Telephone & Data Systems (TDS) Operating Leases (2019 - 2026)
Telephone & Data Systems (TDS) recorded Operating Leases of $541.27 million in Q2 2026, down 37.6% from $867 million a year earlier and down 1.3% from the prior quarter.
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Analysis
Telephone & Data Systems (TDS) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Telephone & Data Systems reported Operating Leases of $549.62 million, up 1.6% from FY2024.
- Annual Operating Leases has a five-year compound annual growth rate of -10.2% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $540.9 million in FY2024 (-39.2%), $890 million in FY2023 (-2.0%), $908 million in FY2022 (-5.4%) and $960 million in FY2021 (+2.1%).
- The Q2 2026 figure is the lowest quarterly Operating Leases since Q4 2024.
- On a year-over-year basis, Operating Leases rose in 1 of the last eight quarters, with an average decline of 19.2%.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 2.1% in Q4 2021, against a decline of 39.2% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $548.42 million (Q1 2026), $549.62 million (Q4 2025) and $555.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 186.87 Bn | 150.00 Bn | 27.03 Bn |
| 2 | T-Mobile US | 173.36 Bn | 158.11 Bn | 14.76 Bn |
| 3 | At&T | 163.32 Bn | 95.28 Bn | 25.82 Bn |
| 4 | Grupo Televisa, S.A.B | 152.98 Bn | 144.71 Bn | 318.12 Mn |
| 5 | Comcast | 79.28 Bn | 43.35 Bn | - |
| 6 | Vodafone Group Public | 38.39 Bn | 7.79 Bn | - |
| 7 | Chunghwa Telecom | 36.76 Bn | 28.78 Bn | 728.80 Mn |
| 8 | EchoStar | 24.77 Bn | 15.86 Bn | 1.65 Bn |
| 9 | Telefonica Brasil | 20.65 Bn | 14.67 Bn | 1.42 Bn |
| 10 | Telephone & Data Systems | 3.87 Bn | -1.39 Bn | 179.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 541.27 Mn |
| Mar 31, 2026 | 548.42 Mn |
| Dec 31, 2025 | 549.62 Mn |
| Sep 30, 2025 | 555.10 Mn |
| Jun 30, 2025 | 867.00 Mn |
| Mar 31, 2025 | 867.00 Mn |
| Dec 31, 2024 | 540.90 Mn |
| Sep 30, 2024 | 862.00 Mn |
| Jun 30, 2024 | 873.00 Mn |
| Mar 31, 2024 | 883.00 Mn |
| Dec 31, 2023 | 890.00 Mn |
| Sep 30, 2023 | 896.00 Mn |
| Jun 30, 2023 | 900.00 Mn |
| Mar 31, 2023 | 900.00 Mn |
| Dec 31, 2022 | 908.00 Mn |
| Sep 30, 2022 | 926.00 Mn |
| Jun 30, 2022 | 940.00 Mn |
| Mar 31, 2022 | 951.00 Mn |
| Dec 31, 2021 | 960.00 Mn |
| Sep 30, 2021 | 947.00 Mn |
API Access
Telephone & Data Systems Operating Leases 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=operating-leases&ticker=TDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=TDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();