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

T-Mobile US (TMUS) posted quarterly Gross Margin of 77.82% for Q2 2026, down 13.0% year-on-year from 89.45% in Q2 2025, and up 2.06% on a QoQ basis from 76.25% in Q1 2026.

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

T-Mobile US (TMUS) has reported Gross Margin for 18 consecutive years, with 77.82% the latest figure, recorded in Q2 2026.

  • Quarterly Gross Margin fell 13.0% year-over-year to 77.82% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 75.74% (down 64.0% YoY) and the FY2025 annual result came in at 75.91%, down 90.0% from the prior year.
  • Gross Margin climbed to 77.82% in Q2 2026 per TMUS's latest filing, from 76.25% in the prior quarter.
  • Over the last five years, Gross Margin for TMUS reached as high as 79.32% in Q2 2024 and fell as low as 70.45% in Q1 2022.
  • A 5-year average of 75.76% and a median of 76.83% in 2023 frame the typical range for Gross Margin.
  • The largest YoY upside for Gross Margin was 620 bps in 2022 against a maximum downside of 353 bps in 2022.
  • Year by year, Gross Margin stood at 72.85% in 2022, then slipped by 0 bps to 72.61% in 2023, then slipped by 1 bps to 72.17% in 2024, then decreased by 1 bps to 71.37% in 2025, then advanced by 9 bps to 77.82% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 77.82%, 76.25%, and 71.37% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 America Movil Sab De Cv 1,543.97 Bn 1,543.97 Bn 7.08 Bn 51.30%
2 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,427.96 Bn -8,564.04 Bn - -
3 Grupo Televisa, S.A.B 958.85 Bn 957.15 Bn 317.18 Mn 38.75%
4 Chunghwa Telecom 334.17 Bn 331.99 Bn 719.92 Mn 37.92%
5 Verizon Communications 198.41 Bn 190.05 Bn 29.14 Bn 84.60%
6 T-Mobile US 192.12 Bn 189.29 Bn 17.74 Bn 77.82%
7 At&T 169.04 Bn 151.47 Bn 25.25 Bn 80.02%
8 Veon 90.84 Bn 90.84 Bn - -
9 Tim 50.18 Bn 50.03 Bn 677.20 Mn 52.37%
10 Telefonica Brasil 45.44 Bn 43.70 Bn 1.32 Bn 44.91%

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%