T-Mobile US (TMUS) Operating Expenses (2009 - 2026)
T-Mobile US (TMUS) posted Operating Expenses of $17.3 billion for Q2 2026, down 7.03% sequentially from $18.6 billion in Q1 2026, and up 8.68% YoY from $15.9 billion in Q2 2025.
T-Mobile US (TMUS) Operating Expenses (2009 - 2026) Analysis & Trends
T-Mobile US has reported Operating Expenses for 18 years, with the latest figure at $17.3 billion in Q2 2026.
- Quarterly Operating Expenses rose 8.68% year-over-year to $17.3 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $73.9 billion (up 14.35% YoY) and the FY2025 annual result came in at $70.0 billion, up 10.47% from the prior year.
- Operating Expenses fell to $17.3 billion in Q2 2026 per TMUS's latest filing, from $18.6 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $20.6 billion in Q4 2025 and troughed at $15.1 billion in Q2 2024.
- A 5-year average of $17.0 billion and a median of $17.1 billion in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses fell 18.9% in 2023, then increased 19.16% in 2025.
- Over 5 years, Operating Expenses stood at $17.5 billion in 2022, then decreased by 3.01% to $17.0 billion in 2023, then rose by 1.69% to $17.3 billion in 2024, then advanced by 19.16% to $20.6 billion in 2025, then retreated by 16.01% to $17.3 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $17.3 billion, $18.6 billion, and $20.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.80 Bn | 204.04 Bn | 27.03 Bn | 27.07 Bn |
| 2 | T-Mobile US | 197.90 Bn | 195.07 Bn | 17.74 Bn | 17.30 Bn |
| 3 | Grupo Televisa, S.A.B | 195.16 Bn | 193.45 Bn | 318.12 Mn | -11.74 Mn |
| 4 | At&T | 175.88 Bn | 158.31 Bn | 25.25 Bn | 24.52 Bn |
| 5 | Chunghwa Telecom | 33.61 Bn | 31.03 Bn | 728.80 Mn | 309.31 Mn |
| 6 | EchoStar | 25.20 Bn | 23.70 Bn | 1.65 Bn | 3.06 Bn |
| 7 | Bce | 22.12 Bn | 22.12 Bn | - | 2.51 Bn |
| 8 | Rogers Communications | 19.59 Bn | 18.35 Bn | 1.77 Bn | 152.54 Mn |
| 9 | Telefonica Brasil | 18.39 Bn | 18.39 Bn | 1.32 Bn | -191.29 Mn |
| 10 | Charter Communications | 18.08 Bn | 17.57 Bn | - | 10.46 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.30 Bn |
| Mar 31, 2026 | 18.61 Bn |
| Dec 31, 2025 | 20.60 Bn |
| Sep 30, 2025 | 17.43 Bn |
| Jun 30, 2025 | 15.92 Bn |
| Mar 31, 2025 | 16.09 Bn |
| Dec 31, 2024 | 17.29 Bn |
| Sep 30, 2024 | 15.37 Bn |
| Jun 30, 2024 | 15.14 Bn |
| Mar 31, 2024 | 15.60 Bn |
| Dec 31, 2023 | 17.00 Bn |
| Sep 30, 2023 | 15.66 Bn |
| Jun 30, 2023 | 15.40 Bn |
| Mar 31, 2023 | 16.24 Bn |
| Dec 31, 2022 | 17.53 Bn |
| Sep 30, 2022 | 18.20 Bn |
| Jun 30, 2022 | 18.99 Bn |
| Mar 31, 2022 | 18.31 Bn |
| Dec 31, 2021 | 19.72 Bn |
| Sep 30, 2021 | 18.04 Bn |