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% quarter-over-quarter from 46.5% in Q4 2025.
Lumen Technologies (LUMN) Gross Margin (2009 - 2026) Analysis & Trends
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 for Q1 2026 stood at 50.5%, 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.
- The 5-year median for Gross Margin is 49.79% (2024), against an average of 50.28%.
- The sharpest annual moves came in 2023 and 2026: Gross Margin slumped 616 bps in 2023, then jumped 352 bps in 2026.
- Lumen Technologies' Gross Margin stood at 51.95% in 2022, then retreated by 3 bps to 50.61% in 2023, then slipped by 4 bps to 48.75% in 2024, then slipped by 5 bps to 46.5% in 2025, then climbed by 9 bps to 50.5% in 2026.
- Business Quant data shows LUMN's Gross Margin at 50.5% in Q1 2026, 46.5% in Q4 2025, and 44.93% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.36 Bn | 203.61 Bn | 27.03 Bn | 78.91% |
| 2 | T-Mobile US | 196.43 Bn | 193.61 Bn | 17.74 Bn | 77.82% |
| 3 | Grupo Televisa, S.A.B | 190.22 Bn | 188.51 Bn | 318.12 Mn | 38.75% |
| 4 | At&T | 174.94 Bn | 157.37 Bn | 25.25 Bn | 80.02% |
| 5 | Chunghwa Telecom | 33.60 Bn | 31.03 Bn | 728.80 Mn | 37.54% |
| 6 | EchoStar | 25.24 Bn | 23.74 Bn | 1.65 Bn | 46.08% |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | - |
| 8 | Rogers Communications | 19.61 Bn | 18.36 Bn | 1.77 Bn | 43.49% |
| 9 | Telefonica Brasil | 18.11 Bn | 18.11 Bn | 1.32 Bn | 44.91% |
| 10 | Lumen Technologies | 6.05 Bn | 4.17 Bn | 1.39 Bn | 49.55% |
Historic Data
Download 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% |