Filing Flows › T-Mobile US (TMUS) › Q2 2026 › vs Q1 2026
T-Mobile US (TMUS) Q2 2026 vs Q1 2026 (quarter over quarter)
T-Mobile US's revenue fell $316M (-1%) from $23.1B in Q1 2026 to $22.8B in Q2 2026. The biggest changes: Equipment revenues −$472M (-12%); Service +$152M (+0.8%); Other revenues +$4.0M (+1%). Operating margin 24.1% against 19.5% (+4.6 pts).
T-Mobile US, Q2 2026: revenue $22.8B (+8% year over year), operating margin 24.1%, net earnings $3.2B, operating cash flow $7.5B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 24.1% | 19.5% | +4.6 pts |
| Net margin | 14.2% | 10.8% | +3.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Postpaid revenues | $15.9B | $15.6B | $224M | +1% |
| Prepaid revenues | $2.5B | $2.5B | −$44.0M | -2% |
| Wholesale and other service revenues | $657M | $685M | −$28.0M | -4% |
| Service | $19.0B | $18.8B | $152M | +0.8% |
| Equipment revenues | $3.5B | $4.0B | −$472M | -12% |
| Other revenues | $284M | $280M | $4.0M | +1% |
| Revenue | $22.8B | $23.1B | −$316M | -1% |
| Operating profit | $5.5B | $4.5B | $993M | +22% |
| Costs & expenses | $17.3B | $18.6B | −$1.3B | -7% |
| Pre-tax earnings | $4.3B | $3.3B | $994M | +30% |
| Other expense, net | $1.2B | $1.2B | −$1.0M | -0.1% |
| SG&A | $5.8B | $6.0B | −$132M | -2% |
| Other operating costs | $11.5B | $12.6B | −$1.2B | -9% |
| Net earnings | $3.2B | $2.5B | $735M | +29% |
| Income tax | $1.1B | $830M | $259M | +31% |
| Depreciation & amortization | $3.4B | $3.8B | −$383M | -10% |
| Share-based compensation | $214M | $209M | $5.0M | +2% |
| Working capital & other | $613M | $692M | −$79.0M | -11% |
| Operating cash flow | $7.5B | $7.2B | $278M | +4% |
Questions
How much did T-Mobile US's revenue grow quarter over quarter in Q2 2026?
T-Mobile US's revenue fell $316M (-1%) from $23.1B in Q1 2026 to $22.8B in Q2 2026.
What drove T-Mobile US's revenue change in Q2 2026?
Equipment revenues −$472M (-12%); Service +$152M (+0.8%); Other revenues +$4.0M (+1%).