Lumen Technologies Inc (LUMN)

Net profit margin

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands -10,298,000 -11,372,000 -10,716,000 -1,636,000 -1,548,000 2,029,000 1,995,000 2,157,000 2,033,000 -764,000 -942,000 -1,071,000 -1,232,000 1,280,000 1,216,000 1,210,000 -5,269,000 -7,904,000 -7,934,000 -8,013,000
Revenue (ttm) US$ in thousands 14,557,000 14,840,000 15,589,000 16,540,000 17,478,000 18,525,000 19,022,000 19,334,000 19,687,000 19,965,000 20,245,000 20,513,000 20,712,000 21,157,000 21,340,000 21,523,000 21,722,000 21,930,000 22,398,000 22,925,000
Net profit margin -70.74% -76.63% -68.74% -9.89% -8.86% 10.95% 10.49% 11.16% 10.33% -3.83% -4.65% -5.22% -5.95% 6.05% 5.70% 5.62% -24.26% -36.04% -35.42% -34.95%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-10,298,000K ÷ $14,557,000K
= -70.74%

The net profit margin of Lumen Technologies Inc has exhibited significant fluctuations over the past eight quarters. In Q4 2023 and Q3 2023, the company reported negative net profit margins of -70.74% and -76.63%, respectively, indicating that the company incurred substantial losses relative to its revenue in those periods. These results suggest operational challenges or one-time expenses impacting profitability.

Prior to these recent quarters, Lumen had shown more favorable net profit margins in Q1 and Q2 of 2022, with percentages of 11.16% and 10.49%, respectively. However, the margins declined in Q3 and Q4 of 2022 to 10.95% and 8.86%, demonstrating a decrease in profitability.

The negative net profit margins in the latest quarters, Q4 and Q3 2023, are of particular concern as they indicate a continuing trend of unprofitability and potential financial difficulties for the company. Further analysis of Lumen's cost structure, revenue streams, and overall business performance would be necessary to understand the underlying reasons for these fluctuations in net profit margin.


Peer comparison

Dec 31, 2023