Lumen Technologies, Inc.LUMNEarnings & Financial Report
Lumen Technologies, Inc. is an American telecommunications company headquartered in Monroe, Louisiana. It offers network, security, cloud, voice, and other managed communications services through its fiber optic and copper networks, data centers and cloud computing services. The company has been included in the S&P 600 index since March 2023, and was previously listed among the S&P 500.
Revenue
$2.9B
Gross Profit
$1.2B
Operating Profit
$-603.0M
Net Profit
$-915.0M
Gross Margin
43.4%
Operating Margin
-21.0%
Net Margin
-31.9%
YoY Growth
-4.9%
EPS
$-0.92
Financial Flow
Lumen Technologies, Inc. Q2 2025 Financial Summary
Lumen Technologies, Inc. reported revenue of $2.9B (down 4.9% YoY) for Q2 2025, with a net profit of $-915.0M (down 1767.3% YoY) (-31.9% margin). Cost of goods sold was $1.6B, operating expenses totaled $1.8B.
Key Financial Metrics
| Total Revenue | $2.9B |
|---|---|
| Net Profit | $-915.0M |
| Gross Margin | 43.4% |
| Operating Margin | -21.0% |
| Report Period | Q2 2025 |
Revenue Breakdown
Lumen Technologies, Inc. Q2 2025 revenue of $2.9B breaks down across 8 segments, led by Large Enterprise at $732.0M (25.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Large Enterprise | $732.0M | 25.5% |
| Harvest | $554.0M | 19.3% |
| Mid Market Enterprise | $500.0M | 17.4% |
| Public Sector | $486.0M | 16.9% |
| Fiber Broadband | $217.0M | 7.6% |
| Other | $175.0M | 6.1% |
| Voice And Other | $140.0M | 4.9% |
| International And Other | $82.0M | 2.9% |
Lumen Technologies, Inc. Revenue by Segment — Quarterly Trend
Lumen Technologies, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Large Enterprise and Harvest) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Large Enterprise | $758.0M | — | $732.0M | $737.0M |
| Harvest | — | $497.0M | $554.0M | $534.0M |
| Mid Market Enterprise | $472.0M | $488.0M | $500.0M | — |
| Public Sector | — | $478.0M | $486.0M | — |
| Fiber Broadband | $232.0M | $225.0M | $217.0M | $209.0M |
Lumen Technologies, Inc. Annual Revenue by Year
Lumen Technologies, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $11.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $11.3B |
| 2024 | $12.1B |
| 2023 | $13.5B |
| 2022 | $17.5B |
Lumen Technologies, Inc. Quarterly Revenue & Net Profit History
Lumen Technologies, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $2.7B | -11.0% | $-2.0M | -0.1% |
| Q3 2025 | $2.8B | -5.4% | $-621.0M | -22.1% |
| Q2 2025 | $2.9B | -4.9% | $-915.0M | -31.9% |
| Q1 2025 | $2.9B | -4.9% | $-201.0M | -6.9% |
| Q4 2024 | $3.1B | -6.1% | $85.0M | 2.8% |
| Q3 2024 | $3.0B | -12.2% | $-148.0M | -5.0% |
| Q2 2024 | $3.0B | -11.1% | $-49.0M | -1.6% |
| Q1 2024 | $3.1B | -11.6% | $57.0M | 1.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.06B | $3.02B | $2.97B | $3.08B | $2.91B | $2.87B | $2.81B | $2.75B |
| YoY Growth | -11.6% | -11.1% | -12.2% | -6.1% | -4.9% | -4.9% | -5.4% | -11.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $33.17B | $32.94B | $33.99B | $33.50B | $33.54B | $32.98B | $34.29B | $34.34B |
| Liabilities | $32.67B | $32.48B | $33.65B | $33.03B | $33.25B | $33.57B | $35.46B | $35.46B |
| Equity | $504.0M | $466.0M | $342.0M | $464.0M | $289.0M | $-595.0M | $-1.17B | $-1.12B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.10B | $511.0M | $2.03B | $688.0M | $1.09B | $570.0M | $2.51B | $562.0M |