Company / Cost of Revenue
Lumen Technologies Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$6.6B
FY2025
5-year range
$6.6B / $8.5B
FY2021-FY2025
Trend
-1.0%
vs FY2024
Sector context
#5 of 30
Communication Services
What the data says
Lumen Technologies's cost of revenue of $6.6B is higher than 83% of companies in the Communication Services sector (FY2025). Cost of Revenue has declined for 7 consecutive years, from $10.0B in FY2018 to $6.6B in FY2025.
Based on SEC 10-K filings.
$6.6B in FY2025 with a 5-year CAGR of -5.8%. Top quartile in the Communication Services sector.
Improved from $7.1B to $6.6B over the past 2 years.
Communication Services sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- -5.5%
- 5-Year CAGR
- -5.8%
- 10-Year CAGR
- -
Sector benchmark
-25.6% below sector average
Key checks
Key Insights
- Lumen Technologies's cost of revenue has declined for 7 consecutive years.
- 5-year CAGR of -5.8%, indicating a declining trend.
- In FY2025, cost of revenue decreased 1.0% year-over-year.
- Ranks #5 out of 30 companies in the Communication Services sector.
Company context
Key Data Points
- Altman Z-Score -0.14 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $6.6B | -1.0% |
| FY2024 | $6.7B | -6.2% |
| FY2023 | $7.1B | -9.2% |
| FY2022 | $7.9B | -7.3% |
| FY2021 | $8.5B | -5.0% |
| FY2020 | $8.9B | -2.2% |
| FY2019 | $9.1B | -8.7% |
| FY2018 | $10.0B | +21.9% |
| FY2017 | $8.2B | +5.5% |
| FY2016 | $7.8B | -0.1% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026