TELEPHONE AND DATA SYSTEMS, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.23B | $1.30B | $1.36B | $5.41B | $5.33B | $5.23B | $5.18B | $5.11B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $435.1M | $486.7M | $488.8M | $1.77B | $1.68B | $1.68B | $1.72B | $1.69B |
| Operating Income | $-97.4M | $-191.3M | $-682.6M | $122.0M | $261.0M | $259.0M | $179.0M | $205.0M |
| Operating Margin | -7.9% | -14.7% | -50.4% | 2.3% | 4.9% | 5.0% | 3.5% | 4.0% |
| Interest Expense | $112.7M | $108.6M | $62.2M | $174.0M | $232.0M | $168.0M | $165.0M | $172.0M |
| Pretax Income | $89.0M | $-103.4M | $-563.5M | $125.0M | $221.0M | $288.0M | $211.0M | $221.0M |
| Income Tax Expense | $-62.2M | $-22.1M | $-15.8M | $53.0M | $33.0M | $19.0M | $64.0M | $46.0M |
| Net Income | $-6.2M | $-27.7M | $-500.0M | $62.0M | $156.0M | $226.0M | $121.0M | $135.0M |
| Net Margin | -0.5% | -2.1% | -36.9% | 1.1% | 2.9% | 4.3% | 2.3% | 2.6% |
| EPS (Basic) | $-0.66 | $-0.85 | $-5.05 | $-0.07 | $1.03 | $1.97 | $1.06 | $1.20 |
| EPS (Diluted) | $-0.65 | $-0.85 | $-5.05 | $-0.07 | $1.00 | $1.93 | $1.03 | $1.17 |
| Shares Outstanding (Basic) | 115.2M | 113.7M | 112.8M | 114.0M | 115.0M | 114.0M | 114.0M | 112.0M |
| Shares Outstanding (Diluted) | 118.6M | 113.7M | 112.8M | 114.0M | 116.0M | 115.0M | 116.0M | 114.0M |
| Dividends Per Share | $0.16 | $0.31 | $0.74 | $0.72 | $0.70 | $0.68 | $0.66 | $0.64 |