Telephone & Data Systems (TDS) Shares Outstanding (2009 - 2026)
Telephone & Data Systems' Shares Outstanding came in at 114.5 million for Q2 2026, down 0.4% from 115 million a year earlier but up 0.5% from the prior quarter.
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Analysis
Telephone & Data Systems (TDS) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Telephone & Data Systems' Shares Outstanding was 115.18 million, up 1.0% from FY2024.
- Shares Outstanding carries a five-year compound annual growth rate of 0.2% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 114 million in FY2024 (+0.9%), 113 million in FY2023 (-0.9%), 114 million in FY2022 (-0.9%) and 115 million in FY2021 (+0.9%).
- The five-year range for quarterly Shares Outstanding is 113 million (Q1 2023) to 116.13 million (Q3 2025).
- Year-over-year, Shares Outstanding increased in six of the last eight quarters, with growth averaging 0.7%.
- The fastest year-over-year change in Shares Outstanding over five years came in Q3 2025 (growth of 1.9%), and the weakest in Q1 2023 (a decline of 1.7%).
- Business Quant data shows TDS's Shares Outstanding at 113.88 million (Q1 2026), 115.18 million (Q4 2025) and 116.13 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 190.70 Bn | 155.11 Bn | 27.03 Bn | 4.17 Bn |
| 2 | T-Mobile US | 175.28 Bn | 160.03 Bn | 14.76 Bn | 1.08 Bn |
| 3 | At&T | 167.47 Bn | 115.42 Bn | 25.82 Bn | 6.94 Bn |
| 4 | Grupo Televisa, S.A.B | 141.87 Bn | 130.50 Bn | 318.12 Mn | 62.70 Bn |
| 5 | Comcast | 76.96 Bn | 41.21 Bn | - | 3.56 Bn |
| 6 | Chunghwa Telecom | 35.31 Bn | 31.16 Bn | 728.80 Mn | 775.70 Mn |
| 7 | EchoStar | 25.94 Bn | 17.08 Bn | 1.65 Bn | 290.14 Mn |
| 8 | AST SpaceMobile | 22.90 Bn | 23.41 Bn | 7.95 Mn | 299.06 Mn |
| 9 | Bce | 18.99 Bn | 17.31 Bn | - | 929.10 Mn |
| 10 | Telephone & Data Systems | 3.91 Bn | -1.12 Bn | 179.96 Mn | 114.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 114.50 Mn |
| Mar 31, 2026 | 113.88 Mn |
| Dec 31, 2025 | 115.18 Mn |
| Sep 30, 2025 | 116.13 Mn |
| Jun 30, 2025 | 115.00 Mn |
| Mar 31, 2025 | 115.00 Mn |
| Dec 31, 2024 | 114.00 Mn |
| Sep 30, 2024 | 114.00 Mn |
| Jun 30, 2024 | 114.00 Mn |
| Mar 31, 2024 | 113.00 Mn |
| Dec 31, 2023 | 113.00 Mn |
| Sep 30, 2023 | 113.00 Mn |
| Jun 30, 2023 | 113.00 Mn |
| Mar 31, 2023 | 113.00 Mn |
| Dec 31, 2022 | 114.00 Mn |
| Sep 30, 2022 | 114.00 Mn |
| Jun 30, 2022 | 115.00 Mn |
| Mar 31, 2022 | 115.00 Mn |
| Dec 31, 2021 | 115.00 Mn |
| Sep 30, 2021 | 115.00 Mn |
API Access
Telephone & Data Systems Shares Outstanding 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=shares-outstanding&ticker=TDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=TDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();