Short answer
T-Mobile US (TMUS) filed its Q3 2025 10-Q quarterly report on Oct 23, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $22.0B (up 8.9% year over year) with net income of $2.7B.
Q3 2025 key financials · XBRL
- Revenue
- $22.0B
- +8.9% YoY · +3.9% QoQ
- Net income
- $2.7B
- −11.3% YoY · −15.8% QoQ
- Operating margin
- 20.6%
- EPS (diluted)
- $2.40
- −8.0% YoY · −15.5% QoQ
Source: XBRL data from the T-Mobile US (TMUS) Q3 2025 10-Q on SEC EDGAR. USD.
T-Mobile US Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $21.96B Q3 2025, up 9% YoY from $20.16B; nine months $63.98B, up 7% from $59.53B
- Operating income margin 20.6% Q3 2025 ($4.53B/$21.96B) vs 23.8% YoY ($4.80B/$20.16B); nine months operating income up 8% to $14.54B
- Postpaid revenues best performer: $14.88B Q3 2025, +12% YoY; Wholesale worst performer: $2.14B Q3 2025, down 21% nine months
- Cash provided by operating activities $7.46B Q3 2025, +21% YoY; investing cash outflow $10.14B Q3 2025, +207% driven by acquisitions and network build
- Management highlights completed UScellular acquisition Aug 2025, expects $1.2B annual synergy run rate; plans $14B 2025 stockholder returns program; notes near-term margin pressure from integration costs and higher costs
Risk Factors
- New CEO transition risk triggered by November 1, 2025 retirement of G. Michael Sievert and appointment of Srinivasan Gopalan
- Updated compliance risk due to expanded Government Commitments including extensive 5G build-out and network services for DISH under a 7-year MNSA
- Legal risk from potential fines and penalties if Government Commitments and MNSA obligations are not met timely
- Operational risk from supply chain disruptions and higher procurement costs caused by evolving U.S. and global trade policies, tariffs, and customs delays
- Financial risk from inflation-driven rising employee compensation costs leading to retention and recruitment challenges impacting workforce stability
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other T-Mobile US quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.