Telephone and Data Systems Quarterly Balance Sheet
NYSE: TDSTelecommunicationsTelecommunications EquipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Telephone and Data Systems financial position
As of Jun 30, 2026, Telephone and Data Systems reported total assets of $8.38 billion, up 2.6% from a year earlier against total liabilities of $2.98 billion. Shareholders' equity stood at $5.17 billion, or 61.7% of assets. The company held $2.19 billion in cash and equivalents against $680.1 million of debt, a net cash position of $1.51 billion.
The current ratio (current assets divided by current liabilities) was 3.82, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.13.
Summary generated from market data by MetaCap's automated system. Methodology
Telephone and Data Systems balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.19B | 1.37B | 765.95M | 932.99M | 540.00M | 348.00M | 363.61M | 451.00M | 322.00M | 249.00M | 236.00M | 256.00M |
| Receivables | 63.30M | 63.43M | 68.74M | 59.31M | 920.00M | 921.00M | 57.14M | 929.00M | 951.00M | 955.00M | 992.00M | 988.00M |
| Inventory | 3.77M | 3.75M | 4.06M | 4.04M | 130.00M | 182.00M | 4.05M | 167.00M | 148.00M | 184.00M | 208.00M | 181.00M |
| Total Current Assets | 2.35B | 1.52B | 923.47M | 1.08B | 1.79B | 1.67B | 1.70B | 1.75B | 1.64B | 1.63B | 1.66B | 1.68B |
| Property, Plant & Equipment | 3.12B | 3.03B | 2.97B | 2.88B | 4.81B | 4.87B | 2.88B | 4.99B | 4.99B | 5.05B | 5.06B | 5.00B |
| Goodwill | — | — | — | — | — | — | — | — | — | — | 0 | 547.00M |
| Intangible Assets | 117.11M | 124.39M | 131.67M | 138.96M | 146.00M | 154.00M | 160.80M | 168.00M | 173.00M | 178.00M | 183.00M | 188.00M |
| Total Assets | 8.38B | 8.21B | 8.40B | 8.53B | 8.17B | 8.04B | 13.68B | 13.73B | 13.87B | 13.87B | 8.14B | 14.41B |
| Accounts Payable | 130.31M | 97.07M | 115.82M | 121.00M | 268.00M | 247.00M | 74.87M | 334.00M | 327.00M | 302.00M | 360.00M | 550.00M |
| Short-Term Debt | 9.44M | 7.51M | 5.27M | 3.19M | 37.00M | 35.00M | 31.13M | 29.00M | 29.00M | 26.00M | 26.00M | 24.00M |
| Total Current Liabilities | 615.64M | 443.68M | 440.31M | 571.36M | 1.00B | 960.00M | 1.09B | 1.10B | 1.09B | 1.03B | 1.18B | 1.33B |
| Long-Term Debt | 670.65M | 672.70M | 823.36M | 825.31M | 4.03B | 4.04B | 2.42B | 4.10B | 4.10B | 4.16B | 4.08B | 3.84B |
| Total Liabilities | 2.98B | 2.95B | 3.13B | 3.25B | 7.71B | 7.68B | 7.81B | 7.85B | 7.89B | 7.86B | 7.93B | 7.90B |
| Shareholders' Equity | 5.17B | 4.92B | 4.80B | 4.47B | 5.00B | 5.08B | 5.09B | 5.08B | 5.15B | 5.20B | 5.20B | 5.73B |
| Retained Earnings | 2.02B | 1.81B | 1.69B | 1.30B | 1.76B | 1.82B | 1.85B | 1.86B | 1.96B | 2.01B | 2.02B | 2.57B |
| Total Debt | 680.09M | 680.22M | 828.64M | 828.50M | 4.07B | 4.08B | 2.45B | 4.13B | 4.13B | 4.19B | 4.11B | 3.86B |
| Net Cash (Debt) | 1.51B | 686.39M | -62.69M | 104.50M | -3.53B | -3.73B | -2.08B | -3.67B | -3.81B | -3.94B | -3.87B | -3.61B |
| Shares Outstanding | 115.12M | 113.85M | 113.78M | 115.54M | 115.00M | 114.00M | 114.34M | 113.00M | 113.00M | 113.00M | 113.00M | 113.00M |
This table shows 12 quarterly periods of Telephone and Data Systems's balance sheet, from Q2 2026 back to Q3 2023, across 20 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow TDS's reporting calendar. What is a balance sheet?