LUMN · XBRL financial data

Lumen Technologies financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (LUMN's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	20,712	19,687	17,478	14,557	13,108	12,402
Revenue from contracts with customers	18,797	17,795	16,108	13,521	12,129	11,331
Cost of goods and services sold	8,934	8,488	7,868	7,144	6,703	6,638
Selling, general and administrative	3,464	2,895	3,078	3,198	2,972	3,199
Operating income (loss)	962	4,285	95	(9,584)	460	(812)
Interest expense	1,668	1,522	1,332	1,158	1,372	1,284
Other income (expense)	(76)	(62)	246	(113)	334	120
Income tax expense (benefit)	450	668	557	61	(175)	(977)
Net income (loss)	(1,232)	2,033	(1,548)	(10,298)	(55)	(1,739)
Earnings per share, basic USD per share	(1.14)	1.92	(1.54)	(10.48)	(0.06)	(1.75)
Earnings per share, diluted USD per share	(1.14)	1.91	(1.54)	(10.48)	(0.06)	(1.75)
Weighted average shares, basic millions of shares	1,079	1,060	1,008	983	988	995
Weighted average shares, diluted millions of shares	1,079	1,067	1,008	983	988	995

Fiscal years (LUMN's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	406	354	1,251	2,234	1,889	1,003
Accounts receivable	1,962	1,544	1,477	1,318	1,231	1,314
Total current assets	3,176	11,536	5,420	4,775	4,394	7,909
Property and equipment, net	26,338	20,895	19,166	19,758	20,421	—
Right-of-use asset	1,699	1,451	1,340	1,230	1,119	1,291
Goodwill	18,870	15,986	12,657	1,964	1,964	0
Total assets	59,394	57,993	45,581	34,018	33,496	34,342
Accounts payable	1,134	758	950	1,134	749	1,508
Total current liabilities	6,634	7,169	4,803	3,534	3,639	4,390
Lease liability, non-current	1,405	1,171	1,088	1,040	959	1,113
Accumulated deficit	(8,031)	(5,998)	(7,546)	(17,907)	(17,962)	(19,701)
Total stockholders' equity	11,162	11,840	10,437	417	464	(1,117)
Total liabilities and equity	59,394	57,993	45,581	34,018	33,496	34,342
Common shares outstanding (cover page) millions of shares	1,097	1,023	1,001	1,010	1,014	1,024

Fiscal years (LUMN's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(1,232)	2,033	(1,548)	(10,298)	(55)	(1,739)
Stock-based compensation	175	120	98	52	29	48
Depreciation and amortization	4,710	4,019	3,239	2,985	2,956	2,749
Net cash from operating activities	6,524	6,501	4,735	2,160	4,333	4,738
Net cash from investing activities	(3,564)	(2,712)	5,476	(1,201)	(2,830)	(4,305)
Share repurchases	0	1,000	200	0	0	—
Dividends paid	1,109	1,087	780	11	3	1
Proceeds from long-term debt	4,361	1,881	0	0	1,325	8,158
Repayments of long-term debt	7,315	3,598	8,093	185	2,678	8,818
Net cash from financing activities	(4,250)	(3,807)	(9,313)	(18)	(1,851)	(1,319)
Net change in cash	(1,290)	(18)	898	941	(348)	(886)

SIC 4813 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 4813 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Lumen Technologies	978	2,382	518*	1.0B	Q3 FY26 10-QSep 30, 2026
Frontier Communications Parent	336	1,550	504*	250.3M	Q3 FY25 10-QSep 30, 2025
Qwest	56	1,051	264	0	Q1 FY26 10-QMar 31, 2026
Uniti Group	609	910	79*	242.7M	Q2 FY26 10-QJun 30, 2026
Idt	221	not reported	44*	not reported	Q4 FY26 10-KJul 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.