Lumen Technologies, Inc.

LUMN Communication Services Telecom Services

Lumen Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $12.4 billion, down 5.39% from fiscal 2024.

Revenue
−12.1%
EPS
+58.1%
Free cash flow
−123.7%
Total debt
−25.3%

Quarter to September 2026, against a year earlier

3.92 0.55 −12.30%
Market cap
$4.1B
P/E
0.0×
Fwd P/E
−6.6×
Dividend yield
—
F-score
4/9
Altman Z
−0.27
Beneish M
−3.38
Dividend safety
33/100

Lumen Technologies, Inc. (LUMN) Gross margin

Alert me on Gross margin

Lumen Technologies, Inc.'s gross margin over the twelve months to 30 September 2026 was 48.4%, up 2.0 percentage points from fiscal 2025 (46.5%). Over the past ten years it has ranged from 46.5% (fiscal 2025) to 57.4% (fiscal 2019) — the current reading is the lowest in ten years. That is in line with the Telecom Services industry median of 48.8% and below the Communication Services sector median of 51.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 46.5% (2.38)
FY2024 48.9% (2.06)
FY2023 50.9% (4.06)
FY2022 55.0% (1.91)
FY2021 56.9% 0.02
FY2020 56.9% (0.56)
FY2019 57.4% 1.71
FY2018 55.7% 2.18
FY2017 53.5% (1.96)
FY2016 55.5% (1.05)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 47.3% (2.29)
Jun 2026 49.6% (0.95)
Mar 2026 50.5% 4.00
Dec 2025 46.5% 1.57
43 more quarters

Against its own ten years

Low 46.5% High 57.4%
Ten-year median 55.5%
Current reading's percentile 16

Gross margin against peers

Company Gross margin
KYIV Kyivstar Group Ltd. compare 88.8%
VEON VEON Ltd. compare 87.1%
PHI PLDT Inc. compare 85.0%
IRDM Iridium Communications Inc compare 71.5%
TDS Telephone and Data Systems, Inc. compare 59.4%
LBTYK Liberty Global Ltd compare 48.8%
LBTYA Liberty Global Ltd compare 48.8%
LUMN Lumen Technologies, Inc. 48.4%
TKC Turkcell Iletisim Hizmetleri AS compare 27.4%
Telecom Services industry median 48.8%
Communication Services sector median 51.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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