T-Mobile US, Inc. (TMUS) Q2 FY2026 Financial Statements: Revenue $22.79B, Net income $3.24B
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PeriodQ2 FY2026
Published
T-Mobile US reported $22.79 billion in total revenue for Q2 FY2026, the quarter ended June 30, 2026, up 7.9% from a year earlier, with service revenue of $18.98 billion (up 8.9%) as the UScellular acquisition and the Metronet fiber venture enlarged the postpaid account base and postpaid ARPA rose. Net income was $3.24 billion, up 0.5%, while core adjusted EBITDA, a non-GAAP measure that excludes the UScellular merger-related and network restructuring costs net income bears, reached $9.54 billion, up 11.7%. Diluted EPS of $2.99 was up 5.3%, rising faster than net income because share repurchases reduced the average share count.
| Metric | Amount | vs. year ago |
|---|---|---|
| Revenue | $22,791,000,000 | up 7.9% |
| Net income | $3,239,000,000 | up 0.5% |
| Diluted EPS | $2.99 | up 5.3% |
| Service revenue | $18,983,000,000 | up 8.9% |
| Core adjusted EBITDA | $9,537,000,000 | up 11.7% |
About this file
| Ticker | TMUS |
|---|---|
| CIK | 0001283699 |
| Company | T-Mobile US, Inc. |
| Business type | telecom |
| Schema template | standard operating company, adapted for a wireless/broadband carrier: service and equipment revenue split, operating income, Adjusted EBITDA, total debt, and both GAAP and the company's Adjusted Free Cash Flow |
| Reporting currency | USD |
| Converted to USD | no |
| Units | actual dollars (not millions); share and customer counts are actual counts; per-share amounts and ARPA are in dollars; churn is a percentage |
TMUS annual income statement, balance sheet and cash flow
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Fiscal year | 2025 | 2024 | 2023 |
| Label | FY2025 | FY2024 | FY2023 |
| Period start | 2025-01-01 | 2024-01-01 | 2023-01-01 |
| Period end | 2025-12-31 | 2024-12-31 | 2023-12-31 |
| Period type | fiscal year | fiscal year | fiscal year |
| Source accession | 0001283699-26-000010 | 0001283699-26-000010 | 0001283699-26-000010 |
| Income statement | |||
| Postpaid revenues | 57,932,000,000 | 52,340,000,000 | 48,692,000,000 |
| Prepaid revenues | 10,497,000,000 | 10,399,000,000 | 9,767,000,000 |
| Wholesale and other service revenues | 2,877,000,000 | 3,439,000,000 | 4,782,000,000 |
| Total service revenues | 71,306,000,000 | 66,178,000,000 | 63,241,000,000 |
| Equipment revenues | 15,972,000,000 | 14,263,000,000 | 14,138,000,000 |
| Other revenues | 1,031,000,000 | 959,000,000 | 1,179,000,000 |
| Total revenues | 88,309,000,000 | 81,400,000,000 | 78,558,000,000 |
| Cost of services | 11,497,000,000 | 10,771,000,000 | 11,655,000,000 |
| Cost of equipment sales | 21,277,000,000 | 18,882,000,000 | 18,533,000,000 |
| Selling general and administrative | 23,470,000,000 | 20,818,000,000 | 21,311,000,000 |
| Gain on disposal group held for sale | 0 | 0 | -25,000,000 |
| Impairment expense | 278,000,000 | 0 | 0 |
| Depreciation and amortization | 13,508,000,000 | 12,919,000,000 | 12,818,000,000 |
| Total operating expenses | 70,030,000,000 | 63,390,000,000 | 64,292,000,000 |
| Operating income | 18,279,000,000 | 18,010,000,000 | 14,266,000,000 |
| Interest expense net | -3,774,000,000 | -3,411,000,000 | -3,335,000,000 |
| Other income expense net | -224,000,000 | 113,000,000 | 68,000,000 |
| Total other expense net | -3,998,000,000 | -3,298,000,000 | -3,267,000,000 |
| Income before income taxes | 14,281,000,000 | 14,712,000,000 | 10,999,000,000 |
| Income tax expense | -3,289,000,000 | -3,373,000,000 | -2,682,000,000 |
| Net income | 10,992,000,000 | 11,339,000,000 | 8,317,000,000 |
| Basic EPS | 9.75 | 9.7 | 7.02 |
| Diluted EPS | 9.72 | 9.66 | 6.93 |
| Basic shares | 1,127,984,348 | 1,169,195,373 | 1,185,121,562 |
| Diluted shares | 1,131,076,251 | 1,173,213,898 | 1,200,286,264 |
| Adjusted EBITDA | 33,937,000,000 | 31,864,000,000 | 29,428,000,000 |
| Core adjusted EBITDA | 33,924,000,000 | 31,771,000,000 | 29,116,000,000 |
| Cash flow | |||
| Net income | 10,992,000,000 | 11,339,000,000 | 8,317,000,000 |
| Depreciation and amortization | 13,508,000,000 | 12,919,000,000 | 12,818,000,000 |
| Stock based compensation expense | 829,000,000 | 649,000,000 | 667,000,000 |
| Deferred income tax expense | 2,864,000,000 | 3,120,000,000 | 2,600,000,000 |
| Bad debt expense | 1,370,000,000 | 1,192,000,000 | 898,000,000 |
| Operating cash flow | 27,950,000,000 | 22,293,000,000 | 18,559,000,000 |
| Capex | -9,955,000,000 | -8,840,000,000 | -9,801,000,000 |
| Purchases of spectrum licenses and other intangibles | -2,568,000,000 | -3,471,000,000 | -1,010,000,000 |
| Proceeds from sale of property equipment and intangibles | 2,168,000,000 | 99,000,000 | 153,000,000 |
| Acquisition of companies net of cash acquired | -3,523,000,000 | -373,000,000 | 0 |
| Investments in unconsolidated affiliates net | -4,056,000,000 | -18,000,000 | -7,000,000 |
| Net cash used in investing activities | -17,607,000,000 | -9,072,000,000 | -5,829,000,000 |
| Proceeds from issuance of long term debt net | 12,010,000,000 | 8,587,000,000 | 8,446,000,000 |
| Repayments of financing lease obligations | -1,252,000,000 | -1,367,000,000 | -1,227,000,000 |
| Repayments of long term debt | -6,199,000,000 | -5,073,000,000 | -5,051,000,000 |
| Repurchases of common stock | -9,974,000,000 | -11,228,000,000 | -13,074,000,000 |
| Dividends paid | -4,121,000,000 | -3,300,000,000 | -747,000,000 |
| Net cash used in financing activities | -10,081,000,000 | -12,815,000,000 | -12,097,000,000 |
| Adjusted free cash flow | 17,995,000,000 | 17,032,000,000 | 13,586,000,000 |
| Free cash flow | 17,995,000,000 | 13,453,000,000 | 8,758,000,000 |
| Operating metrics | |||
| Postpaid phone customers | 85,594,000 | 79,013,000 | 75,936,000 |
| Postpaid other customers | 30,851,000 | 25,105,000 | 22,116,000 |
| Total postpaid customers | 116,445,000 | 104,118,000 | 98,052,000 |
| Prepaid customers | 25,943,000 | 25,410,000 | 21,648,000 |
| Total customers | 142,388,000 | 129,528,000 | 119,700,000 |
| Postpaid phone net customer additions | 3,294,000 | 3,077,000 | 3,082,000 |
| Total postpaid net customer additions | 7,798,000 | 6,066,000 | 5,650,000 |
| Prepaid net customer additions | 184,000 | 258,000 | 282,000 |
| Total net customer additions | 7,982,000 | 6,324,000 | 5,932,000 |
| Postpaid arpa USD | 148.97 | 143.85 | 139.27 |
| Postpaid phone churn percent | 0.93 | 0.86 | 0.87 |
| Postpaid accounts | 34,240,000 | 30,894,000 | 29,797,000 |
| Postpaid net account additions | 1,180,000 | 1,097,000 | 1,271,000 |
| Balance sheet | |||
| Cash and cash equivalents | 5,598,000,000 | 5,409,000,000 | |
| Accounts receivable net | 4,874,000,000 | 4,276,000,000 | |
| Equipment installment plan receivables current | 4,997,000,000 | 4,379,000,000 | |
| Inventory | 2,405,000,000 | 1,607,000,000 | |
| Prepaid expenses | 1,215,000,000 | 880,000,000 | |
| Other current assets | 5,372,000,000 | 1,853,000,000 | |
| Total current assets | 24,461,000,000 | 18,404,000,000 | |
| Property and equipment net | 38,333,000,000 | 38,533,000,000 | |
| Operating lease right of use assets | 25,692,000,000 | 25,398,000,000 | |
| Financing lease right of use assets | 2,760,000,000 | 3,091,000,000 | |
| Goodwill | 13,678,000,000 | 13,005,000,000 | |
| Spectrum licenses | 98,032,000,000 | 100,558,000,000 | |
| Other intangible assets net | 3,843,000,000 | 2,512,000,000 | |
| Equipment installment plan receivables noncurrent | 2,683,000,000 | 2,209,000,000 | |
| Other assets | 9,755,000,000 | 4,325,000,000 | |
| Total assets | 219,237,000,000 | 208,035,000,000 | |
| Accounts payable and accrued liabilities | 10,280,000,000 | 8,463,000,000 | |
| Short term debt | 5,135,000,000 | 4,068,000,000 | |
| Deferred revenue | 1,533,000,000 | 1,222,000,000 | |
| Short term operating lease liabilities | 3,814,000,000 | 3,281,000,000 | |
| Short term financing lease liabilities | 1,163,000,000 | 1,175,000,000 | |
| Other current liabilities | 2,575,000,000 | 1,965,000,000 | |
| Total current liabilities | 24,500,000,000 | 20,174,000,000 | |
| Long term debt | 79,649,000,000 | 72,700,000,000 | |
| Long term debt to affiliates | 1,498,000,000 | 1,497,000,000 | |
| Tower obligations | 3,532,000,000 | 3,664,000,000 | |
| Deferred tax liabilities | 19,583,000,000 | 16,700,000,000 | |
| Operating lease liabilities noncurrent | 26,371,000,000 | 26,408,000,000 | |
| Financing lease liabilities noncurrent | 1,107,000,000 | 1,151,000,000 | |
| Other long term liabilities | 3,794,000,000 | 4,000,000,000 | |
| Total long term liabilities | 135,534,000,000 | 126,120,000,000 | |
| Total liabilities | 160,034,000,000 | 146,294,000,000 | |
| Additional paid in capital | 69,460,000,000 | 68,798,000,000 | |
| Treasury stock at cost | -30,545,000,000 | -20,584,000,000 | |
| Accumulated other comprehensive loss | -848,000,000 | -857,000,000 | |
| Retained earnings | 21,136,000,000 | 14,384,000,000 | |
| Total stockholders equity | 59,203,000,000 | 61,741,000,000 | |
| Total debt | 86,282,000,000 | 78,265,000,000 | |
| Shares outstanding | 1,106,930,661 | 1,144,579,681 | |
TMUS quarterly income statement, balance sheet and cash flow
| Q2 2026 | Q2 2025 | |
|---|---|---|
| Label | Q2 2026 | Q2 2025 |
| Fiscal year | 2026 | 2025 |
| Fiscal quarter | 2 | 2 |
| Period start | 2026-04-01 | 2025-04-01 |
| Period end | 2026-06-30 | 2025-06-30 |
| Period type | three months | three months |
| Source accession | 0001283699-26-000101 | 0001283699-26-000101 |
| Income statement | ||
| Postpaid revenues | 15,853,000,000 | 14,078,000,000 |
| Prepaid revenues | 2,473,000,000 | 2,643,000,000 |
| Wholesale and other service revenues | 657,000,000 | 717,000,000 |
| Total service revenues | 18,983,000,000 | 17,438,000,000 |
| Equipment revenues | 3,524,000,000 | 3,439,000,000 |
| Other revenues | 284,000,000 | 255,000,000 |
| Total revenues | 22,791,000,000 | 21,132,000,000 |
| Cost of services | 2,978,000,000 | 2,717,000,000 |
| Cost of equipment sales | 5,055,000,000 | 4,659,000,000 |
| Selling general and administrative | 5,834,000,000 | 5,397,000,000 |
| Depreciation and amortization | 3,434,000,000 | 3,146,000,000 |
| Total operating expenses | 17,301,000,000 | 15,919,000,000 |
| Operating income | 5,490,000,000 | 5,213,000,000 |
| Interest expense net | -1,055,000,000 | -922,000,000 |
| Other income expense net | -107,000,000 | -11,000,000 |
| Total other expense net | -1,162,000,000 | -933,000,000 |
| Income before income taxes | 4,328,000,000 | 4,280,000,000 |
| Income tax expense | -1,089,000,000 | -1,058,000,000 |
| Net income | 3,239,000,000 | 3,222,000,000 |
| Basic EPS | 2.99 | 2.84 |
| Diluted EPS | 2.99 | 2.84 |
| Basic shares | 1,081,771,279 | 1,132,760,465 |
| Diluted shares | 1,082,409,636 | 1,134,846,966 |
| Adjusted EBITDA | 9,537,000,000 | 8,547,000,000 |
| Core adjusted EBITDA | 9,537,000,000 | 8,541,000,000 |
| Cash flow | ||
| Net income | 3,239,000,000 | 3,222,000,000 |
| Depreciation and amortization | 3,434,000,000 | 3,146,000,000 |
| Stock based compensation expense | 214,000,000 | 200,000,000 |
| Deferred income tax expense | 893,000,000 | 937,000,000 |
| Bad debt expense | 398,000,000 | 265,000,000 |
| Operating cash flow | 7,500,000,000 | 6,992,000,000 |
| Capex | -2,703,000,000 | -2,396,000,000 |
| Purchases of spectrum licenses and other intangibles | -484,000,000 | -842,000,000 |
| Proceeds from sale of property equipment and intangibles | 16,000,000 | 2,066,000,000 |
| Acquisition of companies net of cash acquired | 0 | 1,000,000 |
| Investments in unconsolidated affiliates net | -3,000,000 | -908,000,000 |
| Net cash used in investing activities | -3,052,000,000 | -1,559,000,000 |
| Proceeds from issuance of long term debt net | -5,000,000 | -6,000,000 |
| Repayments of financing lease obligations | -360,000,000 | -331,000,000 |
| Repayments of long term debt | -1,336,000,000 | -3,257,000,000 |
| Repurchases of common stock | -2,320,000,000 | -2,555,000,000 |
| Dividends paid | -1,101,000,000 | -996,000,000 |
| Net cash used in financing activities | -5,182,000,000 | -7,205,000,000 |
| Adjusted free cash flow | 4,797,000,000 | 4,596,000,000 |
| Free cash flow | 4,797,000,000 | 4,596,000,000 |
| Operating metrics | ||
| Postpaid accounts | 34,700,000 | 31,502,000 |
| Postpaid net account additions | 277,000 | 318,000 |
| Postpaid account churn percent | 0.99 | 0.92 |
| Postpaid arpa USD | 152.91 | 149.87 |
| Balance sheet | ||
| Cash and cash equivalents | 2,825,000,000 | |
| Accounts receivable net | 5,247,000,000 | |
| Equipment installment plan receivables current | 4,715,000,000 | |
| Inventory | 2,191,000,000 | |
| Prepaid expenses | 1,027,000,000 | |
| Other current assets | 5,764,000,000 | |
| Total current assets | 21,769,000,000 | |
| Property and equipment net | 36,623,000,000 | |
| Operating lease right of use assets | 24,596,000,000 | |
| Financing lease right of use assets | 2,994,000,000 | |
| Goodwill | 13,667,000,000 | |
| Spectrum licenses | 98,178,000,000 | |
| Other intangible assets net | 3,295,000,000 | |
| Equipment installment plan receivables noncurrent | 2,458,000,000 | |
| Other assets | 9,973,000,000 | |
| Total assets | 213,553,000,000 | |
| Accounts payable and accrued liabilities | 8,774,000,000 | |
| Short term debt | 6,117,000,000 | |
| Deferred revenue | 1,439,000,000 | |
| Short term operating lease liabilities | 3,620,000,000 | |
| Short term financing lease liabilities | 1,178,000,000 | |
| Other current liabilities | 2,426,000,000 | |
| Total current liabilities | 23,554,000,000 | |
| Long term debt | 78,504,000,000 | |
| Long term debt to affiliates | 0 | |
| Tower obligations | 3,461,000,000 | |
| Deferred tax liabilities | 21,225,000,000 | |
| Operating lease liabilities noncurrent | 25,438,000,000 | |
| Financing lease liabilities noncurrent | 1,121,000,000 | |
| Other long term liabilities | 3,985,000,000 | |
| Total long term liabilities | 133,734,000,000 | |
| Total liabilities | 157,288,000,000 | |
| Additional paid in capital | 69,879,000,000 | |
| Treasury stock at cost | -37,667,000,000 | |
| Accumulated other comprehensive loss | -635,000,000 | |
| Retained earnings | 24,688,000,000 | |
| Total stockholders equity | 56,265,000,000 | 61,107,000,000 |
| Total debt | 84,621,000,000 | |
| Shares outstanding | 1,074,817,571 | 1,127,450,618 |
TMUS year-to-date income statement and cash flow
| Six months ended June 30, 2026 | |
|---|---|
| Label | Six months ended June 30, 2026 |
| Period start | 2026-01-01 |
| Period end | 2026-06-30 |
| Period type | six months |
| Source accession | 0001283699-26-000101 |
| Prior year comparative | |
| Label | Six months ended June 30, 2025 |
| Period start | 2025-01-01 |
| Period end | 2025-06-30 |
| Period type | six months |
| Source accession | 0001283699-26-000101 |
| Income statement | |
| Postpaid revenues | 27,672,000,000 |
| Prepaid revenues | 5,286,000,000 |
| Wholesale and other service revenues | 1,405,000,000 |
| Total service revenues | 34,363,000,000 |
| Equipment revenues | 7,143,000,000 |
| Other revenues | 512,000,000 |
| Total revenues | 42,018,000,000 |
| Cost of services | 5,319,000,000 |
| Cost of equipment sales | 9,457,000,000 |
| Selling general and administrative | 10,885,000,000 |
| Depreciation and amortization | 6,344,000,000 |
| Total operating expenses | 32,005,000,000 |
| Operating income | 10,013,000,000 |
| Interest expense net | -1,838,000,000 |
| Other income expense net | -57,000,000 |
| Total other expense net | -1,895,000,000 |
| Income before income taxes | 8,118,000,000 |
| Income tax expense | -1,943,000,000 |
| Net income | 6,175,000,000 |
| Basic EPS | 5.43 |
| Diluted EPS | 5.42 |
| Basic shares | 1,136,627,715 |
| Diluted shares | 1,139,770,739 |
| Adjusted EBITDA | 16,806,000,000 |
| Core adjusted EBITDA | 16,799,000,000 |
| Cash flow | |
| Net income | 6,175,000,000 |
| Depreciation and amortization | 6,344,000,000 |
| Stock based compensation expense | 386,000,000 |
| Deferred income tax expense | 1,708,000,000 |
| Bad debt expense | 588,000,000 |
| Operating cash flow | 13,839,000,000 |
| Capex | -4,847,000,000 |
| Purchases of spectrum licenses and other intangibles | -915,000,000 |
| Proceeds from sale of property equipment and intangibles | 2,073,000,000 |
| Acquisition of companies net of cash acquired | -726,000,000 |
| Investments in unconsolidated affiliates net | -983,000,000 |
| Net cash used in investing activities | -4,968,000,000 |
| Proceeds from issuance of long term debt net | 7,768,000,000 |
| Repayments of financing lease obligations | -646,000,000 |
| Repayments of long term debt | -3,736,000,000 |
| Repurchases of common stock | -5,049,000,000 |
| Dividends paid | -1,999,000,000 |
| Net cash used in financing activities | -4,012,000,000 |
| Adjusted free cash flow | 8,992,000,000 |
| Free cash flow | 8,992,000,000 |
| Operating metrics | |
| Postpaid net account additions | 523,000 |
| Postpaid account churn percent | 0.93 |
| Postpaid arpa USD | 148.06 |
| Income statement | |
| Postpaid revenues | 31,482,000,000 |
| Prepaid revenues | 4,990,000,000 |
| Wholesale and other service revenues | 1,342,000,000 |
| Total service revenues | 37,814,000,000 |
| Equipment revenues | 7,520,000,000 |
| Other revenues | 564,000,000 |
| Total revenues | 45,898,000,000 |
| Cost of services | 6,317,000,000 |
| Cost of equipment sales | 10,543,000,000 |
| Selling general and administrative | 11,800,000,000 |
| Depreciation and amortization | 7,251,000,000 |
| Total operating expenses | 35,911,000,000 |
| Operating income | 9,987,000,000 |
| Interest expense net | -2,086,000,000 |
| Other income expense net | -239,000,000 |
| Total other expense net | -2,325,000,000 |
| Income before income taxes | 7,662,000,000 |
| Income tax expense | -1,919,000,000 |
| Net income | 5,743,000,000 |
| Basic EPS | 5.26 |
| Diluted EPS | 5.26 |
| Basic shares | 1,090,922,014 |
| Diluted shares | 1,092,356,249 |
| Adjusted EBITDA | 18,778,000,000 |
| Core adjusted EBITDA | 18,777,000,000 |
| Cash flow | |
| Net income | 5,743,000,000 |
| Depreciation and amortization | 7,251,000,000 |
| Stock based compensation expense | 423,000,000 |
| Deferred income tax expense | 1,575,000,000 |
| Bad debt expense | 824,000,000 |
| Operating cash flow | 14,722,000,000 |
| Capex | -5,326,000,000 |
| Purchases of spectrum licenses and other intangibles | -510,000,000 |
| Proceeds from sale of property equipment and intangibles | 111,000,000 |
| Acquisition of companies net of cash acquired | -1,000,000 |
| Investments in unconsolidated affiliates net | -3,000,000 |
| Net cash used in investing activities | -5,901,000,000 |
| Proceeds from issuance of long term debt net | 6,393,000,000 |
| Repayments of financing lease obligations | -664,000,000 |
| Repayments of long term debt | -7,771,000,000 |
| Repurchases of common stock | -7,146,000,000 |
| Dividends paid | -2,221,000,000 |
| Net cash used in financing activities | -11,622,000,000 |
| Adjusted free cash flow | 9,396,000,000 |
| Free cash flow | 9,396,000,000 |
| Operating metrics | |
| Postpaid net account additions | 494,000 |
| Postpaid account churn percent | 1.02 |
| Postpaid arpa USD | 152.42 |
TMUS trailing twelve month income statement and cash flow
| Trailing twelve months ended June 30, 2026 | |
|---|---|
| Label | Trailing twelve months ended June 30, 2026 |
| Period start | 2025-07-01 |
| Period end | 2026-06-30 |
| Period type | trailing twelve months |
| Source accession | 0001283699-26-000010; 0001283699-26-000101 |
| Derivation | the year ended December 31, 2025 plus the six months ended June 30, 2026 less the six months ended June 30, 2025 |
| Income statement | |
| Postpaid revenues | 61,742,000,000 |
| Prepaid revenues | 10,201,000,000 |
| Wholesale and other service revenues | 2,814,000,000 |
| Total service revenues | 74,757,000,000 |
| Equipment revenues | 16,349,000,000 |
| Other revenues | 1,083,000,000 |
| Total revenues | 92,189,000,000 |
| Cost of services | 12,495,000,000 |
| Cost of equipment sales | 22,363,000,000 |
| Selling general and administrative | 24,385,000,000 |
| Impairment expense | 278,000,000 |
| Depreciation and amortization | 14,415,000,000 |
| Total operating expenses | 73,936,000,000 |
| Operating income | 18,253,000,000 |
| Interest expense net | -4,022,000,000 |
| Other income expense net | -406,000,000 |
| Total other expense net | -4,428,000,000 |
| Income before income taxes | 13,825,000,000 |
| Income tax expense | -3,265,000,000 |
| Net income | 10,560,000,000 |
| Adjusted EBITDA | 35,909,000,000 |
| Core adjusted EBITDA | 35,902,000,000 |
| Cash flow | |
| Net income | 10,560,000,000 |
| Depreciation and amortization | 14,415,000,000 |
| Stock based compensation expense | 866,000,000 |
| Deferred income tax expense | 2,731,000,000 |
| Bad debt expense | 1,606,000,000 |
| Operating cash flow | 28,833,000,000 |
| Capex | -10,434,000,000 |
| Purchases of spectrum licenses and other intangibles | -2,163,000,000 |
| Net cash used in investing activities | -18,540,000,000 |
| Repurchases of common stock | -12,071,000,000 |
| Dividends paid | -4,343,000,000 |
| Net cash used in financing activities | -17,691,000,000 |
| Free cash flow | 18,399,000,000 |
| Adjusted free cash flow | 18,399,000,000 |
Adjustments
| Value | |
|---|---|
| Splits applied | none |
| ADR ratio | n/a |
| FX | none - the company reports in U.S. dollars |
Notes
- All figures are taken from two filings: T-Mobile US, Inc.'s Form 10-K for the year ended December 31, 2025 (accession 0001283699-26-000010, filed February 11, 2026) and its Form 10-Q for the quarter ended June 30, 2026 (accession 0001283699-26-000101, filed July 23, 2026). These figures cover exactly the periods those two filings print on the face of their statements, and nothing else.
- The 10-K's income statement and cash flow statement each present three years (2025, 2024 and 2023), so all three are here. Its balance sheet presents two dates (December 31, 2025 and December 31, 2024), so FY2023 carries no balance sheet.
- The 10-Q prints discrete three-month columns alongside its six-month columns for both the income statement and the cash flow statement. Every quarterly figure here is therefore a figure the filing itself prints for a three-month period - nothing was obtained by subtracting one cumulative column from another.
- The six-month columns are reported separately under 'year_to_date', with the prior-year six-month column nested inside it as its own period. They are not quarters and are deliberately kept out of the quarterly list.
- The 10-Q's condensed balance sheet presents June 30, 2026 and December 31, 2025 only. There is no June 30, 2025 balance sheet in it, so the Q2 2025 entry carries only the two June 30, 2025 amounts the filing does print - total stockholders' equity of $61.107 billion and 1,127,450,618 shares outstanding, both from the condensed consolidated statement of stockholders' equity - and no asset or liability detail.
- 'total_liabilities' is the sum of the two subtotals the balance sheet prints, Total current liabilities and Total long-term liabilities; the statement itself shows no combined total liabilities line. Assets equal that sum plus total stockholders' equity in every period shown.
- 'total_debt' is the amount the debt notes label Total debt (Note 9 in the 10-K, Note 8 in the 10-Q): short-term debt plus long-term debt plus long-term debt to affiliates. It excludes tower obligations and finance lease liabilities, which the balance sheet reports on separate lines and which are carried here under their own names. Total debt was $84.621 billion at June 30, 2026, against $86.282 billion at December 31, 2025 and $78.265 billion at December 31, 2024.
- The $1.498 billion of long-term debt to affiliates outstanding at December 31, 2025 was repaid during the first half of 2026; the June 30, 2026 balance is nil.
- 'free_cash_flow' is net cash provided by operating activities less cash purchases of property and equipment, on the same basis in every period. T-Mobile also publishes its own non-GAAP Adjusted Free Cash Flow, which adds back proceeds from sales of tower sites and proceeds related to beneficial interests in securitization transactions; that measure is carried separately as 'adjusted_free_cash_flow'. The two agree for FY2025 and for every 2025 and 2026 interim period here because those add-backs were nil, but they differ for FY2024 ($13.453 billion versus $17.032 billion) and FY2023 ($8.758 billion versus $13.586 billion), when the securitization proceeds were substantial.
- 'adjusted_ebitda' and 'core_adjusted_ebitda' are the company's own non-GAAP measures, taken from the reconciliations to net income in each filing's Management's Discussion and Analysis. Core Adjusted EBITDA is Adjusted EBITDA excluding lease revenues.
- The trailing-twelve-month block is arithmetic, not a column either filing prints: the year ended December 31, 2025 plus the six months ended June 30, 2026 less the six months ended June 30, 2025. It shows no per-share amounts and no share count, because weighted-average share counts cannot be added across periods. Its impairment expense of $278 million is the FY2025 amount: the 10-Q's four operating-expense lines sum exactly to its total operating expenses in both six-month columns, so neither six-month period includes any impairment expense.
- Operating measures come on two different bases here, and the two are not interchangeable. The FY2025 10-K reports both: ending postpaid accounts and postpaid net account additions for 2025, 2024 and 2023, and ending customers and net customer additions for the same three years. The 10-K also states that starting with the three months ending March 31, 2026 the company will shift away from reporting total customers - including total postpaid, postpaid phone, prepaid and broadband customers - and will correspondingly no longer report postpaid phone ARPU or prepaid ARPU. The Q2 2026 10-Q reports account measures only: ending postpaid accounts, postpaid net account additions, postpaid account churn and postpaid ARPA. The annual periods here therefore carry both the customer measures the 10-K reports and the account measures it reports, while the quarterly and year-to-date periods carry account measures alone. An account is a billing account number that generates revenue and a customer is a SIM number with a unique identifier associated with an account, so account counts and customer counts measure different things and must not be charted or compared against each other. Postpaid ARPA (average monthly postpaid service revenue per account) is reported on the same basis throughout.
- The 10-K attributes the bulk of FY2025's revenue and customer growth to acquisitions - the UScellular wireless business, Metronet, Lumos, Ka'ena, Vistar and Blis - which limits how much of the year-over-year change in the annual periods is organic.
- Per-share amounts are as the filings print them. The company reports in U.S. dollars, is not an American Depositary Receipt issuer, and has had no stock split in the period covered, so no currency, depositary-ratio or split adjustment was applied.
Uncertainties
- Q2 2025 has no complete balance sheet, because the Q2 2026 10-Q does not present one at June 30, 2025. Only total stockholders' equity and shares outstanding at that date are shown, both read off the statement of stockholders' equity.
- FY2023 has no balance sheet at all: the FY2025 10-K's balance sheet presents only December 31, 2025 and December 31, 2024.
- Total liabilities is derived by adding the two subtotals the balance sheet prints, not read off a printed line.
- The trailing-twelve-month figures are derived by arithmetic across the two filings and appear in neither of them as a reported column. The treatment of impairment expense in that block rests on the 10-Q's operating-expense lines summing exactly to its printed total, which they do, rather than on an explicit statement that no impairment was recognized in the first half of either year.
- Postpaid ARPA and postpaid account churn are ratios and are not additive, so no trailing-twelve-month value is given for either. The year-to-date values are the six-month figures the 10-Q prints, not an average of the two quarters.
- Adjusted EBITDA, Core Adjusted EBITDA and Adjusted Free Cash Flow are the company's own definitions of non-GAAP measures and are not comparable to similarly named measures published by other carriers.
Company details
| Value | |
|---|---|
| Name | T-Mobile US, Inc. |
| Ticker | TMUS |
| CIK | 0001283699 |
| Exchange | Nasdaq |
| State | Washington |
| Incorporation | Delaware |
| SIC | 4812 |
| Office | Technology |
| Industry | Radiotelephone Communications |
Fiscal period
| FY2026 | |
|---|---|
| Fiscal year | 2026 |
| Fiscal period | Q2 |
| Tag | FY26Q2 |
| Period end | 2026-06-30 |
| Form | 10-Q |
| Accession | 0001283699-26-000101 |
| Fiscal year end | 1231 |
| Source | facts |
Source filings
| Role | Current | Form | Fiscal year | Fiscal period | Tag | Period end | Filed | Accession | Url | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| annual | no | 10-K | 2025 | FY | FY25 | 2025-12-31 | 2026-02-11 | 0001283699-26-000010 | https://www.sec.gov/Archives/edgar/data/1283699/000128369926000010/0001283699-26-000010-index.htm | reported |
| quarterly | yes | 10-Q | 2026 | Q2 | FY26Q2 | 2026-06-30 | 2026-07-23 | 0001283699-26-000101 | https://www.sec.gov/Archives/edgar/data/1283699/000128369926000101/0001283699-26-000101-index.htm | facts |
FAQ · T-Mobile US financial statements
How much revenue did T-Mobile report in Q2 FY2026?
T-Mobile US reported $22.79 billion in total revenue for Q2 FY2026, the quarter ended June 30, 2026, up 7.9% from $21.13 billion a year earlier. Service revenue, the recurring part of the top line, was $18.98 billion, up 8.9%.
What was T-Mobile's net income in Q2 FY2026?
T-Mobile US earned $3.24 billion in net income in Q2 FY2026, the quarter ended June 30, 2026, up 0.5% from $3.22 billion in the same quarter a year earlier.
What was T-Mobile's earnings per share in Q2 FY2026?
T-Mobile US reported diluted earnings per share of $2.99 for Q2 FY2026, up 5.3% from $2.84 a year earlier. The per-share gain outpaced net income growth because share repurchases reduced the diluted share count.
Why was T-Mobile's net income flat in Q2 FY2026 when EBITDA grew?
T-Mobile US held net income roughly steady at $3.24 billion in Q2 FY2026 while core adjusted EBITDA, the company's non-GAAP profitability measure, reached $9.54 billion, up 11.7%. Higher depreciation and amortization on UScellular assets and the continued 5G build-out, higher net interest expense, and T-Mobile's share of losses from the Lumos and Metronet fiber joint ventures account for part of the difference, and the non-GAAP measure also excludes the UScellular merger-related and network restructuring costs net income bears.
Where can I get T-Mobile US, Inc. (TMUS) financial data in machine-readable form?
Ticker Scout publishes T-Mobile US, Inc.'s financial statements as JSON at https://tickerscout.ai/tmus/financials.json, free, with no API key and no signup. The 10-K and 10-Q narrative and the 8-K events digest are published as Markdown at https://tickerscout.ai/tmus/narrative.md and https://tickerscout.ai/tmus/events.md. T-Mobile US, Inc.'s SEC CIK is 0001283699. Every figure cites the SEC accession number it came from, so it can be checked against sec.gov.
When does T-Mobile US, Inc. (TMUS) next file with the SEC?
T-Mobile US, Inc. (TMUS) is expected to file its next Form 10-Q with the SEC on or around October 22, 2026. That date is a projection rather than a company-announced date: it is derived from T-Mobile US, Inc.'s own filing history with the SEC, by taking the date the company filed the same fiscal period a year earlier and adding 52 weeks. The most recent periodic report on file is the 10-Q for Q2 FY2026, the period ended 2026-06-30, SEC accession 0001283699-26-000101.
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How this page was built
This page was built from two of T-Mobile US, Inc.'s own filings with the SEC, read one at a time. Nothing on it is taken from a pre-tagged dataset, a data vendor or another website. The figures are on the company's own fiscal calendar and in actual dollars, as the filings report them. Where the filings do not support a figure, the record says so instead of reporting a zero; this period names six such gaps.
A single company files thousands of pages with the SEC in a year, and no two companies file them the same way, so the reading and the assembly here are done by AI rather than by rules that break on the differences. Every pass is then audited back against the filings it came from before the page is published, and anything the filings do not support is left out and named rather than filled in. AI can still make mistakes. That is why the accession numbers are printed: the filing is the authority, and this page is a route to it.
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Built from T-Mobile US, Inc.'s SEC filings by Ticker Scout; accession numbers are cited throughout so every figure can be checked against sec.gov. Free to cite with attribution: Ticker Scout (tickerscout.ai). Not investment advice, see the Disclaimer.