The Business StudyHome/Compare/T-Mobile vs Verizon
T-Mobile vs Verizon: who makes more money?
Verizon is bigger: $138 billion in revenue against $88.3 billion for T-Mobile, about 1.6 times as much. But T-Mobile keeps more of each sale: $12.45 of every $100 versus $12.43. Across 5 rounds from their latest annual reports, Verizon wins 3.
From each company's latest Form 10-K: T-Mobile (year ended December 31, 2025) and Verizon (year ended December 31, 2025). Page updated November 8, 2026.
Revenue Money coming in
Net profit After every cost and tax
Kept per $100 of sales Profit margin
Employees As each 10-K states it
Revenue per employee Revenue ÷ employees
Growth over 5 years Revenue, first to latest year shown
How each one makes its money.
T-Mobile sells phone plans and phones; monthly postpaid plans are most of its money.
How T-Mobile makes moneyVerizon sells phone plans, home internet and phones to consumers and businesses.
How Verizon makes moneyQuick answers.
Who makes more money, T-Mobile or Verizon?
Verizon: $138 billion in revenue against $88.3 billion.
Which is more profitable, T-Mobile or Verizon?
T-Mobile keeps more of each dollar ($12.45 of every $100). In total profit, Verizon made more: $17.2 billion.
Which has more employees, T-Mobile or Verizon?
Verizon, with about 89,900 against 75,000.
Sources: T-Mobile US, Inc. Form 10-K and Verizon Communications Inc. Form 10-K on SEC EDGAR. Fiscal years can end in different months, so each side uses its own latest year. Profit means net income.