Filing Flows › Telephone & Data Systems (TDS) › Q1 2025
Telephone & Data Systems (TDS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Telephone & Data Systems (TDS) reported revenue of $1.2B for the first quarter 2025 (Q1 2025), -9% from a year earlier and -7% from the quarter before. Operating margin was 3.0%, net earnings $7.0M (0.6% of revenue).
Telephone & Data Systems, Q1 2025: revenue $1.2B (-9% year over year), operating margin 3.0%, net earnings $7.0M, operating cash flow $186M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | -7% | -9% |
| Operating profit | $35.0M | -3% | -48% |
| Net earnings | $7.0M | +19% | -76% |
| Operating cash flow | $186M | -13% | -17% |
| Free cash flow | $56.6M | — | — |
What changed
Revenue was $1.2B in Q1 2025, down 9% year over year and down 7% from the previous quarter.
Operating profit was $0.04B, a 3.0% margin (down 2.3 points year over year). Total costs fell 6% while revenue fell 9%. Net earnings were $0.01B, down 76% year over year. The effective tax rate was 40.1%.
Operating cash flow was $0.19B (down 17% year over year), 1551% of net income including minority interests. Non-cash charges added back $0.23B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.09B. Capital expenditures of $0.13B left free cash flow of $0.06B.
Questions
What was Telephone & Data Systems' revenue in the first quarter 2025?
Telephone & Data Systems (TDS) reported revenue of $1.2B for the first quarter 2025 (Q1 2025), -9% from a year earlier and -7% from the quarter before.
Was Telephone & Data Systems profitable in the first quarter 2025?
Operating profit was $35.0M (3.0% of revenue) and net earnings $7.0M.