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