Lumen Technologies LUMN
NYSE LUMN
$6.83 +0.02 (+0.29%)
As of: Sep 10, 2026 · 3:59 PM EDT

Lumen Technologies (LUMN) Operating Expenses (2009 - 2026)

Lumen Technologies (LUMN) posted Operating Expenses of $2.9 billion for Q2 2026, up 25.95% on a QoQ basis from $2.3 billion in Q1 2026, and down 21.71% year-over-year from $3.7 billion in Q2 2025.

Analysis

Lumen Technologies (LUMN) Operating Expenses (2009 - 2026) Analysis & Trends

Lumen Technologies has reported Operating Expenses for 18 years, with the latest figure at $2.9 billion in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 21.71% year-over-year to $2.9 billion in Q2 2026; TTM through Jun 2026 was $11.6 billion, a 10.78% decrease from a year earlier, with the FY2025 full-year figure at $13.2 billion, up 4.48% from the prior year.
  • Operating Expenses was $2.9 billion for Q2 2026 at Lumen Technologies, up from $2.3 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 $4.0 billion, with a median of $3.2 billion recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 226.54% in 2023, then slumped 74.07% in 2024.
  • Over 5 years, Operating Expenses stood at $7.1 billion in 2022, then retreated by 25.28% to $5.3 billion in 2023, then tumbled by 40.02% to $3.2 billion in 2024, then grew by 2.08% to $3.2 billion in 2025, then slipped by 10.74% to $2.9 billion in 2026.
  • The last three Operating Expenses figures came in at $2.9 billion (Q2 2026), $2.3 billion (Q1 2026), and $3.2 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Comcast 235.03 Bn 227.55 Bn - 24.78 Bn
2 Grupo Televisa, S.A.B 31.11 Bn 29.27 Bn 318.12 Mn -117.85 Mn
3 Charter Communications 16.86 Bn 16.35 Bn - 10.46 Bn
4 Lumen Technologies 6.85 Bn 4.97 Bn 1.39 Bn 2.89 Bn
5 Liberty Broadband 4.49 Bn 4.45 Bn - 10.46 Bn
6 Telephone & Data Systems 4.29 Bn 2.10 Bn 185.25 Mn -63.93 Mn
7 Liberty Global 3.61 Bn 1.19 Bn 796.60 Mn 1.17 Bn
8 Uniti 2.49 Bn 1.88 Bn 567.70 Mn 877.50 Mn
9 Idt 1.73 Bn 1.49 Bn 122.50 Mn 92.71 Mn
10 Liberty Latin America 1.50 Bn 1.25 Bn 652.20 Mn 921.40 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.89 Bn
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