Stock Analysis on Net

T-Mobile US Inc. (NASDAQ:TMUS)

$24.99

Cash Flow Statement
Quarterly Data

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

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

US$ in millions

Microsoft Excel
3 months ended: 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 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income (loss)
Depreciation and amortization
Stock-based compensation expense
Deferred income tax expense
Bad debt expense
(Gains) losses from sales of receivables
Losses on redemption of debt
Impairment expense
(Gain) loss on remeasurement of disposal group held for sale
Accounts receivable
Equipment installment plan receivables
Inventory
Operating lease right-of-use assets
Other current and long-term assets
Accounts payable and accrued liabilities
Short- and long-term operating lease liabilities
Other current and long-term liabilities
Changes in operating assets and liabilities
Other, net
Adjustments to reconcile net income (loss) to net cash provided by operating activities
Net cash provided by operating activities
Purchases of property and equipment, including capitalized interest
Purchases of spectrum licenses and other intangible assets, including deposits
Proceeds from sales of tower sites
Proceeds related to beneficial interests in securitization transactions
Net cash related to derivative contracts under collateral exchange arrangements
Acquisition of companies, net of cash acquired
Proceeds from the divestiture of prepaid business
Other, net
Net cash used in investing activities
Proceeds from issuance of long-term debt
Payments of consent fees related to long-term debt
Repayments of financing lease obligations
Repayments of short-term debt for purchases of inventory, property and equipment and other financial liabilities
Repayments of long-term debt
Issuance of common stock
Repurchases of common stock
Dividends on common stock
Proceeds from issuance of short-term debt
Repayments of short-term debt
Tax withholdings on share-based awards
Cash payments for debt prepayment or debt extinguishment costs
Other, net
Net cash provided by (used in) financing activities
Change in cash and cash equivalents, including restricted cash

Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).


The analysis of the financial data over multiple quarters reveals several notable trends and fluctuations across key financial metrics.

Net Income (Loss)
Net income exhibits volatility with a significant loss in June 2022, followed by a steady recovery and an upward trend peaking in the last few quarters ending in March 2025. This indicates fluctuating profitability with recent robust earnings.
Depreciation and Amortization
Depreciation and amortization consistently remain at a high and relatively stable level throughout the periods, displaying minor fluctuations but no clear upward or downward trends, reflecting steady asset base utilization.
Stock-based Compensation Expense
This expense remains fairly consistent, with small increases and decreases, generally fluctuating between approximately 130 and 186 million USD, indicating stable share-based payment practices.
Deferred Income Tax Expense
The deferred income tax expense shows irregular behavior with notable negative values in late 2020 and mid-2021, followed by substantial positive spikes starting late 2022 through 2025, suggesting changing tax positions or recognition timing effects.
Bad Debt Expense
Bad debt expense is generally increasing over time, with some pronounced spikes especially around late 2021 to the end of the timeline, which may indicate rising customer credit risk or collection challenges.
(Gains) Losses from Sales of Receivables
Amounts fluctuate around a moderate range, with some periods showing gains and others losses. The trend does not indicate a steady direction, implying variability in the management or performance of receivable sales.
Accounts Receivable
The accounts receivable figures alternate between negative and positive values across periods, without a consistent directional pattern, suggesting cyclical or timing-related changes in customer balances and collections.
Inventory
Inventory levels demonstrate considerable variability, with both increases and decreases across quarters. This reflects shifting inventory management or demand forecasting adjustments.
Operating Lease Right-of-Use Assets and Liabilities
Right-of-use assets generally increase over time with some minor declines, whereas operating lease liabilities show a declining trend, indicating possible lease terminations or renegotiations reducing lease obligations.
Other Operating Assets and Liabilities
Other current and long-term assets and liabilities exhibit considerable fluctuations which lack clear long-term trends, likely reflecting non-core or irregular operating activities.
Changes in Operating Assets and Liabilities
These changes show negative values consistently, indicating use of cash in working capital components, although the magnitude varies and generally decreases in intensity over time.
Net Cash Provided by Operating Activities
Operating cash flow steadily increases across the quarters with only minor dips, reaching the highest levels in the most recent periods, underlining strong cash generation capability from operations.
Purchases of Property and Equipment
Capital expenditures exhibit a decreasing trend from early to mid-periods, followed by some upticks, which signifies shifts in investment strategy or completion of major projects.
Purchases of Spectrum Licenses and Other Intangibles
These investments fluctuate sharply with significant spikes in several quarters, suggesting opportunistic or strategic spectrum acquisitions rather than consistent periodic investments.
Net Cash Used in Investing Activities
Investing cash outflows remain substantial and fairly consistent, driven primarily by capital expenditures and acquisitions, with intermittent variations reflecting acquisition activity or asset sales.
Debt Issuance and Repayments
Long-term debt issuance is irregular but includes large spikes, while repayments flow steadily, indicating active debt management. Short-term debt activity involves significant issuances and repayments early in the timeline, tapering off later.
Stock Issuance and Repurchases
Common stock issuance was high in early periods but ceased later, whereas repurchases of common stock resumed with significant volumes in later periods, implying shifting capital return policies.
Dividends on Common Stock
Dividends commence in later periods with consistent payments, demonstrating initiation of shareholder returns through dividends in addition to repurchases.
Net Cash Provided by/(Used in) Financing Activities
Financing cash flows are highly variable, with notable positive spikes corresponding to large equity issuances and debt transactions, and significant negative values linked to repurchases and repayments, showing dynamic financing approaches.
Change in Cash and Cash Equivalents
Cash levels fluctuate with significant positive and negative swings, generally influenced by the net effects of operating, investing, and financing activities. The variability indicates responsive liquidity management amid changing operational cash flows and financing strategies.

Overall, the data reflects a company navigating through volatile net income performance, maintaining strong and growing operational cash flows, managing fluctuating capital investments, and employing dynamic financing strategies through debt and equity markets coupled with regular shareholder returns. The trends suggest operational resilience, proactive balance sheet management, and ongoing investment in assets and spectrum essential for business growth.