T-Mobile Q2 service revenue rises 9% to $19.0 billion; raises cash flow guidance
T-Mobile reported second quarter 2026 results, with service revenues up 9% year-over-year to $19.0 billion, net income up 1% to $3.2 billion and diluted EPS up 5% to $2.99. The company raised its 2026 guidance for net cash provided by operating activities and Adjusted Free Cash Flow, while reiterating its Core Adjusted EBITDA guidance of $37.1 billion to $37.5 billion.
Key points
- Diluted EPS of $2.99 rose 5% year-over-year and included $0.14 per share of UScellular merger-related costs, including accelerated depreciation, net of tax.
- Postpaid net account additions were 277 thousand, down 13% year-over-year, while postpaid ARPA of $152.91 grew 2%.
- Adjusted Free Cash Flow guidance for 2026 is now $18.4 billion to $18.8 billion, up from $18.1 billion to $18.7 billion.
- Stockholder returns were $3.3 billion in Q2 2026, and the company repurchased an additional $392 million in common stock from Q3 2026 through July 17, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits 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 July 23, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.