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

Lumen Technologies' Operating Expenses history runs 18 years deep, the most recent figure standing at $2.3 billion for 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 was $2.3 billion for Q1 2026 at Lumen Technologies, down from $3.2 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $12.1 billion in Q2 2023 to a low of $2.3 billion in Q1 2026.
• Historically, Operating Expenses has averaged $4.1 billion across 5 years, with a median of $3.2 billion in 2024.
• The sharpest annual moves came in 2023 and 2024: Operating Expenses surged 226.54% in 2023, then tumbled 74.07% in 2024.
• A 5-year view of Operating Expenses shows it stood at $7.1 billion in 2022, then fell by 25.28% to $5.3 billion in 2023, then plunged by 40.02% to $3.2 billion in 2024, then climbed by 2.08% to $3.2 billion in 2025, then slipped by 29.13% to $2.3 billion in 2026.
• The last three Operating Expenses figures came in at $2.3 billion (Q1 2026), $3.2 billion (Q4 2025), and $3.2 billion (Q3 2025), per Business Quant data.