Lumen Technologies LUMN
NYSE LUMN
$5.94 -0.07 (-1.16%)
At close: Aug 21, 2026 · 4:00 PM EDT

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% quarter-over-quarter from $3.2 billion in Q4 2025.

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

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 for Q1 2026 stood at $2.3 billion, 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.
  • The 5-year median for Operating Expenses is $3.2 billion (2024), against an average of $4.1 billion.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 226.54% in 2023, then slumped 74.07% in 2024.
  • Lumen Technologies' Operating Expenses stood at $7.1 billion in 2022, then declined by 25.28% to $5.3 billion in 2023, then tumbled by 40.02% to $3.2 billion in 2024, then advanced by 2.08% to $3.2 billion in 2025, then decreased by 29.13% to $2.3 billion in 2026.
  • Business Quant data shows LUMN's Operating Expenses at $2.3 billion in Q1 2026, $3.2 billion in Q4 2025, and $3.2 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Verizon Communications 205.80 Bn 204.04 Bn 27.03 Bn 27.07 Bn
2 T-Mobile US 197.90 Bn 195.07 Bn 17.74 Bn 17.30 Bn
3 Grupo Televisa, S.A.B 195.16 Bn 193.45 Bn 318.12 Mn -11.74 Mn
4 At&T 175.88 Bn 158.31 Bn 25.25 Bn 24.52 Bn
5 Chunghwa Telecom 33.61 Bn 31.03 Bn 728.80 Mn 309.31 Mn
6 EchoStar 25.20 Bn 23.70 Bn 1.65 Bn 3.06 Bn
7 Bce 22.12 Bn 22.12 Bn - 2.51 Bn
8 Rogers Communications 19.59 Bn 18.35 Bn 1.77 Bn 152.54 Mn
9 Telefonica Brasil 18.39 Bn 18.39 Bn 1.32 Bn -191.29 Mn
10 Lumen Technologies 5.96 Bn 4.09 Bn 1.39 Bn 2.89 Bn

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