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.
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.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
From Lumen Technologies's 10-Q and 10-K filings (SEC XBRL). YoY compares each quarter with the same quarter a year earlier; it is blank when the year-ago figure is missing or negative.
Annual results
Fiscal year
Revenue
Growth
EPS (diluted)
Growth
Net margin
FY2025
$11.33B
-6.6%
$-1.75
—
-15.3%
FY2024
$12.13B
-10.3%
$-0.06
—
-0.5%
FY2023
$13.52B
-16.1%
$-10.48
—
-76.2%
FY2022
$16.11B
-9.5%
$-1.54
-180.6%
-9.6%
FY2021
$17.80B
-5.3%
$1.91
—
11.4%
Frequently asked questions
When is Lumen Technologies's next earnings date?
Lumen Technologies has not announced a report date within the next three weeks. US companies usually report three to six weeks after each quarter ends; this page updates as soon as the date is on the calendar.
What did Lumen Technologies earn last quarter?
For the quarter ended Sep 2026, Lumen Technologies reported diluted EPS of $-0.26 on revenue of $2.38B (-15.1%).
Where do these numbers come from?
Reported revenue, net income and EPS come from the company's own 10-Q and 10-K filings with the SEC (XBRL data). The report date and consensus estimate come from the Nasdaq earnings calendar.
Not investment advice. Figures can be restated by the company in later filings.