TELEPHONE & DATA SYSTEMS INC /DE/
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 7, 2025
TDS$32.87+1.6%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statement of Changes in Equity
| TDS Shareholders | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Series ACommon andCommonshares | Capital inexcess ofpar value | Preferred Shares | Treasuryshares | Accumulatedothercomprehensiveincome | Retainedearnings | Total TDSshareholders'equity | Noncontrollinginterests | Total equity | |
| (Dollars in thousands, except per share amounts) | |||||||||
| June 30, 2025 | $1,332 | $2,535,934 | $1,073,963 | $(389,466) | $17,595 | $1,764,795 | $5,004,153 | $811,084 | $5,815,237 |
| Net income (loss) attributable to TDS shareholders | — | — | — | — | — | (81,750) | (81,750) | — | (81,750) |
| Net income attributable to noncontrolling interests classified as equity | — | — | — | — | — | — | — | 8,379 | 8,379 |
| Other comprehensive income | — | — | — | — | (321) | — | (321) | — | (321) |
| TDS Common and Series A Common share dividends ($0.04 per share) | — | — | — | — | — | (4,665) | (4,665) | — | (4,665) |
| Array dividends paid to noncontrolling public shareholders ($23.00 per share) | — | — | — | — | — | (358,579) | (358,579) | — | (358,579) |
| TDS Preferred share dividends ($414 per Series UU share and $375 per Series VV share) | — | — | — | — | — | (17,306) | (17,306) | — | (17,306) |
| Repurchase of Common Shares | — | — | — | (40,697) | — | — | (40,697) | — | (40,697) |
| Dividend reinvestment plan | — | 59 | — | 48 | — | — | 107 | — | 107 |
| Incentive and compensation plans | — | 4,729 | — | 24,626 | — | (1,444) | 27,911 | — | 27,911 |
| Adjust investment in subsidiaries for issuances and other compensation plans | — | (61,806) | — | — | — | — | (61,806) | 17,205 | (44,601) |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | (18,740) | (18,740) |
| September 30, 2025 | $1,332 | $2,478,916 | $1,073,963 | $(405,489) | $17,274 | $1,301,051 | $4,467,047 | $817,928 | $5,284,975 |
| TDS Shareholders | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Series ACommon andCommonshares | Capital inexcess ofpar value | Preferred Shares | Treasuryshares | Accumulatedothercomprehensiveincome | Retainedearnings | Total TDSshareholders'equity | Noncontrollinginterests | Total equity | |
| (Dollars in thousands, except per share amounts) | |||||||||
| June 30, 2024 | $1,332 | $2,541,199 | $1,073,963 | $(436,764) | $10,911 | $1,956,994 | $5,147,635 | $834,522 | $5,982,157 |
| Net income (loss) attributable to TDS shareholders | — | — | — | — | — | (65,738) | (65,738) | — | (65,738) |
| Net income (loss) attributable to noncontrolling interests classified as equity | — | — | — | — | — | — | — | (12,801) | (12,801) |
| Other comprehensive income (loss) | — | — | — | — | (171) | — | (171) | — | (171) |
| TDS Common and Series A Common share dividends ($0.04 per share) | — | — | — | — | — | (4,561) | (4,561) | — | (4,561) |
| TDS Preferred share dividends ($414 per Series UU share and $375 per Series VV share) | — | — | — | — | — | (17,306) | (17,306) | — | (17,306) |
| Dividend reinvestment plan | — | 75 | — | 135 | — | (36) | 174 | — | 174 |
| Incentive and compensation plans | — | 5,743 | — | 3,588 | — | (4,143) | 5,188 | — | 5,188 |
| Adjust investment in subsidiaries for repurchases, issuances and other compensation plans | — | 9,298 | — | — | — | — | 9,298 | (22,397) | (13,099) |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | (1,315) | (1,315) |
| September 30, 2024 | $1,332 | $2,556,315 | $1,073,963 | $(433,041) | $10,740 | $1,865,210 | $5,074,519 | $798,009 | $5,872,528 |
| TDS Shareholders | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Series ACommon andCommonshares | Capital inexcess ofpar value | Preferred Shares | Treasuryshares | Accumulatedothercomprehensiveincome | Retainedearnings | Total TDSshareholders'equity | Noncontrollinginterests | Total equity | |
| (Dollars in thousands, except per share amounts) | |||||||||
| December 31, 2024 | $1,332 | $2,574,042 | $1,073,963 | $(425,342) | $18,238 | $1,849,009 | $5,091,242 | $776,770 | $5,868,012 |
| Net income (loss) attributable to TDS shareholders | — | — | — | — | — | (62,708) | (62,708) | — | (62,708) |
| Net income attributable to noncontrolling interests classified as equity | — | — | — | — | — | — | — | 18,499 | 18,499 |
| Other comprehensive income (loss) | — | — | — | — | (964) | — | (964) | — | (964) |
| TDS Common and Series A Common share dividends ($0.12 per share) | — | — | — | — | — | (13,883) | (13,883) | — | (13,883) |
| Array dividends paid to noncontrolling public shareholders ($23.00 per share) | — | — | — | — | — | (358,579) | (358,579) | — | (358,579) |
| TDS Preferred share dividends ($1,242 per Series UU share and $1,125 per Series VV share) | — | — | — | — | — | (51,919) | (51,919) | — | (51,919) |
| Repurchase of Common Shares | — | — | — | (40,697) | — | — | (40,697) | — | (40,697) |
| Dividend reinvestment plan | — | 247 | — | 207 | — | — | 454 | — | 454 |
| Incentive and compensation plans | — | 19,858 | — | 60,343 | — | (60,869) | 19,332 | — | 19,332 |
| Adjust investment in subsidiaries for issuances and other compensation plans | — | (115,231) | — | — | — | — | (115,231) | 43,791 | (71,440) |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | (21,132) | (21,132) |
| September 30, 2025 | $1,332 | $2,478,916 | $1,073,963 | $(405,489) | $17,274 | $1,301,051 | $4,467,047 | $817,928 | $5,284,975 |
| TDS Shareholders | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Series ACommon andCommonshares | Capital inexcess ofpar value | Preferred Shares | Treasuryshares | Accumulatedothercomprehensiveincome | Retainedearnings | Total TDSshareholders'equity | Noncontrollinginterests | Total equity | |
| (Dollars in thousands, except per share amounts) | |||||||||
| December 31, 2023 | $1,332 | $2,557,139 | $1,073,963 | $(464,648) | $11,253 | $2,022,959 | $5,201,998 | $793,767 | $5,995,765 |
| Net income (loss) attributable to TDS shareholders | — | — | — | — | — | (33,567) | (33,567) | — | (33,567) |
| Net income (loss) attributable to noncontrolling interests classified as equity | — | — | — | — | — | — | — | (4,791) | (4,791) |
| Other comprehensive income (loss) | — | — | — | — | (513) | — | (513) | — | (513) |
| TDS Common and Series A Common share dividends ($0.27 per share) | — | — | — | — | — | (30,584) | (30,584) | — | (30,584) |
| TDS Preferred share dividends ($1,242 per Series UU share and $1,125 per Series VV share) | — | — | — | — | — | (51,919) | (51,919) | — | (51,919) |
| Dividend reinvestment plan | — | 466 | — | 911 | — | (360) | 1,017 | — | 1,017 |
| Incentive and compensation plans | — | 10,658 | — | 30,696 | — | (41,319) | 35 | — | 35 |
| Adjust investment in subsidiaries for issuances and other compensation plans | — | (11,948) | — | — | — | — | (11,948) | 11,977 | 29 |
| Distributions to noncontrolling interests | — | — | — | — | — | — | — | (2,944) | (2,944) |
| September 30, 2024 | $1,332 | $2,556,315 | $1,073,963 | $(433,041) | $10,740 | $1,865,210 | $5,074,519 | $798,009 | $5,872,528 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.