T-Mobile Q2 2026 earnings beat estimates on premium plan growth

Diluted net per stock came successful astatine $2.99, up 5% from a twelvemonth earlier. That bushed the expert statement estimation of $2.59 per share, according to MarketWatch. Net income roseate 1% year-over-year to $3.2 billion, which included $146 cardinal successful costs tied to the UScellular merger, nett of tax, the institution said.

Total work revenues climbed 9% year-over-year to $19.0 billion, portion postpaid work revenues roseate 13% to $15.9 billion. The bearer added 277,000 nett postpaid accounts successful the quarter, supra expert estimates of 259,000, according to Reuters, citing information from Visible Alpha.

Average monthly postpaid gross per relationship roseate 2% year-over-year to $152.91, up from $149.87 successful the aforesaid play past year, the institution said.

The institution has been phasing retired bequest plans, shifting customers to updated tiers that bundle unlimited premium information with device-upgrade benefits. About 60% of caller customers are adopting the astir premium plans, Chief Operating Officer Jon Freier told Reuters.

T-Mobile lifted its full-year adjusted escaped currency travel outlook, guiding to $18.4 billion–$18.8 cardinal versus its earlier people of $18.1 billion–$18.7 billion. Chief Financial Officer Peter Osvaldik attributed the betterment to efficiencies successful currency income taxes and moving superior benefits from artificial quality tools, helium told Reuters. The company's operating currency travel guidance besides moved higher, to a scope of $28.4 cardinal to $28.8 cardinal from $28.1 cardinal to $28.7 billion.

Core adjusted EBITDA, a non-GAAP measure, grew 12% year-over-year to $9.5 billion. Adjusted escaped currency travel roseate 4% to $4.8 billion. The institution spent $2.7 cardinal connected spot and instrumentality purchases successful the quarter, up 13% from a twelvemonth earlier.

T-Mobile returned $3.3 cardinal to stockholders successful the 2nd 4th done $2.2 cardinal successful stock repurchases and $1.1 cardinal successful dividends, the institution said.

T-Mobile shares slipped astir 1.3% up of the opening bell.