Stocks Telecommunications LUMN
NYSE · TelecommunicationsLumen Technologies, Inc. (LUMN)
Lumen Technologies, Inc. brought in $11.5B of revenue over the twelve months to September 30, 2026, down 9.7% from a year earlier. It posted a net loss of $668M. Operating cash flow minus capital spending left $371M of free cash flow in fiscal 2025. At September 30, 2026 it held $978M in cash against $13.2B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 4, 2026.
Key facts about Lumen Technologies, Inc.
- Net worth
- Lumen Technologies, Inc. has a market value (market cap) of $4.9B at the latest share price, and shareholders' equity of -$1.7B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $12.4B (-5.4% year on year), with a net loss of $1.7B. Over the 12 months to September 30, 2026: revenue $11.5B, net loss $668M.
- Cash flow
- In fiscal 2025 operations brought in $4.7B of cash; after $4.4B of capital spending, free cash flow was $371M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 4, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Lumen Technologies, Inc.'s next report is expected around February 3, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Lumen Technologies, Inc. does
Lumen Technologies, Inc. is registered with the SEC under industry code SIC 4813 (Telephone Communications (No Radiotelephone)). Its shares trade on NYSE under the ticker LUMN.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $12.4B | -$1.7B | -$1.75 | $371M |
| 2024 | $13.1B | -$55M | -$0.06 | $1.1B |
| 2023 | $14.6B | -$10.3B | -$10.48 | -$940M |
| 2022 | $17.5B | -$1.5B | -$1.54 | $1.7B |
| 2021 | $19.7B | $2B | $1.91 | $3.6B |
| 2020 | $20.7B | -$1.2B | -$1.14 | $2.8B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where LUMN ranks in Telecommunications
Dividends
It paid out $1M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $1M | n/a |
| 2024 | $0.00 | $3M | n/a |
| 2023 | $0.00 | $11M | n/a |
| 2022 | $0.75 | $780M | n/a |
| 2021 | $1.00 | $1.1B | 53% |
| 2020 | $1.00 | $1.1B | n/a |
Latest SEC filings
What Lumen Technologies, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 4, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 12% to $2.7B versus the same quarter last year; diluted EPS -$0.26 versus -$0.62.
- November 4, 2026
- November 2, 2026Passive stake changed SCHEDULE 13G/A
- October 23, 2026
- October 5, 2026
- September 25, 2026
- August 4, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 9.3% to $2.8B versus the same quarter last year; diluted EPS -$0.20 versus -$0.92.
- August 4, 2026
- June 11, 2026Other event 8-K
- June 10, 2026Other event 8-K
What is LUMN worth? A DCF from its reported cash flow
Insider trades
What the people running Lumen Technologies, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $494.6K worth of shares on the open market in the last 90 days and sold none.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 6, 2026 | Goldberg Michelle JDirector | Bought | 25,000 | $97.7K |
| November 6, 2026 | Johnson Kathleen EChief Executive Officer, Director | Boughtindirect | 100,000 | $396.9K |
| September 23, 2026 | Holt Donald LeroyChief Acctg. Off. & Controller | Shares withheld for tax | 2,538 | $15.6K |
| August 6, 2026 | Johnson Kathleen EChief Executive Officer, Director | Boughtindirect | 100,000 | $612.7K |
| August 5, 2026 | Hinshaw John MDirector | Received as pay | 27,350 | $166.3K |
| May 21, 2026 | Chilton Kevin P.Director | Received as pay | 25,197 | $237.9K |
| May 21, 2026 | Capossela Christopher CDirector | Received as pay | 25,197 | $237.9K |
| May 21, 2026 | Bejar Martha HelenaDirector | Received as pay | 25,197 | $237.9K |
Who owns LUMN
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Dan Hagan13G, passive | 7.3% | November 2, 2026 |
| Vanguard Portfolio Management13G, passive | 6.11% | April 29, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 622 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 142,261,845 | +4,796,141 |
| Vanguard Portfolio Management LLC | 61,471,506 | -648,403 |
| State Street Corp | 48,003,189 | +1,990,860 |
| Fmr LLC | 45,326,716 | +13,914,796 |
| Vanguard Capital Management LLC | 42,038,158 | +406,949 |
| Geode Capital Management, LLC | 24,824,381 | +1,956,800 |
| D. E. Shaw & Co., Inc. | 17,493,715 | +2,459,602 |
| Goldman Sachs Group Inc | 16,979,054 | -5,564,891 |
| Charles Schwab Investment Management Inc | 15,969,245 | -1,206,323 |
| Dimensional Fund Advisors LP | 14,609,695 | -384,945 |
| Front Street Capital Management, Inc. | 12,171,321 | new |
| Morgan Stanley | 12,022,512 | +131,825 |
| Norges Bank | 11,331,679 | new |
| Northern Trust Corp | 11,152,073 | +548,581 |
| Bank of New York Mellon Corp | 10,489,367 | +4,886,999 |
| First Trust Advisors LP | 10,142,312 | -2,630,411 |
| Allianz Asset Management GmbH | 10,074,316 | +1,585,083 |
| Invesco Ltd. | 9,819,582 | +663,148 |
| Hsbc Holdings PLC | 9,685,625 | +919,605 |
| Renaissance Technologies LLC | 9,170,870 | -549,697 |
Insiders
17 insiders reported holding 21,572,485 shares in total, about $101.6M at the last price.
| Holder | Shares |
|---|---|
| Johnson Kathleen EChief Executive Officer, Director | 8,709,539200,000 held indirectly |
| Stansbury ChristopherEVP and CFO | 5,147,850 |
| Haynes-Gaspar AshleyEVP and Chief Revenue Officer | 1,620,048 |
| Fowler JamesEVP, Chief Tech & Product Off. | 1,608,275 |
| Sharritts Jeffery S.EVP, Chief Revenue Officer | 1,210,981 |
| Hacker Mark S.EVP, CLO & Public Sector | 965,127 |
| Chilton Kevin P.Director | 436,716 |
| Bejar Martha HelenaDirector | 421,144 |
| Hodges Jennifer A.EVP, Chief Legal Officer | 389,668 |
| Allen Quincy LDirector | 352,764 |
Questions about LUMN
What does Lumen Technologies, Inc. do?
Lumen Technologies, Inc. is a company in the Telecommunications sector, listed on NYSE as LUMN. Its shares trade on NYSE under the ticker LUMN.
What is Lumen Technologies, Inc.'s net worth?
Lumen Technologies, Inc. has a market value (market cap) of $4.9B at the latest share price, and shareholders' equity of -$1.7B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Lumen Technologies, Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $668M on revenue of $11.5B.
How much revenue does Lumen Technologies, Inc. make?
Over the twelve months to September 30, 2026 Lumen Technologies, Inc. reported revenue of $11.5B. That is 9.7% less than a year earlier.
When did Lumen Technologies, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 4, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 9, 2026.
When is Lumen Technologies, Inc.'s next earnings report?
Lumen Technologies, Inc.'s next report is expected around February 3, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Similar companies
Compare LUMN with
Follow LUMN
Get an email when Lumen Technologies, Inc. files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values Lumen Technologies, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.