Telephone & Data Systems (TDS) Net Margin (2009 - 2026)
Telephone & Data Systems (TDS) reported Net Margin of 90.88% for Q2 2026, up 92.80 percentage points from -1.92% a year earlier and up 49.74 percentage points from the prior quarter.
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Analysis
Telephone & Data Systems (TDS) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Telephone & Data Systems' Net Margin came in at 27.70%, up 36.78 percentage points year-over-year; for FY2025, it was -6.14%, up 1.33 percentage points from FY2024.
- Net Margin has a five-year change of -10.47 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at -7.47% in FY2024 (+34.53 pp), -42.01% in FY2023 (-41.88 pp), -0.13% in FY2022 (-2.32 pp) and 2.20% in FY2021 (-2.13 pp).
- The Q2 2026 figure ranks as the highest quarterly Net Margin in data going back to Q2 2009.
- Year over year, Net Margin has now increased in each of the last three quarters, with an average year-over-year change of +16.73 percentage points over the last seven quarters.
- The high point for year-over-year Net Margin in five years was Q2 2026 (a gain of 92.80 percentage points); the low point was Q3 2024 (a drop of 24.03 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 41.13% (Q1 2026), 11.84% (Q4 2025) and -32.11% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 192.46 Bn | 158.80 Bn | 27.05 Bn | 15.15% |
| 2 | T-Mobile US | 180.34 Bn | 162.78 Bn | 15.13 Bn | 14.65% |
| 3 | At&T | 148.15 Bn | 89.61 Bn | 26.22 Bn | 2.65% |
| 4 | Grupo Televisa, S.A.B | 145.14 Bn | 145.14 Bn | 960.50 Mn | 10.07% |
| 5 | Comcast | 86.88 Bn | 52.67 Bn | - | 11.77% |
| 6 | Chunghwa Telecom | 37.87 Bn | 29.88 Bn | 728.80 Mn | 18.36% |
| 7 | Vodafone Group Public | 37.60 Bn | 7.00 Bn | - | - |
| 8 | EchoStar | 29.01 Bn | 10.04 Bn | 647.20 Mn | 246.74% |
| 9 | Bce | 19.96 Bn | 17.96 Bn | 2.79 Bn | 10.19% |
| 10 | Telephone & Data Systems | 3.81 Bn | -1.45 Bn | 179.96 Mn | 90.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 90.88% |
| Mar 31, 2026 | 41.13% |
| Dec 31, 2025 | 11.84% |
| Sep 30, 2025 | -32.11% |
| Jun 30, 2025 | -1.92% |
| Mar 31, 2025 | -3.39% |
| Dec 31, 2024 | -3.87% |
| Sep 30, 2024 | -25.36% |
| Jun 30, 2024 | -1.13% |
| Mar 31, 2024 | 0.95% |
| Sep 30, 2023 | -1.33% |
| Jun 30, 2023 | -1.50% |
| Mar 31, 2023 | -0.69% |
| Dec 31, 2022 | -3.10% |
| Sep 30, 2022 | -1.80% |
| Jun 30, 2022 | 1.33% |
| Mar 31, 2022 | 3.35% |
| Dec 31, 2021 | 0.87% |
| Sep 30, 2021 | 2.11% |
| Jun 30, 2021 | 1.53% |
API Access
Telephone & Data Systems Net Margin 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=net-margin&ticker=TDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=TDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();