Lumen Technologies (LUMN) Gross Margin (2009 - 2026)
Lumen Technologies (LUMN) posted Gross Margin of 49.55% for Q2 2026, down 1.87% on a QoQ basis from 50.5% in Q1 2026, and up 208.0% year-over-year from 16.09% in Q2 2025.
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Lumen Technologies (LUMN) Gross Margin (2009 - 2026) Analysis & Trends
Lumen Technologies has reported Gross Margin for 18 years, with the latest figure at 49.55% in Q2 2026.
- On a quarterly basis, Gross Margin rose 208.0% year-over-year to 49.55% in Q2 2026; TTM through Jun 2026 was 47.79%, a 11.0% increase from a year earlier, with the FY2025 full-year figure at 46.48%, down 239.0% from the prior year.
- Gross Margin was 49.55% for Q2 2026 at Lumen Technologies, down from 50.5% 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 50.24%, with a median of 49.67% recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Gross Margin slumped 616 bps in 2023, then soared 352 bps in 2026.
- Over 5 years, Gross Margin stood at 51.95% in 2022, then slipped by 3 bps to 50.61% in 2023, then declined by 4 bps to 48.75% in 2024, then declined by 5 bps to 46.5% in 2025, then advanced by 7 bps to 49.55% in 2026.
- The last three Gross Margin figures came in at 49.55% (Q2 2026), 50.5% (Q1 2026), and 46.5% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Comcast | 235.03 Bn | 227.55 Bn | - | - |
| 2 | Grupo Televisa, S.A.B | 31.11 Bn | 29.27 Bn | 318.12 Mn | 38.75% |
| 3 | Charter Communications | 18.13 Bn | 22.57 Bn | - | - |
| 4 | Lumen Technologies | 6.96 Bn | 5.09 Bn | 1.39 Bn | 49.55% |
| 5 | Liberty Broadband | 4.49 Bn | 4.45 Bn | - | - |
| 6 | Telephone & Data Systems | 4.35 Bn | 2.39 Bn | 185.25 Mn | 59.90% |
| 7 | Liberty Global | 3.61 Bn | 1.43 Bn | 796.60 Mn | 67.97% |
| 8 | Uniti | 2.39 Bn | 1.78 Bn | 567.70 Mn | 62.41% |
| 9 | Idt | 1.60 Bn | 1.38 Bn | 122.50 Mn | 38.80% |
| 10 | Liberty Latin America | 1.50 Bn | 1.25 Bn | 652.20 Mn | 59.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.55% |
| 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% |