T-Mobile US, Inc.: EPS $3.22 vs $2.89 expected; revenue $23.6B vs $23.2B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 3.22 | 2.89 | +11.4% | 2.59 |
| Revenue (USD bn) | 23.58 | 23.15 | +1.9% | 21.96 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Oct 28, 2026 | Q3 FY2026 | 3.22 | 2.89 | +11.4% | 23.58 | 23.15 | +1.9% |
| Jul 23, 2026 | Q2 FY2026 | 2.99 | 2.59 | +15.4% | 22.79 | 22.95 | −0.7% |
| Apr 28, 2026 | Q1 FY2026 | 2.27 | 2.01 | +12.9% | 23.11 | 22.98 | +0.5% |
| Feb 11, 2026 | Q4 FY2025 | 1.88 | 2.05 | −8.3% | 24.33 | 24.17 | +0.7% |
| Oct 23, 2025 | Q3 FY2025 | 2.59 | 2.40 | +7.9% | 21.96 | 21.91 | +0.2% |
| Jul 23, 2025 | Q2 FY2025 | 2.84 | 2.67 | +6.4% | 21.13 | 21.04 | +0.5% |
| Apr 24, 2025 | Q1 FY2025 | 2.58 | 2.47 | +4.5% | 20.89 | 20.63 | +1.3% |
| Jan 29, 2025 | Q4 FY2024 | 2.57 | 2.29 | +12.2% | 21.87 | 21.33 | +2.5% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
T-Mobile US, Inc. results: EPS $3.22 vs $2.89 expected; revenue $23.6B vs $23.2B. The results cover the company's Q3 FY2026. EPS came in above analysts' estimate by 11.4%; revenue above the estimate by 1.9%.
Revenue was up 7.4% from $22.0 billion a year earlier (Q3 FY2025). EPS was up 24.3% from $2.59 a year earlier. On its record, EPS topped analysts' estimates in 6 of 7 earlier comparable reports.
What the results mean
T-Mobile US, Inc. relies on mobile connectivity services, with voice, messaging and data subscriptions providing recurring revenue. Revenue growth indicates expanding business activity, but the available information does not identify how subscriptions and device sales contributed to that growth.
The company serves postpaid, prepaid and wholesale customers, making customer mix and subscription retention important to understanding its business performance. Device and accessory sales complement connectivity services, while stores, digital channels and distributors support customer reach.
What to watch on the earnings call: On the earnings call, investors should listen for management's explanation of revenue growth drivers, the roles of connectivity services and device sales, and how distribution channels support customer retention and acquisition. Commentary on how customer mix, network operating costs and network spending affect margins and profitability would also be useful.
For the full analysis of T-Mobile US, Inc. stock — valuation, scores and financial statements — see the stock page linked with this story.