T-Mobile US, Inc. (TMUS) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
12920 SE 38TH STREET BELLEVUE, WA 98006 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4812 - Radiotelephone Communications (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2025 MRQ | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 5,409 | 5,135 | 4,507 | 6,631 | 10,385 | 1,528 | |||
| Cash and cash equivalent | 5,409 | 5,135 | 4,507 | 6,631 | 10,385 | 1,528 | |||
| Receivables | 8,655 | 9,148 | 9,568 | 8,942 | 7,853 | 4,508 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,607 | 1,678 | 1,884 | 2,567 | 2,527 | 964 | |||
| Inventory | 1,607 | 1,678 | 1,884 | 2,567 | 2,527 | 964 | |||
| Prepaid expense | 880 | 702 | 673 | 746 | 624 | ||||
| Other current assets | 1,853 | 2,352 | 2,435 | 2,005 | 2,496 | 2,305 | |||
| Total current assets: | 18,404 | 19,015 | 19,067 | 20,891 | 23,885 | 9,305 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 3,091 | 3,270 | 3,257 | 3,322 | 3,028 | 2,715 | |||
| Operating lease, right-of-use asset | 25,398 | 27,135 | 28,715 | 26,959 | 28,021 | 10,933 | |||
| Property, plant and equipment | 38,533 | 40,432 | 42,086 | 39,803 | 41,175 | 21,984 | |||
| Long-term investments and receivables | 2,209 | 2,042 | 2,546 | 2,829 | 2,031 | 1,583 | |||
| Accounts and financing receivable, after allowance for credit loss | 2,209 | 2,042 | 2,546 | 2,829 | 2,031 | 1,583 | |||
| Intangible assets, net (including goodwill) | 116,075 | 111,559 | 111,540 | 109,527 | 99,243 | 38,510 | |||
| Goodwill | 13,005 | 12,234 | 12,234 | 12,188 | 11,117 | 1,930 | |||
| Intangible assets, net (excluding goodwill) | 103,070 | 99,325 | 99,306 | 97,339 | 88,126 | 36,580 | |||
| Other noncurrent assets | 4,325 | 4,229 | 4,127 | 3,232 | 2,779 | 1,891 | |||
| Total noncurrent assets: | 189,631 | 188,667 | 192,271 | 185,672 | 176,277 | 77,616 | |||
| TOTAL ASSETS: | 208,035 | 207,682 | 211,338 | 206,563 | 200,162 | 86,921 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 8,463 | 10,373 | 12,275 | 11,405 | 10,196 | 6,746 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 710 | 771 | 227 | ||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | 1,343 | 1,163 | 802 | ||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 1,830 | 1,540 | 682 | ||
| Accounts payable | 4,242 | 5,573 | 7,213 | 6,499 | 5,564 | 4,322 | |||
| Accrued liabilities | 4,221 | 4,639 | 4,835 | 775 | 941 | 557 | |||
| Other undisclosed accounts payable and accrued liabilities | 161 | 227 | 248 | 217 | 156 | ||||
| Deferred revenue | 1,222 | 825 | 780 | 856 | 1,030 | 631 | |||
| Debt | 5,243 | 4,879 | 6,325 | 7,876 | 5,642 | 3,294 | |||
| Other liabilities | 1,965 | 1,296 | 1,850 | 967 | 810 | 1,673 | |||
| Due to related parties | ✕ | ✕ | ✕ | 2,348 | 157 | 187 | |||
| Other undisclosed current liabilities | 3,281 | 3,555 | 3,512 | 47 | 3,868 | (25) | |||
| Total current liabilities: | 20,174 | 20,928 | 24,742 | 23,499 | 21,703 | 12,506 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 75,348 | 72,635 | 66,671 | 94,349 | 89,993 | 22,843 | |||
| Long-term debt, excluding current maturities | 74,197 | 71,399 | 65,301 | 67,076 | 61,830 | 10,958 | |||
| Finance lease, liability | 1,151 | 1,236 | 1,370 | 1,455 | 1,444 | 1,346 | |||
| Liabilities, other than long-term debt | 47,108 | 45,627 | 46,335 | 16,807 | 20,094 | 20,547 | |||
| Deferred income tax liabilities | 16,700 | 13,458 | 10,884 | 10,216 | 9,966 | 5,607 | |||
| Due to related parties | ✕ | ✕ | ✕ | 1,495 | 1,494 | 4,716 | 13,986 | ||
| Other liabilities | 4,000 | 3,929 | 4,101 | 5,097 | 5,412 | 954 | |||
| Operating lease, liability | 26,408 | 28,240 | 29,855 | 25,818 | 26,719 | 10,539 | |||
| Other undisclosed noncurrent liabilities | 3,664 | 3,777 | 3,934 | 2,806 | 3,028 | 2,236 | |||
| Total noncurrent liabilities: | 126,120 | 122,039 | 116,940 | 113,962 | 113,115 | 45,626 | |||
| Total liabilities: | 146,294 | 142,967 | 141,682 | 137,461 | 134,818 | 58,132 | |||
| Equity | |||||||||
| Equity, attributable to parent | 61,741 | 64,715 | 69,656 | 69,102 | 65,344 | 28,789 | |||
| Treasury stock, value | (20,584) | (9,373) | (3,016) | (13) | (11) | (8) | |||
| Additional paid in capital | 68,798 | 67,705 | 73,941 | 73,292 | 72,772 | 38,498 | |||
| Accumulated other comprehensive loss | (857) | (964) | (1,046) | (1,365) | (1,581) | (868) | |||
| Retained earnings (accumulated deficit) | 14,384 | 7,347 | (223) | (2,812) | (5,836) | (8,833) | |||
| Total equity: | 61,741 | 64,715 | 69,656 | 69,102 | 65,344 | 28,789 | |||
| TOTAL LIABILITIES AND EQUITY: | 208,035 | 207,682 | 211,338 | 206,563 | 200,162 | 86,921 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 81,400 | 78,558 | 79,571 | 80,118 | 68,397 | 44,998 | ||
| Cost of revenue | (39,572) | (40,103) | (46,724) | (50,221) | (38,819) | (24,193) | ||
| Gross profit: | 41,828 | 38,455 | 32,847 | 29,897 | 29,578 | 20,805 | ||
| Operating expenses | (23,818) | (24,189) | (26,304) | (23,005) | (22,942) | (15,083) | ||
| Operating income: | 18,010 | 14,266 | 6,543 | 6,892 | 6,636 | 5,722 | ||
| Nonoperating expense | (3,298) | (3,267) | (3,397) | (3,541) | (3,106) | (1,119) | ||
| Interest and debt expense | (111) | (79) | (68) | (184) | (371) | (19) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 371 | 19 | ||||||
| Income from continuing operations before equity method investments, income taxes: | 14,601 | 10,920 | 3,078 | 3,167 | 3,530 | 4,603 | ||
| Other undisclosed income from continuing operations before income taxes | 111 | 79 | 68 | 184 | ||||
| Income from continuing operations before income taxes: | 14,712 | 10,999 | 3,146 | 3,351 | 3,530 | 4,603 | ||
| Income tax expense | (3,373) | (2,682) | (556) | (327) | (786) | (1,135) | ||
| Income from continuing operations: | 11,339 | 8,317 | 2,590 | 3,024 | 2,744 | 3,468 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 3,024 | 3,064 | 3,468 | |
| Income from discontinued operations | 320 | |||||||
| Net income available to common stockholders, diluted: | 11,339 | 8,317 | 2,590 | 3,024 | 3,064 | 3,468 | ||
Comprehensive Income ($ in millions)
| 6/30/2025 TTM | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 11,339 | 8,317 | 2,590 | 3,024 | 3,064 | 3,468 | ||
| Other comprehensive income (loss) | 107 | 82 | 319 | 216 | (713) | (536) | ||
| Comprehensive income, net of tax, attributable to parent: | 11,446 | 8,399 | 2,909 | 3,240 | 2,351 | 2,932 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.