Filing Flows › Telephone & Data Systems (TDS) › Operating margin
Telephone & Data Systems (TDS) operating margin by quarter
Telephone & Data Systems' operating margin was 120.7% in Q2 2026 (second quarter 2026), +74.2 pts from Q1 2026. Over the last 5 quarters it ranged from 3.0% (Q1 2025) to 120.7% (Q2 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | 120.7% | +74.2 pts | +117.3 pts |
| Q1 2026 | 46.5% | +41.4 pts | +43.4 pts |
| Q4 2025 | 5.1% | +1.7 pts | — |
| Q2 2025 | 3.4% | +0.3 pts | — |
| Q1 2025 | 3.0% | — | — |
Q2 2026 at a glance
Telephone & Data Systems, Q2 2026: revenue $309M (+4% year over year), operating margin 120.7%, net earnings $298M, operating cash flow $55.6M. The chart follows the revenue to costs, profit and cash.
Questions
What is Telephone & Data Systems' operating margin?
Telephone & Data Systems' operating margin was 120.7% in Q2 2026 (second quarter 2026), +74.2 pts from Q1 2026.
How has Telephone & Data Systems' operating margin changed?
Over the last 5 quarters it ranged from 3.0% (Q1 2025) to 120.7% (Q2 2026).
Q2 2026 results → · How Telephone & Data Systems makes money →