Income StatementBalance SheetCash FlowSegments
T-Mobile US logo

T-Mobile US Income Statement

Revenue, expenses, and profitability over time

T-Mobile US generated $90.5B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $10.5B with a 11.65% net margin. Diluted EPS is $9.41, which declined 0.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$90.5BOperating Income (TTM)$18.0BNet Income (TTM)$10.5BEps Diluted (TTM)$9.42
Latest FilingQ1 2026
Report Date2026-04-28
Market Cap$207.21B
P/E Ratio19.65
ROE18.02%

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Derivative Gain (Loss) Excluded from Effectiveness-$841.0M-$916.0M-$922.0M-$924.0M-$1.0B-$1.0B
Interest Income (Expense), Non-operating-$841.0M-$916.0M-$922.0M-$924.0M-$1.0B-$1.0B
Defined Benefit Plan Amortization of Gains (Losses)$29.8M$2.0M$2.0M$2.0M$2.0M—
Other Charges$94.0M-$46.0M-$11.0M-$78.0M-$89.0M-$132.0M
Interest Income (Expense), Nonoperating-$841.0M-$916.0M-$922.0M-$924.0M-$1.0B-$1.0B
Other income (expense), net-$747.0M-$962.0M-$933.0M-$1.0B-$1.1B-$1.2B
Non-operating Interest Income (Expense)-$841.0M-$916.0M-$922.0M-$924.0M-$1.0B-$1.0B
Interest Costs Capitalized$8.0M$10.0M$10.0M$13.0M$10.0M$7.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends Per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0
OCI Defined Benefit Plans, Tax—$0.0-$1.0M$0.0—$0.0
Capital Expenditures$2.2B$2.5B$2.4B$2.6B$2.5B$2.6B
Change in Accounts Receivable$652.0M$93.0M$338.0M$366.0M$0.0$162.0M
Change in Deferred Revenue$98.0M-$27.0M$24.0M$406.0M$31.0M-$85.0M
Change in Other Liabilities-$21.0M-$88.0M-$82.0M-$239.0M$0.0-$109.0M
Share-Based Payment Tax Withholding Decrease$25.0M$273.0M$29.0M$92.0M$40.0M$154.0M
Tax Withholding for Share-Based Payments$25.0M$272.0M$30.0M$92.0M$40.0M$154.0M
Common Stock Dividends Per Share$0.9$0.9$0.9$1.0$1.0$1.0
OCI - Cash Flow Hedge After Reclassification Tax$15.0M$16.0M$16.0M$16.0M$17.0M$17.0M
OCI - Pension Tax Effect (Parent)—$0.0-$1.0M$0.0—$0.0
Dividends per share declared$0.9$0.9$0.9$1.0$1.0$1.0
Dividends per share declared$0.9$0.9$0.9$1.0$1.0$1.0
Common Stock Dividends Per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0
Share-Based Payment Arrangement, Decrease for Tax Withholding Obligation$25.0M$273.0M$29.0M$92.0M$40.0M$154.0M
Share-based compensation expense related to employee stock plans$162.0M$177.0M$203.0M$216.0M$233.0M$226.0M
Advertising costs$775.0M$925.0M$925.0M$925.0M$925.0M—
Asset Retirement Obligation, Liabilities Settled$76.8M———$6.0M—
Changes in estimated cash flows$9.0M$0.0$0.0$0.0$0.0—
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation$101.5M$6.6B———-$2.1B
Change In Capital Expenditures Incurred But Not Yet Paid$1.2B-$463.0M-$131.0M$136.0M—-$357.0M
Dividends declared (in dollars per share)$0.9$0.9$0.9$1.0$1.0$1.0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent$3.0B$2.8B$3.3B$2.7B$2.1B$2.5B
Federal$14.3M$13.5M$13.5M$13.5M$13.5M—
Foreign$4.3M$19.0M$19.0M$19.0M$19.0M—
Weighted-average debt outstanding during period$200.0M$80.8B$83.5B$83.2B$900.0M$86.7B
Effective interest rate—4.0%4.1%4.2%0.1%4.2%
Federal$685.8M$652.0M$652.0M$652.0M$652.0M—
Deferred and other income taxes$841.0M$771.0M$937.0M$797.0M$359.0M$682.0M
State$87.0M$54.0M$54.0M$54.0M$54.0M—
Defined Benefit Plan, Amortization of Gain (Loss)$29.8M$2.0M$2.0M$2.0M$2.0M—
Expected long-term rate of return on investments2.0%2.0%2.0%2.0%2.0%—
Actual rate of return on plan assets during period1.5%4.0%4.0%4.0%4.0%—
Expected long-term rate of return on plan assets$0.0$0.0$0.0$0.0$0.0—
Contributions to benefit plan$13.0M$16.5M$16.5M$16.5M$16.5M—
Defined Benefit Plan, Expected Return (Loss) on Plan Assets$24.8M$13.0M$13.0M$13.0M$13.0M—
Interest cost$20.8M$12.5M$12.5M$12.5M$12.5M—
Percent at quoted price6.5%3.3%3.3%3.3%3.3%—
Percent supported at unobservable inputs3.0%2.8%2.8%2.8%2.8%—
Percent at similar assets15.5%19.0%19.0%19.0%19.0%—
Defined contribution plan costs$39.8M$42.8M$42.8M$42.8M$42.8M—
Dividends, Common Stock, Cash$998.0M$995.0M$988.0M$1.1B$1.1B$1.1B
Effect of exchange rate changes on cash, cash equivalents and restricted cash$0.0$250.0K$250.0K$250.0K$250.0K—
Finance Lease Principal Payments$342.0M$315.0M$331.0M$318.0M$288.0M$304.0M
Financing option, devices and accessories, interest rate (percent)0.0%0.0%0.0%0.0%0.0%—
Financing Receivable, Allowance for Credit Loss, Writeoff$288.8M$324.0M———$410.0M
Originated in 2025$100.0M$1.0M$31.0M$85.0M$117.0M$3.0M
Originated prior to 2024$5.0M$29.0M$16.0M$11.0M$8.0M$48.0M
Originated in 2024$46.0M$128.0M$93.0M$78.0M$67.0M$166.0M
Federal taxes$28.3M$24.3M$24.3M$24.3M$24.3M—
Foreign$2.3M$5.8M$5.8M$5.8M$5.8M—
State taxes$14.3M$82.8M$82.8M$82.8M$82.8M—
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount$772.3M$749.8M$749.8M$749.8M$749.8M—
Accounts payable and other current liabilities-$180.0M-$268.0M$107.0M$890.0M$813.0M-$408.0M
Increase (Decrease) in Accounts Receivable$652.0M$93.0M$338.0M$366.0M$0.0$162.0M
Increase (Decrease) in Contract with Customer, Asset$112.0M$80.0M$110.0M$120.0M$277.0M$61.0M
Increase (decrease) in contract liabilities and current deferred income$98.0M-$27.0M$24.0M$406.0M$31.0M-$85.0M
Increase (Decrease) in Finance Receivables$883.0M-$24.0M-$65.0M-$44.0M$1.0B$55.0M
Increase (Decrease) in Inventories-$188.0M$318.0M-$264.0M$537.0M$24.0M-$86.0M
Short- and long-term operating lease liabilities-$909.0M-$898.0M-$886.0M-$936.0M-$737.0M-$1.2B
Increase (Decrease) in Other Operating Assets$136.0M-$10.0M$671.0M$322.0M$505.0M-$33.0M
Other liabilities-$21.0M-$88.0M-$82.0M-$239.0M$0.0-$109.0M
Increase (Decrease) in Operating Lease, Right-of-Use Asset-$875.0M-$855.0M-$883.0M-$929.0M-$968.0M-$1.2B
Add - Incremental shares associated with contingently issuable shares (in shares)450.7K4.1M2.1M2.9M—1.9M
Interest capitalized$8.0M$10.0M$10.0M$13.0M$10.0M$7.0M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation-$7.5B$3.2B-$7.2B-$4.2B-$1.8B-$6.4B
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$2.3B-$3.4B-$1.6B-$10.1B-$2.5B-$2.8B
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$5.5B$6.8B$7.0B$7.5B$6.7B$7.2B
Number of operating segments—0.250.250.250.251.00
Number of reportable segments—0.250.250.250.251.00
Customer classes—2.00———2.00
Portfolio segments—2.00———2.00
Fair value hedges, tax effect$1.3M-$61.0M———-$12.0M
Foreign currency translation gains (losses)$0.0—-$1.0M$0.0——
Other comprehensive income (loss)$32.0M-$132.0M$81.0M$27.0M$33.0M$13.0M
Pension and other postretirement benefit, tax-$7.3M$500.0K$500.0K$500.0K$500.0K—
Other income, net (Note 6)$94.0M-$46.0M-$11.0M-$78.0M-$89.0M-$132.0M
All other operating activities—$170.0M-$139.0M$216.0M$198.0M$201.0M
Payment for (Proceeds from) Other Investing Activity$60.0M$90.0M-$520.0M$59.0M—$294.0M
Payments for Repurchase of Common Stock$4.7B$2.5B$2.6B$2.5B$2.4B$4.8B
Payments of Ordinary Dividends, Common Stock$1.0B$1.0B$996.0M$987.0M$1.1B$1.1B
Payment, Tax Withholding, Share-Based Payment Arrangement$25.0M$272.0M$30.0M$92.0M$40.0M$154.0M
Payments to Acquire Businesses, Net of Cash Acquired$0.0$727.0M-$1.0M$2.8B$0.0$1.0M
Payments to Acquire Equity Method Investments$18.0M$75.0M$908.0M$3.1B$1.0M$0.0
Payments to Acquire Intangible Assets$835.0M$73.0M$842.0M$1.6B$63.0M$26.0M
Payments to Acquire Property, Plant, and Equipment$2.2B$2.5B$2.4B$2.6B$2.5B$2.6B
Proceeds from issuance of long-term debt, net$498.0M$7.8B-$6.0M$498.0M$3.7B$6.4B
Net Proceeds from Issuance of Long-Term Debt—$7.8B$0.0$498.0M$3.7B$6.4B
Financing — other-$48.0M-$18.0M-$30.0M-$32.0M-$31.0M$1.0M
Proceeds from disposition of property, plant and equipment/other$61.0M$7.0M$2.1B$18.0M$77.0M$95.0M
Net additions (releases) charged to costs and expenses$356.0M$323.0M$265.0M$337.0M$445.0M$426.0M
Receivable With Imputed Interest, Discount, Increase (Decrease)$112.0M$36.0M$14.0M$50.0M$125.0M$42.0M
Receivable With Write Offs, Net Amount$151.0M$158.0M$140.0M$174.0M$192.0M$217.0M
Repayments of Long-Term Debt$1.9B$479.0M$3.3B$828.0M$1.6B$6.4B
Revenue From Contract With Customer Excluding Assessed Tax$21.9B$20.9B$21.1B$22.0B$24.3B$23.1B
Stock-based compensation$175.0M$186.0M$200.0M$227.0M$216.0M$209.0M
Stock issued for employee stock purchase plan—$125.0M—$89.0M—$135.0M
Other, net$2.8M$4.0M———$1.0M
Purchase price$4.7B$2.5B$2.5B$2.5B$2.5B$5.0B
Number of trailing trading-day—11.2511.2511.2511.25—
Unamortized Imputed Discount and Allowance for Credit Losses, Impact from Sales of Receivables$25.0M$42.0M$46.0M$47.0M$48.0M$48.0M
Unrecognized tax benefits, settlements$2.8M$15.5M$15.5M$15.5M$15.5M—
Additions for tax positions of prior years$35.0M$17.5M$17.5M$17.5M$17.5M—
Recognition of Net Gains/Losses on Benefit Obligations, Net of Taxes-$72.0M-$1.0M-$2.0M-$1.0M$11.0M-$1.0M
Cash Dividends, Common Stock$1.0B$1.0B$996.0M$987.0M$1.1B$1.1B
Cash Flow Hedge Reclassification, After Tax-$46.0M-$46.0M-$47.0M-$48.0M-$49.0M-$50.0M
Amortization of Actuarial Gain, Net of Tax-$72.0M-$1.0M-$2.0M-$1.0M$11.0M-$1.0M
Gains (Losses) on Fair Value Hedges, Net of Tax$58.0M-$177.0M$37.0M-$20.0M-$27.0M-$36.0M
OCI Cash Flow Hedge Gain (Loss), After Tax, Parent$15.0M$16.0M$16.0M$16.0M$17.0M$17.0M
OCI Derivative Excluded Component, Net of Tax$58.0M-$177.0M$37.0M-$20.0M-$27.0M-$36.0M
Other Comprehensive Income (Loss)$3.0B$2.8B$3.3B$2.7B$2.1B$2.5B
Common Stock Dividends Per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0
Common Stock Dividends Per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends Per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0
Common Stock Dividends Per Share (Declared)$0.9$0.9$0.9$1.0$1.0$1.0
Common Stock Dividends Per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0
Basic earnings per share$2.58$2.59$2.84$2.42$1.91$2.28
Diluted earnings per share$2.56$2.58$2.84$2.41$1.90$2.27
Common Stock Dividends Per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0
Dividends Per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0
Common Stock Dividends Per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0
Common Stock Dividends Per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0
Common stock dividends per share declared$0.9$0.9$0.9$1.0$1.0$1.0
Dividends Per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0
Dividends per share declared$0.9$0.9$0.9$1.0$1.0$1.0
Common Stock Dividends Per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0
Dividends per share declared$0.9$0.9$0.9$1.0$1.0$1.0
Dividends per share declared$0.9$0.9$0.9$1.0$1.0$1.0
Dividends per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0
Common Stock Dividends Per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0
Common Stock Dividends Per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0
Common stock dividends per share declared$0.9$0.9$0.9$1.0$1.0$1.0
Common Stock Dividends Per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0
Common Stock Dividends Per Share Declared$0.9$0.9$0.9$1.0$1.0$1.0
Common stock dividends per share declared$0.9$0.9$0.9$1.0$1.0$1.0
Weighted-average shares, basic—1.1B1.1B1.1B—1.1B
Weighted-average shares, diluted—1.1B1.1B1.1B—1.1B

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Stock-Based Compensation Expense$175.0M$186.0M$200.0M$227.0M$216.0M$209.0M
Share-Based Compensation Expense$175.0M$186.0M$200.0M$227.0M$216.0M$209.0M
Depreciation and amortization$3.1B$3.2B$3.1B$3.4B$3.8B$3.8B
Amortization of Contract Acquisition Assets$500.0M$485.0M$478.0M$474.0M$500.0M$473.0M
Stock-based compensation expense$175.0M$186.0M$200.0M$227.0M$216.0M$209.0M
Provision for credit losses$356.0M$323.0M$265.0M$337.0M$445.0M$426.0M
Selling, general and administrative$5.4B$5.5B$5.4B$6.0B$6.6B$6.0B
Share-Based Compensation$175.0M$186.0M$200.0M$227.0M$216.0M$209.0M
Amortization of Deferred Costs$500.0M$485.0M$478.0M$474.0M$500.0M$473.0M
Excise and Sales Taxes$96.5M$100.0M$100.0M$100.0M$100.0M—
Impairment of Deferred Contract Costs$0.0$0.0$0.0$0.0$0.0$0.0
Total operating expenses$17.3B$16.1B$15.9B$17.4B$20.6B$18.6B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Unrecognized Tax Benefits Current Period Increases$33.0M$41.5M$41.5M$41.5M$41.5M—
Unrecognized Tax Benefits Prior Period Decreases$50.3M$36.8M$36.8M$36.8M$36.8M—
Current income tax expense (benefit)$63.3M$106.3M$106.3M$106.3M$106.3M—
Deferred Foreign Tax Expense (Benefit)$7.3M$10.0M$10.0M$10.0M$10.0M—
Current State Tax Expense$44.8M$73.8M$73.8M$73.8M$73.8M—
Deferred Foreign Tax Expense$7.3M$10.0M$10.0M$10.0M$10.0M—
Current State and Local Tax Expense (Benefit)$44.8M$73.8M$73.8M$73.8M$73.8M—
Deferred Foreign Tax Expense (Benefit)$7.3M$10.0M$10.0M$10.0M$10.0M—
Current State and Local Tax Expense$44.8M$73.8M$73.8M$73.8M$73.8M—
Deferred Foreign Tax Expense$7.3M$10.0M$10.0M$10.0M$10.0M—
Income tax expense$858.0M$885.0M$1.1B$814.0M$532.0M$830.0M
Unrecognized Tax Benefits Reevaluation (Statute Lapse)$16.8M$4.5M$4.5M$4.5M$4.5M—
Current Income Tax Expense$63.3M$106.3M$106.3M$106.3M$106.3M—
Current State and Local Tax Expense (Benefit)$44.8M$73.8M$73.8M$73.8M$73.8M—
Deferred Income Tax Expense$841.0M$771.0M$937.0M$797.0M$359.0M$682.0M
Current State and Local Tax Expense (Benefit)$44.8M$73.8M$73.8M$73.8M$73.8M—
Deferred Foreign Tax Expense (Benefit)$7.3M$10.0M$10.0M$10.0M$10.0M—
Current State and Local Tax Expense (Benefit)$44.8M$73.8M$73.8M$73.8M$73.8M—
Deferred and Other Income Taxes$841.0M$771.0M$937.0M$797.0M$359.0M$682.0M
Deferred Foreign Tax Expense (Benefit)$7.3M$10.0M$10.0M$10.0M$10.0M—
Current State and Local Tax Expense$44.8M$73.8M$73.8M$73.8M$73.8M—
Deferred Foreign Tax Expense$7.3M$10.0M$10.0M$10.0M$10.0M—

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Revenue Recognized from Contract Liability$29.0M$903.0M$147.0M$77.0M$46.0M$1.1B
Revenue Recognized from Contract Liabilities$29.0M$903.0M$147.0M$77.0M$46.0M$1.1B
Excise Taxes on Products$96.5M$100.0M$100.0M$100.0M$100.0M—
Gift Card Revenue Recognized$29.0M$903.0M$147.0M$77.0M$46.0M$1.1B
Revenue Recognized from Contract Liability$29.0M$903.0M$147.0M$77.0M$46.0M$1.1B
Total revenue$21.9B$20.9B$21.1B$22.0B$24.3B$23.1B

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Dividends Declared (Per Share)$0.9$0.9$0.9$1.0$1.0$1.0
Common Stock Dividends$1.0B$1.0B$996.0M$987.0M$1.1B$1.1B
Net income$3.0B$3.0B$3.2B$2.7B$2.1B$2.5B
Common Stock Dividends$1.0B$1.0B$996.0M$987.0M$1.1B$1.1B

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$3.8B$3.8B$4.3B$3.5B$2.6B$3.3B
Income (Loss) from Continuing Operations Before Income Taxes, Domestic$3.7B$3.5B$3.5B$3.5B$3.5B—
Income (Loss) from Continuing Operations Before Income Taxes, Foreign$26.3M$65.8M$65.8M$65.8M$65.8M—

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Operating income$4.6B$4.8B$5.2B$4.5B$3.7B$4.5B