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.
TMUS Q1 FY2026 Key Financial Metrics
Revenue
$23.1B
Gross Profit
N/A
Operating Profit
$4.8B
Net Profit
$2.5B
Gross Margin
N/A
Operating Margin
20.8%
Net Margin
10.8%
YoY Growth
10.6%
EPS
$2.27
T-Mobile US Q1 FY2026 Financial Summary
T-Mobile US reported revenue of $23.1B (up 10.6% YoY) for Q1 FY2026, with a net profit of $2.5B (down 15.2% YoY) (10.8% margin).
Key Financial Metrics
| Total Revenue | $23.1B |
|---|---|
| Net Profit | $2.5B |
| Gross Margin | N/A |
| Operating Margin | 20.8% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
T-Mobile US Q1 FY2026 revenue of $23.1B breaks down across 2 segments, led by Postpaid service revenues at $15.6B (67.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Postpaid service revenues | $15.6B | 67.6% |
| Other | $7.5B | 32.4% |
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 Postpaid service revenues and Other) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Postpaid service revenues | $15.6B | — | — | — |
| Other | $7.5B | $268.0M | $251.0M | $255.0M |
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).
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 |