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T-Mobile US, Inc. reported Q2 2026 total revenues of $22,791 million, up from $21,132 million a year earlier, driven by service revenues of $18,983 million. Operating income was $5,490 million, and net income was $3,239 million, or $2.99 basic and diluted earnings per share.
Cash generation remained strong, with $14,722 million of net cash provided by operating activities in the first half of 2026. Total assets were $213,553 million, including $98,178 million of spectrum licenses, and total debt stood at $84,621 million. Asset-backed notes of $2.0 billion are secured by equipment installment plan receivables.
The company continued portfolio and network expansion through acquisitions and spectrum transactions, including the UScellular wireless business, Vistar Media ($618 million consideration) and Blis Holdco ($174 million consideration), along with new fiber joint venture commitments of about $700 million and $2.0 billion. Capital returns were significant: in the first half of 2026 T-Mobile repurchased 34,750,770 shares for $7.1 billion and paid $2.2 billion in dividends, with additional $1.02 per share dividend declared for payment in September 2026.
T-Mobile US, Inc. reported strong results for the quarter ended June 30, 2026. Total service revenues were $19.0 billion, up 9% year-over-year, with postpaid service revenues of $15.9 billion, up 13%. Net income was $3.2 billion, up 1%, and diluted EPS was $2.99, up 5%, including UScellular merger-related costs of $146 million after tax, or $0.14 per share, and network restructuring costs of $46 million after tax, or $0.04 per share. Core Adjusted EBITDA reached $9.5 billion, up 12%. Net cash provided by operating activities was $7.5 billion, up 7%, and Adjusted Free Cash Flow was $4.8 billion, up 4%.
Operationally, postpaid ARPA was $152.91, up 2% year-over-year, with 277 thousand postpaid net account additions and postpaid account churn of 0.99%. The company highlighted a record wireless NPS score of 46 and multiple third-party network awards. For 2026, T-Mobile reaffirmed guidance for postpaid net account additions of 950 thousand to 1.05 million and Core Adjusted EBITDA of $37.1–$37.5 billion, while raising guidance for net cash provided by operating activities to $28.4–$28.8 billion and Adjusted Free Cash Flow to $18.4–$18.8 billion, with capital expenditures expected at approximately $10.0 billion. The company returned $3.3 billion to stockholders in Q2 2026, including $2.2 billion of share repurchases and $1.1 billion of cash dividends, bringing cumulative stockholder returns since Q3 2022 to $54.6 billion.
T-Mobile US, Inc. is reshaping its leadership team, highlighted by the appointment of wireless industry veteran Chris Sambar as Chief Enterprise Officer, effective no later than October 14, 2026. He will lead the company’s SMB, enterprise and government businesses and report to CEO Srini Gopalan, with a mandate to expand T-Mobile’s business customer portfolio and scale emerging opportunities such as T-Ads and Physical AI.
André Almeida moves into an expanded role as Chief Marketing, Brand & Broadband Officer, partnering with the COO to drive consumer wireless and broadband growth. Dr. John Saw, Chief Technology Officer, will also oversee product engineering and cybersecurity, integrating network and technology functions to support next-generation AI and 6G experiences.
Longtime executive Mike Katz, Chief Business & Product Officer, will step away from his role effective July 8, 2026 and remain a strategic advisor through December 2026. The company frames these changes as aligned with strategic priorities outlined in its February 2026 Capital Markets Update, emphasizing continued growth, innovation and expansion beyond core wireless.
CLAURE RAUL MARCELO reported acquisition or exercise transactions in this Form 4 filing.
T-Mobile US director Raul Marcelo Claure received an award of 1,384 shares of common stock as restricted stock units under the company’s 2023 Incentive Award Plan at a grant price of $0. These RSUs vest in full on June 16, 2027. After the award, he directly holds 1,849,801 shares, in addition to 891,204 shares indirectly held through Claure Mobile LLC.
Datar Srikant M. reported acquisition or exercise transactions in this Form 4 filing.
T-Mobile US, Inc. director Srikant M. Datar received an equity grant of 1,384 restricted stock units of common stock at no cost. These units were granted under the company’s 2023 Incentive Award Plan and vest in full on June 16, 2027, subject to the Director Compensation Program.
Following this award, Datar directly holds 2,422 shares of common stock. He also has indirect holdings reported as 8,200 shares through Datar Investment LLC, 11,724 shares through Safari LLC, and 10,843 shares through Legacycap LLC.
KAVANAUGH JAMES J reported acquisition or exercise transactions in this Form 4 filing.
T-Mobile US director James J. Kavanaugh received an equity award of 1,384 shares of Common Stock in the form of restricted stock units. The award was granted at no cash cost to him and increased his direct holdings to 5,461 shares.
The restricted stock units were granted under T-Mobile US, Inc.'s 2023 Incentive Award Plan and are scheduled to vest in full on June 16, 2027, subject to the terms of the company’s Director Compensation Program.
Taylor Teresa reported acquisition or exercise transactions in this Form 4 filing.
T-Mobile US, Inc. director Teresa Taylor reported receiving an equity award in the form of restricted stock units. She was granted 1,384 RSUs of common stock at no cash cost as a compensation grant. Following this award, she holds 8,053 shares of T-Mobile common stock directly.
The RSUs were granted under T-Mobile’s 2023 Incentive Award Plan and are subject to the company’s Director Compensation Program. These units vest in full on June 16, 2027, meaning Taylor will receive the underlying shares on that date if vesting conditions are met.
T-Mobile US, Inc. director Thomas Dannenfeldt received an equity grant in the form of restricted stock units. On June 16, 2026, he acquired 1,384 shares of common stock at no cash cost through a grant classified as a grant, award, or other acquisition.
The award consists of restricted stock units granted under the company’s 2023 Incentive Award Plan and is subject to the Issuer's Director Compensation Program. These units vest in full on June 16, 2027, provided the vesting conditions are met. Following this grant, Dannenfeldt directly holds 2,110.6 shares of T-Mobile US common stock.
T-Mobile US, Inc. director Letitia A. Long reported the receipt of two stock-based awards in the form of common stock units. On June 16, 2026, she acquired 272 shares and 1,384 shares of common stock at a stated price of $0.00 per share as compensation grants. Following these awards, her direct holdings reported in the filing are 7,094 shares of common stock. The footnotes explain that these are restricted stock units granted under T-Mobile’s 2023 Incentive Award Plan, which vest in full on June 16, 2027, subject to the applicable plan and director compensation terms.
T-Mobile US, Inc. reported results from its June 16, 2026 Annual Meeting of Stockholders. Stockholders elected 13 director nominees, each to serve until the 2027 annual meeting or until a successor is chosen. The slate included executives and independent directors such as G. Michael Sievert, Letitia A. Long, and others.
Stockholders also ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 1,024,896,937 votes for, 460,461 against, and 954,018 abstentions. In a non-binding advisory vote, compensation for the company’s named executive officers for 2025 was approved, receiving 723,426,378 votes for, 263,459,102 against, and 530,999 abstentions, plus 38,894,937 broker non-votes.