Financial insights of TDS

MyFinsight

For the quarter ending 2025-09-30.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2024-09-30	2024-06-30
Total operating revenues	-	1,186	1,224	1,238
(gain) loss on asset disposals, net	-	-9	-6	-9
Cost of goods and services	-	-	516	523
Depreciation, amortization and accretion	-	236	238	233
Loss on impairment of licenses	-	-	136	-
Selling, general and administrative	-	421	422	426
(gain) loss on sale of business and other exit costs, net	-	8	12	-
(gain) loss on license sales and exchanges, net	-	4	2	-8
Cost of goods and services-Service	-	279	-	-
Cost of goods and services-Product	-	213	-	-
Total operating expenses	-	1,146	1,304	1,199
Operating income	-	40	-80	39
Other, net	-	2	1	1
Interest and dividend income	-	6	8	7
Interest expense	-	70	76	73
Equity in earnings of unconsolidated entities	-	43	43	39
Total other expense	-	-19	-24	-26
Income before income taxes	-	21	-104	13
Income tax expense	-	3	-25	6
Net income (loss)	-73.118	18	-79	7
Less net income from continuing operations attributable to noncontrolling interests, net of tax	8.632	6	-13	4
Net income (loss) attributable to tds shareholders	-81.75	12	-66	3
Tds preferred share dividends	17.306	17	17	17
Net income (loss) attributable to tds common shareholders	-99.056	-5	-83	-14

Basic earnings (loss) per share attributable to tds common shareholders	-0.85	-0.05	-0.73	-0.13
Basic weighted average shares outstanding (in shares)	116,126,000	115,000,000	114,000,000	114,000,000
Diluted earnings (loss) per share attributable to tds common shareholders	-0.84	-0.05	-0.73	-0.13
Diluted weighted average shares outstanding (in shares)	118,844,000	115,000,000	114,000,000	114,000,000