T-Mobile US Business Segments — Lease expense increased by 13.6% to $1.58B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 31.1%, from $1.21B to $1.58B. Over 3 years (FY 2022 to FY 2025), Business Segments — Lease expense shows a downward trend with a -9.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase often reflects network expansion or rising real estate costs, while a decrease may indicate lease renegotiations or asset consolidation.
Represents the costs incurred for leasing network infrastructure, such as cell sites, towers, and retail store locations...
Highly comparable across telecom operators with significant tower and retail lease portfolios.
tmusz_segment_wireless_lease_expense| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.75B | $1.75B | $1.75B | $1.75B | $1.35B | $1.35B | $1.35B | $1.35B | $1.27B | $1.26B | $1.27B | $1.27B | $1.21B | $1.26B | $1.34B | $1.39B | $1.58B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -22.9% | +0.0% | +0.0% | +0.0% | -6.0% | -0.9% | +1.0% | +0.1% | -5.0% | +4.2% | +6.5% | +3.9% | +13.6% |
| YoY Change | — | — | — | — | -22.9% | -22.9% | -22.9% | -22.9% | -6.0% | -6.9% | -5.9% | -5.8% | -4.8% | +0.1% | +5.5% | +9.5% | +31.1% |