T-Mobile's Q2 2026 Results Show Revenue Growth Amidst Slower Account Additions — T-Mobile US, Inc.

Event summary

T-Mobile reported Q2 2026 postpaid net account additions of 277,000, a 13% year-over-year decrease.
Postpaid ARPA grew 2% year-over-year to $152.91, while service revenues increased 9% to $19.0 billion.
Net income rose 1% year-over-year to $3.2 billion, including UScellular merger-related costs of $146 million.
Core Adjusted EBITDA grew 12% year-over-year to $9.5 billion, with adjusted free cash flow up 4% to $4.8 billion.

The big picture

T-Mobile's Q2 2026 results highlight its ability to drive revenue growth through service differentiation, despite a slowdown in account additions. The company's focus on customer experience and network leadership continues to pay off, but it must navigate the challenges of integrating UScellular while maintaining profitability. In an increasingly competitive telecommunications landscape, T-Mobile's strategic investments in technology and broadband will be critical to sustaining its market position.

What we're watching

Revenue Diversification: How T-Mobile will balance wireless and broadband growth amid increasing competition.
Customer Retention: Whether the company can sustain its high NPS score while managing slower account additions.
Network Investment: The pace at which T-Mobile will invest in network expansion and technology leadership.