T-Mobile US Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	10,992	11,339	8,317	2,590	3,024
Depreciation & Amortization	13,411	12,919	12,818	13,651	16,383
Loss (Gain) From Sale of Assets	-	-	9	377	-
Asset Writedown & Restructuring Costs	375	-	-	477	-
Stock-Based Compensation	829	649	667	595	540
Provision & Write-off of Bad Debts	1,370	1,192	898	1,026	452
Other Operating Activities	3,367	3,203	2,908	1,120	632
Change in Accounts Receivable	-1,632	-3,611	-4,868	-6,342	-6,366
Change in Inventory	-615	131	197	744	201
Change in Accounts Payable	1,542	-2,041	-1,126	558	549
Change in Other Net Operating Assets	-1,689	-1,488	-1,261	1,985	-1,498
Operating Cash Flow	27,950	22,293	18,559	16,781	13,917
Operating Cash Flow Growth	25.38%	20.12%	10.60%	20.58%	61.08%
Capital Expenditures	-9,955	-8,840	-9,801	-13,970	-12,326
Sale of Property, Plant & Equipment	2,168	99	165	9	40
Cash Acquisitions	-3,523	-373	-	-52	-1,916
Sale (Purchase) of Intangibles	-2,568	-3,471	-1,010	-3,331	-9,366
Investment in Securities	-4,056	-18	-7	-	-
Other Investing Activities	327	-48	8	149	51
Investing Cash Flow	-17,607	-9,072	-5,829	-12,359	-19,386
Long-Term Debt Issued	12,010	8,587	8,446	3,714	14,727
Total Debt Issued	12,010	8,587	8,446	3,714	14,727
Short-Term Debt Repaid	-	-	-	-	-184
Long-Term Debt Repaid	-7,451	-6,440	-6,278	-6,795	-12,211
Total Debt Repaid	-7,451	-6,440	-6,278	-6,795	-12,395
Net Debt Issued (Repaid)	4,559	2,147	2,168	-3,081	2,332
Repurchase of Common Stock	-10,408	-11,497	-13,371	-3,243	-316
Common Dividends Paid	-4,121	-3,300	-747	-	-
Dividends Paid	-4,121	-3,300	-747	-	-
Other Financing Activities	-111	-165	-147	-127	-307
Financing Cash Flow	-10,081	-12,815	-12,097	-6,451	1,709
Foreign Exchange Rate Adjustments	1	-	-	-	-
Net Cash Flow	263	406	633	-2,029	-3,760
Free Cash Flow	17,995	13,453	8,758	2,811	1,591
Free Cash Flow Growth	33.76%	53.61%	211.56%	76.68%	-
Free Cash Flow Margin	20.38%	16.53%	11.15%	3.53%	1.99%
Free Cash Flow Per Share	15.91	11.47	7.30	2.24	1.27
Cash Interest Paid	3,882	3,683	3,546	3,485	3,723
Cash Income Tax Paid	451	179	108	76	167
Levered Free Cash Flow	7,997	10,813	8,429	3,889	-608.38
Unlevered Free Cash Flow	10,355	12,945	10,514	5,992	1,480
Change in Working Capital	-2,394	-7,009	-7,058	-3,055	-7,114

Updated Feb 11, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q