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
DateValue
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