T-Mobile US (TMUSL) Cost of Revenue (2009 - 2026)

T-Mobile US's (TMUSL) quarterly Cost of Revenue came in at $5.5 billion in Q1 2026, up 14.38% year-on-year from $4.8 billion in Q1 2025, and down 21.23% quarter-over-quarter from $7.0 billion in Q4 2025.

T-Mobile US (TMUSL) Cost of Revenue (2009 - 2026) Analysis & Trends

T-Mobile US has disclosed Cost of Revenue across 18 years of filings, most recently posting $5.5 billion for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $5.5 billion, up 14.38% year-over-year; the trailing twelve-month figure through Mar 2026 was $22.0 billion (up 96.66% YoY), and the FY2025 annual result was $21.3 billion, up 97.54% from the prior year.
  • Cost of Revenue came in at $5.5 billion for Q1 2026 at T-Mobile US, down from $7.0 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $10.0 billion in Q4 2022 to a low of -$2.0 billion in Q4 2024.
  • The 5-year median for Cost of Revenue is $4.4 billion (2024), against an average of $4.1 billion.
  • Across the five-year window, Cost of Revenue surged 655.98% in 2022 and slumped 112.65% in 2023, its largest moves.
  • T-Mobile US's Cost of Revenue stood at $10.0 billion in 2022, then plunged by 112.65% to -$1.3 billion in 2023, then slumped by 59.29% to -$2.0 billion in 2024, then surged by 444.39% to $7.0 billion in 2025, then dropped by 21.23% to $5.5 billion in 2026.
  • The last three Cost of Revenue figures came in at $5.5 billion (Q1 2026), $7.0 billion (Q4 2025), and $4.9 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 5.49 Bn
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 6.51 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 6.26 Bn
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn 682.34 Mn
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 3.36 Bn
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 1.18 Bn
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -
9 Veon 82.81 Bn 80.59 Bn - -
10 T-Mobile US - - 17.62 Bn 5.49 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.49 Bn
Mar 31, 2026 5.49 Bn
Dec 31, 2025 6.97 Bn
Dec 31, 2025 6.97 Bn
Sep 30, 2025 4.85 Bn
Sep 30, 2025 4.85 Bn
Jun 30, 2025 4.66 Bn
Jun 30, 2025 4.66 Bn
Mar 31, 2025 4.80 Bn
Mar 31, 2025 4.80 Bn
Dec 31, 2024 -2.02 Bn
Dec 31, 2024 -2.02 Bn
Sep 30, 2024 4.31 Bn
Sep 30, 2024 4.31 Bn
Jun 30, 2024 4.09 Bn
Jun 30, 2024 4.09 Bn
Mar 31, 2024 4.40 Bn
Mar 31, 2024 4.40 Bn
Dec 31, 2023 -1.27 Bn
Dec 31, 2023 -1.27 Bn