T-Mobile US (TMUS) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased slightly compared to the immediately preceding quarter, but declined relative to the same quarter one year earlier. The sequential improvement marks a reversal of the downward trend seen in recent quarters.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased slightly compared to the immediately preceding quarter, but declined relative to the same quarter one year earlier. The sequential improvement marks a reversal of the downward trend seen in recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$19.3B
Revenue reported for this quarter.
Quarter-over-quarter
+0.3%
Change from the immediately preceding quarter.
Year-over-year
-1.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$78.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $20.3B | -2.5% |
| Mar 31, 2023 | $19.6B | -2.4% |
| Jun 30, 2023 | $19.2B | -2.6% |
| Sep 30, 2023 | $19.3B | -1.2% |
Revenue performance
The reported revenue direction is a modest sequential increase, contrasting with a year-over-year decline. This reflects a stabilization after consecutive quarterly decreases.
Quarterly comparison
Compared to the prior quarter, revenue edged higher, while versus the same quarter a year ago it was lower. The trailing twelve-month revenue also showed a decline from the prior year's level.
What to watch
Monitor whether the sequential revenue improvement can be sustained in the coming quarters, given the year-over-year contraction.