# Lumen Technologies, Inc.: overview

LUMN · Nasdaq · CIK 18926 · [Communication](/sectors/communication.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/lumn.md) · [Financials](/companies/lumn/financials.md) · [Filings](/companies/lumn/filings.md) · [Insiders](/companies/lumn/insiders.md)

Latest reported revenue: [$2.51bn](/filings/0000018926-26-000060.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 4, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0000018926-26-000060).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2,967](/filings/0000018926-25-000111.md) | [3,083 d](/filings/0000018926-26-000014.md) | [2,911](/filings/0000018926-26-000046.md) | [2,869](/filings/0000018926-26-000060.md) | [2,806](/filings/0000018926-25-000111.md) | [2,745 d](/filings/0000018926-26-000014.md) | [2,598](/filings/0000018926-26-000046.md) | [2,507](/filings/0000018926-26-000060.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [4.2%](/filings/0000018926-25-000111.md) | [5.0% d](/filings/0000018926-26-000014.md) | [3.7%](/filings/0000018926-26-000046.md) | [(21.0%)](/filings/0000018926-26-000060.md) | [(4.1%)](/filings/0000018926-25-000111.md) | [(7.3%) d](/filings/0000018926-26-000014.md) | [23.2%](/filings/0000018926-26-000046.md) | [(3.5%)](/filings/0000018926-26-000060.md) |
| Net margin | % | [(5.0%)](/filings/0000018926-25-000111.md) | [2.8% d](/filings/0000018926-26-000014.md) | [(6.9%)](/filings/0000018926-26-000046.md) | [(31.9%)](/filings/0000018926-26-000060.md) | [(22.1%)](/filings/0000018926-25-000111.md) | [(0.1%) d](/filings/0000018926-26-000014.md) | [(7.7%)](/filings/0000018926-26-000046.md) | [(8.0%)](/filings/0000018926-26-000060.md) |
| Diluted EPS | $ per share | [(0.15)](/filings/0000018926-25-000111.md) | not reported | [(0.20)](/filings/0000018926-26-000046.md) | [(0.92)](/filings/0000018926-26-000060.md) | [(0.62)](/filings/0000018926-25-000111.md) | not reported | [(0.20)](/filings/0000018926-26-000046.md) | [(0.20)](/filings/0000018926-26-000060.md) |
| Free cash flow | $m | [1,182 d](/filings/0000018926-25-000111.md) | [(227) d](/filings/0000018926-26-000014.md) | [304](/filings/0000018926-26-000046.md) | [(321) d](/filings/0000018926-26-000060.md) | [1,470 d](/filings/0000018926-25-000111.md) | [(1,082) d](/filings/0000018926-26-000014.md) | [380](/filings/0000018926-26-000046.md) | [69.0 d](/filings/0000018926-26-000060.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [17.8](/filings/0000018926-24-000016.md) | [16.1](/filings/0000018926-25-000010.md) | [13.5](/filings/0000018926-26-000014.md) | [12.1](/filings/0000018926-26-000014.md) | [11.3](/filings/0000018926-26-000014.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [24.1%](/filings/0000018926-24-000016.md) | [0.6%](/filings/0000018926-25-000010.md) | [(70.9%)](/filings/0000018926-26-000014.md) | [3.8%](/filings/0000018926-26-000014.md) | [(7.2%)](/filings/0000018926-26-000014.md) |
| Net margin | % | [11.4%](/filings/0000018926-24-000016.md) | [(9.6%)](/filings/0000018926-25-000010.md) | [(76.2%)](/filings/0000018926-26-000014.md) | [(0.5%)](/filings/0000018926-26-000014.md) | [(15.3%)](/filings/0000018926-26-000014.md) |
| Diluted EPS | $ per share | [1.91](/filings/0000018926-24-000016.md) | [(1.54)](/filings/0000018926-25-000010.md) | [(10.48)](/filings/0000018926-26-000014.md) | [(0.06)](/filings/0000018926-26-000014.md) | [(1.75)](/filings/0000018926-26-000014.md) |
| Free cash flow | $bn | [3.6](/filings/0000018926-24-000016.md) | [1.7](/filings/0000018926-25-000010.md) | [(0.9)](/filings/0000018926-26-000014.md) | [1.1](/filings/0000018926-26-000014.md) | [0.4](/filings/0000018926-26-000014.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/lumn/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $1.09bn | 142,261,845 |  | Added +4,796,141 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $472.1m | 61,471,506 |  | Reduced −648,403 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $368.7m | 48,003,189 |  | Added +1,990,860 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $348.1m | 45,326,716 |  | Added +13,914,796 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $322.9m | 42,038,158 |  | Added +406,949 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $191.1m | 24,824,381 |  | Added +1,956,800 |
| [D. E. Shaw & Co., Inc.](/funds/1009207.md) | 2026-06-30 | $134.4m | 17,493,715 |  | Added +2,459,602 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $130.4m | 16,979,054 |  | Reduced −5,564,891 |
| [CHARLES SCHWAB INVESTMENT MANAGEMENT INC](/funds/884546.md) | 2026-06-30 | $122.6m | 15,969,245 |  | Reduced −1,206,323 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $112.2m | 14,609,695 |  | Reduced −384,945 |

## Recent filings

[All 1,863 filings](/companies/lumn/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-23 | 16:08 ET | [8-K](/filings/0000018926-26-000065.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0000018926-26-000065 |
| 2026-09-25 | 12:39 ET | [8-K](/filings/0000947871-26-000891.md) | 3.01 Delisting notice; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000947871-26-000891 |
| 2026-08-04 | 20:29 ET | [10-Q](/filings/0000018926-26-000060.md) | Quarterly report, period 2026-06-30 | 0000018926-26-000060 |
| 2026-08-04 | 20:16 ET | [8-K](/filings/0000018926-26-000058.md) | 2.02 Results of operations; 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000018926-26-000058 |
| 2026-06-11 | 20:52 ET | [8-K](/filings/0001193125-26-267799.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-267799 |
| 2026-06-10 | 12:56 ET | [8-K](/filings/0001193125-26-265145.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-265145 |
| 2026-05-27 | 10:02 ET | [8-K](/filings/0001193125-26-240338.md) | 5.02 Departure or appointment of officers or directors; 5.03 Amendment to articles or bylaws; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001193125-26-240338 |
| 2026-05-21 | 20:05 ET | [8-K](/filings/0001193125-26-234400.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001193125-26-234400 |
| 2026-05-20 | 20:46 ET | [8-K](/filings/0001193125-26-232747.md) | 1.01 Entry into a material agreement; 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-232747 |
| 2026-05-20 | 20:07 ET | [8-K](/filings/0001193125-26-232567.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001193125-26-232567 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0000018926-26-000014.md), filed Feb 20, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/64045b14-9219-4651-942e-e7e636f73ddd)

## About the filer

- CIK: 18926
- Tickers: LUMN
- Exchange: Nasdaq
- SIC code: 4813 Telephone Communications (No Radiotelephone)
- State of incorporation: LA
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:17 ET. No prices; not investment advice.