Lumen Technologies (LUMN) Operating Expenses (2009 - 2026)
Lumen Technologies (LUMN) posted quarterly Operating Expenses of $2.3 billion for Q1 2026, down 25.3% year-over-year from $3.1 billion in Q1 2025, and down 29.13% on a QoQ basis from $3.2 billion in Q4 2025.
Lumen Technologies (LUMN) Operating Expenses (2009 - 2026) Analysis & Trends
Lumen Technologies (LUMN) has reported Operating Expenses for 18 consecutive years, with $2.3 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 25.3% year-over-year to $2.3 billion; the TTM figure through Mar 2026 stood at $12.4 billion (changed 0.34% YoY), while the FY2025 annual figure was $13.2 billion, up 4.48% from the prior year.
- Operating Expenses came in at $2.3 billion for Q1 2026 at Lumen Technologies, down from $3.2 billion in the prior quarter.
- The five-year high for Operating Expenses was $12.1 billion in Q2 2023, with the low at $2.3 billion in Q1 2026.
- Average Operating Expenses over 5 years is $4.1 billion, with a median of $3.2 billion recorded in 2024.
- Across the five-year window, Operating Expenses surged 226.54% in 2023 and plunged 74.07% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $7.1 billion in 2022, then slipped by 25.28% to $5.3 billion in 2023, then sank by 40.02% to $3.2 billion in 2024, then rose by 2.08% to $3.2 billion in 2025, then fell by 29.13% to $2.3 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.3 billion, $3.2 billion, and $3.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (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 | 18.61 Bn |
| 3 | Verizon Communications | 176.65 Bn | 169.60 Bn | 27.94 Bn | 26.20 Bn |
| 4 | At&T | 143.78 Bn | 133.82 Bn | 25.25 Bn | 24.85 Bn |
| 5 | Telecom Argentina | 27.29 Bn | -708.89 Bn | - | - |
| 6 | Charter Communications | 17.55 Bn | 21.72 Bn | - | 10.39 Bn |
| 7 | Millicom International Cellular | 15.13 Bn | 13.99 Bn | - | -650.00 Mn |
| 8 | Globalstar | 10.40 Bn | 10.04 Bn | 46.63 Mn | 61.89 Mn |
| 9 | Sify Technologies | 7.22 Bn | 7.17 Bn | 54.72 Mn | -22.56 Mn |
| 10 | Lumen Technologies | 7.15 Bn | 5.53 Bn | 1.46 Bn | 2.30 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.30 Bn |
| Dec 31, 2025 | 3.24 Bn |
| Sep 30, 2025 | 3.20 Bn |
| Jun 30, 2025 | 3.70 Bn |
| Mar 31, 2025 | 3.08 Bn |
| Dec 31, 2024 | 3.18 Bn |
| Sep 30, 2024 | 3.10 Bn |
| Jun 30, 2024 | 3.13 Bn |
| Mar 31, 2024 | 3.25 Bn |
| Dec 31, 2023 | 5.29 Bn |
| Sep 30, 2023 | 3.42 Bn |
| Jun 30, 2023 | 12.08 Bn |
| Mar 31, 2023 | 3.35 Bn |
| Dec 31, 2022 | 7.08 Bn |
| Sep 30, 2022 | 3.01 Bn |
| Jun 30, 2022 | 3.70 Bn |
| Mar 31, 2022 | 3.59 Bn |
| Dec 31, 2021 | 3.69 Bn |
| Sep 30, 2021 | 3.76 Bn |
| Jun 30, 2021 | 3.92 Bn |