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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |