Lumen Technologies Q4 revenue falls 9% to $3.041 billion; net loss of $2 million
Lumen reported fourth-quarter 2025 revenue of $3.041 billion, down 9% from $3.329 billion a year earlier, and a reported net loss of $2 million, compared with net income of $85 million in the prior-year quarter. The company also closed its $5.75 billion AT&T transaction and issued 2026 guidance calling for Adjusted EBITDA of $3.1 to $3.3 billion, which gives shareholders a clearer view of the company's post-transaction financial profile.
Key points
- Q4 2025 revenue was $3.041 billion, down from $3.329 billion; full-year revenue was $12.402 billion, down from $13.108 billion.
- Q4 reported net loss was $2 million; excluding Special Items, diluted EPS was $0.23 versus $0.09 a year earlier.
- Q4 Adjusted EBITDA excluding Special Items was $767 million, down from $1.052 billion; full-year reported net loss was $1.739 billion.
- The AT&T transaction closed, reducing total debt by over $4.8 billion; 2026 outlook includes Free Cash Flow of $1.2 to $1.4 billion.
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.