Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026

Lumen Technologies (LUMN)

Nasdaq Communication Services Alternative Carriers S&P SmallCap 600
$3.99
+0.01 (+0.25%)
Close of Nov 06, 2026 · end-of-day data
Source: Lumen Technologies's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$17.47B$17.66B$21.04B$19.50B$18.80B$17.80B$16.11B$13.52B$12.13B$11.33B
Cost of revenue$7.77B$8.20B$10.00B$9.13B$8.93B$8.49B$7.87B$7.14B$6.70B$6.64B
Gross profit$9.70B$9.45B$11.04B$10.37B$9.86B$9.31B$8.24B$6.38B$5.43B$4.69B
Selling, general & admin$3.45B$3.51B$4.17B$3.71B$3.46B$2.90B$3.08B$3.20B$2.97B$3.20B
Operating income$2.33B$2.01B$570.00M-$2.73B$962.00M$4.29B$95.00M-$9.58B$460.00M-$812.00M
Interest expense$1.32B$1.48B$2.18B$2.02B$1.67B$1.52B$1.33B$1.16B$1.37B$1.28B
Pre-tax income$1.02B$540.00M-$1.56B-$4.77B-$782.00M$2.70B-$991.00M-$10.24B-$230.00M-$2.72B
Income tax$394.00M-$849.00M$170.00M$503.00M$450.00M$668.00M$557.00M$61.00M-$175.00M-$977.00M
Net income$626.00M$1.39B-$1.73B-$5.27B-$1.23B$2.03B-$1.55B-$10.30B-$55.00M-$1.74B
EBITDA$6.25B$5.95B$5.69B$2.10B$5.67B$8.30B$3.33B-$6.60B$3.42B$1.94B
EPS (basic)$1.16$2.21$-1.63$-4.92$-1.14$1.92$-1.54$-10.48$-0.06$-1.75
EPS (diluted)$1.16$2.21$-1.63$-4.92$-1.14$1.91$-1.54$-10.48$-0.06$-1.75
Diluted shares540.68M628.69M1.07B1.07B1.08B1.07B1.01B983.08M987.68M994.55M
Gross margin55.5%53.5%52.5%53.2%52.5%52.3%51.2%47.2%44.7%41.4%
Operating margin13.4%11.4%2.7%-14.0%5.1%24.1%0.6%-70.9%3.8%-7.2%
Net margin3.6%7.9%-8.2%-27.0%-6.6%11.4%-9.6%-76.2%-0.5%-15.3%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$222.00M$551.00M$488.00M$1.69B$406.00M$354.00M$1.25B$2.23B$1.89B$1.00B
Receivables$2.02B$2.56B$2.40B$2.26B$1.96B$1.54B$1.51B$1.32B$1.23B$1.31B
Total current assets$5.16B$4.19B$3.82B$4.77B$3.18B$11.54B$5.45B$4.78B$4.39B$7.91B
Goodwill$19.65B$30.48B$28.03B$21.53B$18.87B$15.99B$12.66B$1.96B$1.96B$0
Total assets$47.02B$75.61B$70.26B$64.74B$59.39B$57.99B$45.61B$34.02B$33.50B$34.34B
Total current liabilities$5.35B$4.86B$5.53B$7.26B$6.63B$7.17B$4.90B$3.53B$3.64B$4.39B
Short-term debt$1.50B$443.00M$652.00M$2.30B$2.43B$1.55B$154.00M$157.00M$412.00M$88.00M
Long-term debt$18.18B$37.28B$35.41B$32.39B$29.41B$27.43B$20.42B$19.83B$17.49B$17.35B
Total debt$19.69B$37.73B$36.06B$34.69B$31.84B$28.98B$20.57B$19.99B$17.91B$17.44B
Total liabilities$33.62B$52.12B$50.43B$51.27B$48.23B$46.22B$35.24B$33.60B$33.03B$35.46B
Shareholders' equity$13.40B$23.49B$19.83B$13.47B$11.16B$11.78B$10.37B$417.00M$464.00M-$1.12B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$4.61B$3.88B$7.03B$6.68B$6.52B$6.50B$4.74B$2.16B$4.33B$4.74B
Capital expenditures$2.98B$3.11B$3.17B$3.63B$3.73B$2.90B$3.02B$3.10B$3.23B$4.37B
Free cash flow$1.63B$772.00M$3.86B$3.05B$2.79B$3.60B$1.72B-$940.00M$1.10B$371.00M
Investing cash flow-$2.99B-$8.87B-$3.08B-$3.57B-$3.56B-$2.71B$5.48B-$1.20B-$2.83B-$4.30B
Financing cash flow-$1.52B$5.36B-$4.02B-$1.91B-$4.25B-$3.81B-$9.31B-$18.00M-$1.85B-$1.32B
Dividends paid$1.17B$1.45B$2.31B$1.10B$1.11B$1.09B$780.00M$11.00M$3.00M$1.00M
Share buybacks$16.00M$17.00M—$0$0$1.00B$200.00M$0$0—
Stock-based compensation$80.00M$111.00M$186.00M$162.00M$175.00M$120.00M$98.00M$52.00M$29.00M$48.00M
Depreciation & amortization$3.92B$3.94B$5.12B$4.83B$4.71B$4.02B$3.24B$2.98B$2.96B$2.75B

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.