T-Mobile US (TMUS) Earnings Analysis

T-Mobile US (TMUS) delivered mixed results in Q2 FY2026 on revenue of $22.8B versus the $22.9B estimate (+7.9% YoY) and EPS of $2.99. The next T-Mobile US (TMUS) earnings date is Oct 22, 2026. Below is the full T-Mobile US earnings breakdown — the risk-adjusted verdict, price forecast, technicals, options and hedge-fund 13F holdings, decoded in plain English.

T-Mobile US (TMUS) Earnings Analysis — key stats

Next earnings dateOct 22, 2026
Latest reported quarterQ2 FY2026
Earnings verdictMixed
EPS beat rate7 of last 8 (quarters above estimate)
Avg next-day move±6.9% (over the last 8 reports)
Post-earnings directionUp 5 / Down 3 (of the last 8 reports)
Implied move (next report)±25.6% (options-derived · into Oct 22, 2026)
Institutional ownership28.0% (13F as of 2026-06-30)
Top 10 holders19.1% (of shares outstanding)
Insider activity9 buys / 2 sells (recent Form 4 filings)
Revenue$22.8B (vs $22.9B est · -0.7% surprise · +7.9% YoY)
EPS$2.99 (vs $2.59 est · +15.4% surprise · +5.3% YoY)
Share price$182.61 (-0.4%)
Market cap$195.9B

T-Mobile US (TMUS) Earnings Analysis — beat / miss history

QuarterRevenueEPSEPS surpriseNext-day moveVerdict
Q3 FY2026$22.8B vs $22.9B est$2.99 vs $2.59 est+15.4%-5.7%Mixed
Q2 FY2026$23.1B vs $23.0B est$2.27 vs $2.01 est+12.9%+8.4%Mixed
Q1 FY2026$24.3B vs $24.2B est$1.88 vs $2.05 est-8.3%+7.6%Mixed
Q4 FY2025$22.0B vs $21.9B est$2.59 vs $2.40 est+7.9%-4.2%Mixed
Q3 FY2025$21.1B vs $21.0B est$2.84 vs $2.67 est+6.4%+6.1%Mixed
Q2 FY2025$20.9B vs $20.6B est$2.58 vs $2.47 est+4.5%-10.2%Mixed
Q1 FY2025$21.9B vs $21.3B est$2.57 vs $2.29 est+12.2%+6.0%Beat
Q4 FY2024$20.2B vs $20.0B est$2.61 vs $2.42 est+7.9%+6.6%Mixed

Top institutional holders

Holder% outstandingSharesValueQoQ change
Blackrock, INC.3.6%39.5M$6.6B+1.0%
Invesco Ltd.2.9%31.9M$5.3B+37.9%
Vanguard Capital Management LLC2.7%29.4M$4.9B-1.2%
Price T Rowe Associates INC /Md/2.3%25.5M$4.3B-10.6%
State Street Corp2.3%25.0M$4.2B+5.5%
Morgan Stanley1.3%14.5M$2.4B+0.9%
Geode Capital Management, LLC1.2%12.8M$2.1B+2.6%
Goldman Sachs Group INC1.1%11.8M$2.0B+88.3%
Undisclosed filer0.9%10.4M$1.7B+4.3%
Softbank Group Corp.0.9%10.0M$1.7B+0.0%

Recent insider transactions

InsiderRoleDateTypeSharesValue
Sambar Christopherofficer: Chief Enterprise Officer2026-08-01Buy41K
Sambar Christopherofficer: Chief Enterprise Officer2026-08-01Other0
CLAURE RAUL MARCELOdirector2026-06-16Buy1K
Datar Srikant M.director2026-06-16Buy1K
KAVANAUGH JAMES Jdirector2026-06-16Buy1K
Taylor Teresadirector2026-06-16Buy1K
Dannenfeldt Thomasdirector2026-06-16Buy1K
Long Letitia Adirector2026-06-16Buy272

What you'll find

Frequently asked questions

When is T-Mobile US's next earnings date?
T-Mobile US's (TMUS) next scheduled earnings date is Oct 22, 2026. Magnisto shows the confirmed date, the options-implied expected move and the revenue and EPS estimates Wall Street is modeling into the report.
Did T-Mobile US (TMUS) beat or miss earnings?
In Q2 FY2026, T-Mobile US (TMUS) posted mixed results — revenue of $22.8B versus the $22.9B estimate (-0.7% surprise) and EPS of $2.99 versus $2.59 expected (+15.4% surprise). Magnisto decodes every T-Mobile US (TMUS) report into a clear Beat, Miss, In-line or Mixed verdict and checks whether guidance was raised, held or cut.
How often does T-Mobile US beat earnings estimates?
Over its last 8 reported quarters, T-Mobile US (TMUS) beat Wall Street EPS estimates 7 times, most recently a mixed result in Q3 FY2026. Magnisto tracks every T-Mobile US (TMUS) quarter's revenue and EPS versus consensus and grades each one Beat, Miss, In-line or Mixed at a unified ±2% threshold.
How much does T-Mobile US stock move after earnings?
Over its last 8 quarterly reports, T-Mobile US (TMUS) moved an average of ±6.9% the day after earnings — ranging from -10.2% (Q2 FY2025) to +8.4% (Q2 FY2026). The stock rose after 5 of those 8 reports and fell after 3. Heading into its next report on Oct 22, 2026, options-implied volatility is pricing in a move of roughly ±25.6% (derived). Magnisto tracks the realized post-earnings move for every T-Mobile US (TMUS) quarter alongside the beat/miss verdict — past moves don't predict the next one.
Who are the largest shareholders of T-Mobile US?
Institutions hold about 28.0% of T-Mobile US's (TMUS) shares outstanding as of the 2026-06-30 13F quarter. Its largest institutional holders include Blackrock, INC. (3.6%), Invesco Ltd. (2.9%), Vanguard Capital Management LLC (2.7%). Magnisto lists T-Mobile US's (TMUS) top 13F holders with each stake size and its quarter-over-quarter change.
Are insiders buying or selling T-Mobile US (TMUS)?
In the most recent Form 4 filings Magnisto tracks, T-Mobile US (TMUS) insiders recorded 9 purchases and 2 sales — net buying. Insider transactions are one signal among many and are often routine (option exercises or scheduled 10b5-1 sales), so Magnisto shows the raw feed for you to judge.
What is the forecast for T-Mobile US (TMUS) stock?
Magnisto blends analyst price targets, quantitative research, technical trend and options-implied moves into a scenario range for T-Mobile US (TMUS), anchored to the current $182.61 share price, so you can weigh the bull, base and bear cases for T-Mobile US side by side.
Is T-Mobile US (TMUS) a buy right now?
Magnisto does not give buy or sell tips. It gives you the institutional-grade evidence — the verdict, valuation, risks, technicals and hedge-fund 13F flows — so you can decide whether T-Mobile US fits your own thesis and risk profile. This is research, not investment advice.

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Educational research, not investment advice. Figures are illustrative and may be delayed.