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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |