Lumen Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	12,402	13,108	14,557	17,478	19,687
Revenue Growth (YoY)	-5.39%	-9.95%	-16.71%	-11.22%	-4.95%
Cost of Revenue	6,638	6,703	7,144	7,868	8,488
Gross Profit	5,764	6,405	7,413	9,610	11,199
Selling, General & Admin	3,199	2,972	3,198	3,078	2,895
Depreciation & Amortization Expenses	2,749	2,956	2,985	3,239	4,019
Other Operating Expenses	628	17	10,814	3,198	-
Operating Income	-812	460	-9,584	95	4,285
Interest Expense	-1,284	-1,372	-1,158	-1,332	-1,522
Other Non-Operating Income (Expense)	-620	682	505	246	-62
Total Non-Operating Income (Expense)	-1,904	-690	-653	-1,086	-1,584
Pretax Income	-2,716	-230	-10,237	-991	2,701
Provision for Income Taxes	-977	-175	61	557	668
Net Income	-1,739	-55	-10,298	-1,548	2,033
Net Income to Common	-1,739	-55	-10,298	-1,548	2,033
Shares Outstanding (Basic)	995	988	983	1,008	1,060
Shares Outstanding (Diluted)	995	988	983	1,008	1,067
Shares Change (YoY)	0.69%	0.47%	-2.43%	-5.56%	-1.15%
EPS (Basic)	-1.75	-0.06	-10.48	-1.54	1.92
EPS (Diluted)	-1.75	-0.06	-10.48	-1.54	1.91
Free Cash Flow	371	1,102	-940	1,719	3,601
Free Cash Flow Growth	-66.33%	-	-	-52.26%	28.84%
Free Cash Flow Per Share	0.37	1.12	-0.96	1.71	3.38
Dividends Per Share	-	-	-	0.750	1.000
Dividend Growth	-	-	-	-25.00%	-
Gross Margin	46.48%	48.86%	50.92%	54.98%	56.89%
Operating Margin	-6.55%	3.51%	-65.84%	0.54%	21.77%
Profit Margin	-14.02%	-0.42%	-70.74%	-8.86%	10.33%
FCF Margin	2.99%	8.41%	-6.46%	9.84%	18.29%
EBITDA	1,937	3,416	-6,599	3,334	8,304
EBITDA Margin	15.62%	26.06%	-45.33%	19.08%	42.18%
EBIT	-812	460	-9,584	95	4,285
EBIT Margin	-6.55%	3.51%	-65.84%	0.54%	21.77%
Effective Tax Rate	35.97%	76.09%	-0.60%	-56.21%	24.73%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.