Lumen Technologies, Inc. Common Stock (LUMN) Financials
Key financial figures for Lumen Technologies, Inc. Common Stock (Q3 2026).
Lumen's Strategic revenue grew 10% to $1.28 billion in Q3 2026 while total revenue fell 12% to $2.715 billion after the Mass Markets fiber sale, and the full-year outlook was reiterated. Total revenue was $2.715 billion versus $3.087 billion a year earlier (down 12%); Business Revenue was $2.346 billion (down 4%) and Mass Markets Revenue was $369 million (down 42% from $631 million). The quarter includes $27 million of previously deferred Connect America Fund Phase II support revenue. Strategic revenue grew 10% year over year to $1.279 billion, 55% of business revenue, while Legacy revenue fell 17% to $1.067 billion. On the outlook: Full-year 2026 outlook reiterated: Adjusted EBITDA excluding Special Items of $3.1 to $3.3 billion; Free Cash Flow excluding Special Items of $1.9 to $2.1 billion (including $729 million of Mass Markets Fiber-to-the-Home divestiture proceeds classified as operating cash flow); net cash interest of $650 to $750 million; capital expenditures excluding Special Items of $3.2 to $3.4 billion; cash income taxes (refunded) of ($350) to ($450) million. Figures are for Q3 2026, as Lumen Technologies, Inc. reported them.
- Revenue
- $2.7B
- Net Income
- -$265M
- EPS
- $-0.26
- Total Assets
- $30.7B
- Operating Cash Flow
- $518M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $2.7B | -$265M | -$0.26 | -6.15% | -$354M |
| Q2 FY2026 | $2.8B | -$201M | -$0.20 | -3.14% | $69M |
| Q1 FY2026 | $2.9B | -$200M | -$0.20 | 0.21% | $380M |
| Q4 FY2025 | $3.0B | -$2M | -$0.00 | -6.58% | -$1.1B |
| Q3 FY2025 | $3.1B | -$621M | -$0.62 | -3.76% | $1.5B |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $12.4B | -$1.7B | -$1.75 | -1.48% | $371M |
| FY2024 | $13.1B | -$55M | -$0.06 | 3.51% | $1.1B |
| FY2023 | $14.6B | -$10.3B | -$10.48 | -65.84% | -$940M |
Frequently asked questions
What was Lumen Technologies, Inc.'s revenue last quarter?
Lumen Technologies, Inc. reported revenue of $2.72 billion for Q3 FY2026, down 12.1% from the same period a year earlier.
Is Lumen Technologies, Inc. profitable?
Not in its most recent reported period. Lumen Technologies, Inc. reported a net loss of $265.0 million for Q3 FY2026, a net margin of -9.76% on revenue.
How has Lumen Technologies, Inc.'s margin trended?
Operating margin was -6.15% in Q3 FY2026, compared with -3.76% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Lumen Technologies, Inc. generate?
Lumen Technologies, Inc. generated free cash flow of -$354.0 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Lumen Technologies, Inc. Common Stock on SentiSense, with up to forty quarters and twenty fiscal years of history.