Q2 25 EPS
$2.84
BEAT +5.55%
Est. $2.69
Q2 25 Revenue
$21.13B
BEAT +0.70%
Est. $20.98B
vs S&P Since Q2 25
-32.8%
TRAILING MARKET
TMUS -19.3% vs S&P +13.6%
Market Reaction
Did TMUS Beat Earnings? Q2 2025 Results
T-Mobile US capped off a record-setting second quarter, posting diluted EPS of $2.84 against a consensus estimate of $2.69, a 5.55% beat, while revenue of $21.13 billion edged past the $20.98 billion forecast and climbed 6.9% year-over-year. The head… Read more T-Mobile US capped off a record-setting second quarter, posting diluted EPS of $2.84 against a consensus estimate of $2.69, a 5.55% beat, while revenue of $21.13 billion edged past the $20.98 billion forecast and climbed 6.9% year-over-year. The headline numbers were anchored by an extraordinary run of customer growth: the carrier added 1.7 million postpaid net customers and 830 thousand postpaid phone net additions in the quarter, both all-time Q2 records that fueled postpaid service revenue growth of 9.1% and lifted net income to an all-time record of $3.22 billion. The momentum was broad-based, with postpaid phone ARPU rising 3% to $50.62 on the back of rate plan optimization and premium tier adoption. Management responded by raising full-year guidance, lifting postpaid net customer addition expectations to 6.1 million to 6.4 million and bumping Adjusted Free Cash Flow guidance to $17.6 billion to $18.0 billion, moves that underscore growing confidence ahead of the pending UScellular acquisition closing and as rivals report their own results.
Key Takeaways
- • Record postpaid net customer additions of 1.7 million in Q2
- • Postpaid phone net additions of 830 thousand, best-ever Q2
- • 5G broadband net customer additions of 454 thousand, up 12% YoY
- • Postpaid ARPA grew 5% YoY to $149.87 driven by rate plan optimizations and higher fee revenue
- • Postpaid phone ARPU grew 3% YoY to $50.62
- • Higher premium service adoption including high-end rate plans
- • Service revenue growth rate more than double closest wireless competitors
- • Network recognition from Ookla (back-to-back Best Mobile Network) and Opensignal (best Overall Experience four consecutive years)
TMUS YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
TMUS Revenue by Segment
With YoY comparisons, source: SEC Filings
“T-Mobile crushed our own growth records with the best-ever total postpaid and postpaid phone nets in a Q2 in our history.”
— Mike Sievert, Q2 2025 Earnings Press Release
TMUS Earnings Trends
TMUS vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
TMUS EPS Trend
Earnings per share: estimate vs actual
TMUS Revenue Trend
Quarterly revenue: estimate vs actual
TMUS Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | — | — | — | — |
| Q4 25 MISS FY | $2.42 | $1.88 | -22.31% | $24.33B | +0.56% |
| FY Full Year | $10.01 | $9.72 | -2.93% | $88.31B | +0.15% |
| Q3 25 BEAT | $2.40 | $2.41 | +0.39% | $21.96B | -0.10% |
| Q2 25 BEAT | $2.69 | $2.84 | +5.55% | $21.13B | +0.70% |
| Q1 25 BEAT | $2.47 | $2.58 | +4.51% | $20.89B | +1.29% |