Loading…
T-Mobile US, Inc.
NASDAQ: TMUS Communication Services Telecom 🔎 Screen
S&P 500 Nasdaq 100
$206.5B
Market Cap
20.9
P/E
1.26
PEG
8.1%
ROCE
18.2%
ROE
1.98
D/E
20.7%
OPM
-28.7%
% from 52W High
20
α RS
🔍 TMUS is showing a high-conviction setup because it matches 4 of 37 tracked screener presets, Sector RRG has Communication Services in the Leading quadrant with the trail still strengthening, and it's hugging the 21 EMA. Net: Broad signal stack, not a recommendation. ? Conviction RRG Technicals
Sources
Conviction 4/37 · Communication Services in Leading quadrant · hugging 21 EMA
⚖️ Compare 🔒 Generate Report 🔒 Research Packet 📚 Guides
🌏 Global Investor Returns
Currency-adjusted total returns for TMUS including FX impact
🌏
Click 🌏 Returns tab to load data
📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

T-Mobile US, Inc., together with its subsidiaries, provides wireless communications services in the United States, Puerto Rico, and the United States Virgin Islands.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
Loading…
⭐ Superinvestors Holding TMUS
View All Superinvestors →
Manager Shares Value % of Fund Period
Andreas Halvorsen Viking Global Investors 2.97M $623.2M 1.74% Mar 2026
Steve Cohen Point72 Asset Management 1.44M $302.8M 0.39% Mar 2026
Jim Simons Renaissance Technologies LLC 280.8K $59.0M 0.09% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔒
Premium Feature
AI-generated 10-section company profile — business model, financials, strengths, risks & management quality
Upgrade to Premium
Already a member? Log in
📐
3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
Open Model →
🎙 Management Tone Confident Specific → Stable 5 quarters Full tone analysis in Intelligence →
Good quarter Investor Presentation One-Pager? Q2 2026
Service Revenue
$19.0B
+9% YoY
Postpaid Service Revenue
$15.9B
+13% YoY
Core Adjusted EBITDA
$9.5B
+12% YoY
Net Income
$3.2B
+1% YoY
Adjusted Free Cash Flow
$4.8B
+4% YoY
What Went Right
  • Record wireless NPS of 46, highest-ever for a big-three carrier, drove continued postpaid account growth.
  • Postpaid service revenue grew 13% YoY to $15.9B, with Core Adjusted EBITDA up 12% to $9.5B.
  • Postpaid ARPA grew 2% to $152.91, or 3.7% ex-M&A, while CLVs grew double digits and over 60% of new-account lines chose premium plans.
What to Watch
  • Q3 rate plan modernization is expected to cause temporarily elevated account churn, with postpaid account net adds guided down to ~250,000.
  • Memory price increases are pushing smartphone prices higher, and T-Mobile intends not to raise device subsidies, meaning customers will pay more.
  • Wholesale revenue is expected to be roughly flat due to Dish/TracFone roll-off, and prepaid service revenue is trending modestly lower as premium prepaid customers migrate to postpaid.
Management Guidance
  • Q3: postpaid account net additions ~250,000; service revenues ~$19.3B, +6% YoY; core adjusted EBITDA ~$9.4B, +8% YoY.
  • FY2026: postpaid account net additions 950,000-1,050,000; service revenues ~$77B, +8% YoY; core adjusted EBITDA $37.1B-$37.5B.
  • FY2026 cash CapEx unchanged at ~$10B; adjusted free cash flow raised to $18.4B-$18.8B; postpaid ARPA growth trending toward 3%.
Investor Lens
The thesis is stronger after this call: record NPS 46, double-digit CLV growth, 3.7% ex-M&A ARPA growth, and network awards reinforce T-Mobile's premium share-gain engine. Management raised adjusted FCF guidance and reiterated 2027 ambitions, while framing upcoming 2.0/2.7 GHz spectrum as an opportunity to cement network leadership rather than a disruption. Near-term risk is guided: Q3 rate-plan modernization will temporarily pressure account adds (~250K), and device subsidy restraint amid memory-price inflation could test volume. But strong Q2 momentum and full-year guidance suggest durable industry-leading growth.
From investor presentation · AI-generated analysis · Not investment advice
🔒
Premium Feature
Investor Presentation One-Pager — quarterly highlights, what went right/wrong & management guidance
Upgrade to Premium
Already a member? Log in
📈 STRONG Strong Q2: 46 NPS and 13% postpaid service revenue growth.
Revenue
Service revenues grew 9% YoY to $19.0B in Q2 2026; postpaid service revenues rose 13% to $15.9B. Broadband adds remained strong at upper-400K, while postpaid ARPA reached $152.91 (+2% YoY, +3.7% ex-M&A).
Profitability
Net income was $3.2B, up 1% YoY, and diluted EPS was $2.99, up 5%, including a $0.14 per share after-tax hit from UScellular merger-related accelerated depreciation. Core Adjusted EBITDA grew 12% to $9.5B.
Margins
Core Adjusted EBITDA grew 12%, and management cited an industry-leading adjusted free cash flow margin of 25%. Postpaid phone churn improved to 0.85% and postpaid account churn was 0.99%.
Balance Sheet
Cash CapEx guidance unchanged at ~$10B; Q2 adjusted free cash flow was $4.8B, +4% YoY. T-Mobile repurchased $2.5B in Q2 and through July 17, reducing shares outstanding to 1.07B, while managing the capital envelope with 2027-28 C-Band 2.0/2.7 GHz spectrum opportunities in mind.
Key Risks
Q3 rate plan modernization is expected to temporarily lift account churn and limit postpaid account adds to ~250K. Memory-price inflation is raising smartphone costs, and T-Mobile is choosing not to increase subsidies. Wholesale revenue is expected roughly flat due to Dish/TracFone roll-off, while prepaid service revenue trends modestly lower as premium prepaid customers migrate to postpaid.
Outlook
Q3 service revenues are guided to ~$19.3B (+6% YoY) with core adjusted EBITDA ~$9.4B (+8% YoY). Full-year guidance includes service revenues of ~$77B (+8%), core adjusted EBITDA of $37.1B-$37.5B, postpaid account adds of 950K-1,050K, and adjusted FCF raised to $18.4B-$18.8B.
Generated by AI · Q2 2026 results · Not investment advice
🔒
Free Account Required

Create a free Finmagine account to access Finmagine™ Scorecard.

See how this company scores across 5 dimensions — Financial Health, Growth Prospects, Competitive Position, Management Quality, and Valuation — powered by 30+ computed ratios.

Create Free AccountLog In
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Ask AI.

Get 25 expert AI analysis templates — Business KPIs, Comprehensive, Forensic Governance, Peer Comparison, Risk-Reward, Full Research Report, IPO Decoder, Red Flag Detector, and more — ready to paste into ChatGPT, Claude, Gemini, or Perplexity.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Peer Comparison.

Compare this company side-by-side against its sector peers with financial metrics, ratio benchmarking, and relative performance across all key dimensions.

Upgrade to PremiumCreate Free Account
✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
🔍
🔎 See cross-company document search → ?
📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-07-23
Q2 saw record-high NPS, strong postpaid and broadband growth, and industry-leading financials, with postpaid service revenue up 13% and core adjusted EBITDA up 12% year-over-year. Guidance was raised for free cash flow, and share buybacks continued, while investments in network and AI innovation remain a priority.
Q1 2026 Q1 2026 2026-04-28
Industry-leading Q1 growth with 15% postpaid service revenue and 12% core adjusted EBITDA increases, driven by network differentiation and strong broadband additions. Raised full-year guidance across key metrics and expanded fiber footprint through new JVs.
Q4 2025 Q4 2025 2026-02-11
Industry-leading growth in service revenue and EBITDA drove a raised outlook for 2026–2027, with strong postpaid account additions, ARPA expansion, and broadband growth. Capital returns accelerated, new AI-powered services launched, and guidance now focuses on accounts and ARPA.
Q3 2025 Q3 2025 2025-10-23
Record Q3 results with industry-leading postpaid growth, strong broadband additions, and raised full-year guidance. Integration of UScellular and digital transformation are accelerating, while network leadership and disciplined capital allocation position the company for continued outperformance.
Q2 2025 Q2 2025 2025-07-23
Record Q2 growth in postpaid and broadband, with ARPA up 5% and service revenues up 6% year over year. Raised full-year guidance for net additions, EBITDA, and free cash flow, while expanding fiber and satellite offerings and closing key acquisitions.
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Catalyst Timeline.

Every result, order win, insider trade, ECS update, earnings-call, and SEC announcement for this company — in one chronological lane.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Full Report.

Read the complete Finmagine™ investment research report — comprehensive fundamental analysis, business model assessment, competitive positioning, and investment recommendation.

Upgrade to PremiumCreate Free Account

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯
Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.
📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.