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

Lumen Technologies' (LUMN) quarterly Operating Expenses came in at $2.3 billion in Q1 2026, down 25.3% year-on-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.

  • On a quarterly basis, Operating Expenses fell 25.3% year-over-year to $2.3 billion in Q1 2026; TTM through Mar 2026 was $12.4 billion, a 0.34% change from a year earlier, with the FY2025 full-year figure at $13.2 billion, up 4.48% from the prior year.
  • Operating Expenses retreated to $2.3 billion in Q1 2026 per LUMN's latest filing, from $3.2 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $12.1 billion in Q2 2023 and bottomed 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.
  • Across the five-year window, Operating Expenses jumped 226.54% in 2023 and tumbled 74.07% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $7.1 billion in 2022, then fell by 25.28% to $5.3 billion in 2023, then slumped 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.
  • Per Business Quant, the three latest LUMN Operating Expenses figures stand at $2.3 billion (Q1 2026), $3.2 billion (Q4 2025), and $3.2 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 America Movil Sab De Cv 1,543.97 Bn 1,543.97 Bn 7.08 Bn 8.32 Bn
2 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,427.96 Bn -8,564.04 Bn - -
3 Grupo Televisa, S.A.B 958.85 Bn 957.15 Bn 317.18 Mn -114.72 Mn
4 Chunghwa Telecom 334.17 Bn 331.99 Bn 719.92 Mn 305.28 Mn
5 Verizon Communications 198.41 Bn 190.05 Bn 29.14 Bn 26.20 Bn
6 T-Mobile US 192.12 Bn 189.29 Bn 17.74 Bn 17.30 Bn
7 At&T 169.04 Bn 151.47 Bn 25.25 Bn 24.52 Bn
8 Veon 90.84 Bn 90.84 Bn - -683.00 Mn
9 Tim 50.18 Bn 50.03 Bn 677.20 Mn -389.44 Mn
10 Lumen Technologies 6.23 Bn 4.60 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