T-Mobile US Q4 2025 Earnings Analysis Titelbild

T-Mobile US Q4 2025 Earnings Analysis

T-Mobile US Q4 2025 Earnings Analysis

Jetzt kostenlos hören, ohne Abo

Details anzeigen

Über diesen Titel

 **BETA FINCH PODCAST SCRIPT**

---

**ALEX:** Welcome to Beta Finch, your AI-powered earnings breakdown! I'm Alex, and I'm joined by my co-host Jordan. Today we're diving into T-Mobile's Q4 2025 earnings call, which was quite the spectacle - they held it as a special event halfway through their capital markets day cycle.

Before we jump in, I need to share an important disclaimer: This podcast is AI-generated content for educational and entertainment purposes only. Nothing we discuss should be considered investment advice. Always do your own research and consult a qualified financial advisor before making any investment decisions.

**JORDAN:** Thanks Alex. And what a call this was! New CEO Srini Gopalan really came out swinging, didn't he? Let's start with the headline numbers because they were impressive across the board.

**ALEX:** Absolutely. T-Mobile delivered 261,000 postpaid net account additions in Q4 - and here's the kicker, Jordan - that's 10 times what their nearest competitor who reports this metric delivered. They're not just winning, they're dominating.

**JORDAN:** That account growth is driving real value creation too. They posted 2.7% year-over-year growth in postpaid ARPA - that's Average Revenue Per Account, which is becoming their key metric going forward. More on that shift in a moment. But this translated to service revenue up 10% year-over-year on a reported basis, 5% organically.

**ALEX:** And here's what I love - they converted 25% of that service revenue into free cash flow for the full year. That's an industry-leading conversion rate that really shows the structural advantages of their business model.

**JORDAN:** Now, one of the biggest announcements was their guidance raise. They're now expecting about $77 billion in service revenue for 2026 - that's 8% growth including M&A, or 6% organic growth, which is actually an acceleration from 2025. For 2027, they're guiding to $80.5-81.5 billion, representing 5% growth with about 5% organic.

**ALEX:** What's driving this confidence? Well, Gopalan spent a lot of time talking about T-Mobile's "widening differentiation" - they claim to offer the best network, best value, and best experience with no trade-offs. And the proof is in their Net Promoter Score, which has really opened up a gap versus competitors over the last three years.

**JORDAN:** That NPS story is compelling, Alex. They showed this chart where back in 2023, they were basically neck-and-neck with competitors, but now they've clearly broken away from the pack. And network perception is shifting too - 26% of network switchers now see T-Mobile as having the best network, up from just 12.5% in 2020.

**ALEX:** Speaking of networks, they made some bold claims about being the undisputed 5G leader and even introduced live translation built directly into their network core using AI. Pretty cool stuff, though we should note they love to talk about being first to market with various technologies.

**JORDAN:** The broadband story is getting more interesting too. They raised their target to 15 million FWA customers by 2030, up from 12 million previously, plus they expect 3-4 million fiber customers. That would give them 18-19 million total broadband customers by 2030 - essentially building a massive business from scratch in just seven years.

**ALEX:** Now here's a significant change that caught my attention - they're dropping subscriber-level reporting and focusing exclusively on postpaid accounts and ARPA going forward. CFO Peter Osvaldik said this better aligns with how customers actually buy - as families and businesses, not individual lines.

**JORDAN:** That's a strategic shift that makes sense when you think about it. Over 90% of their postpaid lines are on multi-line accounts anyway. But it also means we'll have less granular data to work with as analysts and investors.

**ALEX:** Let's talk about capital allocation because this was a big theme. They announced they're doubling their Q1 share buyba

This episode includes AI-generated content.
Noch keine Rezensionen vorhanden