Lumen Technologies annual operating margin
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2025
Lumen Technologies Operating Margin Growth & History (LUMN)
Lumen Technologies's operating margin was −7.17% for fiscal 2025.
View full Lumen Technologies company overviewLumen Technologies annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −7.17% | −10.96 pp |
| 2024 | 2024-12-31 | 3.79% | +74.67 pp |
| 2023 | 2023-12-31 | −70.88% | −71.47 pp |
| 2022 | 2022-12-31 | 0.59% | −23.49 pp |
| 2021 | 2021-12-31 | 24.08% | +18.96 pp |
| 2020 | 2020-12-31 | 5.12% | +19.09 pp |
| 2019 | 2019-12-31 | −13.98% | −16.68 pp |
| 2018 | 2018-12-31 | 2.71% | −8.67 pp |
| 2017 | 2017-12-31 | 11.38% | −1.98 pp |
| 2016 | 2016-12-31 | 13.35% | −1.05 pp |
| 2015 | 2015-12-31 | 14.41% | +1.04 pp |
| 2014 | 2014-12-31 | 13.37% | +5.34 pp |
| 2013 | 2013-12-31 | 8.03% | −6.73 pp |
| 2012 | 2012-12-31 | 14.76% | +1.57 pp |
| 2011 | 2011-12-31 | 13.19% | −16.06 pp |
| 2010 | 2010-12-31 | 29.25% | +4.46 pp |
| 2009 | 2009-12-31 | 24.79% | −2.96 pp |
| 2008 | 2008-12-31 | 27.75% | — |
Lumen Technologies quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −3.51% | +17.51 pp |
| Q1 2026 | 2026-03-31 | 23.17% | +19.50 pp |
| Q4 2025 | 2025-12-31 | −7.29% | −12.28 pp |
| Q3 2025 | 2025-09-30 | −4.13% | −8.38 pp |
| Q2 2025 | 2025-06-30 | −21.02% | −25.49 pp |
| Q1 2025 | 2025-03-31 | 3.68% | +2.21 pp |
| Q4 2024 | 2024-12-31 | 5.00% | +59.06 pp |
| Q3 2024 | 2024-09-30 | 4.25% | −2.35 pp |
| Q2 2024 | 2024-06-30 | 4.47% | +252.51 pp |
| Q1 2024 | 2024-03-31 | 1.47% | −9.80 pp |
| Q4 2023 | 2023-12-31 | −54.06% | +81.08 pp |
| Q3 2023 | 2023-09-30 | 6.60% | −24.93 pp |
| Q2 2023 | 2023-06-30 | −248.04% | −267.82 pp |
| Q1 2023 | 2023-03-31 | 11.27% | −11.90 pp |
| Q4 2022 | 2022-12-31 | −135.14% | −161.70 pp |
| Q3 2022 | 2022-09-30 | 31.53% | +5.91 pp |
| Q2 2022 | 2022-06-30 | 19.77% | −2.82 pp |
| Q1 2022 | 2022-03-31 | 23.16% | +1.49 pp |
| Q4 2021 | 2021-12-31 | 26.56% | +65.43 pp |
| Q3 2021 | 2021-09-30 | 25.62% | +6.67 pp |
| Q2 2021 | 2021-06-30 | 22.59% | +3.42 pp |
| Q1 2021 | 2021-03-31 | 21.67% | +1.02 pp |
| Q4 2020 | 2020-12-31 | −38.88% | −58.03 pp |
| Q3 2020 | 2020-09-30 | 18.95% | −0.07 pp |
| Q2 2020 | 2020-06-30 | 19.17% | −0.28 pp |
| Q1 2020 | 2020-03-31 | 20.64% | +129.13 pp |
| Q4 2019 | 2019-12-31 | 19.15% | +61.71 pp |
| Q3 2019 | 2019-09-30 | 19.02% | +2.78 pp |
| Q2 2019 | 2019-06-30 | 19.45% | +5.69 pp |
| Q1 2019 | 2019-03-31 | −108.48% | −121.80 pp |
| Q4 2018 | 2018-12-31 | −42.56% | −52.40 pp |
| Q3 2018 | 2018-09-30 | 16.24% | +4.16 pp |
| Q2 2018 | 2018-06-30 | 13.75% | +4.78 pp |
| Q1 2018 | 2018-03-31 | 13.31% | −1.68 pp |
| Q4 2017 | 2017-12-31 | 9.84% | +0.40 pp |
| Q3 2017 | 2017-09-30 | 12.07% | −1.46 pp |
| Q2 2017 | 2017-06-30 | 8.97% | −5.74 pp |
| Q1 2017 | 2017-03-31 | 14.99% | −0.64 pp |
| Q4 2016 | 2016-12-31 | 9.44% | −6.75 pp |
| Q3 2016 | 2016-09-30 | 13.53% | −0.87 pp |
| Q2 2016 | 2016-06-30 | 14.71% | +2.29 pp |
| Q1 2016 | 2016-03-31 | 15.63% | +1.05 pp |
| Q4 2015 | 2015-12-31 | 16.20% | +5.31 pp |
| Q3 2015 | 2015-09-30 | 14.40% | +0.69 pp |
| Q2 2015 | 2015-06-30 | 12.42% | −2.00 pp |
| Q1 2015 | 2015-03-31 | 14.58% | +0.19 pp |
| Q4 2014 | 2014-12-31 | 10.88% | −3.23 pp |
| Q3 2014 | 2014-09-30 | 13.71% | +28.88 pp |
| Q2 2014 | 2014-06-30 | 14.42% | −1.38 pp |
| Q1 2014 | 2014-03-31 | 14.39% | −2.94 pp |
| Q4 2013 | 2013-12-31 | 14.11% | −0.42 pp |
| Q3 2013 | 2013-09-30 | −15.17% | −31.27 pp |
| Q2 2013 | 2013-06-30 | 15.80% | +1.56 pp |
| Q1 2013 | 2013-03-31 | 17.33% | +3.14 pp |
| Q4 2012 | 2012-12-31 | 14.53% | +3.08 pp |
| Q3 2012 | 2012-09-30 | 16.10% | +4.18 pp |
| Q2 2012 | 2012-06-30 | 14.25% | +3.35 pp |
| Q1 2012 | 2012-03-31 | 14.19% | −13.17 pp |
| Q4 2011 | 2011-12-31 | 11.45% | −16.76 pp |
| Q3 2011 | 2011-09-30 | 11.92% | −17.02 pp |
| Q2 2011 | 2011-06-30 | 10.89% | −18.62 pp |
| Q1 2011 | 2011-03-31 | 27.36% | −2.92 pp |
| Q4 2010 | 2010-12-31 | 28.22% | +8.00 pp |
| Q3 2010 | 2010-09-30 | 28.95% | +5.39 pp |
| Q2 2010 | 2010-06-30 | 29.51% | — |
| Q1 2010 | 2010-03-31 | 30.28% | — |
| Q3 2009 | 2009-09-30 | 20.22% | — |
| Q2 2009 | 2009-06-30 | 23.55% | — |
Lumen Technologies operating margin trends
Over the last five reported fiscal years, Lumen Technologies's operating margin decreased from 5.12% to −7.17%, a change of −12.28 percentage points. The latest reported quarter, Q2 2026, shows −3.51%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Lumen Technologies filings at SEC.gov ↗