T-Mobile US (TMUSZ) Operating Margin (2009 - 2026)

T-Mobile US (TMUSZ) posted Operating Margin of 19.46% for Q1 2026, up 26.76% sequentially from 15.35% in Q4 2025, and down 352.0% YoY from 7.72% in Q1 2025.

T-Mobile US (TMUSZ) Operating Margin (2009 - 2026) Analysis & Trends

T-Mobile US (TMUSZ) has 18 years of Operating Margin data on file, last reported at 19.46% in Q1 2026.

  • Quarterly Operating Margin fell 352.0% year-over-year to 19.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.86% (down 289.0% YoY) and the FY2025 annual result came in at 20.7%, down 143.0% from the prior year.
  • Operating Margin grew to 19.46% in Q1 2026 per TMUSZ's latest filing, from 15.35% in the prior quarter.
  • The five-year high for Operating Margin was 24.67% in Q2 2025, with the low at 3.6% in Q2 2022.
  • Average Operating Margin over 5 years is 17.48%, with a median of 19.46% recorded in 2026.
  • Year-over-year, Operating Margin sank 696 bps in 2022 and surged 1616 bps in 2023.
  • T-Mobile US's Operating Margin stood at 13.55% in 2022, then gained by 25 bps to 16.99% in 2023, then advanced by 23 bps to 20.97% in 2024, then slipped by 27 bps to 15.35% in 2025, then rose by 27 bps to 19.46% in 2026.
  • Business Quant data shows TMUSZ's Operating Margin at 19.46% in Q1 2026, 15.35% in Q4 2025, and 20.63% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 19.46%
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 23.93%
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 21.13%
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 23.59%
7 Millicom International Cellular 15.13 Bn 13.99 Bn - 20.96%
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 11.66%
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn 9.06%
10 T-Mobile US - - 17.62 Bn 19.46%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.46%
Dec 31, 2025 15.35%
Sep 30, 2025 20.63%
Jun 30, 2025 24.67%
Mar 31, 2025 22.98%
Dec 31, 2024 20.97%
Sep 30, 2024 23.79%
Jun 30, 2024 23.42%
Mar 31, 2024 20.40%
Dec 31, 2023 16.99%
Sep 30, 2023 18.68%
Jun 30, 2023 19.76%
Mar 31, 2023 17.30%
Dec 31, 2022 13.55%
Sep 30, 2022 6.58%
Jun 30, 2022 3.60%
Mar 31, 2022 8.98%
Dec 31, 2021 5.11%
Sep 30, 2021 8.07%
Jun 30, 2021 10.56%