TMUS
T-Mobile US, Inc.
TMUS has the edge over ZDGE overall, supported by stronger valuation and lower modeled downside.
ZDGE
Zedge, Inc.
ZDGE offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
TMUS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Strong |
TMUS's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
ZDGE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Strong | |
| Strong |
ZDGE's cash flow and balance sheet are currently strong, and its revenue and profitability are stable.
TMUS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 13x | $171 | — |
| Current | 16x | $171 | — |
| Cheap | 21x | $218 | +27% |
| Fair | 26x | $274 | +60% |
| Expensive | 56x | $581 | +240% |
Historical ranges are pointers, not guarantees.
TMUS's PE is in its cheap range at 16x. If earnings grow as analysts expect, today's price would be 13x next year's earnings.
ZDGE PE Valuation
ZDGE has no meaningful PE right now: it lost money over the past year.
TMUS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
TMUS has the edge over ZDGE on the outlook, with more favorable profitability expectations.
ZDGE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for ZDGE, with profitability holding steady.
TMUS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.49 | +30% |
| Q3 2026 | $10.37 | -0.2% |
| Q2 2026 | $9.56 | -9.7% |
| Q1 2026 | $9.41 | -8.1% |
| Q4 2025 | $9.72 | +0.6% |
| Q3 2025 | $10.39 | +18% |
| Q2 2025 | $10.59 | +33% |
| Q1 2025 | $10.24 | +39% |
| Q4 2024 | $9.66 | +39% |
TMUS has the edge over ZDGE on earnings quality, reporting a profit while its opponent remains loss making.
ZDGE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.15 | — |
| Q3 2026 | -$0.01 | +$0.16 |
| Q2 2026 | -$0.09 | +$0.04 |
| Q1 2026 | -$0.15 | -$0.02 |
| Q4 2025 | -$0.09 | +$0.58 |
| Q3 2025 | -$0.17 | +$0.48 |
| Q1 2023 | $0.45 | -30% |
| Q4 2022 | $0.50 | -23% |
| Q3 2022 | $0.65 | +10% |
ZDGE is still losing money, but far less than before: $0.01 per share over the past year, against $0.67 at its worst in late 2024.
TMUS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $23.6B | +7.4% |
| Q2 2026 | $22.8B | +7.9% |
| Q1 2026 | $23.1B | +11% |
| Q4 2025 | $24.3B | +11% |
| Q3 2025 | $22B | +8.9% |
| Q2 2025 | $21.1B | +6.9% |
| Q1 2025 | $20.9B | +6.6% |
| Q4 2024 | $21.9B | +6.8% |
TMUS has the edge over ZDGE on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 24% | +3.4 points |
| Q2 2026 | 24% | -0.6 points |
| Q1 2026 | 19% | -3.5 points |
| Q4 2025 | 15% | -5.6 points |
| Q3 2025 | 21% | -3.2 points |
| Q2 2025 | 25% | +1.3 points |
| Q1 2025 | 23% | +2.6 points |
| Q4 2024 | 21% | +4 points |
TMUS has the edge over ZDGE on profitability, with a higher operating margin.
ZDGE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $7.8M | +4% |
| Q2 2026 | $8M | +3% |
| Q1 2026 | $8.3M | +18% |
| Q4 2025 | $7.6M | +5.8% |
| Q3 2025 | $7.5M | -1.5% |
| Q2 2025 | $7.8M | +1.3% |
| Q1 2025 | $7M | -10% |
| Q4 2024 | $7.2M | +1.6% |
ZDGE's revenue has grown year over year for four quarters in a row: $8M last quarter, up 4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.3% | +13 points |
| Q2 2026 | 13% | +11 points |
| Q1 2026 | -35% | -3.2 points |
| Q4 2025 | 12% | +18 points |
| Q3 2025 | -9.6% | -8.7 points |
| Q2 2025 | 2.1% | +3.8 points |
| Q1 2025 | -32% | +122 points |
| Q4 2024 | -6.3% | -11 points |
ZDGE's operating margin was 3.3% last quarter, up 13 points from the same quarter a year ago.
TMUS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $5.1B | +5.3% |
| Q2 2026 | $4.8B | +4.4% |
| Q1 2026 | $4.6B | +4.6% |
| Q4 2025 | $4.2B | +25% |
| Q3 2025 | $4.8B | +15% |
| Q2 2025 | $4.6B | +32% |
| Q1 2025 | $4.4B | +79% |
| Q4 2024 | $3.3B | +2% |
TMUS has the edge over ZDGE on cash flow, with more consistent year-over-year improvement.
ZDGE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.7M | +158% |
| Q2 2026 | $1.2M | +43% |
| Q1 2026 | $855K | +24% |
| Q4 2025 | $808K | -30% |
| Q3 2025 | $640K | -6.3% |
| Q2 2025 | $851K | -63% |
| Q1 2025 | $689K | -56% |
| Q4 2024 | $1.2M | -6.4% |
ZDGE's free cash flow has been positive every quarter for six years: $5M over the past year, up 36% from the year before.
TMUS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1% | -10.8M shares |
| 1 year | -4.9% | -55M shares |
| 3 years | -8.8% | -103M shares |
| 5 years | -15% | -182M shares |
| Available history | +24% | +207M shares |
TMUS has 1.1B diluted shares, down 4.9% from a year ago, with $12B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $2.4B |
| Q2 2026 | $2.3B |
| Q1 2026 | $4.8B |
| Q4 2025 | $2.4B |
| Q3 2025 | $2.5B |
| Q2 2025 | $2.6B |
| Q1 2025 | $2.5B |
| Q4 2024 | $4.7B |
TMUS spent $12B buying back its own shares over the past year, down 1.7% from the year before.
ZDGE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.1% | -279K shares |
| 1 year | -5.4% | -743K shares |
| 3 years | -8.9% | -1.3M shares |
| 5 years | +4% | +497K shares |
| Available history | +27% | +2.8M shares |
ZDGE has the edge over TMUS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $784,000 |
| Q2 2026 | $253,000 |
| Q1 2026 | $87,000 |
| Q4 2025 | $789,000 |
| Q3 2025 | $2.4M |
| Q2 2025 | $536,000 |
| Q1 2025 | $690,000 |
| Q4 2024 | $804,000 |
ZDGE spent $2M buying back its own shares over the past year, down 57% from the year before.
TMUS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.0x | Very low |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | -0.0x | Net Cash |
| Q4 2025 | 2.5x | Moderate |
| Q3 2025 | 0.1x | Very low |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | 2.4x | Moderate |
TMUS's net debt is less than a year of its operating earnings (EBITDA).
ZDGE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -333.4x | Net Cash |
| Q2 2023 | -17.2x | Net Cash |
| Q1 2023 | -1.5x | Net Cash |
| Q4 2022 | -1.4x | Net Cash |
| Q3 2022 | -1.2x | Net Cash |
| Q2 2022 | -1.6x | Net Cash |
| Q1 2022 | -2.7x | Net Cash |
| Q4 2021 | -2.6x | Net Cash |
ZDGE has the edge over TMUS on leverage, with a lower net debt burden relative to earnings.
TMUS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.9 | Neutral |
| Stochastic | 42.1 | Neutral |
TMUS's weekly RSI is 48 (neutral) and its Stochastic is 42 (neutral).
ZDGE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.9 | Neutral |
| Stochastic | 17.8 | Oversold |
ZDGE's weekly RSI is 48 (neutral) and its Stochastic is 18 (oversold).
TMUS PE vs Communication Services Sector
| Metric | TMUS | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 16x | Same PE |
| PE % | 1 | 26 | 25 pts below |
TMUS is trading at 16x earnings, in line with the Communication Services sector's median of 16x.
ZDGE PE vs Communication Services Sector
| Metric | ZDGE | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
ZDGE has no meaningful PE right now: it lost money over the past year.
TMUS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $159.1 | 7.5% above |
| 20 week MA | $172.0 | 0.5% below |
| 50 week MA | $187.8 | 8.9% below |
| 100 week MA | $212.9 | 20% below |
| 200 week MA | $188.7 | 9.4% below |
TMUS has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 9.4% below its 200-week average.
ZDGE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.73 | 2.6% above |
| 20 week MA | $2.89 | 3.1% below |
| 50 week MA | $3.04 | 7.9% below |
| 100 week MA | $2.96 | 5.4% below |
| 200 week MA | $2.78 | 0.7% above |
ZDGE has the edge over TMUS on trend strength, trading above more of its moving averages.
TMUS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $77.2 | $132.9 | +72% |
| 2021 | $132.9 | $119.9 | -9.8% |
| 2022 | $119.9 | $140.0 | +17% |
| 2023 | $140.0 | $160.3 | +15% |
| 2024 | $160.3 | $223.0 | +39% |
| 2025 | $223.0 | $201.0 | -9.9% |
| 2026 YTD | $201.0 | $171.0 | -15% |
TMUS has the edge over ZDGE on returns for 2026, with the stronger performance.
ZDGE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.59 | $5.66 | +256% |
| 2021 | $5.66 | $9.61 | +70% |
| 2022 | $9.61 | $1.85 | -81% |
| 2023 | $1.85 | $2.35 | +27% |
| 2024 | $2.35 | $3.11 | +32% |
| 2025 | $3.11 | $3.54 | +14% |
| 2026 YTD | $3.54 | $2.80 | -21% |
ZDGE's yearly returns have swung widely, from +256% in 2020 to −81% in 2022. It's down 21% so far in 2026.