T-Mobile US, Inc. Q2 FY26 Results — Earnings Call Analysis
Published 29 May 2026 | Wireless Telecommunication Services | Market Cap: ₹2.0L Cr
- Raising expectation for total postpaid net account additions to **950,000 - 1,050,000** for the full year, reflecting strong momentum (Page 3). - Raised full-year postpaid net account additions guidance to between 950,000 and 1,050,000 due to strong momentum (Page 3).
From T-Mobile US, Inc.'s Q2 FY26 earnings-call transcript · updated 29 May 2026.
Price
₹189.01
Market Cap
₹2.0L Cr
P/E Ratio
20.3
Revenue Rank
Margin Rank
How does T-Mobile US, Inc. rank in Wireless Telecommunication Services?
Compare T-Mobile US, Inc. against every Wireless Telecommunication Services company this quarter on revenue, margins and earnings-call signals.
📊 Revenue & Sales Performance
Rank 3- →Raising expectation for total postpaid net account additions to **950,000 - 1,050,000** for the full year, reflecting strong momentum (Page 3).
- →Full-year **service revenue expected at approximately $77 billion**, representing **8% growth**, with Q2 service revenue ~ $19 billion (up 9% YoY) (Page 3).
- →Strong postpaid ARPA growth forecast of **2.5% to 3%** for the full year (Page 3).
- →Core adjusted EBITDA guidance increased to a range of **$37.1 billion to $37.5 billion**, with Q2 EBITDA expected around $9.4 billion (up 10% YoY) (Page 3).
- →Adjusted free cash flow expected between **$18.1 billion and $18.7 billion**, up $100 million at the lower end (Page 3).
- →Fixed wireless access projected to reach **15 million customers by 2030**, with continued strong growth and network capacity (Page 5).
- →ARPA growth to reaccelerate in the second half of the year after Q2 dynamics (Page 14).
📈 Profitability & Margins
Rank 3- →Raised full-year postpaid net account additions guidance to between 950,000 and 1,050,000 due to strong momentum (Page 3).
- →Full-year service revenue expected at approximately $77 billion, representing 8% growth; Q2 service revenue expected around $19 billion, up 9% YoY (Page 3).
- →Strong postpaid ARPA growth of 2.5%-3% anticipated for full year (Page 3).
- →Full-year core adjusted EBITDA guidance increased slightly to $37.1 billion–$37.5 billion, with Q2 core adjusted EBITDA about $9.4 billion (10% YoY growth) (Page 3).
- →Adjusted free cash flow expected between $18.1 billion and $18.7 billion for 2026, up $100 million at lower end (Page 3).
- →Capital expenditures remain at ~$10 billion for 2026 to further differentiate the network (Page 3).
- →Long-term profitability supported by best network, best value, and best experience driving sustained ARPA and volume growth (Pages 4, 12, 14).
🏗️ Capital Expenditure Plans
Yes- →Full year 2026 cash CapEx is expected to be approximately $10 billion, unchanged from previous guidance, focusing on continued network differentiation (Page 3).
- →$2.7 billion of investment planned across 2 fiber joint ventures (JVs) when they close; more updates to follow post-close (Page 12).
- →Fiber JVs aim for double-digit IRRs, focusing on creating true equity value rather than chasing homes passed metrics (Page 4).
- →Investment in AI and transformation to realize $3 billion cost synergies by 2027, including efficiencies in customer care, retail, and back-office (Page 12).
- →Continued strategic investment in fixed wireless access, targeting 15 million customers by 2030 without assuming new spectrum purchases (Page 5).
- →Incremental investments in new routers with higher speeds supporting broadband growth and increasing network capacity (Page 5).
💰 Fundraising & Capital Structure
No information- →The transcript does not mention any current or planned new fundraising through debt or equity.
- →Capital allocation philosophy focuses on investing in the core business, value-accretive M&A, and balanced shareholder returns (dividends and share buybacks).
- →Recently increased 2026 stockholder return authorization by up to $3.6 billion (total $18.2 billion) but no mention of raising new capital.
- →Investment in two JVs involves about $2.7 billion, but no details on how this is funded.
- →Focus remains on leveraging intrinsic company value and prudent capital allocation without explicit plans for new fundraising.
📋 Order Book & Pipeline
No informationKey Metrics
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Margin
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Continue your research
Others in Wireless Telecommunication Services this season
- Millicom International Cellular S.A. (Q2 FY26)
Millicom International Cellular S.A. Q2 FY26 quarterly results analysis. Colombia: Strong top-line growth at 8%, driven by mobile postpaid growth, B2B services,
- Vodafone Group Public Limited Company (Q2 FY26)
Vodafone Group Public Limited Company Q2 FY26 quarterly results analysis. **U.K. Market Cap $35,472, P/E 8.6. AI-powered earnings insights.
Frequently Asked Questions
What were T-Mobile US, Inc. Q2 FY26 results?
- Raising expectation for total postpaid net account additions to **950,000 - 1,050,000** for the full year, reflecting strong momentum (Page 3). - Raised full-year postpaid net account additions guidance to between 950,000 and 1,050,000 due to strong momentum (Page 3).
What is T-Mobile US, Inc. share price analysis?
T-Mobile US, Inc. currently shows a below-average growth signal. The stock trades at a P/E of 20.3 with a market cap of $204,548. Investors should review the full earnings analysis for detailed insights.
Is T-Mobile US, Inc. planning capital expenditure?
- Full year 2026 cash CapEx is expected to be approximately $10 billion, unchanged from previous guidance, focusing on continued network differentiation (Page 3).
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.