T-Mobile US, Inc.
Explore T-Mobile US
Core profile pages, annual revenue records, and related research hubs for this company.
T-Mobile US, Inc.
Explore T-Mobile US
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$88.309B
Market Cap
$206.4B
Net Income
$11.0B
Employees
75,000
T-Mobile reported $88.309 billion in 2025 revenue, up from $81.400 billion in 2024 and $78.558 billion in 2023. Net income was $10.992 billion, operating income was $18.279 billion, net cash from operating activities was $28.0 billion, and adjusted free cash flow was $18.0 billion. The post-Sprint cost base and network integration continue to drive margin improvement.
Revenue Trend Analysis
YoY Change
+8.5%
2-Year CAGR
+6%
Peak Year
2025
Trend
Consistent Growth
T-Mobile US, Inc. has reported revenue across 3 fiscal years, compounding at +6% annually over 2 years. The most recent year saw a 8.5% increase versus the prior year. Revenue peaked in 2025 at $88.3B. Out of 2 reported periods, 2 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $88.3B | $11.0B | +8.5% |
| FY2024 | $81.4B | — | +3.6% |
| FY2023 | $78.6B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Following the massive Sprint merger, T-Mobile generates absolutely staggering, highly reliable revenue, consistently reporting roughly $80 billion annually, driven almost entirely by recurring US wireless subscriptions.
The completion of the 5G build-out. Building a 5G network requires incredibly terrifying billions in Capital Expenditure (CapEx). Because T-Mobile finished their massive 5G build-out years before Verizon, their CapEx dropped massively. This means almost all incoming revenue instantly converts into massive, highly lucrative Free Cash Flow.
Yes, an absolute Wall Street frenzy. With their incredibly massive free cash flow, T-Mobile authorized highly aggressive, multi-billion dollar stock buyback programs. In 2023 alone, they authorized nearly $20 billion in buybacks, aggressively reducing the number of shares and heavily driving up the stock price.
Yes, a massive, historic shift. For years, T-Mobile fiercely refused to pay a dividend, insisting they were a 'growth' tech company. In late 2023, possessing more cash than they could spend, they highly significantly initiated their first-ever quarterly dividend, completely validating their status as a mature telecom titan.
Yes, but highly manageable. Acquiring Sprint and buying massive 5G spectrum auctions required taking on massive billions in corporate debt. However, because their recurring monthly revenue is so incredibly reliable, Wall Street credit agencies view their debt load as highly secure and totally manageable.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "T-Mobile US, Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/t-mobile/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>T-Mobile US, Inc. reported $88B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/t-mobile/financials" target="_blank" rel="noopener">CorpDigest — T-Mobile US, Inc. financials</a></div>