Lumen Q2 revenue falls 9% to $2.805 billion; net loss narrows to $201 million
Lumen Technologies reported second quarter 2026 results with total revenue of $2.805 billion, down 9% from $3.092 billion a year earlier, and a net loss of $201 million, compared with $915 million a year earlier. Adjusted EBITDA excluding special items fell to $802 million from $877 million, and the company reiterated its full-year 2026 outlook. The filing also disclosed the closing of the Alkira acquisition and the appointment of John Hinshaw to the board.
Key points
- Total revenue was $2.805 billion, down from $3.092 billion, with Mass Markets revenue falling to $361 million from $602 million
- Diluted loss per share was $(0.20), compared with $(0.92) a year earlier; excluding special items, it was $(0.07) versus $(0.03)
- Full-year 2026 outlook was reiterated, including adjusted EBITDA excluding special items of $3.1 to $3.3 billion and free cash flow excluding special items of $1.9 to $2.1 billion
- John Hinshaw was appointed to the board effective immediately, with a prorated restricted stock unit grant valued at a target of $176,250
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 August 04, 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.