Telephone and Data Systems, Inc. (TDS) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 67.46M | 19.58M | -34.69M | 421M | 186M | 212M | 307M | 402M | 224M | 219M | 409M | 468M | 46M | 254M | 167M | 353M | 381M | 240M | 382M | 316M |
| Operating CF Margin % | 21.8% | 5.92% | -11.24% | 35.5% | 16.12% | 17.1% | 25.08% | 32.47% | 17.75% | 16.69% | 32% | 36.94% | 3.53% | 18.72% | 12% | 26.17% | 28.97% | 17.49% | 28.77% | 24.1% |
| Operating CF Growth % | -63.73% | -90.77% | -111.3% | 4.73% | -16.96% | -3.2% | -24.94% | -14.1% | 386.96% | -13.78% | 144.91% | 32.58% | -87.93% | 5.83% | -56.28% | 11.71% | 130.91% | -34.43% | 6.11% | -28.02% |
| Net Income | 146.98M | 55.23M | 57.55M | 18M | 12M | 8M | -79M | 7M | 38M | -506M | 4M | 0 | 12M | -29M | -10M | 39M | 72M | 36M | 47M | 27M |
| Depreciation & Amortization | 85.94M | 89.79M | 91.75M | 238M | 234M | 239M | 237M | 233M | 234M | 234M | 225M | 224M | 232M | 238M | 235M | 227M | 229M | 225M | 213M | 234M |
| Stock-Based Compensation | 0 | 0 | 0 | 16M | 28M | 23M | 19M | 15M | 14M | 0 | 13M | 11M | 3M | 10M | 9M | 11M | 12M | 14M | 11M | 0 |
| Deferred Taxes | -38.83M | 14.3M | -82.49M | -5M | 7M | 18M | -31M | 2M | 14M | -30M | 16M | 13M | 9M | -1M | -4M | 23M | 29M | -3M | 15M | 13M |
| Other Non-Cash Items | -131.64M | -39.09M | 37.27M | 59M | -1M | 12M | 133M | 59M | 18M | 621M | 9M | 53M | 16M | 66M | 31M | 65M | 1M | 71M | 16M | 84M |
| Working Capital Changes | 5M | -100.64M | -138.76M | 95M | -94M | -88M | 28M | 86M | -94M | -100M | 142M | 167M | -226M | -30M | -94M | -12M | 38M | -103M | 80M | -42M |
| Change in Receivables | 2.79M | -16.17M | -23.02M | -24M | 39M | -92M | 34M | -18M | 29M | -49M | 5M | 3M | 22M | -10M | -34M | -64M | 14M | -48M | -11M | 6M |
| Change in Inventory | 316K | -24K | -51.99M | 52M | 0 | -17M | -17M | 30M | 24M | -26M | 35M | 52M | 0 | -16M | -39M | -30M | -5M | -37M | 47M | -43M |
| Change in Payables | -7.88M | -39.05M | 30.23M | 16M | -17M | -43M | 17M | 21M | -35M | -63M | 88M | 38M | -162M | 16M | 22M | 54M | -60M | -13M | 50M | 9M |
| Cash from Investing | 867.83M | -84.62M | 2.49B | -141M | -123M | -174M | -115M | -219M | -246M | -405M | -293M | -295M | -334M | -375M | -286M | -274M | -848M | -456M | -291M | -235M |
| Capital Expenditures | 867.83M | -132.65M | 2.49B | -157M | -129M | -229M | -204M | -216M | -235M | -411M | -293M | -298M | -336M | -375M | -285M | -255M | -839M | -405M | -293M | -240M |
| CapEx % of Revenue | 280.44% | 40.11% | 807.96% | 13.24% | 11.18% | 18.47% | 16.67% | 17.45% | 18.62% | 31.33% | 22.93% | 23.52% | 25.79% | 27.63% | 20.47% | 18.9% | 63.8% | 29.52% | 22.06% | 18.31% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 396K | 48.03M | 2.46B | 0 | -2M | -1M | 89M | -3M | -11M | 6M | 0 | 3M | 2M | 80M | -8M | -19M | -10M | 1.26B | 1M | 2M |
| Cash from Financing | -334.64M | -102M | -2.08B | -92M | -76M | -126M | -66M | -115M | 30M | 163M | -116M | -189M | 198M | 39M | 95M | -170M | 649M | -131M | 251M | -741M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 0 | -67.43M | -41.06M | -48M | -21M | -28M | -26M | -12M | -1M | -3M | 0 | -3M | -3M | -30M | -15M | -24M | -16M | -14M | 670M | -16M |
| Dividends Paid | -21.86M | -21.87M | -21.8M | -22M | -22M | -21M | -22M | -22M | -39M | -39M | -38M | -38M | -38M | -37M | -38M | -38M | -38M | -38M | -32M | -29M |
| Share Repurchases | 0 | -67.43M | -41.06M | -48M | -21M | -28M | -26M | -12M | -1M | -3M | 0 | -3M | -3M | -30M | -15M | -24M | -14M | -14M | -20M | -16M |
| Other Financing | -163.77M | -10.06M | -389.9M | -13M | -25M | -29M | -11M | -37M | -13M | -31M | -13M | -19M | -12M | -19M | -1M | -7M | -6M | -4M | -30M | -4M |
| Net Change in Cash | 600.65M | -171.24M | 378.19M | 188M | -13M | -88M | 126M | 68M | 8M | -23M | -106M | -16M | -90M | -82M | -24M | -91M | 182M | -347M | 342M | -660M |
| Free Cash Flow | 935.29M | -113.07M | 2.46B | 262M | 55M | -20M | 101M | 182M | -22M | -86M | 116M | 167M | -290M | -121M | -118M | 80M | -458M | -165M | 89M | 79M |
| FCF Margin % | 302.24% | -34.19% | 796.72% | 22.09% | 4.77% | -1.61% | 8.25% | 14.7% | -1.74% | -6.55% | 9.08% | 13.18% | -22.26% | -8.92% | -8.48% | 5.93% | -34.83% | -12.03% | 6.7% | 6.03% |
| FCF Growth % | 1600.53% | -465.35% | 2333.7% | 43.96% | 350% | 76.74% | -12.93% | 8.98% | 92.41% | 28.93% | 198.31% | 108.75% | 36.68% | 26.67% | -232.58% | 1.27% | 65.2% | -146.27% | 89.36% | 9.72% |
| FCF per Share | 7.96 | -0.96 | 21.37 | 2.28 | 0.48 | -0.18 | 0.89 | 1.60 | -0.19 | -0.76 | 1.03 | 1.48 | -2.57 | -1.07 | -1.04 | 0.69 | -3.95 | -1.42 | 0.77 | 0.68 |
| FCF Conversion (FCF/Net Income) | 0.46x | 0.35x | 0.42x | 35.08x | 26.57x | 35.33x | -4.65x | 134.00x | 7.72x | -0.43x | - | -234.00x | 5.75x | -10.16x | -20.88x | 10.09x | 6.25x | 8.00x | 9.55x | 11.70x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |