T-Mobile US stock weighs strong Q3 growth against cash targets
Published on 11/03/2026 at 17:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth and Guidance Remain Central
- T-Mobile added 274,000 postpaid accounts in the third quarter and lifted its 2026 adjusted free cash flow outlook.
- Investors will watch customer retention, promotional intensity and execution against the full-year targets.
T-Mobile US reported strong third-quarter operating growth on October 28, with postpaid account additions and average revenue per account ahead of its original expectations. The company also raised its 2026 adjusted free cash flow outlook, sharpening the focus on cash generation and execution.
Accounts Support Operating Momentum
According to the T-Mobile investor relations update, postpaid net account additions reached 274,000 in the quarter ended September 30. Total postpaid accounts rose 3 percent year over year to 35.0 million, while postpaid account churn was 1.09 percent.
Postpaid average revenue per account increased 4 percent year over year to USD 155.73. Service revenue rose 6 percent to USD 19.375 billion, and postpaid service revenue grew 9 percent to USD 16.269 billion. Net income advanced 27 percent to USD 3.455 billion, while diluted earnings per share increased 34 percent to USD 3.22.
Cash Outlook Moves Higher
Adjusted free cash flow rose 5 percent year over year to USD 5.071 billion. Management now expects adjusted free cash flow of USD 18.7 billion to USD 18.8 billion in 2026, compared with a previous range of USD 18.4 billion to USD 18.8 billion. The midpoint increased by USD 150 million.
Core adjusted EBITDA guidance moved to USD 37.35 billion to USD 37.45 billion from USD 37.1 billion to USD 37.5 billion. The outlook includes net payments related to the UScellular merger and excludes material net cash inflows from securitization. T-Mobile kept its full-year postpaid account addition outlook at approximately 1.0 million and raised its postpaid ARPA growth expectation to approximately 3.5 percent.
What Changed Since The Last Report
The stock traded at EUR 140.56 on Lang & Schwarz at 17:05 CET on Tuesday, November 3, 2026. That was 1.91 percent below the EUR 143.30 quote used in the latest relevant report published earlier on November 3.
The comparison is separate from the company's operating progress. For investors, the key test is whether account growth and higher ARPA can remain durable while promotional intensity and merger-related costs continue to shape the outlook.
Read the real-time quote of T-Mobile US stock for the latest trading level.
US communication-services shares remain sensitive to broader moves in the S&P 500.
Explore more news and analyses on T-Mobile US stock.
T-Mobile US Market Facts
- Company: T-Mobile US, Inc.
- ISIN: US8725901040
- Latest Lang & Schwarz quote: EUR 140.56 at 17:05 CET on Tuesday, November 3, 2026
- Third-quarter postpaid account additions: 274,000
- 2026 adjusted free cash flow outlook: USD 18.7 billion to USD 18.8 billion
