How does T-Mobile US (TMUS) make money?

T-Mobile US (TMUS) primarily makes money through Branded Postpaid Revenue, which accounts for 65.6% of total revenue. For TTM through Q4 2025, T-Mobile US generated $88.31B in total revenue with a net profit margin of 12.4%.

What is T-Mobile US (TMUS) gross profit margin?

T-Mobile US (TMUS) reported a gross profit margin of 54.8% for TTM through Q4 2025, equivalent to $48.40B in gross profit. This means T-Mobile US retains 54.8% of each revenue unit after direct costs of production.

What is T-Mobile US (TMUS) operating profit margin?

T-Mobile US (TMUS) reported an operating profit margin of 21.2% for TTM through Q4 2025, equivalent to $18.74B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is T-Mobile US (TMUS) net profit margin?

T-Mobile US (TMUS) reported a net profit margin of 12.4% for TTM through Q4 2025, equivalent to $10.99B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does T-Mobile US (TMUS) invest in R&D?

T-Mobile US (TMUS) invested $278.00M in research and development in TTM through Q4 2025 (0.3% of total revenue). R&D spending reflects investment in future products, services, and technologies.

How much does T-Mobile US (TMUS) spend on capital expenditures?

T-Mobile US (TMUS) spent $9.96B on capital expenditures in TTM through Q4 2025 (11.3% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is T-Mobile US (TMUS) free cash flow?

T-Mobile US (TMUS) generated $18.00B in free cash flow for TTM through Q4 2025 (20.4% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is T-Mobile US (TMUS) effective tax rate?

T-Mobile US (TMUS) had an effective tax rate of 23% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

How T-Mobile US (TMUS) Makes Money: A Visual Guide

T-Mobile US (TMUS) generated $88.31B in revenue, earning $10.99B in net profit (12.4% margin). Its largest revenue source is Branded Postpaid Revenue (65.6% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

T-Mobile US (TMUS) Income Statement Flow — TTM through Q4 2025

Calculated from the four most recent reported quarters, ending December 31, 2025 (reported February 11, 2026).

Frequently asked questions

How does T-Mobile US (TMUS) make money?: T-Mobile US (TMUS) primarily makes money through Branded Postpaid Revenue, which accounts for 65.6% of total revenue. For TTM through Q4 2025, T-Mobile US generated $88.31B in total revenue with a net profit margin of 12.4%.
What is T-Mobile US (TMUS) gross profit margin?: T-Mobile US (TMUS) reported a gross profit margin of 54.8% for TTM through Q4 2025, equivalent to $48.40B in gross profit. This means T-Mobile US retains 54.8% of each revenue unit after direct costs of production.
What is T-Mobile US (TMUS) operating profit margin?: T-Mobile US (TMUS) reported an operating profit margin of 21.2% for TTM through Q4 2025, equivalent to $18.74B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is T-Mobile US (TMUS) net profit margin?: T-Mobile US (TMUS) reported a net profit margin of 12.4% for TTM through Q4 2025, equivalent to $10.99B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does T-Mobile US (TMUS) invest in R&D?: T-Mobile US (TMUS) invested $278.00M in research and development in TTM through Q4 2025 (0.3% of total revenue). R&D spending reflects investment in future products, services, and technologies.
How much does T-Mobile US (TMUS) spend on capital expenditures?: T-Mobile US (TMUS) spent $9.96B on capital expenditures in TTM through Q4 2025 (11.3% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is T-Mobile US (TMUS) free cash flow?: T-Mobile US (TMUS) generated $18.00B in free cash flow for TTM through Q4 2025 (20.4% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is T-Mobile US (TMUS) effective tax rate?: T-Mobile US (TMUS) had an effective tax rate of 23% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q4 2025.