T-Mobile US, Inc. (TMUS) income statement
NASDAQ · Communication Services · Telecommunications Services · 75,000 employees · CEO Srinivasan Gopalan
- Price
- $156.44 +6.21%
- Market cap
- $166B
- Enterprise value
- $278B
- Last report
- Q3 '26 filed 2026-10-28
- Next report
- 2027-02-10 EPS est. $2.64
T-Mobile US, Inc. (TMUS) reported revenue of $23.6B for Q3 '26 (+7.4% year on year), operating income of $5.81B (24.6% of revenue) and net income of $3.46B. Over the last four quarters revenue was $93.8B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $20.5B | $19.6B | $19.8B | $20.2B | $21.9B | $20.9B | $21.1B | $22B | $24.3B | $23.1B | $22.8B | $23.6B | |
| Cost of revenue | $8.4B | $7.09B | $6.75B | $7.03B | $8.79B | $7.4B | $7.38B | $11.1B | $14B | $8.83B | $8.03B | $11.9B | |
| Gross profit | $12.1B | $12.5B | $13B | $13.1B | $13.1B | $13.5B | $13.8B | $10.8B | $10.3B | $14.3B | $14.8B | $11.7B | |
| Research & development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $278M | $0 | $0 | $0 | |
| Sales & marketing | $0 | $0 | $0 | $0 | $0 | $0 | $864M | $0 | $1.09B | $0 | $0 | $0 | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $4.53B | $0 | $5.08B | $5.97B | $0 | $0 | |
| Other operating expenses | $3.32B | $3.37B | $3.25B | $3.15B | $3.15B | $3.2B | $3.15B | -$54M | $26M | $3.82B | $3.44B | -$152M | |
| Operating expenses | $8.6B | $8.51B | $8.39B | $8.34B | $8.5B | $8.69B | $8.54B | $5.96B | $6.47B | $9.78B | $9.27B | $5.87B | |
| Operating income | $3.48B | $4B | $4.63B | $4.8B | $4.59B | $4.8B | $5.21B | $4.86B | $3.86B | $4.5B | $5.49B | $5.81B | |
| Interest expense | $849M | $880M | $854M | $836M | $841M | $916M | $922M | $860M | $947M | $1.03B | $1.06B | $961M | |
| Other non-operating income (gains on investments, FX ...) | -$12M | -$20M | $8M | -$7M | -$94M | $46M | $11M | $474M | $282M | $1.28B | $107M | $0 | |
| Total non-operating income | -$837M | -$860M | -$862M | -$829M | -$747M | -$962M | -$933M | -$1.33B | -$1.23B | -$1.16B | -$1.16B | -$1.27B | |
| Income before tax | $2.64B | $3.14B | $3.77B | $3.97B | $3.84B | $3.84B | $4.28B | $3.53B | $2.64B | $3.33B | $4.33B | $4.54B | |
| Income tax | $629M | $764M | $843M | $908M | $858M | $885M | $1.06B | $814M | $532M | $830M | $1.09B | $1.09B | |
| Net income | $2.01B | $2.37B | $2.93B | $3.06B | $2.98B | $2.95B | $3.22B | $2.71B | $2.1B | $2.5B | $3.24B | $3.46B | |
| EPS (basic) | $1.74 | $2.00 | $2.50 | $2.62 | $2.58 | $2.59 | $2.84 | $2.42 | $1.89 | $2.28 | $2.99 | $3.23 | |
| EPS (diluted) | $1.67 | $2.00 | $2.49 | $2.61 | $2.56 | $2.58 | $2.84 | $2.41 | $1.88 | $2.27 | $2.99 | $3.22 | |
| Shares (basic, weighted) | 1.16B | 1.19B | 1.17B | 1.17B | 1.17B | 1.14B | 1.13B | 1.12B | 1.12B | 1.1B | 1.08B | 1.07B | |
| Shares (diluted, weighted) | 1.21B | 1.19B | 1.17B | 1.17B | 1.17B | 1.14B | 1.13B | 1.13B | 1.12B | 1.1B | 1.08B | 1.07B | |
| Depreciation & amortization | $3.32B | $3.37B | $3.25B | $3.15B | $3.15B | $3.2B | $3.15B | $3.41B | $3.76B | $3.82B | $3.43B | $3.45B | |
| EBITDA | $6.81B | $7.39B | $7.87B | $7.95B | $7.83B | $7.95B | $8.35B | $7.8B | $7.34B | $7.03B | $8.82B | $9.27B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $37.5B | $40.6B | $43.3B | $45B | $68.4B | $80.1B | $79.6B | $78.6B | $81.4B | $88.3B | |
| Cost of revenue | $16.6B | $17.7B | $18.4B | $18.5B | $28.3B | $36.6B | $36.2B | $30.2B | $29.7B | $46.2B | |
| Gross profit | $20.9B | $22.9B | $25B | $26.5B | $40.1B | $43.5B | $43.4B | $48.4B | $51.7B | $42.1B | |
| Research & development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $278M | |
| Sales & marketing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.1B | $3.67B | |
| General & administrative | $11.4B | $12.3B | $13.2B | $0 | $0 | $0 | $0 | $0 | $17.7B | $19.3B | |
| Other operating expenses | $5.51B | $5.75B | $6.49B | $6.62B | $14.6B | $16.4B | $15.2B | $12.8B | $12.9B | $87M | |
| Operating expenses | $16.9B | $18B | $19.6B | $20.8B | $33.5B | $36.6B | $36.8B | $34.1B | $33.7B | $23.3B | |
| Operating income | $4.05B | $4.89B | $5.31B | $5.72B | $6.64B | $6.89B | $6.54B | $14.3B | $18B | $18.7B | |
| Interest income | $13M | $17M | $19M | $24M | $0 | $0 | $0 | $0 | $0 | $0 | |
| Interest expense | $1.73B | $1.67B | $1.36B | $1.14B | $2.7B | $3.34B | $3.36B | $3.34B | $3.41B | $3.52B | |
| Other non-operating income (gains on investments, FX ...) | -$7M | $56M | $35M | -$16M | $405M | $199M | $33M | -$68M | -$113M | $943M | |
| Total non-operating income | -$1.72B | -$1.73B | -$1.39B | -$1.12B | -$3.11B | -$3.54B | -$3.4B | -$3.27B | -$3.3B | -$4.46B | |
| Income before tax | $2.33B | $3.16B | $3.92B | $4.6B | $3.53B | $3.35B | $3.15B | $11B | $14.7B | $14.3B | |
| Income tax | $867M | -$1.38B | $1.03B | $1.14B | $786M | $327M | $556M | $2.68B | $3.37B | $3.29B | |
| Net income | $1.46B | $4.54B | $2.89B | $3.47B | $3.06B | $3.02B | $2.59B | $8.32B | $11.3B | $11B | |
| EPS (basic) | $1.71 | $5.39 | $3.40 | $4.06 | $2.68 | $2.42 | $2.07 | $7.02 | $9.70 | $9.75 | |
| EPS (diluted) | $1.69 | $5.20 | $3.36 | $4.02 | $2.65 | $2.41 | $2.06 | $6.93 | $9.66 | $9.72 | |
| Shares (basic, weighted) | 822M | 832M | 850M | 854M | 1.14B | 1.25B | 1.25B | 1.19B | 1.17B | 1.13B | |
| Shares (diluted, weighted) | 833M | 872M | 858M | 863M | 1.15B | 1.25B | 1.26B | 1.2B | 1.17B | 1.13B | |
| Depreciation & amortization | $6.24B | $5.98B | $6.49B | $6.62B | $14.2B | $16.4B | $13.7B | $12.8B | $12.9B | $13.5B | |
| EBITDA | $10.3B | $10.8B | $11.8B | $12.4B | $20.4B | $23.1B | $20.2B | $27.2B | $31B | $31.3B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-01