Lumen Technologies (LUMN) Cost of Revenue (2016 - 2026)

Lumen Technologies has reported Cost of Revenue over the past 17 years, most recently at $1.6 billion for Q4 2025.

For Q4 2025, Cost of Revenue fell 4.63% year-over-year to $1.6 billion; the TTM value through Dec 2025 reached $6.6 billion, down 0.97%, while the annual FY2025 figure was $6.6 billion, 0.97% down from the prior year.
Cost of Revenue for Q4 2025 was $1.6 billion at Lumen Technologies, down from $1.7 billion in the prior quarter.
Over five years, Cost of Revenue peaked at $2.2 billion in Q3 2021 and troughed at $1.6 billion in Q2 2025.
A 5-year average of $1.8 billion and a median of $1.8 billion in 2023 define the central range for Cost of Revenue.
Biggest five-year swings in Cost of Revenue: dropped 15.45% in 2023 and later rose 2.12% in 2025.
Year by year, Cost of Revenue stood at $2.1 billion in 2021, then decreased by 12.46% to $1.8 billion in 2022, then dropped by 4.87% to $1.7 billion in 2023, then fell by 1.78% to $1.7 billion in 2024, then dropped by 4.63% to $1.6 billion in 2025.
Business Quant data shows Cost of Revenue for LUMN at $1.6 billion in Q4 2025, $1.7 billion in Q3 2025, and $1.6 billion in Q2 2025.

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