T-Mobile US profit margin TMUS
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 11.5%
- Operating margin, 12 months
- 19.8%
- Net margin on a year earlier
- −3.1 pts
- Peer median
- 10.3%
Over the twelve months to Jun 30, 2026, T-Mobile US kept 11.5% of its revenue as net profit, with an operating margin of 19.8% and a gross margin of 62.2%.
Five years earlier its net margin was 4.9%.
The median for 3 telecom stocks of a similar size is 10.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 12.4% | 20.7% | 62.9% |
| FY2024 | 13.9% | 22.1% | 63.6% |
| FY2023 | 10.6% | 18.2% | 61.6% |
| FY2022 | 3.3% | 8.2% | 54.5% |
| FY2021 | 3.8% | 8.6% | 54.3% |
| FY2020 | 4.5% | 9.7% | 58.7% |
| FY2019 | 7.7% | 12.7% | 58.8% |
| FY2018 | 6.7% | 12.3% | 57.6% |
| FY2017 | 11.2% | 12.0% | 56.4% |
| FY2016 | 3.9% | 10.8% | 55.9% |
| FY2015 | 2.3% | 6.4% | 53.5% |
| FY2014 | 0.8% | 4.8% | 47.9% |
| FY2013 | 0.1% | 4.1% | 49.8% |
| FY2012 | −37.2% | −32.4% | 34.3% |
| FY2011 | 6.2% | 15.4% | 39.9% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 11.5% | −3.1 pts | 19.8% | |
| Q1 FY26 | 11.6% | −2.8 pts | 19.9% | |
| Q4 FY25 | 12.4% | −1.5 pts | 20.7% | |
| Q3 FY25 | 13.8% | +0.9 pts | 22.3% | |
| Q2 FY25 | 14.5% | +2.6 pts | 23.1% | |
| Q1 FY25 | 14.4% | +3.3 pts | 22.7% | |
| Q4 FY24 | 13.9% | +3.3 pts | 22.1% | |
| Q3 FY24 | 13.0% | +3.0 pts | 21.1% | |
| Q2 FY24 | 12.0% | +4.1 pts | 19.9% | |
| Q1 FY24 | 11.1% | +6.3 pts | 18.9% | |
| Q4 FY23 | 10.6% | +7.3 pts | 18.2% | |
| Q3 FY23 | 9.9% | +8.0 pts | 17.3% |
Against its peers
Companies in Telecommunications Services nearest T-Mobile US' size, closest first, today.
| Company | Profit margin |
|---|---|
| TMUST-Mobile US | 11.5% |
| TAT&T | n/m |
| VZVerizon Communications | 11.6% |
| CMCSAComcast | 9.0% |
| Peer median | 10.3% |
Where T-Mobile US ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on T-Mobile US
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.