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T-Mobile US TMUS Wholesale and other service revenues — Total revenues

Other product segments

Postpaid revenues
$15.63B+15.0%
Equipment revenues
$4B+7.9%
Prepaid revenues
$2.52B-4.8%

Similar metrics at other companies

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CHTRMobile service — REVENUES
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PAGWholesale — Revenue
$4.8M+76.1%
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LUMNWholesale — OPERATING REVENUE
$922M-6.2%
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CHTRMobile — REVENUES
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CNP
CNPWholesale electric sales — Revenue
$4.75M+375%
Eversource Energy logo
ESWholesale Market Sales Revenues — Revenue from Contract with Customer, Including Assessed Tax
$581.7M+41.5%

Other financials

Income statement

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Revenue$23.1B+10.6%
Operating income$4.5B-6.3%
Net income$2.5B-15.2%
EPS (diluted)$2.27-12.0%

Balance sheet

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Cash & equivalents$3.9B-68.3%
Total debt$33.9B-14.7%
Total equity$55.9B-8.6%
Total assets$214.67B0.0%

Cash flow

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Operating cash flow$7.2B+5.5%
CapEx$2.6B+7.0%
Free cash flow$4.6B+4.6%

Valuation

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Market cap$196.6B-24.0%
Enterprise value$226.61B-21.2%
P/E18.7×-3.1×
P/S2.2×-1.0×

Profitability

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Gross margin72%
Operating margin19.9%-2.9pp
Net margin11.6%-2.8pp
FCF margin20.1%+1.5pp

Returns & leverage

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Return on equity18%-1.3pp
Debt / equity0.6×0.0×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by T-Mobile US in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: T-Mobile US’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is T-Mobile US's wholesale and other service revenues — total revenues?
T-Mobile US (TMUS) reported wholesale and other service revenues — total revenues of $685M in Q1 2026.
How has T-Mobile US's wholesale and other service revenues — total revenues changed year-over-year?
T-Mobile US's wholesale and other service revenues — total revenues decreased by 0.4% year-over-year, from $688M to $685M.
What is the long-term trend for T-Mobile US's wholesale and other service revenues — total revenues?
Over 4 years (2021 to 2025), T-Mobile US's wholesale and other service revenues — total revenues has grown at a -17.0% compound annual growth rate (CAGR), from $6.07B to $2.88B.
What does wholesale and other service revenues — total revenues mean?
Revenue earned from providing network access and services to other companies rather than directly to retail customers.
How do you interpret wholesale and other service revenues — total revenues?
An increase suggests successful monetization of excess network capacity or growth in wholesale partnerships, while a decrease may indicate pricing pressure in the wholesale market or a shift in strategic focus toward retail channels.
How does wholesale and other service revenues — total revenues compare across companies?
Peers typically report this under wholesale, MVNO, or carrier services revenue, with variations depending on the scale of their wholesale business model.