has disclosed Gross Margin across 18 years of filings, most recently posting 93.02% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 93.02%, down 689.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 99.78% (up 2062.0% YoY), and the FY2025 annual result was 99.94%, up 3077.0% from the prior year.
  • Gross Margin came in at 93.02% for Q1 2026 at Telephone & Data Systems, down from 105.09% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 168.98% in Q4 2022 to a low of 17.49% in Q4 2024.
  • The 5-year median for Gross Margin is 93.02% (2026), against an average of 88.42%.
  • Across the five-year window, Gross Margin sank 9738 bps in 2023 and surged 12257 bps in 2025, its largest moves.
  • Telephone & Data Systems' Gross Margin stood at 168.98% in 2022, then tumbled by 58 bps to 71.6% in 2023, then plunged by 124 bps to 17.49% in 2024, then jumped by 701 bps to 105.09% in 2025, then slipped by 11 bps to 93.02% in 2026.
  • The last three Gross Margin figures came in at 93.02% (Q1 2026), 105.09% (Q4 2025), and 100.0% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 76.25%
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 81.11%
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 80.13%
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn 44.91%
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 75.12%
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 37.92%
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -
9 Veon 82.81 Bn 80.59 Bn - -
10 Telephone & Data Systems 4.46 Bn 3.43 Bn 287.84 Mn 93.02%

Historic Data

Download Data
DateValue
Mar 31, 2026 93.02%
Dec 31, 2025 105.09%
Sep 30, 2025 100.00%
Jun 30, 2025 100.00%
Mar 31, 2025 99.91%
Dec 31, 2024 -17.49%
Sep 30, 2024 69.13%
Jun 30, 2024 100.00%
Mar 31, 2024 82.88%
Dec 31, 2023 71.60%
Sep 30, 2023 85.52%
Jun 30, 2023 83.98%
Mar 31, 2023 100.00%
Dec 31, 2022 168.98%
Sep 30, 2022 74.57%
Jun 30, 2022 100.00%
Mar 31, 2022 85.93%
Dec 31, 2021 99.93%
Sep 30, 2021 81.02%
Jun 30, 2021 98.55%