T-Mobile US (TMUS) Operating Expenses (2009 - 2026)

T-Mobile US (TMUS) posted Operating Expenses of $18.6 billion for Q1 2026, down 9.65% sequentially from $20.6 billion in Q4 2025, and up 15.69% YoY from $16.1 billion in Q1 2025.

T-Mobile US (TMUS) Operating Expenses (2009 - 2026) Analysis & Trends

T-Mobile US (TMUS) has 18 years of Operating Expenses data on file, last reported at $18.6 billion in Q1 2026.

  • Quarterly Operating Expenses rose 15.69% year-over-year to $18.6 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $72.6 billion (up 13.58% YoY) and the FY2025 annual result came in at $70.0 billion, up 10.47% from the prior year.
  • Operating Expenses fell to $18.6 billion in Q1 2026 per TMUS's latest filing, from $20.6 billion in the prior quarter.
  • The five-year high for Operating Expenses was $20.6 billion in Q4 2025, with the low at $15.1 billion in Q2 2024.
  • Average Operating Expenses over 5 years is $17.0 billion, with a median of $17.0 billion recorded in 2023.
  • Year-over-year, Operating Expenses decreased 18.9% in 2023 and gained 19.16% in 2025.
  • T-Mobile US's Operating Expenses stood at $17.5 billion in 2022, then slipped by 3.01% to $17.0 billion in 2023, then gained by 1.69% to $17.3 billion in 2024, then climbed by 19.16% to $20.6 billion in 2025, then retreated by 9.65% to $18.6 billion in 2026.
  • Business Quant data shows TMUS's Operating Expenses at $18.6 billion in Q1 2026, $20.6 billion in Q4 2025, and $17.4 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 18.61 Bn
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 26.20 Bn
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 24.85 Bn
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 10.39 Bn
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -650.00 Mn
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 61.89 Mn
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -22.56 Mn
10 Lumen Technologies 7.15 Bn 5.53 Bn 1.46 Bn 2.30 Bn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 17.84 Bn