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
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Lumen Technologies, Inc. (LUMN) 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 | Free account |
Against its own ten years
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
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
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- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
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- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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