T-Mobile USTMUSEarnings & Financial Report
T-Mobile US, Inc. is an American wireless network operator headquartered in Bellevue, Washington. Its majority shareholder and namesake is the German telecommunications company Deutsche Telekom. T-Mobile is the second largest wireless carrier in the United States, with 140 million subscribers as of September 30, 2025.
Revenue
$24.3B
Gross Profit
N/A
Operating Profit
$3.7B
Net Profit
$2.1B
Gross Margin
N/A
Operating Margin
15.4%
Net Margin
8.6%
YoY Growth
11.3%
EPS
$1.89
T-Mobile US Q4 FY2025 Financial Summary
T-Mobile US reported revenue of $24.3B (up 11.3% YoY) for Q4 FY2025, with a net profit of $2.1B (down 29.5% YoY) (8.6% margin).
Key Financial Metrics
| Total Revenue | $24.3B |
|---|---|
| Net Profit | $2.1B |
| Gross Margin | N/A |
| Operating Margin | 15.4% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
T-Mobile US Q4 FY2025 revenue of $24.3B breaks down across 6 segments, led by Branded Postpaid Revenue Phone at $12.9B (53.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Branded Postpaid Revenue Phone | $12.9B | 53.2% |
| Product Equipment | $5.4B | 22.0% |
| Branded Prepaid Revenue | $2.6B | 10.6% |
| Branded Postpaid Revenue Other | $2.4B | 10.0% |
| Wholesale And Other Service Revenue | $738.0M | 3.0% |
| Other | $268.0M | 1.1% |
T-Mobile US Revenue by Segment — Quarterly Trend
T-Mobile US revenue by segment across the last 4 reported quarters, showing how each business line (such as Branded Postpaid Revenue Phone and Product Equipment) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Branded Postpaid Revenue Phone | — | $12.9B | $12.6B | $12.1B |
| Product Equipment | — | $5.4B | $3.5B | $3.4B |
| Branded Prepaid Revenue | — | $2.6B | $2.6B | $2.6B |
| Branded Postpaid Revenue Other | — | $2.4B | $2.2B | $2.0B |
| Wholesale And Other Service Revenue | — | $738.0M | $734.0M | $717.0M |
T-Mobile US Annual Revenue by Year
T-Mobile US annual revenue history includes year-by-year totals (for example, 2025 revenue was $88.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $88.3B |
| 2024 | $81.4B |
| 2023 | $78.6B |
| 2022 | $79.6B |
T-Mobile US Quarterly Revenue & Net Profit History
T-Mobile US results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $23.1B | +10.6% | $2.5B | 10.8% |
| Q4 FY2025 | $24.3B | +11.3% | $2.1B | 8.6% |
| Q3 FY2025 | $22.0B | +8.9% | $2.7B | 12.4% |
| Q2 FY2025 | $21.1B | +6.9% | $3.2B | 15.2% |
| Q1 FY2025 | $20.9B | +6.6% | $3.0B | 14.1% |
| Q4 FY2024 | $21.9B | +6.8% | $3.0B | 13.6% |
| Q3 FY2024 | $20.2B | +4.7% | $3.1B | 15.2% |
| Q2 FY2024 | $19.8B | +3.0% | $2.9B | 14.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19.77B | $20.16B | $21.87B | $20.89B | $21.13B | $21.96B | $24.33B | $23.11B |
| YoY Growth | 3.0% | 4.7% | 6.8% | 6.6% | 6.9% | 8.9% | 11.3% | 10.6% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $208.56B | $210.74B | $208.03B | $214.63B | $212.64B | $217.18B | $219.24B | $214.67B |
| Liabilities | $145.92B | $146.49B | $146.29B | $153.53B | $151.54B | $156.70B | $160.03B | $158.79B |
| Equity | $62.64B | $64.25B | $61.74B | $61.10B | $61.11B | $60.48B | $59.20B | $55.88B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $5.52B | $6.14B | $5.55B | $6.85B | $6.99B | $7.46B | $6.65B | $7.22B |