Filing Flows › T-Mobile US (TMUS) › Q2 2026 › vs Q2 2025
T-Mobile US (TMUS) Q2 2026 vs Q2 2025 (year over year)
T-Mobile US's revenue rose $1.7B (+8%) from $21.1B in Q2 2025 to $22.8B in Q2 2026. The biggest changes: Service +$1.5B (+9%); Equipment revenues +$85.0M (+2%); Other revenues +$29.0M (+11%). Operating margin 24.1% against 24.7% (-0.6 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 24.1% | 24.7% | -0.6 pts |
| Net margin | 14.2% | 15.2% | -1.0 pts |
| Free cash flow margin | 21.0% | 21.7% | -0.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Postpaid revenues | $15.9B | $14.1B | $1.8B | +13% |
| Prepaid revenues | $2.5B | $2.6B | −$170M | -6% |
| Wholesale and other service revenues | $657M | $717M | −$60.0M | -8% |
| Service | $19.0B | $17.4B | $1.5B | +9% |
| Equipment revenues | $3.5B | $3.4B | $85.0M | +2% |
| Other revenues | $284M | $255M | $29.0M | +11% |
| Revenue | $22.8B | $21.1B | $1.7B | +8% |
| Operating profit | $5.5B | $5.2B | $277M | +5% |
| Costs & expenses | $17.3B | $15.9B | $1.4B | +9% |
| Pre-tax earnings | $4.3B | $4.3B | $48.0M | +1% |
| Other expense, net | $1.2B | $933M | $229M | +25% |
| SG&A | $5.8B | $5.4B | $437M | +8% |
| Other operating costs | $11.5B | $10.5B | $945M | +9% |
| Net earnings | $3.2B | $3.2B | $17.0M | +0.5% |
| Income tax | $1.1B | $1.1B | $31.0M | +3% |
| Depreciation & amortization | $3.4B | $3.1B | $288M | +9% |
| Share-based compensation | $214M | $200M | $14.0M | +7% |
| Working capital & other | $613M | $424M | $189M | +45% |
| Operating cash flow | $7.5B | $7.0B | $508M | +7% |
| Adjusted Free Cash Flow (company-reported) | $4.8B | $4.6B | $201M | +4% |
| Cash purchases of property and equipment, including capitalized interest | $2.7B | $2.4B | $307M | +13% |
Questions
How much did T-Mobile US's revenue grow year over year in Q2 2026?
T-Mobile US's revenue rose $1.7B (+8%) from $21.1B in Q2 2025 to $22.8B in Q2 2026.
What drove T-Mobile US's revenue change in Q2 2026?
Service +$1.5B (+9%); Equipment revenues +$85.0M (+2%); Other revenues +$29.0M (+11%).