Filing Flows › T-Mobile US (TMUS) › Guidance history
T-Mobile US (TMUS) guidance history: what it guided and what it reported
T-Mobile US gave guidance in 12 earnings releases on file since Jan 25, 2024. Of 2 guided periods since reported, it met or beat its own guidance twice (100%). Tax rate: 2 of 2, on average -1.0 pts against the guided midpoint. Its releases raised guidance 9 times and lowered it once.
Tax rate
Met or beat 2 of 2 periods (0 above, 0 within, 2 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 25.0% (Feb 11, 2026) → lowered 24.0%–25.0% (Oct 28, 2026) | — | to be reported | — |
| FY2025 | 24.0% (Jan 29, 2025) | 23.0% | below the range | -1.0 pts |
| FY2024 | 24.0% (Jan 25, 2024) | 22.9% | below the range | -1.1 pts |
Operating cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $28.0B–$28.7B (Feb 11, 2026) → reaffirmed $28.1B–$28.7B (Apr 28, 2026) → raised $28.4B–$28.8B (Jul 23, 2026) → raised $28.7B–$28.8B (Oct 28, 2026) | — | to be reported | — |
| FY2025 | $26.8B–$27.5B (Jan 29, 2025) | $27.9B (GAAP) | not judged | — |
| FY2024 | $21.5B–$22.3B (Jan 25, 2024) → raised $21.6B–$22.3B (Apr 25, 2024) → raised $21.8B–$22.2B (Jul 31, 2024) → raised $22.0B–$22.3B (Oct 23, 2024) | $22.3B (GAAP) | not judged | — |
Adjusted EBITDA
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $37.0B–$37.5B (Feb 11, 2026) → reaffirmed $37.1B–$37.5B (Apr 28, 2026) → reaffirmed $37.1B–$37.5B (Jul 23, 2026) → raised $37.4B–$37.5B (Oct 28, 2026) | — | to be reported | — |
| FY2025 | $33.1B–$33.6B (Jan 29, 2025) | — | — | — |
| FY2024 | $31.3B–$31.9B (Jan 25, 2024) → reaffirmed $31.4B–$31.9B (Apr 25, 2024) → reaffirmed $31.5B–$31.8B (Jul 31, 2024) → reaffirmed $31.6B–$31.8B (Oct 23, 2024) | — | — | — |
Adjusted free cash flow
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $18.0B–$18.7B (Feb 11, 2026) → raised $18.1B–$18.7B (Apr 28, 2026) → raised $18.4B–$18.8B (Jul 23, 2026) → raised $18.7B–$18.8B (Oct 28, 2026) | — | to be reported | — |
| FY2025 | $17.3B–$18.0B (Jan 29, 2025) | — | — | — |
| FY2024 | $16.3B–$16.9B (Jan 25, 2024) → raised $16.4B–$16.9B (Apr 25, 2024) → raised $16.6B–$17.0B (Jul 31, 2024) → raised $16.7B–$17.0B (Oct 23, 2024) | — | — | — |
The latest quarter
T-Mobile US, Q3 2026: revenue $23.6B (+7% year over year), operating margin 24.0%, net earnings $3.5B, operating cash flow $7.3B. The chart follows the revenue to costs, profit and cash.
Questions
Does T-Mobile US beat its guidance?
T-Mobile US gave guidance in 12 earnings releases on file since Jan 25, 2024. Of 2 guided periods since reported, it met or beat its own guidance twice (100%). Tax rate: 2 of 2, on average -1.0 pts against the guided midpoint.
How often does T-Mobile US raise guidance?
Its earnings releases raised guidance 9 times and lowered it once since Jan 25, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.