Filing Flows › T-Mobile US (TMUS) › Q2 2026
T-Mobile US (TMUS) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 23, 2026
T-Mobile US (TMUS) reported revenue of $22.8B for the second quarter 2026 (Q2 2026), +8% from a year earlier and -1% from the quarter before. Operating margin was 24.1%, net earnings $3.2B (14.2% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.8B | -1% | +8% |
| Operating profit | $5.5B | +22% | +5% |
| Net earnings | $3.2B | +29% | +0.5% |
| Operating cash flow | $7.5B | +4% | +7% |
| Free cash flow | $4.8B | — | +4% |
What changed
Revenue was $22.8B in Q2 2026, up 8% year over year and down 1% from the previous quarter. Postpaid revenues was the largest line at 70% of revenue. Postpaid revenues added $1.8B year over year (up 13%), 107% of the total change. Wholesale and other service revenues declined 8%.
Operating profit was $5.5B, a 24.1% margin (down 0.6 points year over year). Of the extra revenue versus Q2 2025, 17% reached operating profit, below the 25% margin then. Total costs grew 9% against revenue growth of 8%. Net earnings were $3.2B, up 1% year over year. The effective tax rate was 25.2%.
Operating cash flow was $7.5B (up 7% year over year), 232% of net earnings. Non-cash charges added back $3.4B of depreciation and amortization and $0.21B of share-based compensation. Working capital and other items added $0.61B. After cash purchases of property and equipment, including capitalized interest ($2.7B), adjusted free cash flow as the company reports it was $4.8B.
Questions
What was T-Mobile US' revenue in the second quarter 2026?
T-Mobile US (TMUS) reported revenue of $22.8B for the second quarter 2026 (Q2 2026), +8% from a year earlier and -1% from the quarter before.
Was T-Mobile US profitable in the second quarter 2026?
Operating profit was $5.5B (24.1% of revenue) and net earnings $3.2B.
Source: T-Mobile US 10-Q on SEC EDGAR.