Filing Flows › Telephone & Data Systems (TDS) › How it makes money
How Telephone & Data Systems (TDS) makes money
Telephone & Data Systems (TDS) made $307M of revenue in the third quarter 2026 (Q3 2026), -0.6% from a year earlier. Service brought in $249M (81%); Site rental brought in $52.5M (17%); Equipment and product sales brought in $5.7M (2%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Service | $249M | 81.0% | -0.3% | -3% |
| Site rental | $52.5M | 17.1% | -1% | +14% |
| Equipment and product sales | $5.7M | 1.9% | -18% | -16% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $307M | 100.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $307M | -0.6% |
| Q2 2026 | $309M | +4% |
| Q1 2026 | $309M | +6% |
| Q4 2025 | $331M | +12% |
| Q3 2025 | $309M | -6% |
| Q2 2025 | $1.2B | -4% |
| Q1 2025 | $1.2B | -9% |
From Telephone & Data Systems' 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does Telephone & Data Systems make money?
Telephone & Data Systems (TDS) made $307M of revenue in the third quarter 2026 (Q3 2026), -0.6% from a year earlier. Service brought in $249M (81%); Site rental brought in $52.5M (17%); Equipment and product sales brought in $5.7M (2%).
What is Telephone & Data Systems' biggest business?
Service: $249M in the third quarter 2026, 81% of revenue, -3% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.