Telephone & Data Systems (TDS) Shares Outstanding (Diluted) (2009 - 2026)
Telephone & Data Systems (TDS) posted Shares Outstanding (Diluted) of 116.29 million for Q2 2026, up 1.1% from 115 million a year earlier but down 0.3% from the prior quarter.
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Analysis
Telephone & Data Systems (TDS) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Telephone & Data Systems' Shares Outstanding (Diluted) came in at 118.56 million, up 4.0% from FY2024.
- Annual Shares Outstanding (Diluted) shows a five-year compound annual growth rate of 0.6% (FY2020 to FY2025).
- In prior years, Telephone & Data Systems' Shares Outstanding (Diluted) was 114 million in FY2024 (+0.9%), 113 million in FY2023 (-0.9%), 114 million in FY2022 (-1.7%) and 116 million in FY2021 (+0.9%).
- Quarterly Shares Outstanding (Diluted) has run from a low of 113 million in Q1 2023 to a high of 118.84 million in Q3 2025 over five years.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased in each of the last five quarters, with growth averaging 1.5% over the last eight quarters.
- The strongest year-over-year quarter for Shares Outstanding (Diluted) in the past five years was Q3 2025, with growth of 4.2%; the weakest was Q1 2023, with a decline of 2.6%.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 116.65 million (Q1 2026), 118.56 million (Q4 2025) and 118.84 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 192.46 Bn | 158.80 Bn | 27.05 Bn | 4.17 Bn |
| 2 | T-Mobile US | 180.34 Bn | 162.78 Bn | 15.13 Bn | 1.07 Bn |
| 3 | At&T | 148.15 Bn | 89.61 Bn | 26.22 Bn | 6.84 Bn |
| 4 | Grupo Televisa, S.A.B | 145.14 Bn | 145.14 Bn | 960.50 Mn | 68.12 Bn |
| 5 | Comcast | 86.88 Bn | 52.67 Bn | - | 3.56 Bn |
| 6 | Chunghwa Telecom | 37.87 Bn | 29.88 Bn | 728.80 Mn | 777.60 Mn |
| 7 | Vodafone Group Public | 37.60 Bn | 7.00 Bn | - | 2.40 Bn |
| 8 | EchoStar | 29.01 Bn | 10.04 Bn | 647.20 Mn | 351.19 Mn |
| 9 | Bce | 19.96 Bn | 17.96 Bn | 2.79 Bn | 929.10 Mn |
| 10 | Telephone & Data Systems | 3.81 Bn | -1.45 Bn | 179.96 Mn | 116.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 116.29 Mn |
| Mar 31, 2026 | 116.65 Mn |
| Dec 31, 2025 | 118.56 Mn |
| Sep 30, 2025 | 118.84 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 | 117.00 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 | 116.00 Mn |
| Mar 31, 2022 | 116.00 Mn |
| Dec 31, 2021 | 116.00 Mn |
| Sep 30, 2021 | 116.00 Mn |
API Access
Telephone & Data Systems Shares Outstanding (Diluted) 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-diluted&ticker=TDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=TDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();