TMUS
T-Mobile US, Inc.
Price as of Jul 20, 2026
TMUS earnings
T-Mobile US, Inc. earnings
Reported EPS and revenue history, upcoming estimates and available earnings-call summaries.
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 28, 2026 | $2.01 | $2.28 | +13.4% | $23.1B | +0.5% |
| Feb 11, 2026 | $2.05 | $2.14 | +4.4% | $24.3B | +0.7% |
| Oct 23, 2025 | $2.40 | $2.59 | +7.9% | $22.0B | +0.2% |
| Jul 23, 2025 | $2.67 | $2.84 | +6.4% | $21.1B | +0.5% |
| Apr 24, 2025 | $2.47 | $2.58 | +4.5% | $20.9B | +1.3% |
| Jan 29, 2025 | $2.29 | $2.57 | +12.2% | $21.9B | +2.5% |
| Oct 23, 2024 | $2.42 | $2.61 | +7.9% | $20.2B | +0.7% |
| Jul 31, 2024 | $2.28 | $2.49 | +9.2% | $19.8B | +0.8% |
| Apr 25, 2024 | $1.87 | $2.00 | +7.0% | $19.6B | -1.2% |
| Jan 25, 2024 | $1.90 | $1.67 | -12.1% | $20.5B | +4.3% |
| Oct 25, 2023 | $1.74 | $1.82 | +4.6% | $19.3B | +5.7% |
| Jul 27, 2023 | $1.69 | $1.86 | +10.1% | $19.2B | -0.8% |
Earnings call summary
Q1 FY2026 · April 28, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Srini discussed the strategy of widening differentiation with best network, value, and experience, leading to industry-leading NPS. Progress in consumer, T-Mobile for Business, and broadband. Innovation like MLB's ball strike system. Peter provided guidance on raised postpaid net account additions, service revenue, core adjusted EBITDA, etc.
Guidance
Raised total postpaid net account additions to 950,000 - 1,050,000. Full-year service revenue expected ~$77B (8% growth), Q2 ~$19B (9% yoy). Postpaid ARPA growth 2.5% - 3% full year. Core adjusted EBITDA guide $37.1 - $37.5B. Cash capex unchanged at ~$10B. Adjusted free cash flow $18.1 - $18.7B. Increased 2026 stockholder return authorization by up to $3.6B to $18.2B.
Segment performance
Consumer: Postpaid net account additions of 217,000 in Q1, up 6% year over year. Broadband: Fastest growing ISP in America, adding over half a million total broadband net additions, 5G broadband net ads accelerating. T-Mobile for Business: Low share provides growth runway, leveraging nationwide 5G advanced network for cross-sell.
Analyst Q&A
Q: Reports on merger with Deutsche Telekom,
A: Policy to not comment on rumors, requires disinterested shareholder approval.
Q: Fiber JV bid-ask spread,
A: Each asset unique, focus on target IRRs.
Q: Competition in post-paid market,
A: Differentiation drives growth, not just subsidies.
Q: Broadband runway,
A: Confident on fixed wireless access, target 15M by 2030.
Q: Postpaid account churn,
A: Math explains higher account churn than line churn.
Q: Inference at edge opportunity,
A: Low latency and fallow compute create opportunity.
Q: Broadband JV trade-offs,
A: Focus on first to fiber and local scale.
Q: SpaceX Starlink partnership,
A: Complementary product, B2B super broadband.
Q: Cost synergies,
A: Progressing well towards $3B target.
Q: Cost of new customers,
A: Larger base and premium plan association.
Q: Share repurchases and U.S. Cellular integration,
A: Focus on intrinsic value, U.S. Cellular integration ongoing.
Q: ARPA growth and pricing,
A: ARPA growth from multiple factors, focus on best value
Earnings history is derived from company filings and calendar data. Call summaries are grouped by reporting period. Latest covered event: 2026-07-23.