What is T-Mobile US's variable lease cost?

T-Mobile US (TMUS) reported variable lease cost of $77.00M in Q3 2025.

How has T-Mobile US's variable lease cost changed year-over-year?

T-Mobile US's variable lease cost increased by 14.9% year-over-year, from $67.00M to $77.00M.

What is the long-term trend for T-Mobile US's variable lease cost?

Over 2 years (2021 to 2023), T-Mobile US's variable lease cost has grown at a -2.1% compound annual growth rate (CAGR), from $429.00M to $411.00M.

What does variable lease cost mean?

Lease expenses that change based on usage or other performance-based factors.

Discontinued — last reported Q4 '25

Operating Expenses

Variable Lease Cost

T-Mobile US Variable Lease Cost increased by 14.9% to $77.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 14.9%, from $67.00M to $77.00M. Over 2 years (FY 2021 to FY 2023), Variable Lease Cost shows relatively stable performance with a -2.1% CAGR.

Analysis

StatementIncome Statement

SectionOperating Expenses

CategoryEfficiency

SignalContext dependent

VolatilityModerate

First reportedQ1 2019

Last reportedQ4 2025

How to read this metric

An increase suggests higher utilization of leased assets, which may correlate with increased production or sales volume.

Detailed definition

This metric captures lease payments that are not fixed but fluctuate based on usage, performance, or other indices. Unli...

Peer comparison

Reported as 'Variable Lease Payments' in the lease disclosure notes of most large-cap industrial companies.

Metric ID: is_wmt_variable_lease_cost

Historical Data

13 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q3 '24	Q3 '25
Value	$90.00M	$113.00M	$131.00M	$127.00M	$122.00M	$114.00M	$121.00M	$102.75M	$102.75M	$102.75M	$102.75M	$67.00M	$77.00M
QoQ Change	—	+25.6%	+15.9%	-3.1%	-3.9%	-6.6%	+6.1%	-15.1%	+0.0%	+0.0%	+0.0%	-34.8%	+14.9%
YoY Change	—	—	—	—	+35.6%	+0.9%	-7.6%	-19.1%	-15.8%	-9.9%	-15.1%	-34.8%	+14.9%

Range$67.00M – $131.00M

CAGR-5.1%

Avg YoY Growth-5.7%

Median YoY Growth-9.9%

Frequently Asked Questions

What is T-Mobile US's variable lease cost?: T-Mobile US (TMUS) reported variable lease cost of $77.00M in Q3 2025.
How has T-Mobile US's variable lease cost changed year-over-year?: T-Mobile US's variable lease cost increased by 14.9% year-over-year, from $67.00M to $77.00M.
What is the long-term trend for T-Mobile US's variable lease cost?: Over 2 years (2021 to 2023), T-Mobile US's variable lease cost has grown at a -2.1% compound annual growth rate (CAGR), from $429.00M to $411.00M.
What does variable lease cost mean?: Lease expenses that change based on usage or other performance-based factors.