T-Mobile US annual operating margin
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2025
T-Mobile US Operating Margin Growth & History (TMUS)
T-Mobile US's operating margin was 20.70% for fiscal 2025.
View full T-Mobile US company overviewT-Mobile US annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 20.70% | −1.43 pp |
| 2024 | 2024-12-31 | 22.13% | +3.97 pp |
| 2023 | 2023-12-31 | 18.16% | +9.94 pp |
| 2022 | 2022-12-31 | 8.22% | −0.38 pp |
| 2021 | 2021-12-31 | 8.60% | −1.10 pp |
| 2020 | 2020-12-31 | 9.70% | −3.01 pp |
| 2019 | 2019-12-31 | 12.72% | +0.46 pp |
| 2018 | 2018-12-31 | 12.26% | +0.22 pp |
| 2017 | 2017-12-31 | 12.04% | +1.24 pp |
| 2016 | 2016-12-31 | 10.80% | +3.17 pp |
| 2015 | 2015-12-31 | 7.64% | +2.85 pp |
| 2014 | 2014-12-31 | 4.79% | +0.71 pp |
| 2013 | 2013-12-31 | 4.08% | +36.52 pp |
| 2012 | 2012-12-31 | −32.44% | −11.69 pp |
| 2011 | 2011-12-31 | −20.75% | −38.42 pp |
| 2010 | 2010-12-31 | 17.67% | +2.29 pp |
| 2009 | 2009-12-31 | 15.38% | −1.62 pp |
| 2008 | 2008-12-31 | 17.00% | — |
T-Mobile US quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 24.09% | −0.58 pp |
| Q1 2026 | 2026-03-31 | 19.46% | −3.52 pp |
| Q4 2025 | 2025-12-31 | 15.35% | −5.61 pp |
| Q3 2025 | 2025-09-30 | 20.63% | −3.16 pp |
| Q2 2025 | 2025-06-30 | 24.67% | +1.25 pp |
| Q1 2025 | 2025-03-31 | 22.98% | +2.58 pp |
| Q4 2024 | 2024-12-31 | 20.97% | +3.97 pp |
| Q3 2024 | 2024-09-30 | 23.79% | +5.11 pp |
| Q2 2024 | 2024-06-30 | 23.42% | +3.66 pp |
| Q1 2024 | 2024-03-31 | 20.40% | +3.10 pp |
| Q4 2023 | 2023-12-31 | 16.99% | +3.44 pp |
| Q3 2023 | 2023-09-30 | 18.68% | +12.10 pp |
| Q2 2023 | 2023-06-30 | 19.76% | +16.16 pp |
| Q1 2023 | 2023-03-31 | 17.30% | +8.33 pp |
| Q4 2022 | 2022-12-31 | 13.55% | +8.44 pp |
| Q3 2022 | 2022-09-30 | 6.58% | −1.49 pp |
| Q2 2022 | 2022-06-30 | 3.60% | −6.96 pp |
| Q1 2022 | 2022-03-31 | 8.98% | −1.85 pp |
| Q4 2021 | 2021-12-31 | 5.11% | −3.30 pp |
| Q3 2021 | 2021-09-30 | 8.07% | −5.24 pp |
| Q2 2021 | 2021-06-30 | 10.56% | +5.92 pp |
| Q1 2021 | 2021-03-31 | 10.83% | −3.02 pp |
| Q4 2020 | 2020-12-31 | 8.42% | −1.97 pp |
| Q3 2020 | 2020-09-30 | 13.31% | +0.01 pp |
| Q2 2020 | 2020-06-30 | 4.64% | −9.40 pp |
| Q1 2020 | 2020-03-31 | 13.85% | +0.53 pp |
| Q4 2019 | 2019-12-31 | 10.39% | +0.45 pp |
| Q3 2019 | 2019-09-30 | 13.30% | +0.01 pp |
| Q2 2019 | 2019-06-30 | 14.04% | +0.32 pp |
| Q1 2019 | 2019-03-31 | 13.32% | +1.06 pp |
| Q4 2018 | 2018-12-31 | 9.93% | −0.40 pp |
| Q3 2018 | 2018-09-30 | 13.29% | +0.08 pp |
| Q2 2018 | 2018-06-30 | 13.72% | −0.15 pp |
| Q1 2018 | 2018-03-31 | 12.26% | +1.47 pp |
| Q4 2017 | 2017-12-31 | 10.34% | +0.55 pp |
| Q3 2017 | 2017-09-30 | 13.20% | +1.94 pp |
| Q2 2017 | 2017-06-30 | 13.86% | +4.90 pp |
| Q1 2017 | 2017-03-31 | 10.79% | −2.69 pp |
| Q4 2016 | 2016-12-31 | 9.78% | −4.67 pp |
| Q3 2016 | 2016-09-30 | 11.26% | +4.73 pp |
| Q2 2016 | 2016-06-30 | 8.97% | +1.67 pp |
| Q1 2016 | 2016-03-31 | 13.48% | +11.98 pp |
| Q4 2015 | 2015-12-31 | 14.46% | +9.15 pp |
| Q3 2015 | 2015-09-30 | 6.54% | +5.87 pp |
| Q2 2015 | 2015-06-30 | 7.30% | −6.09 pp |
| Q1 2015 | 2015-03-31 | 1.50% | +1.91 pp |
| Q4 2014 | 2014-12-31 | 5.31% | +3.27 pp |
| Q3 2014 | 2014-09-30 | 0.67% | −3.77 pp |
| Q2 2014 | 2014-06-30 | 13.39% | +10.48 pp |
| Q1 2014 | 2014-03-31 | −0.41% | −8.51 pp |
| Q4 2013 | 2013-12-31 | 2.04% | −5.41 pp |
| Q3 2013 | 2013-09-30 | 4.44% | +159.62 pp |
| Q2 2013 | 2013-06-30 | 2.91% | −6.35 pp |
| Q1 2013 | 2013-03-31 | 8.10% | +0.41 pp |
| Q4 2012 | 2012-12-31 | 7.45% | +35.74 pp |
| Q3 2012 | 2012-09-30 | −155.18% | −169.85 pp |
| Q2 2012 | 2012-06-30 | 9.26% | −8.13 pp |
| Q1 2012 | 2012-03-31 | 7.70% | −4.47 pp |
| Q4 2011 | 2011-12-31 | −28.29% | −47.75 pp |
| Q3 2011 | 2011-09-30 | 14.67% | −5.70 pp |
| Q2 2011 | 2011-06-30 | 17.38% | −2.21 pp |
| Q1 2011 | 2011-03-31 | 12.17% | +1.33 pp |
| Q4 2010 | 2010-12-31 | 19.46% | +1.79 pp |
| Q3 2010 | 2010-09-30 | 20.37% | +6.90 pp |
| Q2 2010 | 2010-06-30 | 19.60% | — |
| Q1 2010 | 2010-03-31 | 10.84% | — |
| Q3 2009 | 2009-09-30 | 17.67% | — |
| Q2 2009 | 2009-06-30 | 13.47% | — |
T-Mobile US operating margin trends
Over the last five reported fiscal years, T-Mobile US's operating margin increased from 9.70% to 20.70%, a change of +11.00 percentage points. The latest reported quarter, Q2 2026, shows 24.09%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review T-Mobile US filings at SEC.gov ↗