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Nasdaq · Communication Services

T-Mobile US, Inc. (TMUS)

As-reported financials and recent SEC filings for T-Mobile US, Inc., latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About T-Mobile US, Inc.

T-Mobile US, Inc. provides wireless communications and broadband services to postpaid and prepaid customers in the United States. The company offers a range of service plans, wireless devices, and accessories through its brands including T-Mobile, Metro by T-Mobile, and Mint Mobile. It operates a nationwide 5G network and serves consumers, businesses, wholesale partners, and other customers with products such as smartphones, wearables, tablets, 5G broadband gateways, and fiber internet services.

Snapshot

Revenue
$88.31B
Revenue growth (YoY)
8.5%
Net income
$10.99B
Diluted EPS
$9.72
Gross margin
Operating margin
20.7%
Net margin
12.4%
FCF margin
20.4%
ROE
18.6%
P/E (TTM)
18.5×
Market cap
$190.09B
Debt / equity
1.4×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at T-Mobile US

  • Revenue grew 8.5% to $88.3B in FY2025, faster than the 3.6% the year before.
  • Operating margin is 20.7% in FY2025, +12.1 pp against 8.6% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $22.8B, up 7.9% from Q2 FY2025.
  • Free cash flow was $18.0B in FY2025, 20.4% of revenue.
  • Net income fell 3.1% to $11.0B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where T-Mobile US’s fundamentals sit among the 215 Communication Services companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin20.7%
90th percentile of 186
Net margin12.4%
84th percentile of 192
FCF margin20.4%
88th percentile of 165
Revenue growth (YoY)+8.5%
62nd percentile of 208
ROE18.6%
84th percentile of 163
P/E (TTM)18.5×
37th percentile of 95
Debt / equity1.37×
69th percentile of 101
Short interest4.84d
58th percentile of 215

T-Mobile US’s operating margin of 20.7% ranks in the 90th percentile of the 186 Communication Services companies reporting it. T-Mobile US’s FCF margin of 20.4% ranks in the 88th percentile of the 165 Communication Services companies reporting it.

1 open-market insider buy totaling $1.0M in the last 90 days, against 2 sales totaling $1.9M. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 5 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
5
+7 quant / multi-strat
Initiated / added
7
1 new, 6 added
Reduced / exited
5
5 trimmed, 0 exited
Combined position
$4.75B
reported long value
InvestorAs ofPosition valueSharesChange
Dodge & CoxQ1 2026$1.29B6.2MReduced
Two Sigma InvestmentsquantQ1 2026$817.3M3.9MAdded
Viking Global InvestorsQ1 2026$623.2M3.0MReduced
AQR Capital ManagementquantQ1 2026$565.0M2.7MAdded
Citadel AdvisorsquantQ1 2026$527.6M2.5MAdded
Millennium ManagementquantQ1 2026$312.6M1.5MAdded
Point72 Asset ManagementquantQ1 2026$302.8M1.4MAdded
D. E. ShawquantQ1 2026$201.1M957.4KReduced
Renaissance TechnologiesquantQ1 2026$59.0M280.8KReduced
Gotham Asset ManagementQ1 2026$22.7M108.0KAdded
Bridgewater AssociatesQ1 2026$20.7M98.5KReduced
Maverick CapitalQ1 2026$451,9852.2KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
1
1 insider
Bought (90d)
$1.0M
open-market value
Sells (90d)
2
$1.9M
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-21
filed 2026-05-26
Freier JonChief Operating OfficerSell4.8K$190.00$912K
2026-05-01
filed 2026-05-04
Almeida AndreChief Broadband, Ent. & EmergBuy5.1K$196.18$1.0M
2026-05-01
filed 2026-05-04
Katz Michael J.Chief Bus. and Prod. OfficerSell5.0K$195.81$979K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
22.5M
settled 2026-07-15
Change vs prior
+12.6%
vs previous settlement
Days to cover
4.84
at avg daily volume
Avg daily volume
4.7M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-1522.5M+12.6%4.84
2026-06-3020.0M-14.9%2.78
2026-06-1523.5M+17.8%4.43
2026-05-2919.9M+6.6%4.66
2026-05-1518.7M+1.8%4.06
2026-04-3018.4M-0.6%2.41
2026-04-1518.5M-13.4%3.42
2026-03-3121.4M+78.2%3.52

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$88.31B$81.40B$78.56B$79.57B$80.12B
Gross profit
Operating income$18.28B$18.01B$14.27B$6.54B$6.89B
Net income$10.99B$11.34B$8.32B$2.59B$3.02B
Diluted EPS$9.72$9.66$6.93$2.06$2.41

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$5.60B$5.41B$5.13B$4.51B$6.63B
Current assets$24.46B$18.40B$19.02B$19.07B$20.89B
Total assets$219.24B$208.03B$207.68B$211.34B$206.56B
Current liabilities$24.50B$20.17B$20.93B$24.74B$23.50B
Long-term debt$81.15B$74.20B$71.40B$66.80B$67.08B
Total liabilities$160.03B$146.29B$142.97B$141.68B$137.46B
Total equity$59.20B$61.74B$64.72B$69.66B$69.10B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$27.95B$22.29B$18.56B$16.78B$13.92B
Capital expenditure$9.96B$8.84B$9.80B$13.97B$12.33B
Free cash flow$18.00B$13.45B$8.76B$2.81B$1.59B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$22.79B7.9%$3.24B$2.99
Q1 FY2026$23.11B10.6%$2.50B$2.27
Q4 FY2025$24.33B11.3%$2.10B$1.89
Q3 FY2025$21.96B8.9%$2.71B$2.41
Q2 FY2025$21.13B6.9%$3.22B$2.84
Q1 FY2025$20.89B6.6%$2.95B$2.58
Q4 FY2024$21.87B6.8%$2.98B$2.57
Q3 FY2024$20.16B4.7%$3.06B$2.61

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorCommunication Services
SIC industryRadiotelephone Communications
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2020
SEC CIK1283699

Recent SEC filings

10-K2026-02-11
View on EDGAR →
10-K2025-01-31
View on EDGAR →
10-Q2026-07-23
View on EDGAR →
10-Q2026-04-28
View on EDGAR →
10-Q2025-10-23
View on EDGAR →
10-Q2025-07-23
View on EDGAR →
8-K2026-07-23
View on EDGAR →
8-K2026-07-07
View on EDGAR →

Largest Communication Services peers

All Communication Services companies →

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.