T-Mobile US (TMUS) Financial Statements & Analysis

T-Mobile US (TMUS) Income Statement

T-Mobile US reported revenue of $88.31B in fiscal 2025 (fiscal year ended Dec 31, 2025), up 8.5% from $81.40B a year earlier. Net income was $10.99B, down 3.1% year over year, a net margin of 12.4%. Gross margin was 47.6% and operating margin 21.2%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $22.79B, up 7.9% from the same quarter a year earlier.

T-Mobile US Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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T-Mobile US, Inc. income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	88.31	81.40	78.56	79.57	80.12	68.40	45.00	43.31	40.60
Cost of Revenue	46.24	29.65	29.55	32.01	34.57	28.27	18.52	18.35	17.71
Gross Profit	42.07	51.75	48.37	43.37	43.51	40.13	26.48	24.96	22.90
Operating Expenses
Research & Development	0.28	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	22.96	20.82	20.85	20.93	19.16	18.93	14.14	13.16	12.26
Operating Expenses	23.32	33.74	34.10	36.82	36.62	33.50	20.76	19.65	18.01
Operating Income	18.74	18.01	14.27	6.54	6.89	6.64	5.72	5.31	4.89
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.02	0.02	0.02
Interest Expense	3.52	3.41	-3.34	-3.36	-3.34	2.70	1.14	1.36	1.67
Other Income/Expense	-4.46	-3.30	-3.27	-3.40	-3.54	-3.11	-1.12	-1.39	-1.73
Income
Income Before Tax	14.28	14.71	11.00	3.15	3.35	3.53	4.60	3.92	3.16
Income Tax Expense	3.29	3.37	2.68	0.56	0.33	0.79	1.14	1.03	-1.38
Net Income	10.99	11.34	8.32	2.59	3.02	3.06	3.47	2.89	4.54
Net Income - Continuous Operations	10.99	11.34	8.32	2.59	3.02	3.06	3.47	2.89	4.54
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	31.31	31.04	28.16	26.63	26.38	20.38	12.35	11.76	10.82
EBIT	19.41	18.19	15.35	12.98	10.00	-	-	-	-
Depreciation & Amortization	13.51	12.92	12.82	13.65	16.38	14.15	6.62	6.49	5.98
Earnings Per Share
Basic EPS	10.00	10.00	7.00	2.00	2.00	3.00	4.00	3.00	5.00
Diluted EPS	10.00	10.00	7.00	2.00	2.00	3.00	4.00	3.00	5.00
Basic Shares Outstanding	1.13	1.17	1.19	1.25	1.25	1.14	0.85	0.85	0.83
Diluted Shares Outstanding	1.13	1.17	1.20	1.26	1.25	1.15	0.86	0.86	0.87

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About T-Mobile US Financial Statements

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

T-Mobile US reported revenue of $88.31B in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 8.5% from $81.40B a year earlier.

Is T-Mobile US profitable?

Yes. T-Mobile US earned net income of $10.99B in fiscal 2025, a net margin of 12.4%. In fiscal 2024 it earned $11.34B.

What is T-Mobile US's operating margin?

T-Mobile US's operating income was $18.74B on revenue of $88.31B in fiscal 2025, an operating margin of 21.2%, compared with 22.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition