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Side-by-side financial comparison of Lumen Technologies, Inc. (LUMN) and INSPERITY, INC. (NSP). Click either name above to swap in a different company.

Lumen Technologies, Inc. is the larger business by last-quarter revenue ($2.7B vs $1.7B, roughly 1.6× INSPERITY, INC.). On growth, INSPERITY, INC. posted the faster year-over-year revenue change (3.4% vs -11.0%). INSPERITY, INC. produced more free cash flow last quarter ($246.0M vs $-1.1B). Over the past eight quarters, INSPERITY, INC.'s revenue compounded faster (-3.8% CAGR vs -5.3%).

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.

Insperity, Inc., previously known as Administaff, Inc., is a professional employer organization (PEO) headquartered in Kingwood, an area of Houston, Texas, USA. Insperity provides human resources and administrative services to small and medium-sized businesses. Since 2004, the company has been title sponsor of a professional golf tournament on the Champions Tour, previously known as the Administaff Small Business Classic.

LUMN vs NSP — Head-to-Head

Bigger by revenue
LUMN
LUMN
1.6× larger
LUMN
$2.7B
$1.7B
NSP
Growing faster (revenue YoY)
NSP
NSP
+14.4% gap
NSP
3.4%
-11.0%
LUMN
More free cash flow
NSP
NSP
$1.3B more FCF
NSP
$246.0M
$-1.1B
LUMN
Faster 2-yr revenue CAGR
NSP
NSP
Annualised
NSP
-3.8%
-5.3%
LUMN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LUMN
LUMN
NSP
NSP
Revenue
$2.7B
$1.7B
Net Profit
$-2.0M
Gross Margin
40.7%
10.3%
Operating Margin
-7.3%
-2.8%
Net Margin
-0.1%
Revenue YoY
-11.0%
3.4%
Net Profit YoY
-102.4%
EPS (diluted)
$-0.01
$-0.87

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LUMN
LUMN
NSP
NSP
Q4 25
$2.7B
$1.7B
Q3 25
$2.8B
$1.6B
Q2 25
$2.9B
$1.7B
Q1 25
$2.9B
$1.9B
Q4 24
$3.1B
$1.6B
Q3 24
$3.0B
$1.6B
Q2 24
$3.0B
$1.6B
Q1 24
$3.1B
$1.8B
Net Profit
LUMN
LUMN
NSP
NSP
Q4 25
$-2.0M
Q3 25
$-621.0M
$-20.0M
Q2 25
$-915.0M
$-5.0M
Q1 25
$-201.0M
$51.0M
Q4 24
$85.0M
Q3 24
$-148.0M
$3.0M
Q2 24
$-49.0M
$18.0M
Q1 24
$57.0M
$79.0M
Gross Margin
LUMN
LUMN
NSP
NSP
Q4 25
40.7%
10.3%
Q3 25
39.4%
12.0%
Q2 25
43.4%
13.4%
Q1 25
42.0%
16.6%
Q4 24
44.7%
13.5%
Q3 24
43.0%
14.7%
Q2 24
45.2%
16.2%
Q1 24
46.0%
19.1%
Operating Margin
LUMN
LUMN
NSP
NSP
Q4 25
-7.3%
-2.8%
Q3 25
-4.1%
-1.5%
Q2 25
-21.0%
-0.4%
Q1 25
3.7%
3.7%
Q4 24
5.0%
-0.9%
Q3 24
4.2%
0.1%
Q2 24
4.5%
1.4%
Q1 24
1.5%
6.0%
Net Margin
LUMN
LUMN
NSP
NSP
Q4 25
-0.1%
Q3 25
-22.1%
-1.2%
Q2 25
-31.9%
-0.3%
Q1 25
-6.9%
2.7%
Q4 24
2.8%
Q3 24
-5.0%
0.2%
Q2 24
-1.6%
1.1%
Q1 24
1.9%
4.4%
EPS (diluted)
LUMN
LUMN
NSP
NSP
Q4 25
$-0.01
$-0.87
Q3 25
$-0.62
$-0.53
Q2 25
$-0.92
$-0.14
Q1 25
$-0.20
$1.35
Q4 24
$0.08
$-0.21
Q3 24
$-0.15
$0.07
Q2 24
$-0.05
$0.48
Q1 24
$0.06
$2.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LUMN
LUMN
NSP
NSP
Cash + ST InvestmentsLiquidity on hand
$1.0B
$682.0M
Total DebtLower is stronger
$17.4B
Stockholders' EquityBook value
$-1.1B
$46.0M
Total Assets
$34.3B
$2.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LUMN
LUMN
NSP
NSP
Q4 25
$1.0B
$682.0M
Q3 25
$2.4B
$521.0M
Q2 25
$1.6B
$511.0M
Q1 25
$1.9B
$684.0M
Q4 24
$1.9B
$1.2B
Q3 24
$2.6B
$596.0M
Q2 24
$1.5B
$850.0M
Q1 24
$1.6B
$801.0M
Total Debt
LUMN
LUMN
NSP
NSP
Q4 25
$17.4B
Q3 25
$17.6B
Q2 25
$17.6B
Q1 25
$17.3B
Q4 24
$17.5B
Q3 24
$18.1B
Q2 24
$18.4B
Q1 24
$18.6B
Stockholders' Equity
LUMN
LUMN
NSP
NSP
Q4 25
$-1.1B
$46.0M
Q3 25
$-1.2B
$87.0M
Q2 25
$-595.0M
$112.0M
Q1 25
$289.0M
$119.0M
Q4 24
$464.0M
$97.0M
Q3 24
$342.0M
$125.0M
Q2 24
$466.0M
$142.0M
Q1 24
$504.0M
$140.0M
Total Assets
LUMN
LUMN
NSP
NSP
Q4 25
$34.3B
$2.2B
Q3 25
$34.3B
$2.0B
Q2 25
$33.0B
$2.0B
Q1 25
$33.5B
$2.1B
Q4 24
$33.5B
$2.6B
Q3 24
$34.0B
$1.9B
Q2 24
$32.9B
$2.1B
Q1 24
$33.2B
$2.1B
Debt / Equity
LUMN
LUMN
NSP
NSP
Q4 25
Q3 25
Q2 25
Q1 25
59.98×
Q4 24
37.70×
Q3 24
53.05×
Q2 24
39.51×
Q1 24
36.89×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LUMN
LUMN
NSP
NSP
Operating Cash FlowLast quarter
$562.0M
$255.0M
Free Cash FlowOCF − Capex
$-1.1B
$246.0M
FCF MarginFCF / Revenue
-39.4%
14.7%
Capex IntensityCapex / Revenue
59.9%
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$371.0M
$-309.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LUMN
LUMN
NSP
NSP
Q4 25
$562.0M
$255.0M
Q3 25
$2.5B
$-11.0M
Q2 25
$570.0M
$-79.0M
Q1 25
$1.1B
$-443.0M
Q4 24
$688.0M
$619.0M
Q3 24
$2.0B
$-150.0M
Q2 24
$511.0M
$20.0M
Q1 24
$1.1B
$31.0M
Free Cash Flow
LUMN
LUMN
NSP
NSP
Q4 25
$-1.1B
$246.0M
Q3 25
$1.5B
$-20.0M
Q2 25
$-321.0M
$-86.0M
Q1 25
$304.0M
$-449.0M
Q4 24
$-227.0M
$606.0M
Q3 24
$1.2B
$-164.0M
Q2 24
$-242.0M
$14.0M
Q1 24
$389.0M
$26.0M
FCF Margin
LUMN
LUMN
NSP
NSP
Q4 25
-39.4%
14.7%
Q3 25
52.4%
-1.2%
Q2 25
-11.2%
-5.2%
Q1 25
10.4%
-24.1%
Q4 24
-7.4%
37.6%
Q3 24
39.8%
-10.5%
Q2 24
-8.0%
0.9%
Q1 24
12.7%
1.4%
Capex Intensity
LUMN
LUMN
NSP
NSP
Q4 25
59.9%
0.5%
Q3 25
37.1%
0.6%
Q2 25
31.1%
0.4%
Q1 25
27.2%
0.3%
Q4 24
29.7%
0.8%
Q3 24
28.6%
0.9%
Q2 24
25.0%
0.4%
Q1 24
23.3%
0.3%
Cash Conversion
LUMN
LUMN
NSP
NSP
Q4 25
Q3 25
Q2 25
Q1 25
-8.69×
Q4 24
8.09×
Q3 24
-50.00×
Q2 24
1.11×
Q1 24
19.33×
0.39×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LUMN
LUMN

Large Enterprise$758.0M28%
Wholesale$661.0M24%
Mid Market Enterprise$472.0M17%
Fiber Broadband$232.0M8%
Other Broadband$218.0M8%
Other$184.0M7%
Voice And Other$166.0M6%
International And Other$77.0M3%

NSP
NSP

Northeast$455.0M27%
West$339.0M20%
Southwest$317.0M19%
Central$299.0M18%
Southeast$241.0M14%
Other Revenues$17.0M1%

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