T-Mobile US TMUS
NASDAQ TMUS
$182.33 +5.17 (+2.92%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

T-Mobile US's (TMUS) quarterly Gross Margin came in at 77.82% in Q2 2026, down 13.0% year-over-year from 89.45% in Q2 2025, and up 2.06% quarter-over-quarter from 76.25% in Q1 2026.

Analysis

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 77.82% for Q2 2026.

  • In Q2 2026, Gross Margin fell 13.0% year-over-year to 77.82%; the TTM figure through Jun 2026 stood at 75.74% (down 64.0% YoY), while the FY2025 annual figure was 75.91%, down 90.0% from the prior year.
  • Gross Margin came in at 77.82% for Q2 2026 at T-Mobile US, up from 76.25% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 79.32% in Q2 2024 to a low of 70.45% in Q1 2022.
  • Average Gross Margin over 5 years is 75.76%, with a median of 76.83% recorded in 2023.
  • The largest YoY upside for Gross Margin was 620 bps in 2022 against a maximum downside of 353 bps in 2022.
  • Over 5 years, Gross Margin stood at 72.85% in 2022, then dropped by 0 bps to 72.61% in 2023, then dropped by 1 bps to 72.17% in 2024, then slipped by 1 bps to 71.37% in 2025, then climbed by 9 bps to 77.82% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 77.82% in Q2 2026, 76.25% in Q1 2026, and 71.37% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Verizon Communications 210.23 Bn 209.76 Bn 27.03 Bn 78.91%
2 T-Mobile US 195.97 Bn 193.15 Bn 17.74 Bn 77.82%
3 At&T 178.50 Bn 176.92 Bn 25.25 Bn 80.02%
4 Chunghwa Telecom 34.81 Bn 32.72 Bn 728.80 Mn 37.54%
5 Bce 21.79 Bn 21.68 Bn - -
6 Rogers Communications 19.56 Bn 22.86 Bn 1.77 Bn 43.49%
7 Telefonica Brasil 18.93 Bn 17.25 Bn 1.42 Bn 45.54%
8 Millicom International Cellular 16.34 Bn 15.39 Bn - -
9 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 14.80 Bn -40,057.20 Bn - -
10 Telus 14.09 Bn 13.57 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 77.82%
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 72.17%
Sep 30, 2024 78.64%
Jun 30, 2024 79.32%
Mar 31, 2024 77.55%
Dec 31, 2023 72.61%
Sep 30, 2023 77.93%
Jun 30, 2023 78.70%
Mar 31, 2023 76.63%
Dec 31, 2022 72.85%
Sep 30, 2022 74.42%
Jun 30, 2022 74.07%
Mar 31, 2022 70.45%
Dec 31, 2021 66.65%
Sep 30, 2021 73.78%