T-Mobile reported second quarter 2026 results with revenue of $22.8 billion, slightly missing the $22.95 billion estimate, while diluted EPS of $2.99 significantly beat the $2.58 consensus. The company added 277 thousand postpaid net accounts during the quarter.
Key Highlights
- Service revenues grew 9% year-over-year to $19.0 billion, driven by a 13% increase in postpaid service revenues to $15.9 billion.
- Profitability remained strong, as Core Adjusted EBITDA increased 12% year-over-year to $9.5 billion and Adjusted Free Cash Flow grew 4% to $4.8 billion.
- Postpaid Average Revenue Per Account (ARPA) increased 2% year-over-year to $152.91, though postpaid net account additions slowed by 13% from the prior year.
- The company raised its full-year 2026 guidance for Adjusted Free Cash Flow to a new range of $18.4 billion to $18.8 billion.