AI brief of an SEC Form 8-K · Lumen Technologies (LUMN)

Lumen Technologies Q3 net loss narrows to $265 million; revenue falls 12%

Mixed Impact 3 of 5 earnings

Lumen Technologies reported third-quarter 2026 results on November 4, 2026. Revenue fell 12% year over year to $2.72 billion, while the net loss narrowed to $265 million from $621 million, and Strategic revenue grew 10% to $1.28 billion. The company reiterated its full-year 2026 outlook, which matters to shareholders because the profit improvement came alongside lower revenue and adjusted EBITDA.

Key points

  • Total revenue was $2.715 billion versus $3.087 billion a year earlier; Mass Markets revenue fell to $369 million from $631 million.
  • Diluted loss per share was $0.26 versus $0.62; excluding special items, it was $0.14 versus $0.20.
  • Adjusted EBITDA excluding special items was $715 million versus $787 million in the third quarter of 2025.
  • The 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.

The filing

CompanyLumen Technologies (LUMN)
Form8-K, current report
Filed with the SECNov 4, 2026, 4:17 PM ET
Accession number0000018926-26-000071

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.

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.