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

T-Mobile US (TMUS) posted quarterly Operating Expenses of $17.3 billion for Q2 2026, up 8.68% year-on-year from $15.9 billion in Q2 2025, and down 7.03% on a QoQ basis from $18.6 billion in Q1 2026.

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

T-Mobile US (TMUS) has reported Operating Expenses for 18 consecutive years, with $17.3 billion the latest figure, recorded 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 eased to $17.3 billion in Q2 2026 per TMUS's latest filing, from $18.6 billion in the prior quarter.
  • Over the last five years, Operating Expenses for TMUS reached as high as $20.6 billion in Q4 2025 and fell as low as $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.
  • Annual changes were most pronounced in 2023 — Operating Expenses decreased 18.9% — and 2025, when it gained 19.16%.
  • Year by year, Operating Expenses stood at $17.5 billion in 2022, then declined by 3.01% to $17.0 billion in 2023, then climbed by 1.69% to $17.3 billion in 2024, then increased by 19.16% to $20.6 billion in 2025, then dropped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 America Movil Sab De Cv 1,543.97 Bn 1,543.97 Bn 7.08 Bn 8.32 Bn
2 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,427.96 Bn -8,564.04 Bn - -
3 Grupo Televisa, S.A.B 958.85 Bn 957.15 Bn 317.18 Mn -114.72 Mn
4 Chunghwa Telecom 334.17 Bn 331.99 Bn 719.92 Mn 305.28 Mn
5 Verizon Communications 198.41 Bn 190.05 Bn 29.14 Bn 26.20 Bn
6 T-Mobile US 192.12 Bn 189.29 Bn 17.74 Bn 17.30 Bn
7 At&T 169.04 Bn 151.47 Bn 25.25 Bn 24.52 Bn
8 Veon 90.84 Bn 90.84 Bn - -683.00 Mn
9 Tim 50.18 Bn 50.03 Bn 677.20 Mn -389.44 Mn
10 Telefonica Brasil 45.44 Bn 43.70 Bn 1.32 Bn -191.29 Mn

Historic Data

Download Data
DateValue
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