T-Mobile US, Inc. (TMUS) Financial Statements

Executive TeamFinancials
SegmentsShareholders

T-Mobile US financial statements at a glance

T-Mobile US reported revenue of $88.31 billion for fiscal year 2025 (ended December 31, 2025), up 8.5% from fiscal year 2024. Net income was $10.99 billion, a net margin of 12.4%, and diluted earnings per share were $9.72.

At the end of fiscal year 2025 it had total assets of $219.24 billion, total liabilities of $160.03 billion and shareholders' equity of $59.20 billion, with cash and short-term investments of $5.60 billion and total debt of $122.27 billion.

Its operations brought in $27.95 billion of cash; capital spending was $12.52 billion, leaving free cash flow of $15.43 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

TMUS logo

T-Mobile US, Inc.

TMUSUnited States
Communication Services
USD (Local)

Income Statement

Annual • USD

Total Revenue
88.31B
Prev Year: 81.40B
YoY: +8.5%
Operating Revenue
87.28B
Prev Year: 80.44B
YoY: +8.5%
Weighted Average Shares (diluted)
1.13B
Weighted Average Shares (basic)
1.13B
Diluted EPS
9.72
Basic EPS
9.75
Other Income Expense
-502.00M
Prev Year: 113.00M
YoY: -544.2%
Impairment of Capital Assets
278.00M
Prev Year: 0
Depreciation Amortization Depletion
13.51B
Prev Year: 12.92B
YoY: +4.6%
Cost of Revenue
32.77B
Prev Year: 29.65B
YoY: +10.5%
Gross Profit
55.53B
Prev Year: 51.75B
YoY: +7.3%
Operating Expense
36.98B
Prev Year: 33.74B
YoY: +9.6%
Selling General and Administrative
23.47B
Prev Year: 20.82B
YoY: +12.7%
Depreciation and amortization
13.51B
Prev Year: 12.92B
YoY: +4.6%
Operating Income
18.56B
Prev Year: 18.01B
YoY: +3.0%
Net Non Operating Interest Income Expense
-3.77B
Prev Year: -3.41B
YoY: -10.6%
Non-operating Interest Expense
3.77B
Prev Year: 3.41B
YoY: +10.6%
Non-operating Interest Income
-
Special Income Charges
-278.00M
Prev Year: 0
Other Non-operating Income (expense)
-224.00M
Prev Year: 113.00M
YoY: -298.2%
Pre-tax Income
14.28B
Prev Year: 14.71B
YoY: -2.9%
Provision for Income Taxes
3.29B
Prev Year: 3.37B
YoY: -2.5%
Net Income Common Stockholders
10.99B
Prev Year: 11.34B
YoY: -3.1%
Net Income
10.99B
Prev Year: 11.34B
YoY: -3.1%
Net Income Including Non-Controlling Interests
10.99B
Prev Year: 11.34B
YoY: -3.1%
Net Income from Continuing Operations
10.99B
Prev Year: 11.34B
YoY: -3.1%
Diluted NI Available to Com Stockholders
10.99B
Prev Year: 11.34B
YoY: -3.1%
Total Operating Income as Reported
18.28B
Prev Year: 18.01B
YoY: +1.5%
Average Dilution Earnings
-
Total Expenses
69.75B
Prev Year: 63.39B
YoY: +10.0%
Net Income from Continuing and Discontinued Operation
10.99B
Prev Year: 11.34B
YoY: -3.1%
Normalized Income
11.21B
Prev Year: 11.34B
YoY: -1.2%
Interest Expense
3.77B
Prev Year: 3.41B
YoY: +10.6%
Net Interest Income
-3.77B
Prev Year: -3.41B
YoY: -10.6%
EBIT
18.05B
Prev Year: 18.12B
YoY: -0.4%
EBITDA
31.56B
Prev Year: 31.04B
YoY: +1.7%
Reconciled Cost of Revenue
32.77B
Prev Year: 29.65B
YoY: +10.5%
Reconciled Depreciation
13.51B
Prev Year: 12.92B
YoY: +4.6%
Interest Income
-
Net Income from Continuing Operation Net Minority Interest
10.99B
Prev Year: 11.34B
YoY: -3.1%
Total Unusual Items Excluding Goodwill
-278.00M
Prev Year: 0
Total Unusual Items
-278.00M
Prev Year: 0
Normalized EBITDA
31.84B
Prev Year: 31.04B
YoY: +2.6%
Tax Rate for Calcs
0.23
Prev Year: 0
Tax Effect of Unusual Items
-63.94M
Prev Year: 0
Values in USD

T-Mobile US key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$88.3B$81.4B$78.6B$79.6B$80.1B
Gross profit$55.5B$51.7B$48.4B$43.4B$43.5B
Operating income$18.6B$18.0B$14.2B$8.1B$6.9B
Net income$11.0B$11.3B$8.3B$2.6B$3.0B
Diluted EPS$9.72–$6.93$2.06$2.41
Total assets$219.2B$208.0B$207.7B$211.3B$206.6B
Total liabilities$160.0B$146.3B$143.0B$141.7B$137.5B
Shareholders' equity$59.2B$61.7B$64.7B$69.7B$69.1B
Cash and short-term investments$5.6B$5.4B$5.1B$4.5B$6.6B
Total debt$122.3B$114.4B$113.8B$111.8B$108.8B
Operating cash flow$28.0B$22.3B$18.6B$16.8B$13.9B
Capital spending$12.5B$12.3B$10.8B$17.3B$21.7B
Free cash flow$15.4B$10.0B$7.7B-$520.0M-$7.8B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2014.

Questions and answers

What was T-Mobile US's revenue in fiscal year 2025?

$88.31 billion, up 8.5% from $81.40 billion in fiscal year 2024.

How much profit does T-Mobile US make?

T-Mobile US reported net income of $10.99 billion for fiscal year 2025 (12.4% of revenue); operating income was $18.56 billion.

How much cash and debt does T-Mobile US have?

At the end of fiscal year 2025: cash and short-term investments of $5.60 billion and total debt of $122.27 billion.

What is T-Mobile US's free cash flow?

$15.43 billion in fiscal year 2025 (operating cash flow of $27.95 billion minus capital spending of $12.52 billion).

MoreT-Mobile US stock overviewT-Mobile US executive teamT-Mobile US shareholdersT-Mobile US revenue by segment
RelatedWireless Telecommunications Carriers (except Satellite) industryInformation sectorAt&t financialsVerizon Communications financialsArray Digital Infrastructure (AD)Telephone and Data Systems (TDS)Spok (SPOK)Celexpress (CELX)
Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
© 2026 DataPorium. All rights reserved.|About & MethodologyPrivacy PolicyTerms of Use
LinkedInLinkedInXXYouTubeYouTube