T-Mobile shares rise as subscriber gains drive earnings beat

The wireless bearer reported adjusted net per stock of $2.27 for Q1 2026, up of Wall Street expectations of astir $2.06.

Revenue came successful astatine $23.11 billion, besides topping statement estimates of astir $22.97 billion.

The company’s show was driven by continued spot successful its postpaid business. Postpaid nett relationship additions reached 217,000 successful the quarter, exceeding expectations of 193,000 and rising 6% twelvemonth implicit year. Postpaid mean gross per relationship accrued 3.9% to $151.93, reflecting ongoing pricing and lawsuit premix improvements.

Service gross totaled $18.8 billion, up 11% from a twelvemonth earlier, portion postpaid work gross roseate 15% to $15.6 billion.

Core adjusted EBITDA accrued 12% twelvemonth implicit twelvemonth to $9.2 billion. Operating currency travel roseate 5% to $7.2 billion, and adjusted escaped currency travel besides accrued 5% to $4.6 billion.

Net income for the 4th was $2.5 billion, down 15% twelvemonth implicit year, portion diluted EPS declined 12% to $2.27. The institution attributed the diminution chiefly to merger-related costs tied to its UScellular transaction, including accelerated depreciation charges totaling $476 cardinal aft tax.

“Q1 marked a beardown commencement to the twelvemonth arsenic we proceed to execute against our ambitious 2026 and 2027 targets, representing yet different impervious constituent of our winning look and unsocial differentiation,” T-Mobile CEO Srini Gopalan said.

“We reported accelerating postpaid nett relationship maturation and beardown postpaid ARPA growth, reflecting this team’s differentiated quality to not lone pull caller lawsuit relationships but besides deepen the engagement with our existing base.”