Lumen Technologies financials
$5.54+0.18%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | $12.40B | $13.11B | $14.56B | $17.48B | $19.69B | $20.71B |
| Gross profit | $5.76B | $6.41B | $7.41B | $9.61B | $11.20B | $11.78B |
| Gross margin | 46.5% | 48.9% | 50.9% | 55.0% | 56.9% | 56.9% |
| Operating income | -$812.0M | $477.0M | -$9.46B | $22.0M | $4.29B | $962.0M |
| Net income | -$1.74B | -$55.0M | -$10.30B | -$1.55B | $2.03B | -$1.23B |
| Net margin | −14.0% | −0.4% | −70.7% | −8.9% | 10.3% | −5.9% |
| Diluted EPS | $-1.75 | $-0.06 | $-10.48 | $-1.54 | $1.91 | $-1.14 |
| EBITDA | $2.56B | $3.43B | $4.21B | $6.53B | $8.30B | $8.31B |
| Operating cash flow | $4.74B | $4.33B | $2.16B | $4.74B | $6.50B | $6.52B |
| Free cash flow | $371.0M | $1.10B | -$940.0M | $1.72B | $3.60B | $2.79B |
| Diluted shares | 994.5M | 987.7M | 983.1M | 1,007.5M | 1,066.8M | 1,079.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.00B | $1.89B | $2.23B | $1.25B | $354.0M | $406.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $17.59B | $18.10B | $20.16B | $20.75B | $29.26B | $32.13B |
| Total assets | $34.34B | $33.50B | $34.02B | $45.61B | $57.99B | $59.39B |
| Total liabilities | $35.46B | $33.03B | $33.60B | $35.24B | $46.15B | $48.23B |
| Shareholders' equity | -$1.12B | $464.0M | $417.0M | $10.37B | $11.84B | $11.16B |
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