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Phone trade-ins paid out $6.4B in 2025 as Android users kept their phones longer than iPhone users

TL;DR AI

Key summary

2 min read
  1. Trade-in payouts amounted to $6.4 billion, total trade-in credit and cash paid to customers in 2025.

  2. Were $4.5 billion in 2024, trade-in payouts in 2024 for comparison.

  3. Increased by 42% year-over-year, year-over-year increase in trade-in payouts from 2024 to 2025.

  4. Q4 2025 returned $2.8 billion to customers, quarter with record return aligning with iPhone 17 launch.

  5. Android devices the Galaxy S22 Ultra was the most traded phone, most traded Android model in 2025.

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