I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2026 Q1, the actual value is USD 23.11 B.
EPS: As of FY2026 Q1, the actual value is USD 2.27.
EBIT: As of FY2026 Q1, the actual value is USD 5.528 B.
Segment Revenue
- Total service revenues for Q1 2026 were $18.8 billion, representing an 11% year-over-year increase . Sequentially, total service revenues increased slightly from $18,702 million in Q4 2025 to $18,831 million in Q1 2026 .
- Postpaid service revenues for Q1 2026 were $15.6 billion, reflecting a 15% year-over-year growth . Sequentially, postpaid service revenues increased 2% from $15,378 million in Q4 2025 to $15,629 million in Q1 2026 .
- Prepaid revenues for Q1 2026 were $2,517 million, compared to $2,586 million in Q4 2025 and $2,643 million in Q1 2025 .
- Wholesale and other service revenues for Q1 2026 were $685 million, compared to $738 million in Q4 2025 and $688 million in Q1 2025 .
- Equipment revenues for Q1 2026 were $3,996 million, an 8% year-over-year increase, but a 26% sequential decrease from Q4 2025 .
- Lease revenues for Q1 2026 were $1 million .
Operational Metrics
- Net income for Q1 2026 was $2.5 billion, a 15% decrease year-over-year, which includes $476 million in UScellular merger-related costs, including accelerated depreciation, net of tax . Sequentially, net income increased from $2,103 million in Q4 2025 to $2,504 million in Q1 2026 .
- Net income margin for Q1 2026 was 13.3%, compared to 11.2% in Q4 2025 and 17.4% in Q1 2025 .
- Core Adjusted EBITDA for Q1 2026 was $9.2 billion, up 12% year-over-year . Sequentially, Core Adjusted EBITDA increased 9% from $8,445 million in Q4 2025 to $9,240 million in Q1 2026 .
- Core Adjusted EBITDA margin for Q1 2026 was 49.1%, compared to 45.2% in Q4 2025 and 48.8% in Q1 2025 .
- Operating income for Q1 2026 was $4,497 million, compared to $3,736 million in Q4 2025 and $4,800 million in Q1 2025 .
- Cost of services (exclusive of D&A) for Q1 2026 was $3,339 million, a 28% year-over-year increase .
- Cost of equipment sales (exclusive of D&A) for Q1 2026 was $5,488 million, a 14% year-over-year increase, but a 21% sequential decrease .
- Selling, General and Administrative (SG&A) expense for Q1 2026 was $5,966 million, a 9% year-over-year increase, but a 9% sequential decrease .
Cash Flow
- Net cash provided by operating activities for Q1 2026 was $7.2 billion, a 5% year-over-year increase . Sequentially, net cash provided by operating activities increased 9% from $6,654 million in Q4 2025 to $7,222 million in Q1 2026 . The net cash provided by operating activities margin was 38.4% .
- Adjusted Free Cash Flow for Q1 2026 was $4.6 billion, marking a 5% year-over-year increase . Sequentially, Adjusted Free Cash Flow increased 10% from $4,185 million in Q4 2025 to $4,599 million in Q1 2026 . The Adjusted Free Cash Flow margin was 24.4% .
- Cash purchases of property and equipment, including capitalized interest, were $2.6 billion, a 7% year-over-year increase .
Unique Metrics
- Postpaid net account additions were 217 thousand, an increase of 6% year-over-year .
- Total postpaid accounts (end of period) reached 34,439 thousand .
- Postpaid ARPA (Average Revenue Per Account) was $151.93, a 3.9% increase year-over-year .
- Postpaid account churn was 1.04% .
- T-MOBILE US, INC. returned $6.0 billion to stockholders in Q1 2026, comprising $4.9 billion in common stock repurchases and $1.1 billion in cash dividends . Cumulative stockholder returns reached $51.4 billion since the program’s inception .
- Total debt (excluding tower obligations) at the end of Q1 2026 was $88.2 billion .
- Net debt (excluding tower obligations) at the end of Q1 2026 was $84.7 billion .
Outlook / Guidance
T-MOBILE US, INC. has raised its 2026 guidance for postpaid net account additions to between 950 thousand and 1.05 million . Core Adjusted EBITDA is projected to be between $37.1 billion and $37.5 billion, and Adjusted Free Cash Flow is anticipated to be between $18.1 billion and $18.7 billion . The company continues to expect cash purchases of property and equipment, including capitalized interest, to be approximately $10.0 billion, and has increased the 2026 stockholder return authorization to up to $18.2 billion .
