$TMUS · T-Mobile US, Inc.
T-Mobile reported Q3 2026 results with total revenues of $23.6B (+7.4% YoY), net income of $3.5B (+27% YoY), and diluted EPS of $3.22 (+34% YoY). Postpaid service revenues grew 9% YoY to $16.3B, fueled by 274K net account additions and 4% ARPA growth. The company raised full-year guidance for Core Adjusted EBITDA, operating cash flow, and Adjusted Free Cash Flow at the midpoint.
- Diluted EPS of $3.22 grew 34% year-over-year, driven by 9% postpaid service revenue growth.
- Postpaid ARPA reached $155.73, up 4% YoY, with 274K net account additions in the quarter.
- Core Adjusted EBITDA of $9.6B grew 11% YoY; full-year guidance raised to $37.35B–$37.45B.
- Adjusted Free Cash Flow of $5.1B grew 5% YoY; full-year guidance raised to $18.7B–$18.8B.
- Stockholder returns totaled $3.5B in Q3, including $2.4B in buybacks and $1.1B in dividends.
Extended-hours trading shows TMUS at $149.00, up 0.42% from the regular close of $148.38, suggesting a modestly positive initial reaction to the beat-and-raise quarter. The $159B market cap limits dramatic percentage moves, but the guidance raise across multiple metrics supports the upward drift.
T-Mobile posted industry-leading growth across every major financial metric while simultaneously raising guidance — reinforcing its position as the best-in-class operator in U.S. wireless.
T-Mobile claims industry-leading growth across service revenue, postpaid service revenue, net income, and Core Adjusted EBITDA — widening its differentiation vs. AT&T and Verizon on both top-line growth and profitability metrics.
Forward-looking statements flag risks including competition and industry consolidation, spectrum scarcity and cost, cyberattacks, and inability to execute digital initiatives or retain key personnel. Merger integration risks from UScellular and Metronet acquisitions also noted.