v3.26.1
Segment Reporting
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting
Note 10 – Segment Reporting

We manage our business activities on a consolidated basis and operate as a single operating segment: Wireless. We primarily derive our revenue in the United States by providing wireless communications and broadband services to customers using our wireless networks and selling devices that provide customers access to our wireless networks. The accounting policies of the Wireless segment are the same as those described in Part II, Item 8, Note 1 – Summary of Significant Accounting Policies of our Annual Report on Form 10-K for the year ended December 31, 2025.

Our chief operating decision maker (“CODM”) is our President and Chief Executive Officer. The CODM uses Net income, as reported on our Condensed Consolidated Statements of Comprehensive Income, in evaluating performance of the Wireless segment and determining how to allocate resources of the Company as a whole, including investing in our networks and
customers, stockholder return programs and acquisition strategy. The CODM does not review assets in evaluating the results of the Wireless segment, and therefore, such information is not presented.

The following table provides the operating financial results of our Wireless segment:
Three Months Ended March 31,
(in millions)20262025
Total revenues$23,107 $20,886 
Less: Significant and other segment expenses
Cost of equipment sales5,488 4,798 
Employee expenses 2,134 1,909 
Lease expense1,582 1,207 
Advertising expense901 812 
Bad debt expense426 323 
Other segment items (1)
4,262 3,839 
Depreciation and amortization3,817 3,198 
Interest expense, net1,031 916 
Other expense, net132 46 
Income tax expense830 885 
Segment net income$2,504 $2,953 
(1)Other segment items included in Segment net income primarily includes certain third-party commissions, external labor and services and backhaul expenses.