T-Mobile US, Inc. (TMUS) Operating Leases (2019 - 2026)
T-Mobile US (TMUS) reported Operating Leases of $25.44 billion for Q2 2026, down 0.8% from $25.65 billion a year earlier and down 1.6% from the prior quarter.
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Analysis
T-Mobile US, Inc. (TMUS) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, T-Mobile US posted Operating Leases of $26.37 billion, down 0.1% from FY2024.
- Operating Leases has declined for three consecutive years, with a five-year compound annual growth rate of -0.3% (FY2020 to FY2025).
- By year, Operating Leases came in at $26.41 billion in FY2024 (-6.5%), $28.24 billion in FY2023 (-5.4%), $29.86 billion in FY2022 (+15.6%) and $25.82 billion in FY2021 (-3.4%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Leases since Q2 2020.
- Year over year, Operating Leases has now declined in each of the last 14 quarters, with an average decline of 3.4% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q1 2022 (growth of 17.2%); the low point was Q1 2025 (a decline of 6.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $25.86 billion (Q1 2026), $26.37 billion (Q4 2025) and $26.78 billion (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.44 Bn |
| Mar 31, 2026 | 25.86 Bn |
| Dec 31, 2025 | 26.37 Bn |
| Sep 30, 2025 | 26.78 Bn |
| Jun 30, 2025 | 25.65 Bn |
| Mar 31, 2025 | 25.97 Bn |
| Dec 31, 2024 | 26.41 Bn |
| Sep 30, 2024 | 26.82 Bn |
| Jun 30, 2024 | 27.27 Bn |
| Mar 31, 2024 | 27.83 Bn |
| Dec 31, 2023 | 28.24 Bn |
| Sep 30, 2023 | 28.68 Bn |
| Jun 30, 2023 | 29.05 Bn |
| Mar 31, 2023 | 29.38 Bn |
| Dec 31, 2022 | 29.86 Bn |
| Sep 30, 2022 | 30.27 Bn |
| Jun 30, 2022 | 30.92 Bn |
| Mar 31, 2022 | 31.19 Bn |
| Dec 31, 2021 | 25.82 Bn |
| Sep 30, 2021 | 26.28 Bn |
API Access
T-Mobile US, Inc. Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=TMUS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "TMUS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=TMUS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();