T-Mobile US (TMUS) Gross Margin (2009 - 2026)

T-Mobile US's (TMUS) quarterly Gross Margin came in at 76.25% in Q1 2026, down 78.0% year-on-year from 346.59% in Q1 2025, and up 6.84% quarter-over-quarter from 71.37% in Q4 2025.

T-Mobile US (TMUS) Gross Margin (2009 - 2026) Analysis & Trends

T-Mobile US has disclosed Gross Margin across 18 years of filings, most recently posting 76.25% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 76.25%, down 78.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 75.74% (down 1076.0% YoY), and the FY2025 annual result was 75.91%, down 1086.0% from the prior year.
  • Gross Margin came in at 76.25% for Q1 2026 at T-Mobile US, up from 71.37% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 109.25% in Q4 2024 to a low of 50.47% in Q4 2022.
  • The 5-year median for Gross Margin is 77.95% (2025), against an average of 80.29%.
  • Across the five-year window, Gross Margin tumbled 5822 bps in 2022 and surged 5573 bps in 2023, its largest moves.
  • T-Mobile US's Gross Margin stood at 50.47% in 2022, then soared by 110 bps to 106.2% in 2023, then advanced by 3 bps to 109.25% in 2024, then sank by 35 bps to 71.37% in 2025, then gained by 7 bps to 76.25% in 2026.
  • The last three Gross Margin figures came in at 76.25% (Q1 2026), 71.37% (Q4 2025), and 77.9% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 76.25%
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 81.11%
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 80.13%
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn 44.91%
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 75.12%
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 37.92%
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -
9 Veon 82.81 Bn 80.59 Bn - -
10 EchoStar 33.61 Bn 33.48 Bn 3.13 Bn 85.36%

Historic Data

Download Data
DateValue
Mar 31, 2026 76.25%
Dec 31, 2025 71.37%
Sep 30, 2025 77.90%
Jun 30, 2025 77.95%
Mar 31, 2025 77.03%
Dec 31, 2024 109.25%
Sep 30, 2024 78.64%
Jun 30, 2024 79.32%
Mar 31, 2024 77.55%
Dec 31, 2023 106.20%
Sep 30, 2023 85.01%
Jun 30, 2023 84.81%
Mar 31, 2023 76.63%
Dec 31, 2022 50.47%
Sep 30, 2022 80.94%
Jun 30, 2022 74.07%
Mar 31, 2022 81.48%
Dec 31, 2021 108.69%
Sep 30, 2021 73.78%
Jun 30, 2021 72.67%