Revenue: As of FY2025, the actual value is USD 88.31 B.EPS: As of FY2025, the actual value is USD 9.72.EBIT: As of FY2025, the actual value is USD 18.06 B.<h4>Segment Revenue</h4><ul><li>Total Revenues increased by $6.9 billion (8%) to $88.309 billion in 2025, compared to $81.400 billion in 2024. In 2024, total revenues increased by $2.842 billion (4%) from $78.558 billion in 2023.<ul><li>Postpaid Revenues increased by $5.6 billion (11%) to $57.932 billion in 2025, up from $52.340 billion in 2024. In 2024, postpaid revenues increased by $3.648 billion (7%) from $48.692 billion in 2023.</li><li>Prepaid Revenues increased by $98 million (1%) to $10.497 billion in 2025, from $10.399 billion in 2024. In 2024, prepaid revenues increased by $632 million (6%) from $9.767 billion in 2023.</li><li>Wholesale and Other Service Revenues decreased by $562 million (-16%) to $2.877 billion in 2025, from $3.439 billion in 2024. In 2024, these revenues decreased by $1.343 billion (-28%) from $4.782 billion in 2023.</li><li>Equipment Revenues increased by $1.709 billion (12%) to $15.972 billion in 2025, from $14.263 billion in 2024. In 2024, equipment revenues increased by $125 million (1%) from $14.138 billion in 2023.</li></ul></li></ul><h4>Operational Metrics</h4><ul><li>Total Operating Expenses increased by $6.640 billion (10%) to $70.030 billion in 2025, from $63.390 billion in 2024. In 2024, total operating expenses decreased by $902 million (-1%) from $64.292 billion in 2023.<ul><li>Cost of Services (exclusive of depreciation and amortization) increased by $726 million (7%) to $11.497 billion in 2025, from $10.771 billion in 2024. In 2024, this cost decreased by $884 million (-8%) from $11.655 billion in 2023.</li><li>Cost of Equipment Sales (exclusive of depreciation and amortization) increased by $2.395 billion (13%) to $21.277 billion in 2025, from $18.882 billion in 2024. In 2024, this cost increased by $349 million (2%) from $18.533 billion in 2023.</li><li>Selling, General and Administrative Expenses increased by $2.652 billion (13%) to $23.470 billion in 2025, from $20.818 billion in 2024. In 2024, this expense decreased by $493 million (-2%) from $21.311 billion in 2023.</li><li>Impairment Expense was $278 million in 2025, compared to $0 in 2024 and 2023.</li><li>Depreciation and Amortization increased by $589 million (5%) to $13.508 billion in 2025, from $12.919 billion in 2024. In 2024, this expense increased by $101 million (1%) from $12.818 billion in 2023.</li></ul></li><li>Operating Income increased by $269 million (1%) to $18.279 billion in 2025, from $18.010 billion in 2024. In 2024, operating income increased by $3.744 billion (26%) from $14.266 billion in 2023.</li><li>Net Income was $10.992 billion in 2025, a decrease of $347 million (-3%) from $11.339 billion in 2024. In 2024, net income increased by $3.022 billion (36%) from $8.317 billion in 2023.<ul><li>Net income for 2025 included $293 million (net of tax) for severance and related costs from the 2025 Workforce Transformation and $208 million (net of tax) for impairment expense related to capitalized software development costs.</li></ul></li></ul><h4>Cash Flow</h4><ul><li>Net Cash Provided by Operating Activities increased by $5.657 billion (25%) to $27.950 billion in 2025, from $22.293 billion in 2024. In 2024, operating cash flow increased by $3.734 billion (20%) from $18.559 billion in 2023.</li><li>Net Cash Used in Investing Activities was -$17.607 billion in 2025, an increase of $8.535 billion (94%) from -$9.072 billion in 2024. In 2024, investing cash flow increased by $3.243 billion (56%) from -$5.829 billion in 2023.</li><li>Adjusted Free Cash Flow increased by $963 million (6%) to $17.995 billion in 2025, from $17.032 billion in 2024. In 2024, adjusted free cash flow increased by $3.446 billion (25%) from $13.586 billion in 2023.</li></ul><h4>Unique Metrics</h4><ul><li>Total Customers reached 142.388 million as of December 31, 2025, an increase of 12.860 million (10%) from 129.528 million in 2024. In 2024, total customers increased by 9.828 million (8%) from 119.700 million in 2023.<ul><li>Postpaid Accounts reached 34.240 million as of December 31, 2025, an increase of 3.346 million (11%) from 30.894 million in 2024. In 2024, postpaid accounts increased by 1.097 million (4%) from 29.797 million in 2023.</li><li>Postpaid Net Account Additions increased by 83,000 (8%) to 1.180 million in 2025, from 1.097 million in 2024. In 2024, net account additions decreased by 174,000 (-14%) from 1.271 million in 2023.</li><li>Postpaid Phone Customers reached 85.594 million as of December 31, 2025, an increase of 6.581 million (8%) from 79.013 million in 2024. In 2024, postpaid phone customers increased by 3.077 million (4%) from 75.936 million in 2023.</li><li>Postpaid Other Customers reached 30.851 million as of December 31, 2025, an increase of 5.746 million (23%) from 25.105 million in 2024. In 2024, postpaid other customers increased by 2.989 million (14%) from 22.116 million in 2023.<ul><li>5G broadband customers (included in Postpaid other) were 7.602 million in 2025, up from 5.742 million in 2024.</li><li>Fiber customers (included in Postpaid other) were 997,000 in 2025.</li></ul></li><li>Prepaid Customers reached 25.943 million as of December 31, 2025, an increase of 533,000 (2%) from 25.410 million in 2024. In 2024, prepaid customers increased by 3.762 million (17%) from 21.648 million in 2023.<ul><li>5G broadband customers (included in Prepaid) were 848,000 in 2025, up from 688,000 in 2024.</li></ul></li></ul></li><li>Postpaid Phone Churn increased by 7 basis points to 0.93% in 2025, from 0.86% in 2024. In 2024, postpaid phone churn decreased by 1 basis point from 0.87% in 2023.</li><li>Prepaid Churn decreased by 1 basis point to 2.72% in 2025, from 2.73% in 2024. In 2024, prepaid churn decreased by 3 basis points from 2.76% in 2023.</li><li>Postpaid ARPA increased by $5.12 (4%) to $148.97 in 2025, from $143.85 in 2024. In 2024, postpaid ARPA increased by $4.58 (3%) from $139.27 in 2023.</li><li>Postpaid Phone ARPU increased by $1.02 (2%) to $50.37 in 2025, from $49.35 in 2024. In 2024, postpaid phone ARPU increased by $0.52 (1%) from $48.83 in 2023.</li><li>Prepaid ARPU decreased by -$1.92 (-5%) to $34.14 in 2025, from $36.06 in 2024. In 2024, prepaid ARPU decreased by -$1.86 (-5%) from $37.92 in 2023.</li></ul><h4>Outlook / Guidance</h4>For 2026, T-Mobile US, Inc. expects continued growth in Postpaid service revenues, driven by an increase in postpaid accounts, customers, and higher postpaid Average Revenue per Account (ARPA) due to deepening account relationships and broadband expansion. Wholesale and other service revenues are projected to remain relatively flat or slightly increase, primarily from higher advertising revenues offsetting lower MVNO revenues. Total operating expenses are anticipated to rise, mainly due to increased depreciation and amortization from 5G network build-out, higher equipment sales costs, and increased service and administrative expenses following the UScellular Acquisition.

T-Mobile USA Inc Pref Shares TMUSZ 5.5 Perp 03/01/2070 | 10-K: FY2025 Revenue: USD 88.31 B