T-Mobile US annual free cash flow
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T-Mobile US Free Cash Flow (FCF) History (TMUS)
T-Mobile US reported $18.00B in free cash flow for fiscal 2025, an increase of 33.76% from the previous fiscal year, with a free cash flow margin of 20.38%.
View full T-Mobile US company overviewT-Mobile US free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $18.00B | $4.54B | +33.76% | +20.38% |
| 2024 | 2024-12-31 | $13.45B | $4.70B | +53.61% | +16.53% |
| 2023 | 2023-12-31 | $8.76B | $5.95B | +211.56% | +11.15% |
| 2022 | 2022-12-31 | $2.81B | $1.22B | +76.68% | +3.53% |
| 2021 | 2021-12-31 | $1.59B | $3.98B | — | +1.99% |
| 2020 | 2020-12-31 | −$2.39B | −$2.83B | — | −3.50% |
| 2019 | 2019-12-31 | $433.0M | $2.08B | — | +0.96% |
| 2018 | 2018-12-31 | −$1.64B | −$236.0M | — | −3.79% |
| 2017 | 2017-12-31 | −$1.41B | $517.0M | — | −3.46% |
| 2016 | 2016-12-31 | −$1.92B | −$2.61B | — | −5.13% |
| 2015 | 2015-12-31 | $690.0M | $861.0M | — | +2.13% |
| 2014 | 2014-12-31 | −$171.0M | $309.0M | — | −0.58% |
| 2013 | 2013-12-31 | −$480.0M | −$1.44B | — | −1.97% |
| 2012 | 2012-12-31 | $961.0M | −$1.29B | −57.31% | +4.87% |
| 2011 | 2011-12-31 | $2.25B | $2.05B | +1002.81% | +10.92% |
| 2010 | 2010-12-31 | $204.1M | $136.4M | +201.61% | +5.02% |
| 2009 | 2009-12-31 | $67.7M | $574.8M | — | +1.94% |
| 2008 | 2008-12-31 | −$507.1M | — | — | −18.43% |
T-Mobile US quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $4.80B | $201.0M | +4.37% | +21.05% |
| Q1 2026 | 2026-03-31 | $4.60B | $203.0M | +4.62% | +19.90% |
| Q4 2025 | 2025-12-31 | $4.18B | $848.0M | +25.41% | +17.20% |
| Q3 2025 | 2025-09-30 | $4.82B | $640.0M | +15.32% | +21.94% |
| Q2 2025 | 2025-06-30 | $4.60B | $1.11B | +32.03% | +21.75% |
| Q1 2025 | 2025-03-31 | $4.40B | $1.94B | +78.92% | +21.05% |
| Q4 2024 | 2024-12-31 | $3.34B | $65.0M | +1.99% | +15.26% |
| Q3 2024 | 2024-09-30 | $4.18B | $1.31B | +45.57% | +20.72% |
| Q2 2024 | 2024-06-30 | $3.48B | $1.92B | +122.29% | +17.61% |
| Q1 2024 | 2024-03-31 | $2.46B | $1.41B | +134.00% | +12.54% |
| Q4 2023 | 2023-12-31 | $3.27B | $2.32B | +243.34% | +15.98% |
| Q3 2023 | 2023-09-30 | $2.87B | $2.11B | +279.13% | +14.91% |
| Q2 2023 | 2023-06-30 | $1.57B | $929.0M | +145.84% | +8.16% |
| Q1 2023 | 2023-03-31 | $1.05B | $586.0M | +126.29% | +5.35% |
| Q4 2022 | 2022-12-31 | $953.0M | $882.0M | +1242.25% | +4.70% |
| Q3 2022 | 2022-09-30 | $757.0M | $224.0M | +42.03% | +3.89% |
| Q2 2022 | 2022-06-30 | $637.0M | $128.0M | +25.15% | +3.23% |
| Q1 2022 | 2022-03-31 | $464.0M | −$14.0M | −2.93% | +2.31% |
| Q4 2021 | 2021-12-31 | $71.0M | $404.0M | — | +0.34% |
| Q3 2021 | 2021-09-30 | $533.0M | $978.0M | — | +2.72% |
| Q2 2021 | 2021-06-30 | $509.0M | $1.99B | — | +2.55% |
| Q1 2021 | 2021-03-31 | $478.0M | $614.0M | — | +2.42% |
| Q4 2020 | 2020-12-31 | −$333.0M | −$713.0M | — | −1.64% |
| Q3 2020 | 2020-09-30 | −$445.0M | −$679.0M | — | −2.31% |
| Q2 2020 | 2020-06-30 | −$1.48B | −$1.84B | — | −8.38% |
| Q1 2020 | 2020-03-31 | −$136.0M | $403.0M | — | −1.22% |
| Q4 2019 | 2019-12-31 | $380.0M | $610.0M | — | +3.20% |
| Q3 2019 | 2019-09-30 | $234.0M | $682.0M | — | +2.12% |
| Q2 2019 | 2019-06-30 | $358.0M | $726.0M | — | +3.26% |
| Q1 2019 | 2019-03-31 | −$539.0M | $57.0M | — | −4.86% |
| Q4 2018 | 2018-12-31 | −$230.0M | −$174.0M | — | −2.01% |
| Q3 2018 | 2018-09-30 | −$448.0M | −$259.0M | — | −4.13% |
| Q2 2018 | 2018-06-30 | −$368.0M | −$127.0M | — | −3.48% |
| Q1 2018 | 2018-03-31 | −$596.0M | $324.0M | — | −5.70% |
| Q4 2017 | 2017-12-31 | −$56.0M | $2.56B | — | −0.52% |
| Q3 2017 | 2017-09-30 | −$189.0M | −$770.0M | — | −1.89% |
| Q2 2017 | 2017-06-30 | −$241.0M | −$660.0M | — | −2.36% |
| Q1 2017 | 2017-03-31 | −$920.0M | −$610.0M | — | −9.57% |
| Q4 2016 | 2016-12-31 | −$2.61B | −$3.42B | — | −25.53% |
| Q3 2016 | 2016-09-30 | $581.0M | $170.0M | +41.36% | +6.24% |
| Q2 2016 | 2016-06-30 | $419.0M | $449.0M | — | +4.51% |
| Q1 2016 | 2016-03-31 | −$310.0M | $183.0M | — | −3.58% |
| Q4 2015 | 2015-12-31 | $802.0M | $746.0M | +1332.14% | +9.26% |
| Q3 2015 | 2015-09-30 | $411.0M | $480.0M | — | +5.24% |
| Q2 2015 | 2015-06-30 | −$30.0M | −$60.0M | — | −0.37% |
| Q1 2015 | 2015-03-31 | −$493.0M | −$305.0M | — | −6.34% |
| Q4 2014 | 2014-12-31 | $56.0M | −$66.0M | −54.10% | +0.69% |
| Q3 2014 | 2014-09-30 | −$69.0M | $122.0M | — | −0.94% |
| Q2 2014 | 2014-06-30 | $30.0M | $274.0M | — | +0.42% |
| Q1 2014 | 2014-03-31 | −$188.0M | −$21.0M | — | −2.73% |
| Q4 2013 | 2013-12-31 | $122.0M | −$135.0M | −52.53% | +1.79% |
| Q3 2013 | 2013-09-30 | −$191.0M | −$272.0M | — | −2.86% |
| Q2 2013 | 2013-06-30 | −$244.0M | −$874.1M | — | −3.92% |
| Q1 2013 | 2013-03-31 | −$167.0M | −$159.9M | — | −3.57% |
| Q4 2012 | 2012-12-31 | $257.0M | −$1.94B | −88.30% | +2.97% |
| Q3 2012 | 2012-09-30 | $81.0M | $57.5M | +244.56% | +1.66% |
| Q2 2012 | 2012-06-30 | $630.1M | $550.9M | +695.13% | +12.90% |
| Q1 2012 | 2012-03-31 | −$7.1M | $41.6M | — | −0.56% |
| Q4 2011 | 2011-12-31 | $2.20B | $2.12B | +2923.33% | +12.92% |
| Q3 2011 | 2011-09-30 | $23.5M | −$85.8M | −78.50% | +1.95% |
| Q2 2011 | 2011-06-30 | $79.2M | $142.9M | — | +6.55% |
| Q1 2011 | 2011-03-31 | −$48.7M | −$134.5M | — | −4.08% |
| Q4 2010 | 2010-12-31 | $72.7M | −$59.3M | −44.95% | +6.82% |
| Q3 2010 | 2010-09-30 | $109.3M | — | — | +10.71% |
| Q2 2010 | 2010-06-30 | −$63.6M | — | — | −6.28% |
| Q1 2010 | 2010-03-31 | $85.7M | — | — | +8.83% |
| Q3 2009 | 2009-09-30 | $132.0M | — | — | +14.74% |
T-Mobile US free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −$2.39B to $18.00B, a net increase of $20.39B. T-Mobile US's latest reported quarter, Q2 2026, generated $4.80B in free cash flow, an increase of 4.37% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review T-Mobile US filings at SEC.gov ↗