Telephone and Data Systems, Inc. (TDS) Q3 FY2026 earnings

Reported results

• GAAP total operating revenues from continuing operations were $306.7 million for the third quarter of 2026, compared to $308.5 million for the third quarter of 2025.
• GAAP net income attributable to TDS common shareholders from continuing operations was $29.6 million for the third quarter of 2026, compared to $40.2 million for the third quarter of 2025.
• GAAP diluted earnings per share from continuing operations attributable to TDS common shareholders was $0.26 for the third quarter of 2026, compared to $0.33 for the third quarter of 2025.
• TDS Telecom non-GAAP Adjusted OIBDA was $63,493 thousand for the three months ended September 30, 2026, compared to $76,972 thousand for the prior year period.
• TDS Telecom non-GAAP Adjusted EBITDA was $65,859 thousand for the three months ended September 30, 2026, compared to $80,491 thousand for the prior year period.
• TDS Consolidated non-GAAP Free cash flow - continuing operations was $(472,800) thousand for the nine months ended September 30, 2026.

Guidance

• TDS Telecom full-year 2026 estimated total operating revenues of $990 million to $1,010 million.
• TDS Telecom full-year 2026 estimated non-GAAP Adjusted OIBDA of $280 million to $300 million.
• TDS Telecom full-year 2026 estimated non-GAAP Adjusted EBITDA of $290 million to $310 million.
• TDS Telecom full-year 2026 estimated capital expenditures of approximately $750 million.
• Array full-year 2026 estimated total operating revenues of $205 million to $215 million.
• Array full-year 2026 estimated non-GAAP Adjusted OIBDA of $60 million to $75 million.
• Array full-year 2026 estimated non-GAAP Adjusted EBITDA of $220 million to $235 million.
• Array full-year 2026 estimated capital expenditures of $25 million to $35 million.

Price and volatility reaction

The stock moved +1.6% on the print. No front-expiry chain was on file, so there is no straddle expected move.

Source

The figures above come from the earnings release the company filed with the SEC on 2026-11-06 (8-K, Item 2.02). Read the original filing on sec.gov.