Lumen Technologies (LUMN) Gross Margin (2009 - 2026)
Lumen Technologies (LUMN) posted quarterly Gross Margin of 50.5% for Q1 2026, up 352.0% year-over-year from 11.17% in Q1 2025, and up 8.61% on a QoQ basis from 46.5% in Q4 2025.
Lumen Technologies (LUMN) Gross Margin (2009 - 2026) Analysis & Trends
Lumen Technologies (LUMN) has reported Gross Margin for 18 consecutive years, with 50.5% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 352.0% year-over-year to 50.5%; the TTM figure through Mar 2026 stood at 47.31% (down 86.0% YoY), while the FY2025 annual figure was 46.48%, down 239.0% from the prior year.
- Gross Margin came in at 50.5% for Q1 2026 at Lumen Technologies, up from 46.5% in the prior quarter.
- The five-year high for Gross Margin was 57.55% in Q1 2022, with the low at 44.93% in Q3 2025.
- Average Gross Margin over 5 years is 50.28%, with a median of 49.79% recorded in 2024.
- Across the five-year window, Gross Margin plunged 616 bps in 2023 and surged 352 bps in 2026, its largest moves.
- Year by year, Gross Margin stood at 51.95% in 2022, then declined by 3 bps to 50.61% in 2023, then retreated by 4 bps to 48.75% in 2024, then retreated by 5 bps to 46.5% in 2025, then gained by 9 bps to 50.5% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 50.5%, 46.5%, and 44.93% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,360.11 Bn | 465.10 Bn | - | - |
| 2 | T-Mobile US | 190.40 Bn | 186.88 Bn | 17.62 Bn | 76.25% |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 81.11% |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 80.13% |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | - |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | - |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | 66.55% |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | 41.60% |
| 10 | Lumen Technologies | 7.15 Bn | 5.53 Bn | 1.46 Bn | 50.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 50.50% |
| Dec 31, 2025 | 46.50% |
| Sep 30, 2025 | 44.93% |
| Jun 30, 2025 | 47.48% |
| Mar 31, 2025 | 46.98% |
| Dec 31, 2024 | 48.75% |
| Sep 30, 2024 | 47.47% |
| Jun 30, 2024 | 49.42% |
| Mar 31, 2024 | 49.79% |
| Dec 31, 2023 | 50.61% |
| Sep 30, 2023 | 49.19% |
| Jun 30, 2023 | 52.47% |
| Mar 31, 2023 | 51.39% |
| Dec 31, 2022 | 51.95% |
| Sep 30, 2022 | 54.46% |
| Jun 30, 2022 | 55.38% |
| Mar 31, 2022 | 57.55% |
| Dec 31, 2021 | 56.96% |
| Sep 30, 2021 | 55.99% |
| Jun 30, 2021 | 57.05% |