--- title: "T-Mobile USA Inc Pref Shares TMUSL 6.25 Perp 09/01/2069 | 8-K: FY2026 Q1 Revenue: USD 23.11 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/284441159.md" datetime: "2026-04-28T20:07:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284441159.md) - [en](https://longbridge.com/en/news/284441159.md) - [zh-HK](https://longbridge.com/zh-HK/news/284441159.md) generator: "portal-rs" --- # T-Mobile USA Inc Pref Shares TMUSL 6.25 Perp 09/01/2069 | 8-K: FY2026 Q1 Revenue: USD 23.11 B 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 . ### Related Stocks - [TMUSL.US](https://longbridge.com/en/quote/TMUSL.US.md) ## Related News & Research - [Stocks in Play: Tilray Brands Inc.](https://longbridge.com/en/news/299060724.md) - [MarketBeat Week in Review – 09/07 - 09/11](https://longbridge.com/en/news/298806008.md) - [Stocks in Play: Maple Leaf Foods Inc.](https://longbridge.com/en/news/298929040.md) - [Sasol director sells shares worth ZAR 381,733.38](https://longbridge.com/en/news/298482395.md) - [Greenwave Technology CEO Danny Meeks reports acquisition of shares worth $8 million](https://longbridge.com/en/news/298508081.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**