T-Mobile Q3 revenue beats estimates on postpaid service growth; lifts profit outlook
TMUS•T-Mobile reported Q3 revenue of $23.58 billion, above the $23.14 billion consensus estimate, while EPS rose 34% year over year to $3.22. It raised the midpoint of its 2026 Core Adjusted EBITDA guidance and expects adjusted free cash flow of $18.7 billion to $18.8 billion.
1. Quarterly results
T-Mobile’s Q3 revenue was $23.58 billion, beating the $23.14 billion analyst consensus. EPS rose 34% year over year to $3.22, and adjusted free cash flow grew 5% to $5.07 billion.
2. 2026 outlook
The company raised the midpoint of its 2026 Core Adjusted EBITDA guidance and narrowed its range to $37.35 billion to $37.45 billion. It now expects 2026 adjusted free cash flow of $18.7 billion to $18.8 billion and about 1 million postpaid net account additions.
3. Growth drivers
Postpaid service revenue rose 9% year over year. T-Mobile said strong postpaid account additions and higher average revenue per account drove service revenue and profit growth.
