Lumen Technologies (LUMN) Operating Expenses (2016 - 2026)

Lumen Technologies has reported Operating Expenses over the past 17 years, most recently at $3.2 billion for Q4 2025.

For Q4 2025, Operating Expenses rose 2.08% year-over-year to $3.2 billion; the TTM value through Dec 2025 reached $13.2 billion, up 4.48%, while the annual FY2025 figure was $13.2 billion, 4.48% up from the prior year.
Operating Expenses for Q4 2025 was $3.2 billion at Lumen Technologies, up from $3.2 billion in the prior quarter.
Over five years, Operating Expenses peaked at $12.1 billion in Q2 2023 and troughed at $3.0 billion in Q3 2022.
A 5-year average of $4.1 billion and a median of $3.5 billion in 2022 define the central range for Operating Expenses.
Biggest five-year swings in Operating Expenses: surged 226.54% in 2023 and later crashed 74.07% in 2024.
Year by year, Operating Expenses stood at $3.7 billion in 2021, then surged by 92.19% to $7.1 billion in 2022, then decreased by 25.28% to $5.3 billion in 2023, then plummeted by 40.02% to $3.2 billion in 2024, then increased by 2.08% to $3.2 billion in 2025.
Business Quant data shows Operating Expenses for LUMN at $3.2 billion in Q4 2025, $3.2 billion in Q3 2025, and $3.7 billion in Q2 2025.

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