Lumen Technologies financials
$5.54+0.18%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.81B | $2.90B | $3.04B | $3.09B | $3.09B | $3.18B | $3.33B | $3.22B | $3.27B | $3.29B | $3.52B | $3.64B |
| Gross profit | $1.39B | $1.46B | $1.41B | $1.39B | $1.47B | $1.50B | $1.62B | $1.53B | $1.61B | $1.64B | $1.78B | $1.79B |
| Gross margin | 49.6% | 50.5% | 46.5% | 44.9% | 47.5% | 47.0% | 48.8% | 47.5% | 49.4% | 49.8% | 50.6% | 49.2% |
| Operating income | -$57.0M | $6.0M | -$200.0M | -$116.0M | -$603.0M | $107.0M | $154.0M | $126.0M | $130.0M | $67.0M | -$1.77B | $245.0M |
| Net income | -$201.0M | -$200.0M | -$2.0M | -$621.0M | -$915.0M | -$201.0M | $85.0M | -$148.0M | -$49.0M | $57.0M | -$2.00B | -$78.0M |
| Net margin | −7.2% | −6.9% | −0.1% | −20.1% | −29.6% | −6.3% | 2.6% | −4.6% | −1.5% | 1.7% | −56.7% | −2.1% |
| Diluted EPS | $-0.20 | $-0.20 | $0.00 | $-0.62 | $-0.92 | $-0.20 | $0.09 | $-0.15 | $-0.05 | $0.06 | $-2.03 | $-0.08 |
| EBITDA | $611.0M | $670.0M | $474.0M | $558.0M | $713.0M | $820.0M | $912.0M | $833.0M | $873.0M | $815.0M | $133.0M | $1.00B |
| Operating cash flow | $971.0M | $1.32B | $562.0M | $2.51B | $570.0M | $1.09B | $688.0M | $2.03B | $511.0M | $1.10B | $784.0M | $881.0M |
| Free cash flow | $69.0M | $380.0M | -$1.08B | $1.47B | -$321.0M | $304.0M | -$227.0M | $1.18B | -$242.0M | $389.0M | -$37.0M | $38.0M |
| Diluted shares | 1,004.1M | 998.9M | 996.4M | 996.0M | 994.5M | 991.3M | 988.4M | 988.8M | 987.2M | 986.3M | 983.0M | 983.6M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.88B | $1.63B | $1.00B | $2.40B | $1.57B | $1.90B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $13.38B | $13.07B | $17.59B | $17.80B | $18.05B | $17.90B |
| Total assets | $30.78B | $30.62B | $34.34B | $34.29B | $32.98B | $33.54B |
| Total liabilities | $32.27B | $31.94B | $35.46B | $35.46B | $33.57B | $33.25B |
| Shareholders' equity | -$1.49B | -$1.32B | -$1.12B | -$1.17B | -$595.0M | $289.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology