Q3 25 EPS
$2.41
BEAT +0.39%
Est. $2.40
Q3 25 Revenue
$21.96B
MISS 0.10%
Est. $21.98B
vs S&P Since Q3 25
-16.9%
TRAILING MARKET
TMUS -9.6% vs S&P +7.3%
Market Reaction
Did TMUS Beat Earnings? Q3 2025 Results
T-Mobile US posted a largely in-line but strategically impressive third quarter for fiscal 2025, with earnings per share of $2.41 edging past the $2.40 consensus estimate by 0.39%, even as revenue of $21.96 billion came in just 0.10% below expectatio… Read more T-Mobile US posted a largely in-line but strategically impressive third quarter for fiscal 2025, with earnings per share of $2.41 edging past the $2.40 consensus estimate by 0.39%, even as revenue of $21.96 billion came in just 0.10% below expectations while still growing 8.9% year-over-year. The headline numbers, however, undersell the quarter's significance: the company recorded its best-ever total postpaid net customer additions, fueled in large part by the closed UScellular acquisition, which folded roughly 3.3 million postpaid phone customers into T-Mobile's base and helped push total connections to a record 139.9 million. Net income of $2.71 billion slipped 11.3% year-over-year, weighed down by a $278 million software impairment charge, while capital expenditures surged 35% as network integration accelerated. Management responded to the momentum by raising full-year postpaid net addition guidance to 7.2 to 7.4 million and lifting Core Adjusted EBITDA guidance to $33.70 to $33.90 billion, signaling confidence heading into a period of CEO transition.
Key Takeaways
- • Record postpaid net customer additions of 2.3 million, best-ever
- • Postpaid phone net additions of 1.0 million, highest Q3 in over a decade
- • Total broadband net additions of 560,000, up 34% YoY
- • Postpaid service revenue growth of 12% YoY driven by higher accounts and ARPA
- • Rate plan optimizations and adoption of new tax-and-fee-exclusive plans
- • UScellular acquisition adding 3.3 million postpaid phone customers
- • Metronet and Lumos fiber acquisitions expanding broadband footprint
- • Industry-leading postpaid phone churn of 0.89%
- • 5G network leadership recognized by Opensignal awards
TMUS YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
TMUS Revenue by Segment
With YoY comparisons, source: SEC Filings
“Being the CEO of T-Mobile has been the honor of a lifetime. Together this team has done what most thought was impossible, by transforming the Un-carrier from a scrappy challenger into the world's most successful and customer-centric telecommunications company, going from last to first with the best network, the best value, and the best customer experience in the market.”
— Mike Sievert, Q3 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% |