T-Mobile Reports 7% Revenue Growth to $21.1 Billion in Q2 2025

T-Mobile US, Inc. reported a strong financial performance for the second quarter of 2025, with total revenues reaching $21.1 billion, a 7% increase from $19.8 billion in the same period last year. The company’s net income also rose to $3.2 billion, up 10% from $2.9 billion in the prior year, reflecting a net income margin of 18%. For the first half of 2025, T-Mobile's revenues totaled $42 billion, compared to $39.4 billion in the first half of 2024, while net income increased to $6.2 billion from $5.3 billion.

The growth in revenue was driven primarily by a 9% increase in postpaid revenues, which amounted to $14.1 billion, attributed to higher average revenue per account (ARPA) and an increase in postpaid accounts. Prepaid revenues also saw a modest rise of 2%, totaling $2.6 billion, largely due to the acquisition of prepaid customers through the Ka’ena Acquisition. However, wholesale and other service revenues declined by 24%, reflecting lower revenues from mobile virtual network operators (MVNOs) and the impact of the Ka’ena Acquisition.

In terms of operational metrics, T-Mobile's total customer base grew to approximately 132.8 million, a 5% increase year-over-year. The company reported 107.3 million postpaid customers, up 7%, and 25.5 million prepaid customers, which saw a slight increase. The company also noted a churn rate of 0.90% for postpaid phone customers, up from 0.80% in the previous year, indicating some challenges in customer retention.

Strategically, T-Mobile has been active in expanding its market presence through acquisitions and joint ventures. The company completed the acquisition of Ka’ena Corporation in May 2024, which has contributed to its prepaid customer base. Additionally, T-Mobile is set to finalize the acquisition of UScellular's wireless operations and select spectrum assets for approximately $4.4 billion, expected to close on August 1, 2025. The company also launched a joint venture with KKR to acquire Metronet, further enhancing its fiber broadband capabilities.

Looking ahead, T-Mobile remains optimistic about its growth trajectory, supported by its ongoing investments in network infrastructure and customer acquisition strategies. The company has authorized a stockholder return program of up to $14 billion through the end of 2025, which includes share repurchases and dividends, reflecting its commitment to returning value to shareholders while continuing to invest in its business.