T-Mobile US (TMUS) TMUS Q4 Financial Results Summary

T-Mobile US, Inc. (TMUS) Q4 2025 Financial Results Summary

Release Date: February 11, 2026

T-Mobile US, Inc. (NASDAQ: TMUS) reported its financial results for the fourth quarter of 2025, highlighting significant growth across several key metrics and maintaining its position as a leading player in the wireless market. Below is a summary of the company’s performance and operational highlights from the report.

Key Financial Metrics

• Total Service Revenues
• Q4 2025: $18.7 billion (up 10% from Q4 2024)

• Full Year 2025: $71.3 billion (up 8% from 2024)

• Postpaid Service Revenues

• Q4 2025: $15.4 billion (up 14% from Q4 2024)

• Full Year 2025: $57.9 billion (up 11% from 2024)

• Net Income

• Q4 2025: $2.1 billion (down 22.5% from Q4 2024; impacted by severance and other costs)

• Full Year 2025: $11.0 billion (down 3.1% from 2024)

• Diluted Earnings Per Share (EPS)

• Q4 2025: $1.88 (down 22% from Q4 2024)

• Full Year 2025: $9.72 (up 0.6% from 2024)

• Core Adjusted EBITDA

• Q4 2025: $8.4 billion (up 7% from Q4 2024)

• Full Year 2025: $33.9 billion (up 6.7% from 2024)

• Net Cash Provided by Operating Activities

• Q4 2025: $6.7 billion (up 20% from Q4 2024)

• Full Year 2025: $28.0 billion (up 25% from 2024)

• Adjusted Free Cash Flow

• Q4 2025: $4.2 billion (up 2% from Q4 2024)
• Full Year 2025: $18.0 billion (up 6% from 2024)

Customer Growth Highlights

• Postpaid Net Customer Additions
• Q4 2025: 2.4 million (up from 2.0 million in Q4 2024)

• Full Year 2025: 7.8 million (up from 6.3 million in 2024)

• Postpaid Phone Net Customer Additions

• Q4 2025: 962,000 (up from 903,000 in Q4 2024)

• Full Year 2025: 3.3 million (up from 3.1 million in 2024)

• Total Broadband Net Customer Additions

• Q4 2025: 558,000 (up from 432,000 in Q4 2024)

• Full Year 2025: 2.0 million (up from 1.7 million in 2024)

• 5G Broadband Customers

• Total Customers Ending Q4 2025: 142.4 million

Shareholder Returns and Corporate Actions

• Stockholder Returns
• Cumulative to December 31, 2025: $45.4 billion
• Share Repurchases: 216 million shares repurchased for $37.2 billion since the initiation of the return program; 11.9 million shares repurchased for $2.5 billion in Q4 2025.

• Cash Dividends: $8.2 billion total dividends paid since initiation, with $1.1 billion in Q4 2025.

• Dividends

• Cash dividends of $4.1 billion for the full year 2025.

Network Recognition and Leadership

• T-Mobile ranked highest in network quality for the first time across five of six regions in the J.D. Power 2026 U.S. Wireless Network Quality Study.
• T-Mobile won all five overall network experience categories from Opensignal, reaffirming their network reliability and consistency.
• Recognized as the Best Mobile Network in the U.S. by Ookla, highlighting outstanding performance in 5G connectivity and customer experience.

Outlook for 2026

• Management projects continued growth, expecting postpaid net account additions between 900,000 and 1.0 million.
• Core Adjusted EBITDA forecasted to range between $37 billion and $37.5 billion.
• Anticipate cash purchases of property and equipment approximately $10 billion and adjusted free cash flow between $18 billion and $18.7 billion.

The results underscore T-Mobile’s focus on maintaining its market leadership through innovative services and robust customer engagement strategies. For further financial details and metrics, refer to the T-Mobile Investor Relations website.

Condensed Consolidated Statements of Income (in millions)

Condensed Consolidated Balance Sheets (in millions)