T-Mobile US, Inc.

Listed Company

TMUSLCIK 0001283699NasdaqLarge AcceleratedRadiotelephone CommunicationsDelawareFY ends Dec 31

Period

FY 2025

Revenue

$88.31B

Net Income

$10.99B

Total Assets

$219.24B

Equity

$59.20B

Shares Out

1.08B

Op. Cash Flow

$27.95B

Business

T-Mobile US, Inc. provides wireless communications services and related products across the United States, Puerto Rico and the U.S. Virgin Islands. It offers a range of service plans including Go5G Plus, Essentials and other postpaid and prepaid plans, wireless devices (smartphones, wearables, tablets, routers), fixed wireless High Speed Internet, device protection, financial services and advertising. The company operates flagship brands T‑Mobile, Metro by T‑Mobile and Mint Mobile, and serves postpaid, prepaid, wholesale, M2M and MVNO customers. Products and services are distributed via company-owned retail stores, brand websites and apps, customer care channels, national retailers and third-party dealers.

Summary from filing dated 2025-01-31

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Total revenues	88,309	81,400	78,558	79,571	80,118
Selling, general and administrative	23,470	20,818	21,311	21,607	20,238
Gain on disposal group held for sale	0	0	−25	1,087	0
Impairment expense	278	0	0	477	0
Depreciation and amortization	13,508	12,919	12,818	13,651	16,383
Total operating expenses	70,030	63,390	64,292	73,028	73,226
Operating income	18,279	18,010	14,266	6,543	6,892
Interest expense, net	−3,774	−3,411	−3,335	−3,364	−3,342
Other (expense) income, net	−224	113	68	−33	−199
Total other expense, net	−3,998	−3,298	−3,267	−3,397	−3,541
Income before income taxes	14,281	14,712	10,999	3,146	3,351
Income tax expense	−3,289	−3,373	−2,682	−556	−327
Net income	10,992	11,339	8,317	2,590	3,024
Reclassification of loss from cash flow hedges, net of tax effect of $65, $60 and $56	190	176	163	151	140
(Losses) gains on fair value hedges, net of tax effect of $(64), $5 and $0	−187	16	0	0	—
Unrealized (loss) gain on foreign currency translation adjustment, net of tax effect of $0, $0 and $0	−1	0	9	−9	−4
Actuarial gain (loss), net of amortization and reclassification, on pension and other postretirement benefits, net of tax effect of $2, $(29) and $(31)	7	−85	−90	177	80
Other comprehensive income	9	107	82	319	216
Total comprehensive income	11,001	11,446	8,399	2,909	3,240
Basic (in USD per share)	9.75	9.7	7.02	2.07	2.42
Diluted (in USD per share)	9.72	9.66	6.93	2.06	2.41
Basic (in shares)	1,128	1,169	1,185	1,250	1,247
Diluted (in shares)	1,131	1,173	1,200	1,255	1,255

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	5,598	5,409	5,135	4,507	6,631
Accounts receivable, net of allowance for credit losses of $226 and $176	4,874	4,276	4,692	4,445	4,194
Equipment installment plan receivables, net of allowance for credit losses and imputed discount of $733 and $656	4,997	4,379	4,456	5,123	4,748
Inventory	2,405	1,607	1,678	1,884	2,567
Prepaid expenses	1,215	880	702	673	746
Other current assets	5,372	1,853	2,352	2,435	2,005
Total current assets	24,461	18,404	19,015	19,067	20,891
Property and equipment, net	38,333	38,533	40,432	42,086	39,803
Operating lease right-of-use assets	25,692	25,398	27,135	28,715	26,959
Financing lease right-of-use assets	2,760	3,091	3,270	3,257	3,322
Goodwill	13,678	13,005	12,234	12,234	12,188
Spectrum licenses	98,032	100,558	96,707	95,798	92,606
Other intangible assets, net	3,843	2,512	2,618	3,508	4,733
Equipment installment plan receivables due after one year, net of allowance for credit losses and imputed discount of $213 and $158	2,683	2,209	2,042	2,546	2,829
Other assets	9,755	4,325	4,229	4,127	3,232
Total assets	219,237	208,035	207,682	211,338	206,563
Accounts payable and accrued liabilities	10,280	8,463	10,373	12,275	11,405
Short-term debt	5,135	4,068	3,619	5,164	3,378
Deferred revenue	1,533	1,222	825	780	856
Short-term operating lease liabilities	3,814	3,281	3,555	3,512	3,425
Short-term financing lease liabilities	1,163	1,175	1,260	1,161	1,120
Other current liabilities	2,575	1,965	1,296	1,850	1,070
Total current liabilities	24,500	20,174	20,928	24,742	23,499
Long-term debt	81,147	74,197	71,399	66,796	67,076
Tower obligations	3,532	3,664	3,777	3,934	2,806
Deferred tax liabilities	19,583	16,700	13,458	10,884	10,216
Operating lease liabilities	26,371	26,408	28,240	29,855	25,818
Financing lease liabilities	1,107	1,151	1,236	1,370	1,455
Other long-term liabilities	3,794	4,000	3,929	4,101	5,097
Total long-term liabilities	135,534	126,120	122,039	116,940	113,962
Commitments and contingencies (Note 18)	—	—	—	—	—
Common stock, par value $0.00001 per share, 2,000,000,000 shares authorized; 1,275,774,235 and 1,271,074,364 shares issued, 1,106,930,661 and 1,144,579,681 shares outstanding	0	0	0	0	0
Additional paid-in capital	69,460	68,798	67,705	73,941	73,292
Treasury stock, at cost, 168,843,574 and 126,494,683 shares	−30,545	−20,584	−9,373	−3,016	−13
Accumulated other comprehensive loss	−848	−857	−964	−1,046	−1,365
Retained earnings	21,136	14,384	7,347	−223	−2,812
Total stockholders' equity	59,203	61,741	64,715	69,656	69,102
Total liabilities and stockholders' equity	219,237	208,035	207,682	211,338	206,563

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Stock-based compensation expense	829	649	667	595	540
Deferred income tax expense	2,864	3,120	2,600	492	197
Bad debt expense	1,370	1,192	898	1,026	452
Losses from sales of receivables	58	62	165	214	15
Loss on remeasurement of disposal group held for sale	0	0	9	377	0
Accounts receivable	−755	−3,088	−5,038	−5,158	−3,225
Equipment installment plan receivables	−877	−523	170	−1,184	−3,141
Inventory	−615	131	197	744	201
Operating lease right-of-use assets	3,635	3,480	3,721	5,227	4,964
Other current and long-term assets	−1,488	−411	−358	−754	−573
Accounts payable and accrued liabilities	1,542	−2,041	−1,126	558	549
Short- and long-term operating lease liabilities	−3,457	−3,879	−3,785	−2,947	−5,358
Other current and long-term liabilities	−379	−678	−839	459	−531
Other, net	445	21	143	414	236
Net cash provided by operating activities	27,950	22,293	18,559	16,781	13,917
Purchases of property and equipment, including capitalized interest of $(43), $(34) and $(104)	−9,955	−8,840	−9,801	−13,970	−12,326
Purchases of spectrum licenses and other intangible assets, including deposits	−2,568	−3,471	−1,010	−3,331	−9,366
Proceeds from the sale of property, equipment and intangible assets	2,168	99	153	—	—
Proceeds from sales of tower sites	0	0	12	9	40
Proceeds related to beneficial interests in securitization transactions	0	3,579	4,816	4,836	4,131
Acquisition of companies, net of cash acquired	−3,523	−373	0	−52	−1,916
Investments in unconsolidated affiliates, net	−4,056	−18	−7	—	—
Other, net	327	−48	8	149	51
Net cash used in investing activities	−17,607	−9,072	−5,829	−12,359	−19,386
Proceeds from issuance of long-term debt, net	12,010	8,587	8,446	—	—
Repayments of financing lease obligations	−1,252	−1,367	−1,227	−1,239	−1,111
Repayments of long-term debt	−6,199	−5,073	−5,051	−5,556	−11,100
Repurchases of common stock	−9,974	−11,228	−13,074	−3,000	0
Dividends on common stock	−4,121	−3,300	−747	0	0
Tax withholdings on share-based awards	−434	−269	−297	−243	−316
Other, net	−111	−165	−147	−127	−191
Net cash used in financing activities	−10,081	−12,815	−12,097	−6,451	1,709
Effect of exchange rate changes on cash and cash equivalents, including restricted cash	1	0	0	—	—
Change in cash and cash equivalents, including restricted cash	263	406	633	−2,029	−3,760

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro