T-Mobile US, Inc. TMUS

165.43 0.08 0.05% as of 25 Sep
Market cap
$176.0B
P/E
17.3×
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T-Mobile US, Inc. (TMUS) Gross margin

T-Mobile US, Inc.'s gross margin over the twelve months to 30 June 2026 was 62.2%, down 0.7 percentage points from fiscal 2025 (62.9%). Over the past ten years it has ranged from 54.1% (fiscal 2015) to 63.6% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Telecom Services industry median of 51.3% and above the Communication Services sector median of 53.1%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 62.9% (0.68)
FY2024 63.6% 2.00
FY2023 61.6% 7.07
FY2022 54.5% 0.19
FY2021 54.3% (4.36)
FY2020 58.7% (0.17)
FY2019 58.8% 1.22
FY2018 57.6% 1.23
FY2017 56.4% 0.54
FY2016 55.9% 1.74

Quarterly

Period Gross margin Change (points)
Jun 2026 64.8% 2.95
Mar 2026 61.8% 4.01
Dec 2025 57.8% (7.02)
Sep 2025 64.8% (0.29)
42 more quarters

Against its own ten years

Low 54.1% High 63.6%
Ten-year median 57.6%
Current reading's percentile 91

Gross margin against peers

Company Gross margin
AMX America Movil, S.A.B. de C.V. Unsponsored ADR compare 66.5%
TMUS T-Mobile US, Inc. 62.2%
T AT&T Inc. compare 59.7%
VZ Verizon Communications Inc. compare 59.3%
CHT Chunghwa Telecom Co., Ltd. compare 36.5%
CMCSA Comcast Corporation compare 34.5%
VOD Vodafone Group PLC compare 32.1%
ECHO EchoStar Corporation compare 29.5%
ORANY Orange compare 16.3%
Telecom Services industry median 51.3%
Communication Services sector median 53.1%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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