T-Mobile US Q4 EPS Tops Estimates, Adds 2.4M Postpaid Customers, Guides to 900k–1M
T-Mobile US posted Q4 EPS of $2.14 versus $2.06 estimate and revenue of $24.33 billion, up from $21.87 billion last year. It added 2.4 million postpaid net customers, including 962,000 phone and 558,000 broadband adds, delivered 10.5% service revenue growth, and sees 900,000–1 million postpaid additions in 2026.
1. Q4 Earnings Results
T-Mobile US reported earnings per share of $2.14 in the fourth quarter, exceeding the $2.06 consensus, while revenue rose to $24.33 billion from $21.87 billion a year earlier. Net income was $2.10 billion, down from $2.98 billion due to workforce transformation costs.
2. Subscriber Growth Performance
During the quarter, T-Mobile added 2.4 million postpaid net customers—the highest industry figure—including 962,000 phone and 558,000 broadband net adds. Broadband growth was led by 495,000 5G and 63,000 fiber subs, cementing the company’s best-in-class customer metrics.
3. Service Revenue and Cash Flow
Service revenues climbed 10.5% year-over-year to $18.70 billion, with postpaid service revenue up 13.9% to $15.38 billion. Operating cash flow rose 20% to $6.65 billion and adjusted free cash flow increased to $4.19 billion.
4. Fiscal 2026 Outlook
T-Mobile projects fiscal 2026 postpaid net additions of 900,000–1 million accounts. It anticipates operating cash flow of $28.0 billion–$28.7 billion and adjusted free cash flow of $18.0 billion–$18.7 billion, including merger-related costs.