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
DateValue
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%