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
DateValue
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%