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T-Mobile US, Inc. (TMUS) operating KPIs

TMUSNasdaqRadiotelephone CommunicationsFiscal year ends December 31Also trades as TMUSI, TMUSL, TMUSZ
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 28, 2026Score 17/3020% below fair value
$156.44+9.15 (+6.21%)

Close on Oct 30, 2026Market cap $167.81BP/E 16.4Yield 2.43%

KPIs

Operating metrics that drive T-Mobile US's business · fiscal year ends Calendar fiscal year ending December 31 (FY2025 ended December 31, 2025; Q2 2026 ended June 30, 2026)

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Q2 2026
2026-06-30
Q1 2026
2026-03-31
Q4 2025
2025-12-31
Q3 2025
2025-09-30
Q2 2025
2025-06-30
Q1 2025
2025-03-31
Q4 2024
2024-12-31
Q3 2024
2024-09-30
Q2 2024
2024-06-30
Q1 2024
2024-03-31
Q4 2023
2023-12-31
Q3 2023
2023-09-30
Total Postpaid Accounts (End of Period) (k accounts)4
34,70034,43934,24033,97931,50231,09930,89430,63130,31630,01529,79729,498
Postpaid Net Account Additions (k accounts)
277217261396318205263315301218299386
Postpaid Account Churn (%)(%)
1.0%1.0%1.0%1.0%0.9%0.9%
Postpaid ARPA (Average Revenue Per Account) ($/mo)($)
153152150149150146146146143141140140
Postpaid Device Upgrade Rate (%)(%)
2.6%2.8%3.8%2.7%2.5%2.8%3.6%2.6%2.3%2.4%3.2%2.7%
Total Customers (End of Period, Legacy) (k customers)2
142,388139,949132,778130,910129,528127,492125,893120,872119,700117,907
Total Postpaid Customers (End of Period, Legacy) (k customers)2
116,445114,063107,284105,455104,118102,185100,61099,27298,05296,312
Postpaid Phone Customers (End of Period, Legacy) (k customers)
85,59484,63280,33879,50879,01378,11077,24576,46875,93674,982
Postpaid Other Customers (End of Period, Legacy) (k customers)
30,85129,43126,94625,94725,10524,07523,36522,80422,11621,330
Prepaid Customers (End of Period, Legacy) (k customers)
25,94325,88625,49425,45525,41025,30725,28321,60021,64821,595
Total Net Customer Additions (Legacy) (k customers)3
2,4392,3901,7711,3822,0361,5991,5171,1721,6231,305
Total Postpaid Net Customer Additions (Legacy) (k customers)2
2,3822,3471,7321,3371,9331,5751,3381,2201,5701,226
Postpaid Phone Net Customer Additions (Legacy) (k customers)
9621,007830495903865777532934850
Postpaid Other Net Customer Additions (Legacy) (k customers)
1,4201,3409028421,030710561688636376
Prepaid Net Customer Additions (Legacy) (k customers)
5743394510324179-485379
Prepaid-to-Postpaid Plan Migrations (Legacy) (k customers)
185215205115160175140145170155
Postpaid Phone Churn (Legacy) (%)(%)
1.0%0.9%0.9%0.9%0.9%0.9%0.8%0.9%1.0%0.9%
Prepaid Churn (Legacy) (%)(%)
2.8%2.8%2.7%2.7%2.9%2.8%2.5%2.8%2.9%2.8%
Postpaid Phone ARPU (Legacy) ($/mo)($)
50.7150.7150.6249.3849.7349.7949.0748.7948.9148.93
Prepaid ARPU (Legacy) ($/mo)($)
33.3333.9334.6334.6735.4935.8135.9437.1837.5538.18
Total Broadband Customers (End of Period, Legacy) (k customers)2
9,4478,8897,4336,8666,4396,0075,5895,182
Total 5G Broadband Customers (End of Period, Legacy) (k customers)2
8,4507,9557,3086,8546,4306,0025,5875,1814,7764,235
Postpaid 5G Broadband Customers (End of Period, Legacy) (k customers)
7,6027,1636,5566,1295,7425,3774,9924,6344,2883,807
Prepaid 5G Broadband Customers (End of Period, Legacy) (k customers)
848792752725688625595547488428
Fiber Customers (End of Period, Legacy) (k customers)
997934125129521
Total Broadband Net Customer Additions (Legacy) (k customers)2
558560470427432418407405
Total 5G Broadband Net Customer Additions (Legacy) (k customers)2
495506454424428415406405541557
Postpaid 5G Broadband Net Customer Additions (Legacy) (k customers)
439466427387365385358346481505
Prepaid 5G Broadband Net Customer Additions (Legacy) (k customers)
56402737633048596052
Fiber Net Customer Additions (Legacy) (k customers)
6354163431
Total Revenues ($M)($M)3
22,79123,10724,33421,95721,13220,88621,87220,16219,77219,59420,47819,252
Total Service Revenues ($M)($M)3
18,98318,83118,70218,24117,43816,92516,92816,72516,42916,09616,04315,914
Postpaid Service Revenues ($M)($M)
15,85315,62915,37814,88214,07813,59413,50213,30812,89912,63112,47212,288
Prepaid Service Revenues ($M)($M)
2,4732,5172,5862,6252,6432,6432,6882,7162,5922,4032,4332,473
Wholesale & Other Service Revenues ($M)($M)
6576857387347176887387019381,0621,1381,153
Equipment Revenues ($M)($M)2
3,5243,9965,3643,4653,4393,7044,6993,2073,1063,2514,1743,076
Equipment Sales (Excluding Lease Revenues) ($M)($M)
3,5243,9955,3623,4613,4333,7034,6883,1863,0803,2164,1313,023
Device Lease Revenues (Legacy Sprint Lease Program) ($M)($M)
12461112126354353
Other Revenues ($M)($M)
284280268251255257245230237247261262
Postpaid Remaining Performance Obligations (RPO) ($M)($M)
2,6002,8002,7002,2002,0001,9001,5001,2001,1001,3001,5001,500
Contract Assets (Current) ($M)($M)
1,0001,000920752651562492431409449495490
Capitalized Contract Costs, Net ($M)($M)1
2,1002,0002,0002,0001,9002,0002,0002,0002,0002,1002,1002,100
Contract Cost Amortization ($M)($M)
479473500474478485500490489489500468
Total Deferred Revenue ($M)($M)2
1,5111,5681,6531,6221,2161,1921,2191,1211,091836812814
Deferred Revenue (Current) ($M)($M)
1,4391,4681,5331,4871,2171,1931,2221,1251,098846825830
Deferred Revenue Recognized in Period ($M)($M)
2061,06046771479032927336981724
Cost of Services (Excl. D&A) ($M)($M)3
2,9783,3393,3052,8732,7172,6022,6972,7222,6642,6882,7922,886
Cost of Services Excluding Special Items (Non-GAAP) ($M)($M)
2,8652,8943,0312,8112,6892,5822,6222,6552,5912,5802,6462,612
Merger-Related Costs in Cost of Services ($M)($M)
4434424773107146120
Other Special Items in Cost of Services ($M)($M)
6910125055282075671154
Cost of Equipment Sales (Excl. D&A) ($M)($M)2
5,0555,4886,9674,8534,6594,7986,0884,3074,0884,3995,6084,249
Cost of Equipment Sales Excluding Special Items (Non-GAAP) ($M)($M)
5,0325,4666,9594,8514,6594,7986,0884,3074,0884,3995,6084,252
Merger-Related Costs in Cost of Equipment Sales ($M)($M)
231482-3
Selling, General & Administrative (SG&A) Expense ($M)($M)3
5,8345,9666,5706,0155,3975,4885,3525,1865,1425,1385,2805,334
SG&A Expense Excluding Special Items (Non-GAAP) ($M)($M)
5,5695,7096,1065,8285,4155,4155,4025,1005,1875,1035,1644,940
Merger-Related Costs in SG&A ($M)($M)
115481116433141016-822310235
Other Special Items in SG&A ($M)($M)
150209353123-5159-6070371214359
Depreciation & Amortization (D&A) ($M)($M)1
3,4343,8173,7563,4083,1463,1983,1493,1513,2483,3713,3183,187
Leased Device Depreciation (Legacy Sprint Leases) ($M)($M)
1461115222937
Operating Income (EBIT) ($M)($M)
5,4904,4973,7364,5305,2134,8004,5864,7964,6303,9983,4803,596
Income Before Income Taxes ($M)($M)
4,3283,3342,6353,5284,2803,8383,8393,9673,7683,1382,6432,847
Income Tax Expense ($M)($M)
1,0898305328141,058885858908843764629705
Net Income ($M)($M)1
3,2392,5042,1032,7143,2222,9532,9813,0592,9252,3742,0142,142
Net Income Margin (% of Service Revenues) (%)(%)
17.1%13.3%11.2%14.9%18.5%17.4%17.6%18.3%17.8%14.7%12.6%13.5%
Wireless Segment Total Revenues ($M)($M)10
22,79123,10724,33421,95721,13220,88621,87220,16219,77219,594
Wireless Segment Cost of Equipment Sales ($M)($M)
5,0555,4886,9674,8534,6594,7986,0884,3074,0884,399
Wireless Segment Employee Compensation & Benefits Expense ($M)($M)
1,9712,1342,5322,2101,9021,9091,8541,7791,7251,683
Wireless Segment Lease Expense ($M)($M)
1,3591,5821,3921,3401,2581,2071,2711,2701,2571,268
Wireless Segment Advertising Expense ($M)($M)
9269011,086906864812924754741648
Wireless Segment Bad Debt Expense ($M)($M)
398426445337265323356299255282
Wireless Segment Depreciation & Amortization ($M)($M)
3,4343,8173,7563,4083,1463,1983,1493,1513,2483,371
Wireless Segment Other Operating Expenses ($M)($M)
4,1584,2624,4204,0953,8253,8393,6443,8063,8283,945
Wireless Segment Net Interest Expense ($M)($M)
-1,055-1,031-1,012-924-922-916-841-836-854-880
Wireless Segment Income Tax Expense ($M)($M)
1,0898305328141,058885858908843764
Wireless Segment Net Income ($M)($M)
3,2392,5042,1032,7143,2222,9532,9813,0592,9252,374
Adjusted EBITDA (Non-GAAP) ($M)($M)7
9,5379,2418,4478,6848,5478,2597,9168,2438,0537,6527,2247,600
Adjusted EBITDA Margin (% of Service Revenues) (%)(%)
50.2%49.1%45.2%47.6%49.0%48.8%46.8%49.3%49.0%47.5%45.0%47.8%
Core Adjusted EBITDA (Excl. Lease Revenues) ($M)($M)1
9,5379,2408,4458,6808,5418,2587,9058,2228,0277,6177,1817,547
Core Adjusted EBITDA Margin (% of Service Revenues) (%)(%)
50.2%49.1%45.2%47.6%49.0%48.8%46.7%49.2%48.9%47.3%44.8%47.4%
Stock-Based Compensation (EBITDA Reconciliation) ($M)($M)
212203209217178168156143147140164152
Total Merger-Related Costs (Sprint & UScellular) ($M)($M)
1824061437333141016-9130248152
Network Restructuring Initiative Costs ($M)($M)
527693
Legal-Related Special Items, Net ($M)($M)
165468-46-1051151
Other Special Items, Net (EBITDA Reconciliation) ($M)($M)
151188504170-1973120136221313513
Net Cash Provided by Operating Activities (GAAP) ($M)($M)7
7,5007,2226,6547,4576,9926,8475,5496,1395,5215,0844,8595,294
Operating Cash Flow Margin (% of Service Revenues) (%)(%)
39.5%38.4%35.6%40.9%40.1%40.5%32.8%36.7%33.6%31.6%30.3%33.3%
Cash Purchases of Property & Equipment (Incl. Capitalized Interest) ($M)($M)
2,7032,6232,4692,6392,3962,4512,2121,9612,0402,6271,5872,424
Cash Purchases of Property & Equipment (XBRL) ($M)($M)
2,7032,6232,4692,6392,3962,4512,2121,9612,0402,6271,5872,424
Change in Accrued Payables for PP&E Purchases ($M)($M)
-404-357231136-131-4631,19041-232-894336-459
Capitalized Interest ($M)($M)
671013101089891066
Net Cash Proceeds from Securitization ($M)($M)
-22-20-22-25-23-26-27-29-30-29-21-33
Net Cash Payments for Merger-Related Costs ($M)($M)
181153100969270123132241293416345
Adjusted Free Cash Flow (Non-GAAP) ($M)($M)1
4,7974,5994,1854,8184,5964,3964,0845,1624,4393,3474,3054,003
Adjusted Free Cash Flow Margin (% of Service Revenues) (%)(%)
25.3%24.4%22.4%26.4%26.4%26.0%24.1%30.9%27.0%20.8%26.8%25.2%
Net Cash Used in Investing Activities (GAAP) ($M)($M)
-3,052-2,849-2,500-10,139-1,559-3,409-2,300-3,307-1,678-1,787-1,221-1,393
Net Cash Used in Financing Activities (GAAP) ($M)($M)
-5,182-6,440-1,831-4,238-7,2053,193-7,522507-4,134-1,666-3,530-5,510
Gross EIP Financed ($M)($M)
3,9584,3225,7743,8713,5033,5654,6893,3043,0373,2184,2753,116
EIP Billings ($M)($M)
4,1324,1674,0663,7663,5533,5513,5093,4233,6043,8803,8293,622
Total EIP Receivables, Net (Balance Sheet) ($M)($M)3
7,1737,4887,6806,9156,2016,4056,5885,3475,5565,9676,4986,349
EIP Receivables, Net — Current ($M)($M)
4,7154,9354,9974,5994,2264,2944,3793,5953,7764,0594,4564,470
EIP Receivables, Net — Noncurrent (Due After 1 Year) ($M)($M)
2,4582,5532,6832,3161,9752,1112,2091,7521,7801,9082,0421,879
EIP Receivables, Net — Factbook Schedule ($M)($M)
7,1737,4887,6806,9156,2016,4056,5885,3475,5565,9676,4986,349
Service Accounts Receivable, Net (Current) ($M)($M)
5,2474,8664,8745,0844,5984,3924,2764,2864,5634,2534,6924,500
Change in Unamortized Imputed Discount on EIP Receivables ($M)($M)
384212550143611242143110045
Impact on Imputed Discount from EIP Receivable Sales ($M)($M)
46484847464225565247
EIP Receivables Classified as Prime % (Legacy Factbook) (%)(%)
62.0%
EIP Receivables Classified as Prime Incl. Sold % (Legacy Factbook) (%)(%)
59.0%
Total EIP Receivables at Amortized Cost (Net of Imputed Discount) ($M)($M)6
7,5797,8938,0607,2576,4916,6956,8785,6155,8246,2356,7666,636
Prime EIP Receivables (Amortized Cost) ($M)($M)19
6,2146,4716,6255,8715,1285,2735,3964,3624,5084,8805,3604,132
Prime EIP — Originated in Current Fiscal Year ($M)($M)
2,6491,5044,9983,4712,2981,3204,2442,8302,1061,1913,9552,437
Prime EIP — Originated in Prior Fiscal Year ($M)($M)
2,9963,9231,5222,1382,5003,3421,1331,4342,0992,9541,1481,322
Prime EIP — Originated Prior to Prior Fiscal Year ($M)($M)
5691,0441052623306111998303735257373
Prime EIP Past Due 1–30 Days ($M)($M)
6,1236,3796,5375,8085,0715,2235,3494,3214,4664,8325,3074,092
Prime EIP Past Due 31–60 Days ($M)($M)
434345272623211617192117
Prime EIP Past Due 61–90 Days ($M)($M)
262625181714131213141611
Prime EIP Past Due 90+ Days ($M)($M)
222318181413131312151612
Prime EIP Current FY Originations — Past Due 1–30 Days ($M)($M)
2,6111,4894,9363,4392,2781,3144,2132,8092,0931,1883,9252,419
Prime EIP Current FY Originations — Past Due 31–60 Days ($M)($M)
2313351612515973138
Prime EIP Current FY Originations — Past Due 61–90 Days ($M)($M)
10217751964095
Prime EIP Current FY Originations — Past Due 90+ Days ($M)($M)
5010930762085
Prime EIP Prior FY Originations — Past Due 1–30 Days ($M)($M)
2,9543,8641,4992,1112,4693,3071,1181,4172,0762,9231,1291,305
Prime EIP Prior FY Originations — Past Due 31–60 Days ($M)($M)
162491012156681277
Prime EIP Prior FY Originations — Past Due 61–90 Days ($M)($M)
13197910104571065
Prime EIP Prior FY Originations — Past Due 90+ Days ($M)($M)
131678910568965
Prime EIP Older FY Originations — Past Due 1–30 Days ($M)($M)
5581,0261022583246021895297721253368
Prime EIP Older FY Originations — Past Due 31–60 Days ($M)($M)
461123012412
Prime EIP Older FY Originations — Past Due 61–90 Days ($M)($M)
351223012411
Prime EIP Older FY Originations — Past Due 90+ Days ($M)($M)
471123112622
Subprime EIP Receivables (Amortized Cost) ($M)($M)19
1,3651,4221,4351,3861,3631,4221,4821,2531,3161,3551,4062,504
Subprime EIP — Originated in Current Fiscal Year ($M)($M)
6063581,0788356073691,1728206383651,0391,394
Subprime EIP — Originated in Prior Fiscal Year ($M)($M)
648852347513676908303397578776323929
Subprime EIP — Originated Prior to Prior Fiscal Year ($M)($M)
11121210388014573610021444181
Subprime EIP Past Due 1–30 Days ($M)($M)
1,2691,3311,3381,2981,2801,3481,3981,1781,2451,2931,3312,426
Subprime EIP Past Due 31–60 Days ($M)($M)
423841363529342929243132
Subprime EIP Past Due 61–90 Days ($M)($M)
282628262622252322192223
Subprime EIP Past Due 90+ Days ($M)($M)
262728262223252320192223
Subprime EIP Current FY Originations — Past Due 1–30 Days ($M)($M)
5693471,0117885783631,1097766123609871,355
Subprime EIP Current FY Originations — Past Due 31–60 Days ($M)($M)
2110312115527191442318
Subprime EIP Current FY Originations — Past Due 61–90 Days ($M)($M)
1111914911914811612
Subprime EIP Current FY Originations — Past Due 90+ Days ($M)($M)
50171250171140139
Subprime EIP Prior FY Originations — Past Due 1–30 Days ($M)($M)
599789319476628849283369539730304896
Subprime EIP Prior FY Originations — Past Due 31–60 Days ($M)($M)
182310141821791316712
Subprime EIP Prior FY Originations — Past Due 61–90 Days ($M)($M)
15208111519681215510
Subprime EIP Prior FY Originations — Past Due 90+ Days ($M)($M)
1620101215197111415711
Subprime EIP Older FY Originations — Past Due 1–30 Days ($M)($M)
101195834741366339420340175
Subprime EIP Older FY Originations — Past Due 31–60 Days ($M)($M)
350123012412
Subprime EIP Older FY Originations — Past Due 61–90 Days ($M)($M)
251122012311
Subprime EIP Older FY Originations — Past Due 90+ Days ($M)($M)
571224112423
Total EIP Past Due 1–30 Days ($M)($M)
7,3927,7107,8757,1066,3516,5716,7475,4995,7116,1256,6386,518
Total EIP Past Due 31–60 Days ($M)($M)
858186636152554546435249
Total EIP Past Due 61–90 Days ($M)($M)
545253444336383535333834
Total EIP Past Due 90+ Days ($M)($M)
485046443636383632343835
Total Allowance for Credit Losses (AR + EIP) ($M)($M)4
1,1731,1821,1721,038948983990867879918934906
Allowance for Credit Losses — Service Accounts Receivable ($M)($M)
216217226206172175176162160161161166
Allowance for Credit Losses — EIP Receivables ($M)($M)
957965946832776808814705719757773740
Allowance for Credit Losses — Current ($M)($M)
759748733646625647656575587614623610
Allowance for Credit Losses — Noncurrent ($M)($M)
198217213186151161158130132143150130
Total Provision for Credit Losses ($M)($M)2
398426445337265323356299255282235228
Provision for Credit Losses — Service Accounts Receivable ($M)($M)
190184216188125165183155122132118117
Provision for Credit Losses — EIP Receivables ($M)($M)
208242229149140158173144133150117111
Total Credit Loss Write-Offs, Net of Recoveries ($M)($M)2
399410388338268324320297256282260228
Credit Loss Write-Offs — Service Accounts Receivable ($M)($M)
191193196164128166169153123132123102
Credit Loss Write-Offs — EIP Receivables ($M)($M)4
208217192174140158151144133150137126
EIP Total Gross Write-Offs Across All Vintages ($M)($M)
208217192174140158151144133150137126
EIP Gross Write-Offs — Current Year Vintage ($M)($M)
59311785311100712829063
EIP Gross Write-Offs — Prior Year Vintage ($M)($M)
1241666778931284663861144164
EIP Gross Write-Offs — Two Years Prior Vintage ($M)($M)
2548811162951019346-1
Total Bad Debt Expense & Losses from Sales of Receivables ($M)($M)3
415446445354284345349322280303265274
Bad Debt Expense (GAAP) ($M)($M)
398426445337265323356299255282235228
Losses from Sales of Receivables ($M)($M)
-17-200-17-19-227-23-25-21-30-46
Bad Debt & Receivable Sale Losses (% of Total Revenues) (%)(%)
1.8%1.9%1.8%1.6%1.3%1.7%1.6%1.6%1.4%1.5%1.3%1.4%
Derecognized Net Service AR & EIP Receivables (Off-Balance-Sheet) ($M)($M)
1,6591,6691,6511,6631,6471,5811,6162,2842,2672,2492,3882,426
EIP Securitization Facility Maximum Commitment ($M)($M)
1,3001,3001,3001,3001,3001,3001,3001,3001,3001,3001,3001,300
Factoring Arrangement Drawn Balance ($M)($M)
775775775775775775775775775775775775
Spectrum Licenses Carrying Value ($M)($M)6
98,17897,56498,03297,74995,92898,733100,55898,73698,66197,15496,70796,689
Spectrum Licenses (Excluding Goodwill Allocation) ($M)($M)
98,17897,56498,03297,74995,92898,733100,55898,73698,66197,15496,70796,689
Spectrum License Acquisitions (Additions) ($M)($M)
61439283917892541,822752,5144111817
Cash Paid for Spectrum Licenses & Intangibles ($M)($M)
48426631,590842738352,41915661785119
Spectrum Licenses Transferred to Held for Sale ($M)($M)
0507003,5902,084001,007170
Non-Cash Spectrum License Exchanges ($M)($M)
435261011721,0352638101
Gain (Loss) on Spectrum Disposals / Exchanges ($M)($M)
22221011214510222500
Goodwill ($M)($M)
13,66713,66413,67813,69013,46013,46713,00513,01513,01512,23412,23412,234
Finite-Lived Intangible Assets, Net ($M)($M)
3,2953,5733,8434,1172,4382,6182,5122,7622,9782,4452,6182,824
Property & Equipment, Net ($M)($M)
36,62337,26238,33338,71837,48137,89738,53337,60338,22239,28640,43241,080
Crown Castle Managed Tower Sites (sites)
850900900900900900900900900900900900
Crown Castle Operating Lease Liability ($M)($M)
235239241244247249251247245241241244
Tower Obligations Carrying Value (Balance Sheet) ($M)($M)
3,4613,4963,5323,5683,6033,6343,6643,6953,7253,7513,7773,819
Tower Sale-Leaseback PP&E Carrying Value ($M)($M)
1,8511,8861,9221,9591,9952,0322,0692,1062,1442,1822,2202,259
Total Future Minimum Tower Payments ($M)($M)4
3,4613,4963,5323,5683,6033,6343,6643,6953,7253,7513,7773,819
Tower Minimum Payments — Year 1 ($M)($M)
393391389387384382380394407421435432
Tower Minimum Payments — Years 2–3 ($M)($M)
822816810804798793788783778774769780
Tower Minimum Payments — Years 4–5 ($M)($M)
875869862855848841835829822816810804
Tower Minimum Payments — After Year 5 ($M)($M)
3,0003,1003,2003,4003,5003,6003,7003,8003,9004,0004,1004,200
Operating Lease Right-of-Use (ROU) Assets ($M)($M)4
24,59625,02125,69226,07024,73525,02525,39825,83326,24026,76627,13527,568
Operating Lease ROU Assets Obtained for New Leases ($M)($M)
5405255901,064593481441469344487465563
Operating Lease Liabilities — Current ($M)($M)
3,6203,6393,8143,5503,3433,3053,2813,3283,2023,4433,5553,545
Operating Lease Liabilities — Noncurrent ($M)($M)
25,43825,85626,37126,78025,64625,97426,40826,82127,27227,82728,24028,677
Operating Lease Cash Payments ($M)($M)
1,3031,5371,0791,2691,2021,2141,2341,1271,4571,3441,2281,037
Financing Lease Right-of-Use (ROU) Assets ($M)($M)3
2,9942,7662,7602,9553,1052,9773,0913,3523,2713,1803,2703,390
Financing Lease Liabilities — Current ($M)($M)
1,1781,1551,1631,1571,1571,1361,1751,2521,2521,2651,2601,286
Financing Lease Liabilities — Noncurrent ($M)($M)
1,1211,0241,1071,1861,1881,1171,1511,1851,1331,1631,2361,273
Financing Lease Principal Repayments ($M)($M)
360304288318331315342347351327313304
Total Assets ($M)($M)
213,553214,667219,237217,180212,643214,633208,035210,742208,557206,268207,682208,579
Total Stockholders' Equity ($M)($M)
56,26555,87959,20360,47761,10761,10561,74164,25062,63662,07464,71564,698
Cash & Cash Equivalents ($M)($M)
2,8253,5205,5983,31010,25912,0035,4099,7546,4176,7085,1355,030
Total Debt (Excluding Tower Obligations) ($M)($M)8
86,92088,22688,55286,53985,26887,99780,59182,30779,95180,641
Short-Term Debt (Factbook) ($M)($M)
6,1172,2385,1356,3336,4088,2144,0685,8515,8675,3563,6193,437
Short-Term Debt (XBRL Balance Sheet) ($M)($M)
6,1172,2385,1356,3336,4088,2144,0685,8515,8675,3563,6193,437
Short-Term Financing Lease Liabilities ($M)($M)
1,1781,1551,1631,1571,1571,1361,1751,2521,2521,2651,2601,286
Long-Term Debt (Third-Party, Factbook) ($M)($M)
78,50483,80979,64976,36575,01876,03372,70072,52270,20371,36169,90370,365
Long-Term Debt to Unaffiliated Third Parties (XBRL) ($M)($M)
78,50483,80979,64976,36575,01876,03372,70072,52270,20371,36169,90370,365
Long-Term Debt to Affiliates (Deutsche Telekom, Legacy) ($M)($M)
1,4981,4981,4971,4971,4971,4971,4961,4961,4961,496
Long-Term Debt to Affiliates (XBRL) ($M)($M)
001,4981,4981,4971,4971,4971,4971,4961,4961,4961,496
Long-Term Financing Lease Liabilities ($M)($M)
1,1211,0241,1071,1861,1881,1171,1511,1851,1331,1631,2361,273
Net Debt (Excluding Tower Obligations) ($M)($M)6
84,09584,70682,95483,22975,00975,99475,18272,55373,53473,93372,37972,827
LTM Net Income ($M)($M)
10,56010,54310,99211,87012,21511,91811,33910,3729,4558,7518,3177,780
Net Debt to LTM Net Income Ratio (x)(×)
8.008.007.507.006.106.406.607.007.808.408.709.40
LTM Adjusted EBITDA ($M)($M)
35,90934,91933,93733,40632,96532,47131,86431,17230,52929,88129,42829,032
Net Debt to LTM Adjusted EBITDA Ratio (x)(×)
2.302.402.402.502.302.302.402.302.402.502.502.50
LTM Core Adjusted EBITDA ($M)($M)
35,90234,90633,92433,38432,92632,41231,77131,04730,37229,68129,11628,517
Net Debt to LTM Core Adjusted EBITDA Ratio (x)(×)
2.302.402.402.502.302.302.402.302.402.502.502.60
Proceeds from Issuance of Long-Term Debt ($M)($M)2
-56,3983,744498-67,7744982,4802,136
Proceeds from Senior Notes Issuances ($M)($M)
04,8992,771006,30002,4802,1362,97601,984
Proceeds from Asset-Backed Notes (ABS) Issuances ($M)($M)
04980498049800497
Repayments of Long-Term Debt ($M)($M)
1,3366,4351,6358283,2574791,9042232,7232232234,474
Total Debt Principal Face Amount ($M)($M)3
6,4376,43713,82710,0277,8497,849
Senior Notes Principal Face Amount ($M)($M)
4,9374,93710,8278,0276,3496,3497,6507,6505,1503,0008,5008,500
Asset-Backed Notes (ABS) Principal Face Amount ($M)($M)
5005001,0001,000
Asset-Backed Notes (ABS) Carrying Value ($M)($M)
2,0002,0002,0002,0001,6921,8571,5701,2501,2501,250
Average Commercial Paper Outstanding ($M)($M)
85,10086,70090083,20083,50080,80020078,10078,60077,400-10077,200
Revolving Credit Facility Maximum Capacity ($M)($M)
10,00010,0007,5007,500
Letter of Credit Facility Maximum Capacity ($M)($M)
1,5001,5001,5001,500
Bridge Loan Facility Maximum Capacity ($M)($M)
500500500500
Net Interest Expense ($M)($M)
-1,055-1,031-1,012-924-922-916-841-836-854-880-849-790
Capitalized Interest (XBRL) ($M)($M)
671013101089891066
Cash Interest Paid, Net of Amounts Capitalized ($M)($M)
1,1191,054959997992934905947935896895915
Cash Income Taxes Paid, Net of Refunds ($M)($M)
7571024653421015501077-184
Common Shares Outstanding (End of Period) (M shares)(M)
1,0751,0861,1071,1191,1271,1371,1451,1651,1671,1771,1961,162
Total Stockholder Returns (Period) ($M)($M)10
3,2576,0213,5953,4573,4653,4735,6331,4023,0364,3372,9882,675
Share Repurchases (Stockholder Returns Schedule) ($M)($M)
2,1564,9012,4602,4702,4692,4704,6196442,2773,5682,2412,675
Cash Paid for Common Stock Repurchases (Cash Flow Statement) ($M)($M)
2,3204,8262,4462,4792,5552,4944,6875602,3873,5942,1832,681
Common Stock Repurchased Value (Statement of Equity) ($M)($M)
2,1714,9502,4822,4942,4862,4954,6636502,2893,6042,1822,702
Shares Repurchased (Period) (shares)
11,420,84523,329,92511,919,13610,204,07210,148,79110,091,22720,283,5823,179,70713,979,84321,933,79015,464,10719,313,159
Average Share Repurchase Price ($/share)($)
189210206242243245228202163163145138
Remaining Share Repurchase Authorization (2026 Program) ($M)($M)
8,90014,60014,600
Cash Dividends Paid (Stockholder Returns Schedule) ($M)($M)
1,1011,1201,1359879961,0031,014758759769747
Cash Dividends Paid (XBRL Cash Flow Statement) ($M)($M)
1,1011,1201,1359879961,0031,0147587597697470
Dividends Paid to Deutsche Telekom AG (Affiliate) ($M)($M)
593594500514518518
Dividends Paid per Common Share ($/share)($)
1.021.021.020.880.880.880.880.650.650.650.65
Cumulative Stockholder Returns Since Program Inception ($M)($M)2
54,63051,37345,35241,75738,30034,83531,36225,72924,32721,29116,95413,966
Cumulative Share Repurchases ($M)($M)
44,24142,08537,18434,72432,25429,78527,31522,69622,05219,77516,20713,966
Cumulative Shares Repurchased (shares)
250,777,371239,356,526216,026,601204,107,465193,903,393183,754,602173,663,375153,379,793150,200,086136,220,243114,286,45398,822,346
Core Adjusted EBITDA Guidance — Low Bound ($B)
37.1037.1037.0033.7033.3033.2033.1031.6031.5031.4031.3029.00
Core Adjusted EBITDA Guidance — High Bound ($B)
37.5037.5037.5033.9033.7033.7033.6031.8031.8031.9031.9029.20
Operating Cash Flow Guidance — Low Bound ($B)
28.4028.1028.0027.8027.1027.0026.8022.0021.8021.6021.5018.30
Operating Cash Flow Guidance — High Bound ($B)
28.8028.7028.7028.0027.5027.5027.5022.3022.2022.3022.3018.50
Adjusted Free Cash Flow Guidance — Low Bound ($B)
18.4018.1018.0017.8017.6017.5017.3016.7016.6016.4016.3013.40
Adjusted Free Cash Flow Guidance — High Bound ($B)
18.8018.7018.7018.0018.0018.0018.0017.0017.0016.9016.9013.60
Effective Tax Rate Guidance — Low Bound (%)(%)
25.0%25.0%25.0%23.0%24.0%24.0%24.0%24.0%24.0%24.0%
Effective Tax Rate Guidance — High Bound (%)(%)
26.0%26.0%26.0%24.0%26.0%26.0%26.0%25.0%26.0%26.0%
Postpaid Net Customer Additions Guidance — Low Bound (Legacy) (M customers)(M)
7.206.105.505.505.605.405.2055.70
Postpaid Net Customer Additions Guidance — High Bound (Legacy) (M customers)(M)
7.406.40665.805.705.605.505.90
Network Optimization Restructuring Reserve ($M)($M)2
504010
Network Optimization — Contract Termination Reserve ($M)($M)
131300
Network Optimization — Network Decommissioning Reserve ($M)($M)
372710
UScellular Acquisition Restructuring Reserve ($M)($M)3
158121910
UScellular Acquisition — Contract Termination Reserve ($M)($M)
7840310
UScellular Acquisition — Employee Severance Reserve ($M)($M)
7777590
UScellular Acquisition — Network Decommissioning Reserve ($M)($M)
3410
2025–2026 Workforce Restructuring Severance Reserve ($M)($M)
169392374
United States Segment FTEs (Deutsche Telekom Report) (FTEs)
65,36569,07670,03670,98967,69266,34865,15465,70464,84464,05362,677
Deutsche Telekom Group Total FTEs (FTEs)2
191,796196,586198,079201,336199,050198,678198,194199,923200,402201,251199,652
Germany Segment FTEs (Deutsche Telekom) (FTEs)
54,16154,77255,08956,20556,69457,07057,30358,08858,78059,54378,600
Europe Segment FTEs (Deutsche Telekom) (FTEs)
30,85731,07731,30032,08332,25332,56532,76132,81733,11833,52932,932
Stock-Based Compensation Expense (GAAP) ($M)($M)
214209216227200186175170164140167156
UScellular / Array Owned Towers (towers)
4,4564,4524,4504,449114,40914,3884,3824,3734,356
UScellular / Array Tower Colocations (colocations)
4,3624,2904,5724,517632,4442,4182,3922,3972,3902,406
UScellular / Array Tower Tenancy Rate (tenants/tower)(×)
0.980.961.031.022.001.001.551.551.551.551.551.55
UScellular / Array Operating Revenues (Continuing Ops) ($M)($M)
54.15260.347.128.52726.125.7927950-2,806963
UScellular / Array Operating Income ($M)($M)
3991618.60-53.3-18.2-29.6-29.1-1603651-22957
UScellular / Array Depreciation, Amortization & Accretion ($M)($M)
14.412.63.2011.912123.7012.2165165-448159
UScellular / Array Equity in Earnings of Unconsolidated Entities ($M)($M)
34.740.426.369.841.735.937.943.1384237.340
UScellular / Array Distributions from Unconsolidated Entities ($M)($M)
48.218.465.961.876.711.262.226.5582253.319
UScellular / Array Income from Continuing Operations ($M)($M)
33418041.410914.84.7011.7-95.9
UScellular / Array Net Income ($M)($M)
35917837.5-38.531.518.24.50-79.2171814.523
UScellular / Array Capital Expenditures ($M)($M)
5.8013.88.607.1047.505.10-257137133-413103
UScellular / Array Total Assets ($M)($M)
3,3713,9654,6784,91810,37710,36510,44910,51610,63910,70410,75010,749
UScellular / Array Cash & Cash Equivalents ($M)($M)
416254113326386182144272195185150153
UScellular / Array Property, Plant & Equipment, Net ($M)($M)1
3753873893872,3132,3943842,5042,5402,5402,5762,593
UScellular / Array Accumulated Depreciation on PP&E ($M)($M)
6936996906846,1646,0236545,8985,7545,7816,9846,978
UScellular / Array Equity Method Investments ($M)($M)
408422400438431466441464448468448464
UScellular / Array Operating Lease ROU Assets ($M)($M)
468473473478922925465912906910915914
UScellular / Array Operating Lease Liabilities (Noncurrent) ($M)($M)
506512510513825824496813822827831834
UScellular / Array Common Shares Outstanding (M shares)(M)
86.586.486.486.4868585.18686858585
UScellular Total Retail Wireless Connections (Legacy) (connections)2
4,333,0004,377,0004,433,0004,451,0004,466,0004,487,0004,557,0004,621,000
UScellular Postpaid Connections (Legacy) (connections)
3,904,0003,946,0003,985,0003,999,0004,027,0004,051,0004,106,0004,159,000
UScellular Prepaid Connections (Legacy) (connections)
429,000431,000448,000452,000439,000436,000451,000462,000
UScellular Postpaid ARPU (Legacy) ($/mo)($)
51.9152.0652.0451.4551.9651.11
UScellular Postpaid ARPA (Legacy) ($/mo)($)
132132132130132131
T-Mobile US (TMUS) — Total Revenues ($M)($M)5
22,79123,10724,33421,95721,13220,88621,87220,16219,77219,59420,47819,252
Verizon Communications (VZ) — Total Revenues ($M)($M)
34,25334,44036,38133,82134,50433,48535,68133,33032,79632,98135,13033,336
AT&T Inc. (T) — Total Revenues ($M)($M)
31,55831,50633,46630,70930,84730,62632,29830,21329,79730,02832,02230,350
Comcast Corporation (CMCSA) — Total Revenues ($M)($M)
29,94031,45732,31031,19830,31329,88731,91432,07029,68830,05831,25330,115
Charter Communications (CHTR) — Total Revenues ($M)($M)
13,52613,59713,60113,67213,76613,73513,92613,79513,68513,67913,71113,584
Frontier Communications (FYBR) — Total Revenues (Pre-Acquisition) ($M)($M)
1,5331,5221,4951,4901,4711,4661,4461,4091,421
T-Mobile US (TMUS) — Operating Income ($M)($M)5
5,4904,4973,7364,5305,2134,8004,5864,7964,6303,9983,4803,596
Verizon Communications (VZ) — Operating Income ($M)($M)
7,1798,2425,0048,1058,1727,9787,4215,9267,8187,5216007,473
AT&T Inc. (T) — Operating Income ($M)($M)
7,0386,6585,7886,1196,5015,7545,3262,1165,7605,8475,2715,782
Comcast Corporation (CMCSA) — Operating Income ($M)($M)
5,1604,1353,4885,5345,9925,6584,9935,8596,6355,8104,4846,475
Charter Communications (CHTR) — Operating Income ($M)($M)
3,0633,2083,2613,1313,2793,2373,3893,3353,2633,1313,2673,126
Frontier Communications (FYBR) — Operating Income (Pre-Acquisition) ($M)($M)
117447686869190120114
T-Mobile US (TMUS) — Net Income ($M)($M)5
3,2392,5042,1032,7143,2222,9532,9813,0592,9252,3742,0142,142
Verizon Communications (VZ) — Net Income ($M)($M)
3,8355,0452,3424,9505,0034,8795,0053,3064,5934,602-2,7054,762
AT&T Inc. (T) — Net Income ($M)($M)
4,6273,8293,7889,3144,5004,3514,080-1743,5973,4452,1883,495
Comcast Corporation (CMCSA) — Net Income ($M)($M)
3,5262,1742,1683,33211,1233,3754,7773,6293,9293,8573,2604,046
Charter Communications (CHTR) — Net Income ($M)($M)
1,2921,3631,3321,1371,3011,4091,4661,2801,4231,2801,0581,255
Frontier Communications (FYBR) — Net Income (Pre-Acquisition) ($M)($M)
-76-123-64-118-82-12311711
T-Mobile US (TMUS) — Operating Cash Flow ($M)($M)5
7,5007,2226,6547,4576,9926,8475,5496,1395,5215,0844,8595,294
Verizon Communications (VZ) — Operating Cash Flow ($M)($M)
10,4357,9849,11411,2668,9757,78210,4329,9119,4857,0848,67710,778
AT&T Inc. (T) — Operating Cash Flow ($M)($M)
10,8017,59511,32010,1529,7639,04911,89610,2359,0937,54711,37810,336
Comcast Corporation (CMCSA) — Operating Cash Flow ($M)($M)
8,0926,8918,8418,6937,8158,2948,0807,0214,7247,8485,9228,153
Charter Communications (CHTR) — Operating Cash Flow ($M)($M)
3,9254,3043,7614,4803,6004,2363,4603,9053,8533,2123,8553,944
Frontier Communications (FYBR) — Operating Cash Flow (Pre-Acquisition) ($M)($M)
504477519294618374335296383
T-Mobile US (TMUS) — Capital Expenditures ($M)($M)4
2,7032,6232,4692,6392,3962,4512,2121,9612,0402,6271,5872,424
AT&T Inc. (T) — Capital Expenditures ($M)($M)
5,7004,8776,7814,8874,8974,2776,8435,3024,3603,7584,6014,647
Comcast Corporation (CMCSA) — Capital Expenditures ($M)($M)
2,9022,3513,7493,0712,6782,2523,9142,9132,7242,6303,3203,295
Charter Communications (CHTR) — Capital Expenditures ($M)($M)
2,8712,8553,3353,0512,8742,3993,0622,5632,8532,7912,8562,961
Frontier Communications (FYBR) — Capital Expenditures (Pre-Acquisition) ($M)($M)
819845757792699626666329671

2 metrics have no data in the last 12 quarters — .

Italic numbers are calculated by StockData from reported figures (hover for the formula). Numbers with a dotted underline are read from the text of earnings releases and presentations; hover to see the exact sentence. Tick a row to add it to the chart above (up to 8 lines).

Methodology and excluded metrics
  • Fiscal calendar: T-Mobile US, Inc. operates on a calendar fiscal year ending December 31 (FY2025 ended December 31, 2025; Q1 2026 ended March 31, 2026; Q2 2026 ended June 30, 2026).
  • Strategic Customer Metric Transition (Q1 2026): Beginning in Q1 2026, T-Mobile transitioned its primary customer operational disclosures from connection-level counts to account-level metrics — Total Postpaid Accounts (34,700k at Q2 2026, including 965k UScellular and 90k Metronet base adjustments in Q3 2025), Postpaid Net Account Additions (305k in Q2 2026), Postpaid Account Churn (1.03% in Q2 2026), Postpaid ARPA ($152.91/mo in Q2 2026), and Postpaid Device Upgrade Rate (2.7% in Q2 2026). Connection-level subscriber series (142,418k Total Customers, 110,938k Postpaid Customers, 84,966k Postpaid Phone, 25,972k Postpaid Other, 26,645k Prepaid, and 9,418k Total Broadband [9,264k 5G Broadband + 154k Fiber] at Q4 2025) are preserved as legacy series through Q4 2025.
  • Core operational & financial KPIs (Groups 1–7) cover: (1–2) Postpaid Account KPIs, Customer Connection EOP & Net Additions, Churn, ARPU/ARPA, and 5G Broadband (Fixed Wireless Access) & Fiber customer additions; (3) Service & Equipment Revenue Disaggregation ($22,791M Total Revenues in Q2 2026: $18,743M Service Revenues [$15,317M Postpaid, $2,553M Prepaid, $873M Wholesale & Other], $3,574M Equipment Revenues, $474M Other Revenues) and ASC 606 Postpaid RPO ($1,808M), Contract Assets ($407M), Capitalized Contract Costs ($4,413M), and Deferred Revenue ($967M); (4) GAAP Operating Expenses, ASU 2023-07 Wireless Segment Significant Expense Categories, Non-GAAP Adjusted EBITDA ($9,129M / 48.7% of Service Revenue in Q2 2026), Core Adjusted EBITDA ($9,129M), and Adjusted Free Cash Flow ($5,052M / 27.0% of Service Revenue in Q2 2026); (5) Equipment Installment Plan (EIP) Financing ($4,462M Gross EIP Financed, $4,439M EIP Billings in Q2 2026), Prime vs. Subprime × Vintage × Past-Due Aging Matrix ($11,831M total amortized cost: $6,660M Prime, $5,171M Subprime), Credit Loss Allowances & Write-Offs by Vintage, and Off-Balance-Sheet Receivable Securitization & Factoring ($2,027M derecognized); (6) Spectrum Licenses ($106,367M carrying value at Q2 2026), Network PP&E ($43,663M net), Crown Castle Managed Tower Sites (11,300 sites / $3,841M lease liability), Operating & Financing Lease ROU Assets/Liabilities, Asset Retirement Obligations, and Contractual Obligations ($67,385M at FY2025); and (7) Capital Structure ($213,553M Assets, $59,510M Equity, $86,874M Total Debt ex-Towers, $81,389M Net Debt ex-Towers, 2.34x Net Debt / LTM Core Adjusted EBITDA at Q2 2026) and Stockholder Returns ($2,526M in Q2 2026 / $43,654M cumulative since inception).
  • Groups 8–12 cover: (8) Full-Year Management Guidance Ranges (FY2026 Core Adjusted EBITDA $37.0B–$37.5B, Operating Cash Flow $28.6B–$29.1B, Adjusted Free Cash Flow $18.0B–$18.7B, Effective Tax Rate 25%–26%) and Restructuring Reserves (UScellular Acquisition $162M, Network Optimization $48M, Workforce Severance $11M at Q2 2026); (9) Workforce Headcount (66,307 US FTEs in DTAG Q2 2026 report; 71,365 U.S. employees & 313:1 CEO Pay Ratio in FY2025 DEF 14A), Stock-Based Compensation & RSU/PSU Activity, Defined Benefit Pension Plan, Deferred Tax Positions, Form SD Conflict Minerals (218 unique 3TG smelters in FY2025), and 36 Corporate Responsibility ESG metrics; (10) Parent Deutsche Telekom AG United States Segment IFRS Financials (€78,243M revenue, €30,722M Adjusted EBITDA AL in FY2025) & Affiliate Transactions; (11) UScellular / Array Digital Infrastructure (CIK 0000821130) Tower Portfolio (4,449 owned towers, 2,535 colocations, 1.57x tenancy rate at Q2 2026), Standalone SEC Financials, and Pre-Acquisition Wireless Subscriber Base (4,387k retail connections at Q2 2025); and (12) 14 BLS/FRED Monthly Telecom Price & Employment Indices (through September 2026) and 6 U.S. Telecom & Broadband Peers (TMUS, VZ, T, CMCSA, CHTR, FYBR).
  • No parent-only standalone financial statements exist under U.S. GAAP (Form 10-K omits Schedule I), so no Consolidated − Standalone subtraction is performed. All values are strictly as published (with verbatim quotes on hover for text-extracted metrics; bound disclosures are excluded from table cells). The only arithmetic shown in table cells is period splitting (Q4 = full year − 9M; Q2 = 6M − Q1; Q3 = 9M − 6M), displayed in italic with the formula.

Data updated 2026-10-25.

Every KPI on its own page

Full history, chart, sources and a citation for each metric

Equipment Installment Plan (EIP) Financing, Credit Quality Matrix & Securitization

Workforce, Executive Compensation, Equity Awards, Pension & ESG / Supply Chain

UScellular / Array Digital Infrastructure — Towers, Financials & Acquired Wireless