T-Mobile (NASDAQ: TMUS) reported Q1 EPS of $2.58, $0.11 better than the analyst estimate of $2.47. Revenue for the quarter came in at $20.89 billion versus the consensus estimate of $20.68 billion.

Raising 2025 Financial Guidance

T-Mobile’s 2025 guidance below excludes pending acquisitions of UScellular and Metronet, and includes the incorporation of Vistar Media, Blis and Lumos:

Postpaid net customer additions are expected to be between 5.5 million and 6.0 million, maintaining its highest-ever guidance at this point in the year.
Core Adjusted EBITDA, which is Adjusted EBITDA less lease revenues, is expected to be between $33.2 billion and $33.7 billion, an increase from prior guidance of $33.1 billion to $33.6 billion.
Net cash provided by operating activities, including payments for Sprint Merger-related costs, is expected to be between $27.0 billion and $27.5 billion, an increase at the midpoint from prior guidance of $26.8 billion to $27.5 billion.
Cash purchases of property and equipment, including capitalized interest, are expected to be approximately $9.5 billion, unchanged from prior guidance.
Adjusted Free Cash Flow, including payments for Sprint Merger-related costs, is expected to be between $17.5 billion and $18.0 billion, an increase at the midpoint from prior guidance of $17.3 billion to $18.0 billion. Adjusted Free Cash Flow guidance does not assume any material net cash inflows from securitization.

For earnings history and earnings-related data on T-Mobile (TMUS) click here.