T-Mobile US (TMUSL) Net Margin (2009 - 2026)
T-Mobile US's (TMUSL) quarterly Net Margin came in at 10.84% in Q1 2026, down 330.0% year-on-year from 4.71% in Q1 2025, and up 25.39% quarter-over-quarter from 8.64% in Q4 2025.
T-Mobile US (TMUSL) Net Margin (2009 - 2026) Analysis & Trends
T-Mobile US has disclosed Net Margin across 18 years of filings, most recently posting 10.84% for Q1 2026.
- Net Margin for Q1 2026 came in at 10.84%, down 330.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.65% (down 277.0% YoY), and the FY2025 annual result was 12.45%, down 148.0% from the prior year.
- Net Margin came in at 10.84% for Q1 2026 at T-Mobile US, up from 8.64% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 15.25% in Q2 2025 to a low of 0.55% in Q2 2022.
- The 5-year median for Net Margin is 11.13% (2023), against an average of 10.13%.
- Across the five-year window, Net Margin surged 1212 bps in 2023 and plunged 499 bps in 2025, its largest moves.
- T-Mobile US's Net Margin stood at 7.29% in 2022, then soared by 35 bps to 9.83% in 2023, then jumped by 39 bps to 13.63% in 2024, then tumbled by 37 bps to 8.64% in 2025, then grew by 25 bps to 10.84% in 2026.
- The last three Net Margin figures came in at 10.84% (Q1 2026), 8.64% (Q4 2025), and 12.36% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | 9.99% |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 10.84% |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 14.94% |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 12.04% |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 8.16% |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 16.57% |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 0.00% |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | 5.49% |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | 8.24% |
| 10 | T-Mobile US | - | - | 17.62 Bn | 10.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.84% |
| Dec 31, 2025 | 8.64% |
| Sep 30, 2025 | 12.36% |
| Jun 30, 2025 | 15.25% |
| Mar 31, 2025 | 14.14% |
| Dec 31, 2024 | 13.63% |
| Sep 30, 2024 | 15.17% |
| Jun 30, 2024 | 14.79% |
| Mar 31, 2024 | 12.12% |
| Dec 31, 2023 | 9.83% |
| Sep 30, 2023 | 11.13% |
| Jun 30, 2023 | 11.57% |
| Mar 31, 2023 | 9.88% |
| Dec 31, 2022 | 7.29% |
| Sep 30, 2022 | 2.61% |
| Jun 30, 2022 | -0.55% |
| Mar 31, 2022 | 3.54% |
| Mar 31, 2021 | 4.72% |
| Jun 30, 2020 | 1.81% |
| Dec 31, 2019 | 6.32% |