T-Mobile US (TMUS) Net Margin (2009 - 2026)
T-Mobile US's (TMUS) quarterly Net Margin came in at 14.43% in Q2 2026, down 104.0% year-over-year from 360.78% in Q2 2025, and up 30.56% quarter-over-quarter from 11.05% in Q1 2026.
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T-Mobile US (TMUS) Net Margin (2009 - 2026) Analysis & Trends
T-Mobile US has disclosed Net Margin across 18 years of filings, most recently posting 14.43% for Q2 2026.
- In Q2 2026, Net Margin fell 104.0% year-over-year to 14.43%; the TTM figure through Jun 2026 stood at 11.67% (down 308.0% YoY), while the FY2025 annual figure was 12.66%, down 148.0% from the prior year.
- Net Margin came in at 14.43% for Q2 2026 at T-Mobile US, up from 11.05% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 15.47% in Q2 2025 to a low of 0.36% in Q2 2022.
- Average Net Margin over 5 years is 10.57%, with a median of 11.56% recorded in 2023.
- Year-over-year, Net Margin slumped 543 bps in 2022 and soared 1214 bps in 2023.
- Over 5 years, Net Margin stood at 7.47% in 2022, then surged by 34 bps to 10.04% in 2023, then jumped by 38 bps to 13.84% in 2024, then tumbled by 36 bps to 8.84% in 2025, then jumped by 63 bps to 14.43% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 14.43% in Q2 2026, 11.05% in Q1 2026, and 8.84% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 208.34 Bn | 206.59 Bn | 27.03 Bn | 11.53% |
| 2 | T-Mobile US | 190.13 Bn | 187.31 Bn | 17.74 Bn | 14.43% |
| 3 | At&T | 177.27 Bn | 159.70 Bn | 25.25 Bn | 14.55% |
| 4 | Chunghwa Telecom | 34.48 Bn | 31.90 Bn | 728.80 Mn | 18.36% |
| 5 | Rogers Communications | 20.60 Bn | 23.90 Bn | 1.77 Bn | -12.93% |
| 6 | Telefonica Brasil | 19.09 Bn | 17.40 Bn | 1.42 Bn | 9.98% |
| 7 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 14.80 Bn | -56,572.20 Bn | - | - |
| 8 | Bce | 14.36 Bn | 14.24 Bn | - | 9.03% |
| 9 | Telus | 14.05 Bn | 12.95 Bn | - | -18.51% |
| 10 | Kt | 9.52 Bn | 10.97 Bn | - | 1.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.43% |
| Mar 31, 2026 | 11.05% |
| Dec 31, 2025 | 8.84% |
| Sep 30, 2025 | 12.58% |
| Jun 30, 2025 | 15.47% |
| Mar 31, 2025 | 14.36% |
| Dec 31, 2024 | 13.84% |
| Sep 30, 2024 | 15.39% |
| Jun 30, 2024 | 15.01% |
| Mar 31, 2024 | 12.34% |
| Dec 31, 2023 | 10.04% |
| Sep 30, 2023 | 11.34% |
| Jun 30, 2023 | 11.78% |
| Mar 31, 2023 | 10.09% |
| Dec 31, 2022 | 7.47% |
| Sep 30, 2022 | 2.81% |
| Jun 30, 2022 | -0.36% |
| Mar 31, 2022 | 3.73% |
| Dec 31, 2021 | 2.21% |
| Sep 30, 2021 | 3.70% |