T-Mobile US, Inc. (TMUS) Research

Forward Estimates

EPS Estimates

Current Qtr

$2.59

$2.18$2.89

vs $2.84-9.0%

17 analysts

Next Qtr

$2.88

$2.17$3.25

vs $2.41+19.4%

17 analysts

Current Yr

$10.50

$8.85$11.52

vs $9.72+8.1%

24 analysts

Next Yr

$13.54

$11.25$16.73

vs $10.50+28.9%

23 analysts

Revenue Estimates

Current Qtr

$23.00B

$22.82B$23.18B

vs $21.13B+8.8%

19 analysts

Next Qtr

$23.26B

$22.96B$23.44B

vs $21.96B+5.9%

18 analysts

Current Yr

$94.61B

$93.14B$95.20B

vs $88.31B+7.1%

25 analysts

Next Yr

$98.91B

$96.18B$99.75B

vs $94.61B+4.5%

23 analysts

SEC filings →

View all 10-K, 10-Q, and 8-K filings for TMUS on EDGAR.

TMUS filing events and research context
Filed	Item	Context
Apr 28, 2026	earnings	T-Mobile reported strong Q1 2026 financial and operating results, including $2.5B net income, and raised 2026 guidance.
Apr 23, 2026	share_repurchase	TMUS increased its shareholder return program by $3.6 billion to $18.2 billion, including share repurchases and dividends.
Mar 31, 2026	other	T-Mobile USA released subsidiary guarantees under its $10 billion revolving credit agreement and senior notes.
Apr 28, 2026	Guidance: adjusted_free_cash_flow	18100.00 to 18700.00
Apr 28, 2026	Guidance: cash_purchases_of_property_and_equipment	10000.00 to not reported
Apr 28, 2026	Guidance: core_adjusted_ebitda	37100.00 to 37500.00
Apr 28, 2026	mda_quarterly	T-Mobile US reported an 11% revenue increase to $23.1 billion for Q1 2026, driven by a 15% rise in postpaid revenues from higher accounts and ARPA, despite a 5% decline in prepaid. Operating income decreased 6% to $4.5 billion, and net income fell 15% to $2.5 billion, primarily due to $635 million in UScellular merger-related costs, $136 million for network restructuring, and $141 million in workforce transformation severance. Despite this, Adjusted EBITDA grew 12% to $9.2 billion, and Adjusted Free Cash Flow increased 5% to $4.6 billion. The company completed the UScellular acquisition in August 2025 for $2.8 billion cash and $1.7 billion in notes, targeting $1.2 billion in annual run-rate cost synergies by 2027. TMUS significantly expanded its fiber-to-the-home footprint through joint ventures with Lumos ($932 million) and Metronet ($4.6 billion), acquiring residential customers, with further fiber investments planned. Acquisitions of Vistar Media and Blis diversified its advertising technology. Postpaid accounts grew 11% to 34.4 million, with ARPA up 4% to $151.93, though churn increased to 1.04%. TMUS saw $6.4 billion in debt issuance and repayment, while strategically acquiring 600 MHz spectrum from Comcast and selling 800 MHz to Grain Management. The company returned $4.9 billion to shareholders via repurchases and $1.1 billion in dividends under an expanded 2026 Stockholder Return Program, now totaling $18.2 billion.
Feb 11, 2026	business	T-Mobile US operates as America's second-largest wireless communications provider, serving 142.4 million postpaid and prepaid customers as of December 31, 2025. Its "Un-carrier" strategy emphasizes customer-centricity, disruptive innovation, and delivering an unmatched combination of value and network quality. The company leverages what it asserts is the largest, fastest, and most advanced 5G network, built on a multi-layer spectrum portfolio including low-band, mid-band, and millimeter-wave. This network supports its primary offerings: wireless communications plans like Experience More and Essentials, and a wide selection of devices including smartphones and 5G broadband gateways. TMUS also provides 5G fixed wireless broadband and fiber services, expanding internet access without contracts. Revenue is predominantly from postpaid (81%) and prepaid (15%) customers, with wholesale services contributing 4%. Key brands are T-Mobile, Metro by T-Mobile, and Mint Mobile. The company is evolving into an AI-enabled, digital-first organization to enhance customer experience. Competition is fierce, primarily from AT&T and Verizon, regional providers, and alternative broadband solutions. Regulatory changes from the FCC and state-level bodies, particularly concerning licensing, spectrum, and consumer protection, represent ongoing risks that could impact costs or revenues. Recent spectrum activities include acquiring 600 MHz from Comcast and selling 800 MHz to Grain.

Filed

Item

Context

Apr 28, 2026

earnings

T-Mobile reported strong Q1 2026 financial and operating results, including $2.5B net income, and raised 2026 guidance.

Apr 23, 2026

share_repurchase

TMUS increased its shareholder return program by $3.6 billion to $18.2 billion, including share repurchases and dividends.

Mar 31, 2026

other

T-Mobile USA released subsidiary guarantees under its $10 billion revolving credit agreement and senior notes.

Apr 28, 2026

Guidance: adjusted_free_cash_flow

18100.00 to 18700.00

Apr 28, 2026

Guidance: cash_purchases_of_property_and_equipment

10000.00 to not reported

Apr 28, 2026

Guidance: core_adjusted_ebitda

37100.00 to 37500.00

Apr 28, 2026

mda_quarterly

T-Mobile US reported an 11% revenue increase to $23.1 billion for Q1 2026, driven by a 15% rise in postpaid revenues from higher accounts and ARPA, despite a 5% decline in prepaid. Operating income decreased 6% to $4.5 billion, and net income fell 15% to $2.5 billion, primarily due to $635 million in UScellular merger-related costs, $136 million for network restructuring, and $141 million in workforce transformation severance. Despite this, Adjusted EBITDA grew 12% to $9.2 billion, and Adjusted Free Cash Flow increased 5% to $4.6 billion. The company completed the UScellular acquisition in August 2025 for $2.8 billion cash and $1.7 billion in notes, targeting $1.2 billion in annual run-rate cost synergies by 2027. TMUS significantly expanded its fiber-to-the-home footprint through joint ventures with Lumos ($932 million) and Metronet ($4.6 billion), acquiring residential customers, with further fiber investments planned. Acquisitions of Vistar Media and Blis diversified its advertising technology. Postpaid accounts grew 11% to 34.4 million, with ARPA up 4% to $151.93, though churn increased to 1.04%. TMUS saw $6.4 billion in debt issuance and repayment, while strategically acquiring 600 MHz spectrum from Comcast and selling 800 MHz to Grain Management. The company returned $4.9 billion to shareholders via repurchases and $1.1 billion in dividends under an expanded 2026 Stockholder Return Program, now totaling $18.2 billion.

Feb 11, 2026

business

T-Mobile US operates as America's second-largest wireless communications provider, serving 142.4 million postpaid and prepaid customers as of December 31, 2025. Its "Un-carrier" strategy emphasizes customer-centricity, disruptive innovation, and delivering an unmatched combination of value and network quality. The company leverages what it asserts is the largest, fastest, and most advanced 5G network, built on a multi-layer spectrum portfolio including low-band, mid-band, and millimeter-wave. This network supports its primary offerings: wireless communications plans like Experience More and Essentials, and a wide selection of devices including smartphones and 5G broadband gateways. TMUS also provides 5G fixed wireless broadband and fiber services, expanding internet access without contracts. Revenue is predominantly from postpaid (81%) and prepaid (15%) customers, with wholesale services contributing 4%. Key brands are T-Mobile, Metro by T-Mobile, and Mint Mobile. The company is evolving into an AI-enabled, digital-first organization to enhance customer experience. Competition is fierce, primarily from AT&T and Verizon, regional providers, and alternative broadband solutions. Regulatory changes from the FCC and state-level bodies, particularly concerning licensing, spectrum, and consumer protection, represent ongoing risks that could impact costs or revenues. Recent spectrum activities include acquiring 600 MHz from Comcast and selling 800 MHz to Grain.

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TMUS filing events and research context

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