Telephone & Data Systems (TDS) Operating Expenses (2009 - 2026)
Telephone & Data Systems' (TDS) quarterly Operating Expenses came in at -$63.9 million in Q2 2026, down 120.57% year-over-year from $310.8 million in Q2 2025, and down 138.6% quarter-over-quarter from $165.6 million in Q1 2026.
Analysis
Telephone & Data Systems (TDS) Operating Expenses (2009 - 2026) Analysis & Trends
Telephone & Data Systems has disclosed Operating Expenses across 18 years of filings, most recently posting -$63.9 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 120.57% year-over-year to -$63.9 million; the TTM figure through Jun 2026 stood at $792.1 million (down 43.05% YoY), while the FY2025 annual figure was $1.3 billion, down 10.93% from the prior year.
- Operating Expenses came in at -$63.9 million for Q2 2026 at Telephone & Data Systems, down from $165.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.4 billion in Q3 2022 to a low of -$1.7 billion in Q4 2023.
- Average Operating Expenses over 5 years is $661.4 million, with a median of $836.1 million recorded in 2024.
- Year-over-year, Operating Expenses plunged 223.03% in 2023 and surged 116.38% in 2024.
- Over 5 years, Operating Expenses stood at $1.4 billion in 2022, then sank by 223.03% to -$1.7 billion in 2023, then surged by 116.38% to $278.5 million in 2024, then increased by 12.72% to $313.9 million in 2025, then tumbled by 120.37% to -$63.9 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were -$63.9 million in Q2 2026, $165.6 million in Q1 2026, and $313.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Comcast | 230.48 Bn | 222.82 Bn | - | 24.78 Bn |
| 2 | Grupo Televisa, S.A.B | 31.11 Bn | 29.27 Bn | 318.12 Mn | -117.85 Mn |
| 3 | Charter Communications | 16.07 Bn | 15.56 Bn | - | 10.46 Bn |
| 4 | Lumen Technologies | 6.88 Bn | 5.01 Bn | 1.39 Bn | 2.89 Bn |
| 5 | Liberty Broadband | 4.49 Bn | 4.45 Bn | - | 10.46 Bn |
| 6 | Telephone & Data Systems | 4.33 Bn | 2.14 Bn | 185.25 Mn | -63.93 Mn |
| 7 | Liberty Global | 3.59 Bn | 1.17 Bn | 796.60 Mn | 1.17 Bn |
| 8 | Uniti | 2.54 Bn | 1.93 Bn | 567.70 Mn | 877.50 Mn |
| 9 | Idt | 1.69 Bn | 1.45 Bn | 122.50 Mn | 92.71 Mn |
| 10 | Liberty Latin America | 1.50 Bn | 1.25 Bn | 652.20 Mn | 921.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -63.93 Mn |
| Mar 31, 2026 | 165.63 Mn |
| Dec 31, 2025 | 313.88 Mn |
| Sep 30, 2025 | 376.50 Mn |
| Jun 30, 2025 | 310.85 Mn |
| Mar 31, 2025 | 324.37 Mn |
| Dec 31, 2024 | 278.47 Mn |
| Sep 30, 2024 | 477.23 Mn |
| Jun 30, 2024 | 1.20 Bn |
| Mar 31, 2024 | 1.20 Bn |
| Dec 31, 2023 | -1.70 Bn |
| Sep 30, 2023 | 1.23 Bn |
| Jun 30, 2023 | 1.23 Bn |
| Mar 31, 2023 | 1.27 Bn |
| Dec 31, 2022 | 1.38 Bn |
| Sep 30, 2022 | 1.40 Bn |
| Jun 30, 2022 | 1.29 Bn |
| Mar 31, 2022 | 1.22 Bn |
| Dec 31, 2021 | 1.35 Bn |
| Sep 30, 2021 | 1.26 Bn |