T-mobile us inc 2025年季度报告

Washington, D.C. 20549FORM10-QQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period endedMarch 31, 2025 For the transition period fromtoCommission File Number:1-33409 T-MOBILE US, INC. (State or other jurisdiction of incorporation or organization) Non-accelerated filer☐Smaller reporting company☐Emerging growth company☐ Table of Contents PART I. FINANCIAL INFORMATIONItem 1.Financial StatementsCondensed Consolidated Balance Sheets Item 1.Legal ProceedingsItem 1A.Risk Factors Item 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior Securities Item 5.Other InformationItem 6.ExhibitsSignatures Basis of PresentationThe unauditedcondensed consolidated financial statementsof T-Mobile US, Inc. (“T-Mobile,” “we,” “our,” “us” or the “Company”)include all adjustments of a normal recurring nature necessary for the fair presentation of the results for the interim periods presented.The results for the interim periods are not necessarily indicative of those for the full year. Thecondensed consolidated financialstatementsshould be read in conjunction with our consolidated financial statements included in our Annual Report on Form 10-K forthe year endedDecember 31, 2024.The condensed consolidated financial statements include the balances and results of operations of T-Mobile and our consolidatedsubsidiaries. We consolidate majority-owned subsidiaries over which we exercise control, variable interest entities (“VIEs”) for whichwe are deemed to be the primary beneficiary and VIEs which cannot be deconsolidated, such as those related to our tower obligationsas discussed inNote 9 - Tower Obligations. Intercompany transactions and balances have been eliminated in consolidation.The preparation of financial statements in conformity with United States (“U.S.”) generally accepted accounting principles (“GAAP”)requires our management to make estimates and assumptions that affect the financial statements and accompanying notes.Estimatesare based on historical experience, where applicable, and other assumptions that management believes are reasonable under thecircumstances. Estimates are inherently subject to judgment and actual results could differ from those estimates.Accounting Pronouncements Not Yet AdoptedIncome Tax DisclosuresIn December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-09,“Income Taxes (Topic 740): Improvements to Income Tax Disclosures.” The standard enhances income tax disclosure requirements for all entities by requiring specified categories and greater disaggregation within the rate reconciliation table, disclosure of income taxes paid by jurisdiction, and providing clarification on uncertain tax positions and related financial statement impacts. The standard the standard will impact certain of our income tax disclosures. Disaggregation of Income Statement Expenses In November 2024, the FASB issued ASU 2024-03, “Income Statement—Reporting Comprehensive Income—ExpenseDisaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses.” In January 2025, the FASB issuedASU 2025-01, “Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): thereafter and may be applied prospectively to periods after the adoption date or retrospectively for all prior periods presented in thefinancial statements, with early adoption permitted. We plan to adopt the standard when it becomes effective for us beginning in ourfiscal year 2027 annual financial statements, and we are currently evaluating the impact this guidance will have on the disclosures 8 On March 9, 2023, we entered into a merger and unit purchase agreement (the “Merger and Unit Purchase Agreement”) for the acquisition of100% of the outstanding equity of Ka’ena Corporation and its subsidiaries, including, among others, Mint Mobile LLC(collectively, “Ka’ena”), for a maximum purchase price of $1.35billion to be paid out39% in cash and61% in shares of T-Mobilecommon stock (the “Ka’ena Acquisition”). On March 13, 2024, we entered into Amendment No. 1 to the Merger and Unit PurchaseAgreement, which amended, among other things, certain mechanics of the payment of the purchase consideration for the Ka’enaAcquisition, which resulted in a nominal increase in the percentage of cash compared to shares of T-Mobile common stock to be paidout as part of the total purchase price. T-Mobile. Concurrently and as agreed upon through the Merger and Unit Purchase Agreement, T-Mobile and Ka’ena entered intocertain separate transactions, including the effective settlement of the preexisting wholesale arrangement between T-Mobile and In accordance with the terms of the Merger and Unit Purchase Agreement, the total purchase price is variable, dependent uponspecified performance indicators of Ka’ena, and consists of an upfront payment on the Ka’ena Acquisition