T-Mobile's Record-Breaking Q2 2025 Performance

T-Mobile US, Inc. has reported its best-ever second quarter results for 2025, showcasing significant growth in both customer base and financial performance. The company continues to lead the industry with its expansive 5G network and competitive service offerings.

Financial Highlights

For Q2 2025, T-Mobile reported a 6% year-over-year increase in service revenues, reaching $17.4 billion. Postpaid service revenues saw a 9% rise to $14.1 billion. The company's net income hit a record high of $3.2 billion, marking a 10% increase from the previous year. Diluted earnings per share (EPS) also reached a new peak at $2.84, up 14% year-over-year. Core Adjusted EBITDA grew by 6% to $8.5 billion, while net cash provided by operating activities surged by 27% to $7.0 billion. Adjusted Free Cash Flow increased by 4% to $4.6 billion.

Business and Operational Highlights

T-Mobile achieved its best-ever Q2 results in total postpaid and postpaid phone net customer additions, with 1.7 million and 830 thousand additions respectively. The company also reported 454 thousand 5G broadband net customer additions, bringing the total to 7.3 million 5G broadband customers. Total customer connections reached a record high of 132.8 million.

Strategic Initiatives and Corporate Developments

In Q2 2025, T-Mobile returned $3.5 billion to stockholders, including $2.5 billion in common stock repurchases and $996 million in cash dividends. The company also raised its full-year 2025 guidance, expecting postpaid net customer additions between 6.1 million and 6.4 million, and Core Adjusted EBITDA between $33.3 billion and $33.7 billion.

Management's Perspective

Mike Sievert, CEO of T-Mobile, stated, "T-Mobile crushed our own growth records with the best-ever total postpaid and postpaid phone nets in a Q2 in our history. T-Mobile is now America's Best Network. When you combine that with the incredible value that we have always been famous for, it should surprise no one that customers are switching to the Un-carrier at a record pace."

Future Outlook

T-Mobile has raised its 2025 guidance, reflecting the inclusion of Metronet and excluding the pending acquisition of UScellular. The company expects postpaid net customer additions to be between 6.1 million and 6.4 million, and Core Adjusted EBITDA to be between $33.3 billion and $33.7 billion. Net cash provided by operating activities is projected to be between $27.1 billion and $27.5 billion, with Adjusted Free Cash Flow expected to be between $17.6 billion and $18.0 billion.

SEC Filing: T-Mobile US, Inc. [ TMUS ] - 8-K - Jul. 23, 2025