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.

• On a quarterly basis, Gross Margin rose 352.0% year-over-year to 50.5% in Q1 2026; TTM through Mar 2026 was 47.31%, a 86.0% decrease from a year earlier, with the FY2025 full-year figure at 46.48%, down 239.0% from the prior year.
• Gross Margin grew to 50.5% in Q1 2026 per LUMN's latest filing, from 46.5% in the prior quarter.
• Across five years, Gross Margin topped out at 57.55% in Q1 2022 and bottomed at 44.93% in Q3 2025.
• The 5-year median for Gross Margin is 49.79% (2024), against an average of 50.28%.
• Across the five-year window, Gross Margin tumbled 616 bps in 2023 and jumped 352 bps in 2026, its largest moves.
• Year by year, Gross Margin 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.
• Per Business Quant, the three latest LUMN Gross Margin figures stand at 50.5% (Q1 2026), 46.5% (Q4 2025), and 44.93% (Q3 2025).