T-Mobile US, Inc.: Beat — EPS $3.22, Revenue $23.58B
Earnings BeatQ3 2026 · After-market
Did T-Mobile US, Inc. (TMUS) beat earnings today?
Yes, T-Mobile US, Inc. (TMUS) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+10.65% surprise
$3.22Actual
Expected: $2.91
vs. year ago +33.6%
Total Revenue+1.92% surprise
$23.58BActual
Expected: $23.14B
vs. year ago +7.4%
Released Oct 28 · 4:00 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $23.58B | $21.96B | +7.4% |
| Revenue detail — reported lines | |||
| └─Total service revenues | $19.38B | $18.24B | +6.2% |
| └─Postpaid service revenues | $16.27B | $14.88B | +9.3% |
| Net income | $3.46B | $2.71B | +27.3% |
| Diluted EPS | $3.22 | $2.41 | +33.6% |
Financial Outlook / Guidance
| Metric | Next Quarter Outlook | FY 2026 Outlook |
|---|---|---|
| Postpaid net account additions | — | ~1.0M (prev. 950K-1.05M) |
| Core Adjusted EBITDA | — | $37.35B-$37.45B (prev. $37.1B-$37.5B) |
| Net cash provided by operating activities | — | $28.7B-$28.8B (prev. $28.4B-$28.8B) |
| Capital expenditures | — | ~$10.0B (prev. ~$10.0B) |
| Adjusted Free Cash Flow | — | $18.7B-$18.8B (prev. $18.4B-$18.8B) |
Business Highlights
- ➤PCMag awarded five mobile-network distinctions, including Best Mobile Network and Fastest Mobile Network.
- ➤Opensignal named T-Mobile 5G Global Winner for 5G Coverage and Time on 5G.
- ➤Ookla again ranked T-Mobile the fastest 5G FWA provider for download and upload speeds.
- ➤P3 named T-Mobile Mobile Network Test Champion for the second consecutive quarter.
- ➤P3’s Q3 2026 U.S. benchmark saw T-Mobile sweep all 13 award categories.
- ➤Returned $3.5B to stockholders through repurchases and cash dividends.
- ➤Repurchased $2.4B of common stock during Q3 2026.
- ➤Paid $1.1B in cash dividends during Q3 2026.
- ➤Continued retail digital initiatives, transitioning in part to large-format experience stores.
- ➤Operates flagship brands T-Mobile, Metro by T-Mobile and Mint Mobile.
Management Commentary
Srini Gopalan, CEO of T-Mobile
“Q3 marked another strong quarter and is further proof that our winning formula of the best network, best value, and best experiences drives durable and profitable growth. More families and businesses are choosing T-Mobile, fueling our industry-leading financial growth. Our value proposition is clearly resonating for all customers, with our network as a significant driver of differentiation. We’re continuing to push the envelope on customer experience and innovation, with our best-in-class NPS underscoring our customer-first orientation. We have a tremendous growth runway ahead across core wireless, broadband, and smart adjacencies, and we’re just getting started.”