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T-Mobile US (TMUS) operating margin by quarter

T-Mobile US' operating margin was 24.0% in Q3 2026 (third quarter 2026), -0.1 pts from Q2 2026. Over the last 7 quarters it ranged from 15.4% (Q4 2025) to 24.7% (Q2 2025).

T-Mobile US operating margin by quarterT-Mobile US operating margin by quarter23.0%Q1 202524.7%Q2 202520.6%Q3 202515.4%Q4 202519.5%Q1 202624.1%Q2 202624.0%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202624.0%-0.1 pts+3.4 pts
Q2 202624.1%+4.6 pts-0.6 pts
Q1 202619.5%+4.1 pts-3.5 pts
Q4 202515.4%-5.3 pts—
Q3 202520.6%-4.0 pts—
Q2 202524.7%+1.7 pts—
Q1 202523.0%——

Q3 2026 at a glance

T-Mobile US, Q3 2026: revenue $23.6B (+7% year over year), operating margin 24.0%, net earnings $3.5B, operating cash flow $7.3B. The chart follows the revenue to costs, profit and cash.

Questions

What is T-Mobile US' operating margin?

T-Mobile US' operating margin was 24.0% in Q3 2026 (third quarter 2026), -0.1 pts from Q2 2026.

How has T-Mobile US' operating margin changed?

Over the last 7 quarters it ranged from 15.4% (Q4 2025) to 24.7% (Q2 2025).

Q3 2026 results → · How T-Mobile US makes money →