T-Mobile US, Inc.

TMUS Communication Services Telecom Services

T-Mobile US, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $88.3 billion, up 8.49% from fiscal 2024. In the quarter to June 2026, revenue grew 7.85%, EPS grew 5.28%, free cash flow fell 25.6% and total debt rose 2.19%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for three consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.

147.29 0.79 −0.53%
Market cap
$156.0B
P/E
15.4×
Fwd P/E
13.4×
Dividend yield
2.77%
F-score
6/9
Altman Z
1.67
Beneish M
−2.75
Dividend safety
68/100

T-Mobile US, Inc. (TMUS) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Wireless 88,309 100.00%
Gross margin 62.89%
Operating margin 20.70%
Pre-tax margin 16.17%

Revenue by product or service $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2017
Wholesale and other service revenues 2,877 3,439 4,782 5,547 6,074 —
Other revenues 1,031 959 1,179 1,118 1,022 1,069
Product — — — — — 9,375
Also reported: a second breakdown of the same revenue
Postpaid phone revenues 49,443 45,762 43,449 41,711 39,154 18,371
Equipment revenues 15,972 14,263 14,138 17,130 20,727 9,375
Prepaid revenues 10,497 10,399 9,767 9,857 9,733 9,380
Postpaid other revenues 8,489 6,578 5,243 4,208 3,408 1,077
Wholesale Service Revenue — — — — — 1,102
Lease Of Mobile Communication Devices and Accessories — — — — — 877
Other Service Revenue — — — — — 230
Postpaid revenues 57,932 52,340 48,692 45,919 42,562 19,448
Service 71,306 66,178 63,241 61,323 58,369 —
Revenue 88,309 81,400 78,558 79,571 80,118 40,604

Gross profit by product or service $m, and margin

Revenue by segment $m

Line FY2025 FY2024 FY2023 FY2022
Wireless 88,309 81,400 78,558 79,571
Revenue 88,309 81,400 78,558 79,571

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
High Speed Internet net customer additions Q4 FY2025 495.0K 428.0K +15.65%
Postpaid ARPA Q3 FY2026 $155.73 $149.44 +4.21%
Postpaid net account additions Q3 FY2026 274.0K 396.0K −30.81%
Postpaid net customer additions Q4 FY2025 2.4M 1.9M +23.23%
Postpaid other net customer additions Q4 FY2025 1.4M 1.0M +37.86%
Postpaid phone ARPU Q4 FY2025 $50.71 $49.73 +1.97%
Postpaid phone net customer additions Q4 FY2025 962.0K 903.0K +6.53%
Prepaid ARPU Q4 FY2025 $33.33 $35.49 −6.09%
Prepaid net customer additions Q4 FY2025 57.0K 103.0K −44.66%
Total customers, end of period Q4 FY2025 142.4M 129.5M +9.93%
Total High Speed Internet customers, end of period Q4 FY2025 8.5M 6.4M +31.42%
Total net customer additions Q4 FY2025 2.4M 2.0M +19.79%
Total postpaid accounts, end of period Q3 FY2026 35.0M — —

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.