Name: T-Mobile US Inc. (NASDAQ:TMUS) | Income Statement (Quarterly)
Creator: Stock Analysis on Net

Income Statement
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Download chart

T-Mobile US Inc., consolidated income statement (quarterly data)

US$ in millions

3 months ended:	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Postpaid revenues	16,269)	15,853)	15,629)	15,378)	14,882)	14,078)	13,594)	13,502)	13,308)	12,899)	12,631)	12,472)	12,288)	12,070)	11,862)	11,725)	11,548)	11,445)	11,201)	10,963)	10,804)	10,492)	10,303)
Prepaid revenues	2,427)	2,473)	2,517)	2,586)	2,625)	2,643)	2,643)	2,688)	2,716)	2,592)	2,403)	2,433)	2,473)	2,444)	2,417)	2,449)	2,484)	2,469)	2,455)	2,474)	2,481)	2,427)	2,351)
Wholesale and other service revenues	679)	657)	685)	738)	734)	717)	688)	738)	701)	938)	1,062)	1,138)	1,153)	1,224)	1,267)	1,344)	1,329)	1,402)	1,472)	1,526)	1,437)	1,573)	1,538)
Service revenues	19,375)	18,983)	18,831)	18,702)	18,241)	17,438)	16,925)	16,928)	16,725)	16,429)	16,096)	16,043)	15,914)	15,738)	15,546)	15,518)	15,361)	15,316)	15,128)	14,963)	14,722)	14,492)	14,192)
Equipment revenues	3,929)	3,524)	3,996)	5,364)	3,465)	3,439)	3,704)	4,699)	3,207)	3,106)	3,251)	4,174)	3,076)	3,169)	3,719)	4,451)	3,855)	4,130)	4,694)	5,506)	4,660)	5,215)	5,346)
Other revenues	280)	284)	280)	268)	251)	255)	257)	245)	230)	237)	247)	261)	262)	289)	367)	304)	261)	255)	298)	316)	242)	243)	221)
Revenues	23,584)	22,791)	23,107)	24,334)	21,957)	21,132)	20,886)	21,872)	20,162)	19,772)	19,594)	20,478)	19,252)	19,196)	19,632)	20,273)	19,477)	19,701)	20,120)	20,785)	19,624)	19,950)	19,759)
Cost of services, exclusive of depreciation and amortization	(3,007)	(2,978)	(3,339)	(3,305)	(2,873)	(2,717)	(2,602)	(2,697)	(2,722)	(2,664)	(2,688)	(2,792)	(2,886)	(2,916)	(3,061)	(3,167)	(3,712)	(4,060)	(3,727)	(3,521)	(3,538)	(3,491)	(3,384)
Cost of equipment sales, exclusive of depreciation and amortization	(5,444)	(5,055)	(5,488)	(6,967)	(4,853)	(4,659)	(4,798)	(6,088)	(4,307)	(4,088)	(4,399)	(5,608)	(4,249)	(4,088)	(4,588)	(5,504)	(4,982)	(5,108)	(5,946)	(6,931)	(5,145)	(5,453)	(5,142)
Cost of revenues	(8,451)	(8,033)	(8,827)	(10,272)	(7,726)	(7,376)	(7,400)	(8,785)	(7,029)	(6,752)	(7,087)	(8,400)	(7,135)	(7,004)	(7,649)	(8,671)	(8,694)	(9,168)	(9,673)	(10,452)	(8,683)	(8,944)	(8,526)
Gross profit	15,133)	14,758)	14,280)	14,062)	14,231)	13,756)	13,486)	13,087)	13,133)	13,020)	12,507)	12,078)	12,117)	12,192)	11,983)	11,602)	10,783)	10,533)	10,447)	10,333)	10,941)	11,006)	11,233)
Selling, general and administrative	(6,020)	(5,834)	(5,966)	(6,570)	(6,015)	(5,397)	(5,488)	(5,352)	(5,186)	(5,142)	(5,138)	(5,280)	(5,334)	(5,272)	(5,425)	(5,577)	(5,118)	(5,856)	(5,056)	(5,398)	(5,212)	(4,823)	(4,805)
Impairment expense	—)	—)	—)	—)	(278)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	(477)	—)	—)	—)	—)	—)
Gain (loss) on disposal group held for sale	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	(17)	42)	(16)	(1,071)	—)	—)	—)	—)	—)	—)
Depreciation and amortization	(3,452)	(3,434)	(3,817)	(3,756)	(3,408)	(3,146)	(3,198)	(3,149)	(3,151)	(3,248)	(3,371)	(3,318)	(3,187)	(3,110)	(3,203)	(3,262)	(3,313)	(3,491)	(3,585)	(3,872)	(4,145)	(4,077)	(4,289)
Operating income	5,661)	5,490)	4,497)	3,736)	4,530)	5,213)	4,800)	4,586)	4,796)	4,630)	3,998)	3,480)	3,596)	3,793)	3,397)	2,747)	1,281)	709)	1,806)	1,063)	1,584)	2,106)	2,139)
Interest expense, net	(1,031)	(1,055)	(1,031)	(1,012)	(924)	(922)	(916)	(841)	(836)	(854)	(880)	(849)	(790)	(861)	(835)	(822)	(827)	(851)	(864)	(821)	(836)	(850)	(835)
Other income (expense), net	(90)	(107)	(132)	(89)	(78)	(11)	(46)	94)	7)	(8)	20)	12)	41)	6)	9)	2)	(3)	(21)	(11)	(13)	(60)	(1)	(125)
Other expense, net	(1,121)	(1,162)	(1,163)	(1,101)	(1,002)	(933)	(962)	(747)	(829)	(862)	(860)	(837)	(749)	(855)	(826)	(820)	(830)	(872)	(875)	(834)	(896)	(851)	(960)
Income (loss) before income taxes	4,540)	4,328)	3,334)	2,635)	3,528)	4,280)	3,838)	3,839)	3,967)	3,768)	3,138)	2,643)	2,847)	2,938)	2,571)	1,927)	451)	(163)	931)	229)	688)	1,255)	1,179)
Income tax (expense) benefit	(1,085)	(1,089)	(830)	(532)	(814)	(1,058)	(885)	(858)	(908)	(843)	(764)	(629)	(705)	(717)	(631)	(450)	57)	55)	(218)	193)	3)	(277)	(246)
Net income (loss)	3,455)	3,239)	2,504)	2,103)	2,714)	3,222)	2,953)	2,981)	3,059)	2,925)	2,374)	2,014)	2,142)	2,221)	1,940)	1,477)	508)	(108)	713)	422)	691)	978)	933)

Financial performance over the analyzed period is characterized by a consistent expansion in service-based revenues and a significant improvement in operating profitability. While total revenues exhibit quarterly volatility due to the cyclical nature of equipment sales, the underlying core service business demonstrates a strong and steady upward trajectory.

Revenue Stream Dynamics: Service revenues have grown consistently, rising from 14.19 billion US dollars in March 2021 to 19.37 billion US dollars by September 2026. This growth is primarily driven by postpaid revenues, which increased from 10.30 billion US dollars to 16.26 billion US dollars over the same period. In contrast, wholesale and other service revenues have experienced a steady decline, falling from 1.53 billion US dollars in March 2021 to 679 million US dollars in September 2026. Prepaid revenues remained relatively stagnant, showing minimal net growth over the five-year span.; Equipment revenues exhibit significant seasonality, typically peaking in the December quarters. Despite these seasonal spikes, there is a general trend of lower equipment revenue baselines in more recent years compared to the 2021 period, suggesting a shift in the revenue mix toward high-margin services.
Operational Efficiency and Margins: Gross profit has followed a positive trend, increasing from 11.23 billion US dollars in March 2021 to 15.13 billion US dollars in September 2026. This indicates an improvement in the cost structure relative to revenue growth. Selling, general, and administrative expenses have risen gradually but have been managed effectively, moving from 4.80 billion US dollars to 6.02 billion US dollars, trailing the growth rate of gross profit.; Operating income demonstrates substantial growth, climbing from 2.13 billion US dollars in March 2021 to 5.66 billion US dollars in September 2026. A notable anomaly occurred in June 2022, where operating income dropped to 709 million US dollars, coinciding with an impairment expense of 477 million US dollars.
Net Profitability and Financing: Net income has trended upward significantly, moving from 933 million US dollars in March 2021 to 3.45 billion US dollars in September 2026. The period was marked by a brief net loss of 108 million US dollars in June 2022, but subsequent quarters show a recovered and accelerated growth pattern in bottom-line earnings.; Interest expenses, net, have increased over time, rising from 835 million US dollars in March 2021 to 1.03 billion US dollars in September 2026. This increase in financing costs has been more than offset by the growth in operating income, allowing for the continued expansion of net income.

AI Ask an analyst for more

My previous chats

Add tokens

Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.

How can I help you?

T-Mobile US Inc. (NASDAQ:TMUS)

Income StatementQuarterly Data

Income Statement
Quarterly Data