T-Mobile US annual net debt
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2025
T-Mobile US Net Debt Growth & History (TMUS)
T-Mobile US's net debt was $113.14B for fiscal 2025.
View full T-Mobile US company overviewT-Mobile US annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $113.14B | $8.27B | +7.88% |
| 2024 | 2024-12-31 | $104.87B | $698.0M | +0.67% |
| 2023 | 2023-12-31 | $104.17B | −$4.65B | −4.27% |
| 2022 | 2022-12-31 | $108.82B | $9.80B | +9.90% |
| 2021 | 2021-12-31 | $99.02B | $5.32B | +5.68% |
| 2020 | 2020-12-31 | $93.70B | $57.43B | +158.35% |
| 2019 | 2019-12-31 | $36.27B | $9.92B | +37.67% |
| 2018 | 2018-12-31 | $26.34B | −$756.0M | −2.79% |
| 2017 | 2017-12-31 | $27.10B | $4.81B | +21.60% |
| 2016 | 2016-12-31 | $22.29B | $625.0M | +2.89% |
| 2015 | 2015-12-31 | $21.66B | $5.02B | +30.14% |
| 2014 | 2014-12-31 | $16.64B | $2.35B | +16.41% |
| 2013 | 2013-12-31 | $14.30B | $9.93B | +227.43% |
| 2012 | 2012-12-31 | $4.37B | $12.3M | +0.28% |
| 2011 | 2011-12-31 | $4.35B | $684.2M | +18.64% |
| 2010 | 2010-12-31 | $3.67B | $973.7M | +36.11% |
| 2009 | 2009-12-31 | $2.70B | — | — |
T-Mobile US quarterly net debt
Q4.09
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
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Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
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Q2.15
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Q4.15
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Q2.16
Q3.16
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Q3.17
Q4.17
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Q3.18
Q4.18
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Q4.19
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Q4.20
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Q2.21
Q3.21
Q4.21
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Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $34.65B | $7.17B | +26.07% |
| Q1 2026 | 2026-03-31 | $30.39B | $2.65B | +9.55% |
| Q4 2025 | 2025-12-31 | $113.14B | $8.27B | +7.88% |
| Q3 2025 | 2025-09-30 | $35.70B | $7.01B | +24.45% |
| Q2 2025 | 2025-06-30 | $27.48B | −$4.83B | −14.94% |
| Q1 2025 | 2025-03-31 | $27.74B | −$4.60B | −14.23% |
| Q4 2024 | 2024-12-31 | $104.87B | $698.0M | +0.67% |
| Q3 2024 | 2024-09-30 | $28.68B | −$79.80B | −73.56% |
| Q2 2024 | 2024-06-30 | $32.31B | −$81.46B | −71.60% |
| Q1 2024 | 2024-03-31 | $32.35B | −$71.65B | −68.90% |
| Q4 2023 | 2023-12-31 | $104.17B | −$4.65B | −4.27% |
| Q3 2023 | 2023-09-30 | $108.49B | $6.36B | +6.22% |
| Q2 2023 | 2023-06-30 | $113.77B | $10.35B | +10.01% |
| Q1 2023 | 2023-03-31 | $103.99B | $506.0M | +0.49% |
| Q4 2022 | 2022-12-31 | $108.82B | $9.80B | +9.90% |
| Q3 2022 | 2022-09-30 | $102.13B | $5.35B | +5.52% |
| Q2 2022 | 2022-06-30 | $103.42B | $8.16B | +8.56% |
| Q1 2022 | 2022-03-31 | $103.49B | $6.92B | +7.16% |
| Q4 2021 | 2021-12-31 | $99.02B | $5.32B | +5.68% |
| Q3 2021 | 2021-09-30 | $96.78B | $8.56B | +9.70% |
| Q2 2021 | 2021-06-30 | $95.27B | — | — |
| Q1 2021 | 2021-03-31 | $96.57B | — | — |
| Q4 2020 | 2020-12-31 | $93.70B | $57.43B | +158.35% |
| Q3 2020 | 2020-09-30 | $88.23B | $63.15B | +251.82% |
| Q4 2019 | 2019-12-31 | $36.27B | $9.92B | +37.67% |
| Q3 2019 | 2019-09-30 | $25.08B | $10.83B | +76.02% |
| Q2 2019 | 2019-06-30 | $24.84B | $10.19B | +69.50% |
| Q1 2019 | 2019-03-31 | $23.44B | $8.72B | +59.23% |
| Q4 2018 | 2018-12-31 | $26.34B | −$756.0M | −2.79% |
| Q3 2018 | 2018-09-30 | $14.25B | −$535.0M | −3.62% |
| Q2 2018 | 2018-06-30 | $14.65B | −$693.0M | −4.52% |
| Q1 2018 | 2018-03-31 | $14.72B | $1.57B | +11.97% |
| Q4 2017 | 2017-12-31 | $27.10B | $4.81B | +21.60% |
| Q3 2017 | 2017-09-30 | $14.78B | −$2.02B | −12.00% |
| Q2 2017 | 2017-06-30 | $15.35B | −$947.0M | −5.81% |
| Q1 2017 | 2017-03-31 | $13.15B | −$4.08B | −23.67% |
| Q4 2016 | 2016-12-31 | $22.29B | $625.0M | +2.89% |
| Q3 2016 | 2016-09-30 | $16.80B | $2.88B | +20.65% |
| Q2 2016 | 2016-06-30 | $16.29B | $2.16B | +15.31% |
| Q1 2016 | 2016-03-31 | $17.22B | $3.53B | +25.75% |
| Q4 2015 | 2015-12-31 | $21.66B | $5.02B | +30.14% |
| Q3 2015 | 2015-09-30 | $13.92B | $2.26B | +19.36% |
| Q2 2015 | 2015-06-30 | $14.13B | $2.57B | +22.22% |
| Q1 2015 | 2015-03-31 | $13.70B | $4.68B | +51.99% |
| Q4 2014 | 2014-12-31 | $16.64B | $2.35B | +16.41% |
| Q3 2014 | 2014-09-30 | $11.66B | $6.72B | +135.80% |
| Q2 2014 | 2014-06-30 | $11.56B | $7.08B | +157.89% |
| Q1 2014 | 2014-03-31 | $9.01B | $1.20B | +15.40% |
| Q4 2013 | 2013-12-31 | $14.30B | $9.93B | +227.43% |
| Q3 2013 | 2013-09-30 | $4.95B | $609.7M | +14.06% |
| Q2 2013 | 2013-06-30 | $4.48B | $144.3M | +3.32% |
| Q1 2013 | 2013-03-31 | $7.81B | $4.93B | +171.65% |
| Q4 2012 | 2012-12-31 | $4.37B | $12.3M | +0.28% |
| Q3 2012 | 2012-09-30 | $4.34B | $1.47B | +51.11% |
| Q2 2012 | 2012-06-30 | $4.34B | $1.48B | +51.78% |
| Q1 2012 | 2012-03-31 | $2.87B | $475.4M | +19.82% |
| Q4 2011 | 2011-12-31 | $4.35B | $684.2M | +18.64% |
| Q3 2011 | 2011-09-30 | $2.87B | −$554.1M | −16.18% |
| Q2 2011 | 2011-06-30 | $2.86B | $6.5M | +0.23% |
| Q1 2011 | 2011-03-31 | $2.40B | — | — |
| Q4 2010 | 2010-12-31 | $3.67B | $973.7M | +36.11% |
| Q3 2010 | 2010-09-30 | $3.42B | — | — |
| Q2 2010 | 2010-06-30 | $2.85B | — | — |
| Q4 2009 | 2009-12-31 | $2.70B | — | — |
T-Mobile US net debt trends
Over the last five fiscal years, T-Mobile US's net debt increased from $93.70B to $113.14B, a change of $19.44B. The latest reported quarter, Q2 2026, shows $34.65B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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