Lumen Technologies (LUMN) Gross Margin (2009 - 2026)

Lumen Technologies' Gross Margin history runs 18 years deep, the most recent figure standing at 50.5% for 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 was 50.5% for Q1 2026 at Lumen Technologies, up from 46.5% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 57.55% in Q1 2022 to a low of 44.93% in Q3 2025.
• Historically, Gross Margin has averaged 50.28% across 5 years, with a median of 49.79% in 2024.
• The sharpest annual moves came in 2023 and 2026: Gross Margin tumbled 616 bps in 2023, then surged 352 bps in 2026.
• A 5-year view of Gross Margin shows it stood at 51.95% in 2022, then decreased by 3 bps to 50.61% in 2023, then dropped by 4 bps to 48.75% in 2024, then dropped by 5 bps to 46.5% in 2025, then grew by 9 bps to 50.5% in 2026.
• The last three Gross Margin figures came in at 50.5% (Q1 2026), 46.5% (Q4 2025), and 44.93% (Q3 2025), per Business Quant data.