TMUS

T-Mobile US, Inc.

Ticker: TMUSCommunication ServicesCommunicationsS&P 500
HQ BELLEVUE, WACIK 1283699FY end 12-31Book / share $51.51Shares 1092M
Revenue (FY)
$88.31B+8.49%
TTM $92.19B
Op. margin
20.70%-1.43%
TTM 19.80%
Net income
$10.99B-3.06%
TTM $10.56B
Operating cash
$27.95B+25.38%
TTM $28.83B
Free cash flow
$18.00B+33.76%
TTM $18.40B
Return on equity
19.02%+0.66%
TTM 18.77%
Debt / equity
1.50+0.19%
TTM 1.54
Shares outstanding
1.1B-3.59%
TTM 1.1B

The business

T-Mobile US, Inc. (NASDAQ: TMUS) operates as America's second-largest wireless communications services provider, serving 142.4 million postpaid and prepaid customers as of December 31, 2025. The company's website is www.t-mobile.com.

T-Mobile provides wireless communications and broadband services through a comprehensive portfolio of offerings including unlimited talk, text, and data plans, 5G broadband fixed wireless services, and fiber broadband in select markets. The company operates multiple consumer brands including T-Mobile, Metro by T-Mobile, and Mint Mobile, alongside T-Mobile for Business serving enterprise customers. In 2025, service revenues were generated primarily from postpaid customers at 81 percent, prepaid customers at 15 percent, and wholesale and other services at 4 percent. The company also generates revenue through equipment sales, device protection, financial services, and advertising.

The company's competitive advantage rests on its multilayer spectrum portfolio and network infrastructure. T-Mobile controls an average of 394 MHz of combined low- and mid-band spectrum nationwide and 1,059 GHz of millimeter-wave spectrum, enabling deployment of what the company characterizes as America's largest, fastest, most awarded, and most advanced 5G network. The company operates approximately 75,000 full-time and part-time employees across network operations, retail locations, administrative functions, and customer support throughout the United States, including Puerto Rico and the U.S. Virgin Islands.

T-Mobile's business model centers on its "Un-carrier" strategy, which emphasizes customer-first innovation and elimination of industry pain points such as annual service contracts, data overages, and unpredictable international roaming fees. The company is pursuing digital transformation initiatives leveraging artificial intelligence and data analytics to enhance customer experience through its T-Life app and other digital-first channels. Additionally, T-Mobile is expanding into complementary broadband services through 5G fixed wireless and fiber partnerships to diversify revenue streams beyond traditional wireless services. The company's network strategy focuses on continuous investment in spectrum acquisition, technology deployment including 5G Advanced and Voice over New Radio, and customer-driven coverage optimization to maintain competitive differentiation in an increasingly saturated telecommunications market.

Sector
Communication Services
Industry
Communications
HQ
BELLEVUE, WA
FY end
12-31
CIK
1283699
SIC
4812
Financial performance · annual
20132025
$-9.22B$18.44B$46.09B$73.75B$101.41B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds T-Mobile US, Inc. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

984
funds hold it
0 of 35
superinvestors hold it
$33.04B
fund-held value
17.6%
of shares held by funds

Top fund holders

Fund% of fundValue
Invesco QQQ Trust, Series 1
QQQ
0.79%$3.85B
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.10%$2.31B
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.12%$2.02B
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.14%$1.14B
iShares Core S&P 500 ETF
IVV · iShares Trust
0.12%$1.07B

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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