Lumen Technologies (LUMN) Invested Capital (2009 - 2026)

Lumen Technologies (LUMN) recorded quarterly Invested Capital of $11.6 billion in Q1 2026, down 28.68% quarter-over-quarter from $16.3 billion in Q4 2025, and down 35.15% on a YoY basis from $18.0 billion in Q1 2025.

Lumen Technologies (LUMN) Invested Capital (2009 - 2026) Analysis & Trends

Lumen Technologies' Invested Capital history runs 18 years deep, the most recent figure standing at $11.6 billion for Q1 2026.

  • In Q1 2026, Invested Capital fell 35.15% year-over-year to $11.6 billion; the TTM figure through Mar 2026 stood at $11.6 billion (down 35.15% YoY), while the FY2025 annual figure was $16.3 billion, down 3.43% from the prior year.
  • Invested Capital was $11.6 billion for Q1 2026 at Lumen Technologies, down from $16.3 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $37.8 billion in Q3 2022 to a low of $11.6 billion in Q1 2026.
  • Historically, Invested Capital has averaged $20.9 billion across 5 years, with a median of $18.9 billion in 2024.
  • The sharpest annual moves came in 2022 and 2024: Invested Capital sank 72.97% in 2022, then jumped 187.65% in 2024.
  • A 5-year view of Invested Capital shows it stood at $13.0 billion in 2022, then soared by 57.41% to $20.4 billion in 2023, then retreated by 17.16% to $16.9 billion in 2024, then decreased by 3.43% to $16.3 billion in 2025, then dropped by 28.68% to $11.6 billion in 2026.
  • The last three Invested Capital figures came in at $11.6 billion (Q1 2026), $16.3 billion (Q4 2025), and $16.5 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Bce 382.57 Bn 381.58 Bn - 21.05 Bn
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 57.88 Bn
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 105.24 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 132.44 Bn
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn -
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 170.85 Mn
8 Millicom International Cellular 106.22 Bn 104.67 Bn - 7.39 Bn
9 Veon 82.81 Bn 80.59 Bn - -
10 Lumen Technologies 8.90 Bn 7.28 Bn 1.46 Bn 11.64 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 11.64 Bn
Dec 31, 2025 16.32 Bn
Sep 30, 2025 16.50 Bn
Jun 30, 2025 17.90 Bn
Mar 31, 2025 17.95 Bn
Dec 31, 2024 16.90 Bn
Sep 30, 2024 18.90 Bn
Jun 30, 2024 19.62 Bn
Mar 31, 2024 36.81 Bn
Dec 31, 2023 20.41 Bn
Sep 30, 2023 22.05 Bn
Jun 30, 2023 21.06 Bn
Mar 31, 2023 12.80 Bn
Dec 31, 2022 12.96 Bn
Sep 30, 2022 37.82 Bn
Jun 30, 2022 25.90 Bn
Mar 31, 2022 29.59 Bn
Dec 31, 2021 47.95 Bn
Sep 30, 2021 40.94 Bn
Jun 30, 2021 51.86 Bn