T-Mobile US (TMUSZ) Gross Margin (2009 - 2026)
T-Mobile US's (TMUSZ) quarterly Gross Margin came in at 76.25% in Q1 2026, down 78.0% year-on-year from 346.59% in Q1 2025, and up 6.84% quarter-over-quarter from 71.37% in Q4 2025.
T-Mobile US (TMUSZ) Gross Margin (2009 - 2026) Analysis & Trends
T-Mobile US has disclosed Gross Margin across 18 years of filings, most recently posting 76.25% for Q1 2026.
- Gross Margin for Q1 2026 came in at 76.25%, down 78.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 75.74% (down 1076.0% YoY), and the FY2025 annual result was 75.91%, down 1086.0% from the prior year.
- Gross Margin came in at 76.25% for Q1 2026 at T-Mobile US, up from 71.37% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 109.25% in Q4 2024 to a low of 50.47% in Q4 2022.
- The 5-year median for Gross Margin is 77.95% (2025), against an average of 80.29%.
- Across the five-year window, Gross Margin tumbled 5822 bps in 2022 and surged 5573 bps in 2023, its largest moves.
- T-Mobile US's Gross Margin stood at 50.47% in 2022, then soared by 110 bps to 106.2% in 2023, then advanced by 3 bps to 109.25% in 2024, then sank by 35 bps to 71.37% in 2025, then gained by 7 bps to 76.25% in 2026.
- The last three Gross Margin figures came in at 76.25% (Q1 2026), 71.37% (Q4 2025), and 77.9% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | - |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 76.25% |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 81.11% |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 80.13% |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | 44.91% |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 75.12% |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 37.92% |
| 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 | 76.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 76.25% |
| Dec 31, 2025 | 71.37% |
| Sep 30, 2025 | 77.90% |
| Jun 30, 2025 | 77.95% |
| Mar 31, 2025 | 77.03% |
| Dec 31, 2024 | 109.25% |
| Sep 30, 2024 | 78.64% |
| Jun 30, 2024 | 79.32% |
| Mar 31, 2024 | 77.55% |
| Dec 31, 2023 | 106.20% |
| Sep 30, 2023 | 85.01% |
| Jun 30, 2023 | 84.81% |
| Mar 31, 2023 | 76.63% |
| Dec 31, 2022 | 50.47% |
| Sep 30, 2022 | 80.94% |
| Jun 30, 2022 | 74.07% |
| Mar 31, 2022 | 81.48% |
| Dec 31, 2021 | 108.69% |
| Sep 30, 2021 | 73.78% |
| Jun 30, 2021 | 72.67% |