Lumen Technologies (LUMN) Capital Expenditures (2009 - 2026)
Lumen Technologies (LUMN) posted Capital Expenditures of $902 million for Q2 2026, up 1.2% from $891 million a year earlier but down 4.3% from the prior quarter.
Powered by 
Analysis
Lumen Technologies (LUMN) Capital Expenditures (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Capital Expenditures at Lumen Technologies was $4.53 billion, up 31.4% year-over-year; for FY2025, it was $4.37 billion, up 35.2% from FY2024.
- Annual Capital Expenditures has increased for four consecutive years, with a five-year compound annual growth rate of 3.2% (FY2020 to FY2025).
- In prior years, Lumen Technologies' Capital Expenditures was $3.23 billion in FY2024 (+4.2%), $3.1 billion in FY2023 (+2.8%), $3.02 billion in FY2022 (+4.0%) and $2.9 billion in FY2021 (-22.2%).
- Quarterly Capital Expenditures has run from a low of $577 million in Q1 2022 to a high of $1.64 billion in Q4 2025 over five years.
- On a year-over-year basis, Capital Expenditures has increased in each of the last eight quarters, with growth averaging 20.5% over the last eight quarters.
- The strongest year-over-year quarter for Capital Expenditures in the past five years was Q4 2025, with growth of 79.7%; the weakest was Q3 2021, with a decline of 30.2%.
- According to Business Quant data, Capital Expenditures for the three prior quarters was $943 million (Q1 2026), $1.64 billion (Q4 2025) and $1.04 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 186.66 Bn | 186.66 Bn | - | - |
| 2 | T-Mobile US | 167.65 Bn | 150.09 Bn | 15.13 Bn | 2.27 Bn |
| 3 | At&T | 145.86 Bn | 87.32 Bn | 26.22 Bn | 5.06 Bn |
| 4 | Grupo Televisa, S.A.B | 129.78 Bn | 121.51 Bn | 318.12 Mn | - |
| 5 | Comcast | 82.44 Bn | 48.23 Bn | - | 3.06 Bn |
| 6 | Vodafone Group Public | 38.03 Bn | 7.43 Bn | - | - |
| 7 | Chunghwa Telecom | 37.97 Bn | 29.99 Bn | 728.80 Mn | -167.60 Mn |
| 8 | EchoStar | 28.08 Bn | 19.17 Bn | 1.65 Bn | 92.30 Mn |
| 9 | Bce | 18.88 Bn | 17.00 Bn | 3.38 Bn | 780.76 Mn |
| 10 | Lumen Technologies | 4.87 Bn | -2.03 Bn | 1.39 Bn | 902.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 902.00 Mn |
| Mar 31, 2026 | 943.00 Mn |
| Dec 31, 2025 | 1.64 Bn |
| Sep 30, 2025 | 1.04 Bn |
| Jun 30, 2025 | 891.00 Mn |
| Mar 31, 2025 | 791.00 Mn |
| Dec 31, 2024 | 915.00 Mn |
| Sep 30, 2024 | 850.00 Mn |
| Jun 30, 2024 | 753.00 Mn |
| Mar 31, 2024 | 713.00 Mn |
| Dec 31, 2023 | 821.00 Mn |
| Sep 30, 2023 | 843.00 Mn |
| Jun 30, 2023 | 796.00 Mn |
| Mar 31, 2023 | 640.00 Mn |
| Dec 31, 2022 | 833.00 Mn |
| Sep 30, 2022 | 845.00 Mn |
| Jun 30, 2022 | 761.00 Mn |
| Mar 31, 2022 | 577.00 Mn |
| Dec 31, 2021 | 848.00 Mn |
| Sep 30, 2021 | 690.00 Mn |
API Access
Lumen Technologies Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LUMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "LUMN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LUMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();