Sprint Corporation

Sprint is a global integrated communications provider. Sprint offers a comprehensive range of wireless and wireline communication services bringing the freedom of mobility to consumer, business and government users. The company also offers wireless voice, messaging, and broadband services through its various subsidiaries. The company's legacy wireline business provides long-distance voice, Internet, and data services primarily to corporate customers and other carriers.

Type
Subsidiary
Parent Company
SoftBank
HQ
Overland Park, US
Founded
1899
Website
sprint.com
Sprint Corporation was founded in 1899 and is headquartered in Overland Park, US

Key People at Sprint Corporation

Ismat Aziz

Ismat Aziz

Senior Vice President, Human Resources
Kevin Crull

Kevin Crull

President, Omnichannel Sales
Marcelo Claure

Marcelo Claure

President and CEO
Jerry Gallegos

Jerry Gallegos

President, West Area
Jan Geldmacher

Jan Geldmacher

President, Sprint Business
Tracy Nolan

Tracy Nolan

Senior Vice President of Sales
Günther Ottendorfer

Günther Ottendorfer

Chief Operating Officer, Technology

Sprint Corporation Office Locations

Sprint Corporation has offices in Overland Park, Vancouver, Auburn, Portland and in 352 other locations
Overland Park, US (HQ)
6200 Sprint Pkwy
Show all (356)

Sprint Corporation Data and Metrics

Sprint Corporation Summary

Founding Date

1899
Sprint Corporation is a subsidiary of SoftBank

Sprint Corporation Financial Metrics

Sprint Corporation's revenue was reported to be $33.3 b in FY, 2017
USDFY, 2017

Revenue

33.3 b

Cost of goods sold

7.9 b

Gross profit

25.5 b

Gross profit Margin, %

76%

General and administrative expense

8 b

Operating expense total

31.6 b

EBIT

1.8 b

EBIT margin, %

5%

Interest expense

(2.5 b)

Income tax expense

(435 m)

Net Income

(1.2 b)
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

8.8 b8.5 b9 b8 b8 b8.1 b8 b8.2 b8.5 b

Cost of goods sold

4.7 b4.8 b5.3 b2.4 b2.5 b2.3 b2.1 b2.1 b1.9 b

Gross profit

4.1 b3.7 b3.7 b5.6 b5.5 b5.8 b5.9 b6.1 b6.6 b

Gross profit Margin, %

47%43%41%70%69%71%74%75%77%

General and administrative expense

2.3 b2.3 b2.6 b2.2 b2.2 b2.1 b1.9 b2 b2.1 b

Operating expense total

2.3 b2.3 b2.6 b2.2 b2.2 b2.1 b1.9 b2 b2.1 b

EBIT

519 m(192 m)(2.5 b)501 m(2 m)(197 m)361 m622 m311 m

EBIT margin, %

6%(2%)(28%)6%(0%)(2%)5%8%4%

Interest expense

(512 m)(510 m)(506 m)(542 m)(542 m)(546 m)(615 m)(630 m)(619 m)

Income tax expense

15 m(71 m)657 m17 m(46 m)(97 m)(56 m)(119 m)(111 m)

Net Income

23 m(742 m)(3.1 b)(20 m)(605 m)(1.4 b)(302 m)(444 m)(923 m)
USDFY, 2015FY, 2016FY, 2017

Cash

4 b2.6 b2.9 b

Inventories

1.9 b1.9 b

Current Assets

9.8 b6.8 b14.1 b

PP&E

19.7 b20.3 b19.2 b

Goodwill

6.6 b6.6 b6.6 b

Total Assets

83 b79 b85.1 b

Accounts Payable

4.3 b2.9 b3.3 b

Current Liabilities

10.9 b12 b12.5 b

Total Liabilities

66.3 b

Common Stock

40 m

Additional Paid-in Capital

27.5 b27.6 b27.8 b

Retained Earnings

(5.4 b)(7.4 b)(8.6 b)

Total Equity

21.7 b19.8 b18.8 b

Financial Leverage

3.8 x4 x4.5 x
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

4.2 b4.1 b3.5 b2.1 b2 b2.2 b3.8 b4 b3.7 b

Current Assets

11.4 b11.3 b10.5 b7.8 b7.1 b6.6 b9 b9.9 b10.6 b

PP&E

16.9 b17.6 b18.9 b20.6 b21.1 b20.6 b19.7 b19.2 b19.3 b

Goodwill

6.3 b6.3 b6.3 b6.6 b6.6 b6.6 b6.6 b6.6 b6.6 b

Total Assets

84.4 b84.7 b83 b81.4 b80.9 b79.6 b80.4 b80.8 b81.3 b

Accounts Payable

3.5 b4.4 b5.2 b3.3 b3.5 b3.1 b1.8 b2.6 b2.9 b

Current Liabilities

9.4 b10.6 b12.2 b9.1 b9.3 b11.1 b11.7 b13.9 b13.6 b

Additional Paid-in Capital

27.4 b27.5 b27.5 b27.5 b27.5 b27.5 b27.6 b27.6 b27.7 b

Retained Earnings

(2 b)(2.8 b)(5.2 b)(5.4 b)(6 b)(6.8 b)(7.7 b)(7.8 b)(8.3 b)

Total Equity

25.4 b24.7 b22.1 b21.7 b21.2 b20.3 b19.5 b19.4 b19 b

Financial Leverage

3.3 x3.4 x3.8 x3.7 x3.8 x3.9 x4.1 x4.2 x4.3 x
USDFY, 2013FY, 2015FY, 2016FY, 2017

Net Income

(27 m)(151 m)(151 m)(1.2 b)

Depreciation and Amortization

1.3 b1.3 b8.2 b

Accounts Payable

3 m(490 m)(490 m)(365 m)

Cash From Operating Activities

522 m522 m4.2 b

Cash From Investing Activities

(3.1 b)(1.8 b)(1.8 b)(9.2 b)

Cash From Financing Activities

3.1 b(160 m)(160 m)5.3 b
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

23 m(742 m)(3.1 b)(20 m)(605 m)(1.4 b)(302 m)(444 m)(923 m)

Depreciation and Amortization

1.3 b2.6 b3.9 b1.6 b3.3 b5.2 b2 b3.9 b6 b

Accounts Payable

(272 m)503 m1.2 b(867 m)(509 m)(816 m)(1 b)(195 m)(97 m)

Cash From Operating Activities

679 m1.7 b1.5 b128 m1.8 b2.6 b542 m2.3 b2.9 b

Capital Expenditures

(1.2 b)(2.4 b)(4 b)

Cash From Investing Activities

(1.3 b)(2.2 b)(2.9 b)(2.4 b)(4.1 b)(4.5 b)(2.2 b)(3.4 b)(5.2 b)

Cash From Financing Activities

(201 m)(317 m)(77 m)333 m245 m47 m2.8 b2.5 b3.4 b

Free Cash Flow

(567 m)(682 m)(2.5 b)

Traffic Overview of Sprint Corporation

Sprint Corporation Online and Social Media Presence

Sprint Corporation News and Updates

Did Trump just create 8,000 jobs? Here's what's really happening

Donald Trump gave himself kudos for the creation of 8,000 U.S. jobs by a Japanese tech mogul, saying it was proof of “the spirit and the hope” stirred by his victory in the presidential election. But for those particular jobs, Trump was basically taking a bow for the second time. The jobs were..…

Mission Inn's holiday lights might glow more brightly if trains were more frequent, but rail works for one cruise passenger

As you describe it in the article “Lights Fantastic” (Dec. 18, by Valli Herman), the Festival of Lights at the Mission Inn Hotel & Spa in Riverside is "in a class by itself." A day trip to Riverside by train to see the Festival of Lights, especially for children, would be a wonderful experie…

Maybe you should break up with your cellphone if you're going abroad. It doesn't mean you're not in love, just that you're thrifty

Question: I will be studying in Europe for four months and would like to know the best option in terms of my cellphone. I have a locked iPhone 6s and have service with Sprint. I need the phone to do everything. Lori Miller Omaha Answer: The quick response is that Miller will be better off leavin…

Trump takes credit for SoftBank CEO's pledge to invest $50 billion in the U.S.

After meeting with President-elect Donald Trump on Tuesday, Japanese tech billionaire Masayoshi Son said he will invest $50 billion in the United States and would “commit” to creating 50,000 new jobs over an unspecified time period. Son is the founder and chief executive of SoftBank, one of Japa…

Sprint Corporation Company Life and Culture

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