T-Mobile raises multi-year outlook, targets 18–19 million broadband customers by 2030
On February 11, 2026, T-Mobile updated the multi-year plan it first shared at its September 2024 Capital Markets Day, raising its 2027 service revenue and Core Adjusted EBITDA targets. It also set a new target of 18–19 million total broadband customers by 2030 and said it expects to roughly double Q1 2026 share repurchases to up to approximately $5.0 billion. The filing shows 2025 net income of $10.992 billion, down from $11.339 billion in 2024.
Key points
- 2027 service revenues are now expected at $80.5–$81.5 billion, up from prior expectations of $75.0–$76.0 billion.
- 2026 Core Adjusted EBITDA is expected at $37.0–$37.5 billion and 2027 at $40.0–$41.0 billion.
- Q1 2026 share repurchases are now expected to be up to approximately $5.0 billion, and the 2026 stockholder return authorization is up to $14.6 billion.
- Full-year 2025 net income was $10.992 billion, compared with $11.339 billion in 2024.
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.