T-Mobile US (TMUS) Gross Margin (2009 - 2026)
T-Mobile US (TMUS) posted Gross Margin of 77.82% for Q2 2026, up 2.06% sequentially from 76.25% in Q1 2026, and down 13.0% YoY from 89.45% in Q2 2025.
T-Mobile US (TMUS) Gross Margin (2009 - 2026) Analysis & Trends
T-Mobile US has reported Gross Margin for 18 years, with the latest figure at 77.82% 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 rose to 77.82% in Q2 2026 per TMUS's latest filing, from 76.25% in the prior quarter.
- Over five years, Gross Margin peaked at 79.32% in Q2 2024 and troughed at 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 widest YoY moves for Gross Margin: up 620 bps in 2022, down 353 bps in 2022.
- Over 5 years, Gross Margin stood at 72.85% in 2022, then fell by 0 bps to 72.61% in 2023, then fell by 1 bps to 72.17% in 2024, then declined by 1 bps to 71.37% in 2025, then increased 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | 77.82% |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | 38.75% |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | 80.02% |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | 37.54% |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | 46.08% |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | - |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | 43.49% |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | 44.91% |
| 10 | Charter Communications | 18.08 Bn | 17.57 Bn | - | - |
Historic Data
Download 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% |