T-Mobile US, Inc.

TMUS · Nasdaq · Communication Services · Telecom Services

Next earnings: October 28, 2026 · after the close

$166.48+0.6%Sep 28 close

1M: -8.2%
6M: -20.1%
1Y: -28.6%
5Y: +35.3%

T-Mobile sells mobile phone service, home internet, and related devices to consumers, businesses, and wireless service resellers.

Built from T-Mobile US, Inc.’s own filings with the SEC. Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.

Full financial statements →

About T-Mobile US, Inc.

T-Mobile operates a nationwide fifth-generation (5G) wireless network and sells phone service under the T-Mobile, Metro by T-Mobile, Mint Mobile, and Ultra Mobile brands. Customers may pay for service after using it, pay in advance, or buy home internet through wireless or fiber connections; businesses and resellers can also buy network service. At June 30, 2026, T-Mobile reported 34.7 million postpaid billing accounts (June 30, 2026, high); in the second quarter of 2026 it added 277,000 postpaid accounts net of accounts that left (quarter ended June 30, 2026, high).

Head office: Bellevue, Washington, and Overland Park, Kansas
Founded: 1994
Employees: approximately 75,000 (December 31, 2025, high)
Listed on: NASDAQ
Financial year ends: December 31

How it makes money

Postpaid wireless and related service68%
Wireless devices and equipment17%
Prepaid wireless service11%
Wholesale wireless service3%

Shares of revenue are estimates for quarter ended March 31, 2026, not figures from a filing.

Competes with

What it sells5

Postpaid wireless plans
Phone and connected-device plans billed after service is used, including Experience More, Experience Beyond, and Essentials.
Prepaid wireless plans
Wireless service paid for in advance and sold under T-Mobile, Metro by T-Mobile, Mint Mobile, and Ultra Mobile.
5G home internet
Home internet delivered wirelessly through a gateway that connects to T-Mobile's cellular network.

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Fiber internet
Home internet delivered over fiber-optic lines, which T-Mobile sells under its brand through joint ventures.
Devices and accessories
Smartphones, tablets, watches and other wearables, internet gateways, and accessories made by various suppliers.

Who buys it5

Consumers with postpaid wireless accounts, who generally pay after receiving service.
Consumers who buy prepaid wireless service in advance through T-Mobile, Metro by T-Mobile, Mint Mobile, or Ultra Mobile.
Business customers buying wireless and connected-device service under the T-Mobile for Business brand.

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Wireless service resellers that buy network access and sell service under their own brands.
Households and small businesses buying T-Mobile home internet through wireless or fiber connections.

What it stands on, and what could break it

What the business leans on

1Wireless service depends on access to licensed radio spectrum. The Federal Communications Commission issues and renews licenses, and T-Mobile leases some spectrum, including spectrum in the 2.5 gigahertz band.
2T-Mobile relies on outside suppliers and service providers for devices and for products and services used to operate its business and network.
3Deutsche Telekom controls a majority of T-Mobile's voting power and the T-Mobile trademarks used in its business.

How it compares with its industry

Three ratings, each a percentile against the 51 companies we cover in Telecom Services. Deliberately kept apart rather than blended into one score — cheap, rising and well-run are three different facts, and a single number would hide which one is which.

Momentum

29of 100 in its industry

Below most of its industry

12 months to a month ago-25.8%

6 months to a month ago-15.5%

The most recent month is left out on purpose: returns tend to persist over 7–12 months and the newest one tends to reverse. This describes what the price has done, and says nothing about what it will do.

Value

42of 100 in its industry

Middle of its industry

Profit for the price5.91%

Cash for the price10.30%

Sales for the price51.62%

Assets for the price33.15%

Operating profit for the whole business10.89%

Yields, so higher means cheaper — a loss-making company ranks last instead of dropping out. Cheap is not the same as good: a high yield is often a price that fell for a reason. All five measures available.

Capital allocation

3/5Mixed

1 check not reported

Return on capital7.8%

Shareholder yield7.89%

Share count, 3 years-14.6%

Net debt / EBITDA3.56x

Insiders, 12 months-$459.8M

What management does with the money — scored on whatever the filings answer, never as a share of the total.

The six capital-allocation checks

Return on the money invested7.8% on invested capital
Debt against earnings3.56x net debt to operating earnings
Cash returned to shareholders7.9% a year in buybacks and dividends
Share count over three yearsShare count 14.6% lower over three years
Payouts covered by cash flowFree cash flow covers what it pays out
Open-market insider buyingNet selling of $459.8M — not counted against the score

A description of where this company sits among its competitors, not a recommendation. Ratings updated Sep 29, 2026.

What could go wrong

1Wireless carriers and broadband providers compete for customers through prices, promotions, network service, and bundled plans; losing customers can reduce service and device revenue.
2Cyberattacks, failures in T-Mobile's systems or network, or problems at outside providers could disrupt service or expose customer data.
3Spectrum is limited and costly to acquire, and changes to spectrum rules or failure to renew or retain licenses could affect T-Mobile's ability to provide wireless service.