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Telephone & Data Systems vs iQSTEL: TDS and IQST compared
Telephone & Data Systems is the larger company: $307M of revenue in its latest quarter (Q3 2026) against $109M for iQSTEL (Q2 2026). iQSTEL is growing faster (+51% against -0.6% a year earlier). iQSTEL is more profitable, with an operating margin of -1.0% against -9.8%.
Where the money goes: TDS and IQST
Telephone & Data Systems (TDS) · Q3 2026
Telephone & Data Systems, Q3 2026: revenue $307M (-0.6% year over year), operating margin -9.8%, net earnings $58.7M, operating cash flow −$108M. The chart follows the revenue to costs, profit and cash.
iQSTEL (IQST) · Q2 2026
iQSTEL, Q2 2026: revenue $109M (+51% year over year), operating margin -1.0%, net loss $2.4M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.
| Telephone & Data Systems (TDS) | iQSTEL (IQST) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $307M | $109M |
| Revenue growth, Y/Y | -0.6% | +51% |
| Operating margin | -9.8% | -1.0% |
| Net earnings | $58.7M | −$2.4M |
| Net margin | 19.1% | -2.2% |
| Operating cash flow | −$108M | −$1.5M |
| Market value | $3.9B | — |
| P/E | 5.9× | — |
| Analysts’ mean target | $47.50 | — |
Where the revenue comes from
Telephone & Data Systems
- Service: $249M (81%)
- Site rental: $52.5M (17%)
- Equipment and product sales: $5.7M (2%)
iQSTEL
- U S A: $73.5M (67%)
- United Kingdom: $35.1M (32%)
Questions
Which is bigger, Telephone & Data Systems or iQSTEL?
Telephone & Data Systems is the larger company: $307M of revenue in its latest quarter (Q3 2026) against $109M for iQSTEL (Q2 2026).
Is Telephone & Data Systems or iQSTEL growing faster?
iQSTEL is growing faster (+51% against -0.6% a year earlier).
Which is more profitable, Telephone & Data Systems or iQSTEL?
iQSTEL is more profitable, with an operating margin of -1.0% against -9.8%.
More: Telephone & Data Systems earnings · how Telephone & Data Systems makes money · iQSTEL earnings · how iQSTEL makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 6, 2026; 10-Q filed Aug 18, 2026). Fiscal quarters can end on different dates. Not investment advice.