Telephone & Data Systems (TDS) Gross Margin (2009 - 2026)
Telephone & Data Systems (TDS) posted Gross Margin of 68.6% for Q1 2026, up 431.94% sequentially from 20.67% in Q4 2025, and down 3140.0% YoY from 2.26% in Q1 2025.
Telephone & Data Systems (TDS) Gross Margin (2009 - 2026) Analysis & Trends
Telephone & Data Systems has reported Gross Margin for 18 years, with the latest figure at 68.6% in Q1 2026.
- Quarterly Gross Margin fell 3140.0% year-over-year to 68.6% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 67.52% (up 61.0% YoY) and the FY2025 annual result came in at 67.46%, down 171.0% from the prior year.
- Gross Margin grew to 68.6% in Q1 2026 per TDS's latest filing, from 20.67% in the prior quarter.
- Over five years, Gross Margin peaked at 100.0% in Q2 2023 and troughed at 35.37% in Q4 2024.
- A 5-year average of 71.46% and a median of 83.39% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin jumped 6619 bps in 2023, then plunged 13464 bps in 2024.
- Over 5 years, Gross Margin stood at 33.09% in 2022, then soared by 200 bps to 99.27% in 2023, then tumbled by 136 bps to 35.37% in 2024, then jumped by 42 bps to 20.67% in 2025, then soared by 432 bps to 68.6% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 68.6%, 20.67%, and 99.94% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | 77.82% |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | 38.75% |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | 80.02% |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | 37.54% |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | 46.08% |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | - |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | 43.49% |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | 44.91% |
| 10 | Telephone & Data Systems | 3.88 Bn | 1.68 Bn | 185.25 Mn | 59.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 59.90% |
| Mar 31, 2026 | 68.60% |
| Dec 31, 2025 | -20.67% |
| Sep 30, 2025 | 99.94% |
| Jun 30, 2025 | 83.39% |
| Mar 31, 2025 | 100.00% |
| Dec 31, 2024 | -35.37% |
| Sep 30, 2024 | 69.13% |
| Jun 30, 2024 | 82.96% |
| Mar 31, 2024 | 82.88% |
| Dec 31, 2023 | 99.27% |
| Sep 30, 2023 | 82.16% |
| Jun 30, 2023 | 100.00% |
| Mar 31, 2023 | 86.03% |
| Dec 31, 2022 | 33.09% |
| Sep 30, 2022 | 98.35% |
| Jun 30, 2022 | 92.36% |
| Mar 31, 2022 | 92.70% |
| Dec 31, 2021 | 143.22% |
| Sep 30, 2021 | 75.38% |