Lumen Technologies (LUMN)
Enterprise fiber networks and programmable cloud connectivity for businesses, carriers, and hyperscalers.
$6.42
After hours+0.03 (+0.41%)
At close$6.39(−1.08%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,641 | 3,517 | 3,290 | 3,268 | 3,221 | 3,329 | 3,182 | 3,092 | 3,087 | 3,041 | 2,899 | 2,805 |
| Cost of revenue | 1,850 | 2,488 | 1,652 | 2,396 | 1,692 | 1,706 | 1,687 | 1,624 | 1,700 | 1,627 | 1,435 | 1,415 |
| Gross profit | 1,791 | 1,029 | 1,638 | 872 | 1,529 | 1,623 | 1,495 | 1,468 | 1,387 | 1,414 | 1,464 | 1,390 |
| 1,568 | 896 | 1,593 | 742 | 1,403 | 1,469 | 1,388 | 2,071 | 1,503 | 1,614 | 1,458 | 1,478 | |
| 830 | 896 | 823 | 742 | 696 | 711 | 675 | 755 | 829 | 940 | 794 | 779 | |
| Selling & marketing | 0 | 87 | −39 | −37 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 830 | 809 | 862 | 779 | 696 | 711 | 675 | 755 | 829 | 940 | 794 | 779 |
| Other expenses | 738 | 0 | 770 | 0 | 707 | 758 | 713 | 1,316 | 674 | 674 | 664 | 699 |
| Operating income | 223 | 133 | 45 | 130 | 126 | 154 | 107 | −603 | −116 | −200 | 6 | −88 |
| −308 | −2,275 | 57 | −171 | −298 | −273 | −352 | −546 | −697 | −309 | 171 | −167 | |
| Interest income | 0 | 41 | 58 | 14 | 18 | 29 | 21 | 20 | 18 | 16 | 14 | 0 |
| Interest expense | 295 | 290 | 291 | 373 | 351 | 357 | 347 | 338 | 319 | 280 | 225 | 201 |
| Other non-operating income | 13 | 1,985 | −348 | −202 | −53 | −84 | 5 | 208 | 378 | 29 | −396 | 34 |
| Income before tax | −85 | −2,142 | 102 | −41 | −172 | −119 | −245 | −1,149 | −813 | −509 | 177 | −255 |
| Income tax expense | −7 | −147 | 45 | 8 | −24 | −204 | −44 | −234 | −192 | −507 | 377 | −54 |
| Net income from continuing operations | −78 | −1,995 | 57 | −49 | −148 | 85 | −201 | −915 | −621 | −2 | −200 | −201 |
| Net income | −78 | −1,995 | 57 | −49 | −148 | 85 | −201 | −915 | −621 | −2 | −200 | −201 |
| EPS, basic | −$0.08 | −$2.03 | $0.06 | −$0.05 | −$0.15 | $0.09 | −$0.20 | −$0.92 | −$0.62 | −$0.00 | −$0.20 | −$0.20 |
| EPS, diluted | −$0.08 | −$2.03 | $0.06 | −$0.05 | −$0.15 | $0.09 | −$0.20 | −$0.92 | −$0.62 | −$0.00 | −$0.20 | −$0.20 |
| Weighted average shares, basic | 975 | 984 | 985 | 987 | 989 | 988 | 991 | 991 | 996 | 996 | 999 | 1,004 |
| Weighted average shares, diluted | 984 | 984 | 986 | 987 | 989 | 988 | 991 | 991 | 996 | 996 | 999 | 1,004 |
| EBITDA | 965 | −1,101 | 1,141 | 1,075 | 886 | 996 | 815 | −123 | 180 | 445 | 1,066 | 546 |
| Depreciation & amortization | 755 | 751 | 748 | 743 | 707 | 758 | 713 | 688 | 674 | 674 | 664 | 668 |
| EBIT | 210 | −1,852 | 393 | 332 | 179 | 238 | 102 | −811 | −494 | −229 | 402 | −122 |
