T-Mobile US revenue and financials
$165.93Change from previous close: +0.78%Absolute change: +$1.29
In the fiscal year ended December 2025, T-Mobile US reported revenue of $88.31B (+8.49% year over year). Net income was $10.99B, a net margin of 12.4%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +8.49%
- 2025 vs 2024
- Net income growth
- −3.06%
- 2025 vs 2024
- Net margin
- 12.4%
- 2024: 13.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 27,950 | 22,293 | 18,559 | 16,781 | 13,917 | 8,640 | 6,824 | 3,899 | 3,831 | 2,779 |
| Depreciation and amortization | 13,508 | 12,919 | 12,818 | 13,651 | 16,383 | 14,151 | 6,616 | 6,486 | 5,984 | 6,243 |
| Capital expenditure | -9,955 | -8,840 | -9,801 | -13,970 | -12,326 | -11,034 | -6,391 | -5,541 | -5,237 | -4,702 |
| Investing cash flow | -17,607 | -9,072 | -5,829 | -12,359 | -19,386 | -12,715 | -4,125 | -579 | -6,745 | -2,324 |
| Financing cash flow | -10,081 | -12,815 | -12,097 | -6,451 | 1,709 | 13,010 | -2,374 | -3,336 | -1,367 | 463 |
| Dividends paid | -4,121 | -3,300 | -747 | 0.0 | 0.0 | — | 0.0 | 0.0 | -55.0 | -55.0 |
| Share repurchases | -9,974 | -11,228 | -13,074 | -3,000 | 0.0 | -19,536 | 0.0 | -1,071 | -427 | 0.0 |
| Debt issued | 12,010 | 8,587 | 8,446 | 3,714 | 14,727 | 54,080 | 2,340 | 8,759 | 13,390 | 997 |
| Debt repaid | -7,451 | -6,440 | -6,278 | -6,795 | -12,395 | -40,847 | -4,513 | -10,614 | -13,926 | -375 |
| Effect of exchange rates | 1.0 | 0.0 | 0.0 | — | — | — | — | — | — | — |
| Net change in cash | 263 | 406 | 633 | -2,029 | -3,760 | 8,935 | 325 | -16.0 | -4,281 | 918 |
| Free cash flow | 17,995 | 13,453 | 8,758 | 2,811 | 1,591 | — | — | — | — | — |
| Levered free cash flow | 7,997 | 10,813 | 8,429 | 3,889 | -608 | 5,115 | 1,366 | 3,529 | -655 | -3,322 |