T-Mobile US TMUS
NASDAQ TMUS
$182.33 +5.17 (+2.92%)
At close: Sep 11, 2026 · 4:00 PM EDT

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

T-Mobile US's (TMUS) quarterly Operating Expenses came in at $17.3 billion in Q2 2026, up 8.68% year-over-year from $15.9 billion in Q2 2025, and down 7.03% quarter-over-quarter from $18.6 billion in Q1 2026.

Analysis

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

T-Mobile US has disclosed Operating Expenses across 18 years of filings, most recently posting $17.3 billion for Q2 2026.

  • In Q2 2026, Operating Expenses rose 8.68% year-over-year to $17.3 billion; the TTM figure through Jun 2026 stood at $73.9 billion (up 14.35% YoY), while the FY2025 annual figure was $70.0 billion, up 10.47% from the prior year.
  • Operating Expenses came in at $17.3 billion for Q2 2026 at T-Mobile US, down from $18.6 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $20.6 billion in Q4 2025 to a low of $15.1 billion in Q2 2024.
  • Average Operating Expenses over 5 years is $17.0 billion, with a median of $17.1 billion recorded in 2023.
  • Year-over-year, Operating Expenses declined 18.9% in 2023 and grew 19.16% in 2025.
  • Over 5 years, Operating Expenses stood at $17.5 billion in 2022, then fell by 3.01% to $17.0 billion in 2023, then grew by 1.69% to $17.3 billion in 2024, then rose by 19.16% to $20.6 billion in 2025, then declined by 16.01% to $17.3 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $17.3 billion in Q2 2026, $18.6 billion in Q1 2026, and $20.6 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Verizon Communications 210.23 Bn 209.76 Bn 27.03 Bn 27.07 Bn
2 T-Mobile US 195.97 Bn 193.15 Bn 17.74 Bn 17.30 Bn
3 At&T 178.50 Bn 176.92 Bn 25.25 Bn 24.52 Bn
4 Chunghwa Telecom 34.81 Bn 32.72 Bn 728.80 Mn 309.31 Mn
5 Bce 21.79 Bn 21.68 Bn - -2.51 Bn
6 Rogers Communications 19.56 Bn 22.86 Bn 1.77 Bn 152.54 Mn
7 Telefonica Brasil 18.93 Bn 17.25 Bn 1.42 Bn -203.00 Mn
8 Millicom International Cellular 16.34 Bn 15.39 Bn - -631.00 Mn
9 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 14.80 Bn -40,057.20 Bn - -
10 Telus 14.09 Bn 13.57 Bn - 7.94 Bn
Historic Data

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