T-Mobile US (TMUS) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The sequential growth was notably stronger than the year-over-year gain.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The sequential growth was notably stronger than the year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$20.5B
Revenue reported for this quarter.
Quarter-over-quarter
+6.4%
Change from the immediately preceding quarter.
Year-over-year
+1.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$78.6B
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 |
|---|---|---|
| Mar 31, 2023 | $19.6B | -2.4% |
| Jun 30, 2023 | $19.2B | -2.6% |
| Sep 30, 2023 | $19.3B | -1.2% |
| Dec 31, 2023 | $20.5B | +1.0% |
Revenue performance
Reported revenue rose from the immediately preceding quarter, reversing the slight declines seen in earlier quarters of the year. The year-over-year comparison also showed an increase, though at a more moderate pace.
Quarterly comparison
Compared to the prior quarter, revenue improved by a solid margin. Versus the same quarter one year earlier, the increase was more modest, reflecting a slower annual growth rate.
What to watch
Monitor whether the sequential revenue momentum can be sustained in the coming quarters.