Filing Flows › T-Mobile US (TMUS) › Q4 2025
T-Mobile US (TMUS) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 11, 2026
T-Mobile US (TMUS) reported revenue of $24.3B for the fourth quarter 2025 (Q4 2025), +11% from a year earlier and +11% from the quarter before. Operating margin was 15.4%, net earnings $2.1B (8.6% of revenue).
T-Mobile US, Q4 2025: revenue $24.3B (+11% year over year), operating margin 15.4%, net earnings $2.1B, operating cash flow $6.7B. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24.3B | +11% | +11% |
| Operating profit | $3.7B | -18% | -19% |
| Net earnings | $2.1B | -23% | -29% |
| Operating cash flow | $6.7B | -11% | +20% |
| Free cash flow | $4.2B | — | +2% |
What changed
Revenue was $24.3B in Q4 2025, up 11% year over year and up 11% from the previous quarter. Postpaid phone revenues was the largest line at 53% of revenue.
Operating profit was $3.7B, a 15.4% margin (down 5.6 points year over year). Operating profit fell $0.85B even though revenue rose $2.5B versus a year earlier, so costs grew faster than sales. Total costs grew 19% against revenue growth of 11%. The fastest-growing cost line was SG&A (+23%). Net earnings were $2.1B, down 29% year over year. The effective tax rate was 20.2%.
Operating cash flow was $6.7B (up 20% year over year), 316% of net earnings. Non-cash charges added back $3.8B of depreciation and amortization and $0.22B of share-based compensation. Working capital and other items added $0.58B. After cash purchases of property and equipment, including capitalized interest ($2.5B), adjusted free cash flow as the company reports it was $4.2B.
Questions
What was T-Mobile US' revenue in the fourth quarter 2025?
T-Mobile US (TMUS) reported revenue of $24.3B for the fourth quarter 2025 (Q4 2025), +11% from a year earlier and +11% from the quarter before.
Was T-Mobile US profitable in the fourth quarter 2025?
Operating profit was $3.7B (15.4% of revenue) and net earnings $2.1B.
Source: T-Mobile US 10-K on SEC EDGAR.