T-Mobile Posts Adjusted EPS of $3.22, Beating Third-Quarter Estimates
Key Facts
T-Mobile posted adjusted earnings of $3.22 per share in the third quarter of 2026, topping the analyst consensus estimate of $2.89, according to Reuters coverage published by Investing.com. Revenue was $23.58 billion, versus an estimate of $23.15 billion, up 7.4% year over year. The company reported results as postpaid accounts and service revenue were growing, adding operating indicators to the beats on earnings and revenue. The company said net income rose, while postpaid service revenue increased. The results highlight growth in the core business alongside adjusted per-share figures.
Net income was $3.5 billion for the quarter, up 27% from the same period a year earlier, according to the company’s investor relations statement. Postpaid service revenue rose 9% to $16.3 billion year over year. The figures reflect growth in service-related revenue alongside higher earnings. In the third quarter of 2025, the company reported net income of $2.7 billion, while service revenue was $18.2 billion, up 9% year over year. The prior-year results provide context for the net income growth recorded in the current quarter.
On its customer base, the company added 274,000 net postpaid accounts in the third quarter, according to its statement. Total accounts reached 35.0 million at the end of the period, up 3% year over year. The net additions figure offers a quarterly measure alongside the size of the existing account base and its annual growth rate. Chief Executive Srini Gopalan said more households and businesses were choosing the company, adding that this “fuels our industry-leading financial growth.” Gopalan linked that growth to the network’s appeal, value and customer experience.
The stock’s move after the results was modest in the session in which they were announced, according to Reuters coverage via Investing.com; it rose 0.86% in regular trading to $148.09 on October 28, 2026. The stock added 0.56% after the close, reaching $148.91. On October 30, TMUS closed at $156.44, versus $147.29 in the previous session, according to EL7 data. Prices show the market reaction on different dates and do not by themselves establish that later moves resulted from the announcement. Deutsche Bank cut its price target to $200 from $250 while maintaining a Buy rating, according to MT Newswires coverage published by Yahoo Finance.
The financial comparison base goes back to the third quarter of 2025, when service revenue was $18.2 billion, up 9% year over year, while net income was $2.7 billion, according to T-Mobile’s newsroom. In the more recent results, postpaid service revenue rose to $16.3 billion, a specific revenue category rather than total service revenue. Total revenue in the third quarter of 2026 was $23.58 billion, beating market estimates. This distinction allows service growth to be assessed alongside overall revenue and net income. The next economic release is the September Job Openings and Labor Turnover Survey, scheduled for November 3, 2026, at 10:00 a.m. Eastern time, according to the Bureau of Labor Statistics calendar.